(This post was last modified: 2018-08-16, 12:03 AM by pcabc.
Edit Reason: Small addition, comment on DJI.
)
RE: Stan Weinstein's Stage Analysis
My breadth plots
As always, there may be errors. These plots need some tidying as they have a bit more data in them and the labelling has not caught up. 'Breadthindicator' is a scoring system of my own based on the various items plotted.
US:
I note that the 150 day MA on DJI is now sloping down, but only by a tiny amount, it is essentially flat.
UK:
Note that the 150 day SMA has rolled over and has started to fall. But to all intents and purposes it is essentially flat.
Gold / gold miners:
I wondered if there was a rush to gold or gold miners. Apparently not.
Perhaps I ought ot look at bond ETFs to see if anything happening there?