(This post was last modified: 2020-02-29, 03:56 PM by pcabc.)
RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
(2020-02-29, 03:48 PM)pcabc Wrote: BreadthOn the whole the last 6 months gains have been erased. The drop, both in the prices and breadth indications have been so rapid that the longer MAs have barely been affected. You might argue that the indices are still in stage 2, as we have not had a serious pullback in 6 months and in general, if the low goes no lower then the previous low is not breached, even if the 150 day MA is. Does this mean will will get a rapid climb back up, goe sideways, or pullup into a bull trap?