Cumulative P&F Breakouts - Breakdowns custom Breadth charts
Attached is my updated custom breadth charts that I do based on the daily point and figure double top and double bottom breakdowns for those that don't follow the thread.
Note: as with the market averages, the cumulative P&F double top breakouts minus the P&F double bottom breakdowns closed above it's most recent swing high, and is also above the 20 and 50 day MAs, which crossed over each over this week - also to the updside. And the 10 day, 20 day and 50 day MA ocscillator charts are all now in positive territory, but not yet near any extreme levels. So overall some positives to add to the weight of evidence.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.