Cumulative Point & Figure Breakouts - Breakdowns
Totals for the week:
+222 double top stock breakouts
-1354 double bottom stock breakdowns
-1132 net breakouts - breakdowns
The cumulative line broke down this week below multiple previous lows from the range that's formed over the year. So is in bearish territory and hence suggests continuing with a Defensive strategy.
Status: Difficult Environment
Cumulative Point & Figure Breakouts - Breakdowns Distance Above / Below its 20 day MA
Cumulative Point & Figure Breakouts - Breakdowns MA Momentum Oscillators
Most of the Oscillators are at levels similar to late 2018
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.