RE: Stan Weinstein's Stage Analysis
Hi Isatrader,
I love so much your Tops&Bttoms analysis that I plotted the daily net number against the S&P 500 with the data you showed since you revived the thread (late jan 18). I wanted to look at it as I do with the AD line, ie looking for potential long term divergences with the index.
Here's what I've got (with a few data points missing, but I think it does not change the picture)
Everyone draws his own conclusions, of course but even with the slight show of weakness in breadth observed since the beg of september, the picture does not seem too alarming to me.
Thanks again for the approach,
B