RE: US Stocks - Watchlist and Discussion (Premium)
(2015-06-08, 10:02 PM)pcabc Wrote: I'm not any good at reading breadth so perhaps someone else would like to comment.
I've done an update on the market breadth thread of what I'm seeing here: http://stageanalysis.net/forum/showthrea...28#pid9028. Double bottom breakdown today on the NYSE Percentage of Stocks above their 150 Day Moving Averages chart, which is a key one for me personally. So I'm going to be raising some cash in my US positions.
I'm not suggesting that's what others should do, but my interpretation of the WoE is that it's weakening in the NYSE market at least and so I'm going to be cautious.
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.