RE: Market Breadth Extra
(2015-12-09, 12:48 AM)isatrader Wrote: Momentum Index at six year lows - 20 year chart
Would you consider this "hovering"? It certainly does not look like it on this time scale but the 2 yr time scale looks different its been near the zero line a few months. Maybe I'm overanalyzing but he mentions a move below when it is hovering is less meaningful is all.
momentum index on the bottom on a 3 yr time scale