RE: Market Breadth Extra
(2015-10-08, 09:15 PM)gbarbs Wrote: Thanks isa. How about the length of time that it has been positive? Do you give it any additional weight because it has been in positive territory for a long time, and now crossed? It sounds like you are looking for a more significant move below that line to indicate a stronger signal
I don't think we have enough historical data to make a judgement on the amount of time it's been positive. But I think if it does get below and stay below the zero line then it would be another sign that the Stage 4 is more serious. But it's not there yet, as it's rebounded from it in the last week after consolidating around it for a while. So, is another reason why I'm fairly neutral at the moment, as we are at an inflection point
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.