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: I mentioned last week that the 10 day MA oscilllator had reached it's normal upper range. This has now pulled back a bit with the consolidation this week, so the market could have room to move again if it breaks higher again, as it's no longer as extended short term as it was.
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.