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 breakouts and double bottom breakdowns.
Totals for the week:
+85 double top breakouts
-1694 double bottom breakdowns
-1609 net breakouts - breakdowns
Note: this is by far the biggest weekly drop we've had this year, and the distance from its 20 day moving average is the furthest it's been. So seeing some extremes currently.
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.