Wilshire 5000 (WLSH) broad view of the market. Rangebound but still that same head-and-shoulders top appearance
NYAD Mamis-Meisler oscillator, still on a 'buy' but could whipsaw into a sell (cross)_______________________________________
NYSE breadth, Bollinger style, with MACD histogram using 21,100,9 'departure' graph with MACD histogram. Bollinger feels that accumulation-distribution is more likely to give false signals than this type of graph, with the 100 period lookback giving more assessment of breadth 'structure'. What you see is both the histogram and the MACD lines crossing south (as opposed to the reverse in mid-March.__________________________________________________________
Good trading and great risk management to all.
Educational use only. Never intended as investment advice.


0 comments:
Post a Comment