RE: Stan Weinstein's Stage Analysis
(2018-10-22, 10:10 PM)GlobalCitizen Wrote: SPY and DOW below their 30-week moving averages. What will happen from here?
Keep an eye on the market breadth indicators that everyone posts each week. They make up what Stan refers to as the "Weight of Evidence" and should be considered as one.
They give us clues as to the path of least resistance for the US market and help with timing.
Read chapter 8 in the book for more info, and there's a lots about them on here in various threads from over the years.
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.