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TOS calculates the tdms "9s" okay but has an error in its
calculation of 13s. So I manually count the 13s. As well as
the "Aggressive 13s "
March will be a Tom Demark monthly 13 sell on iwm. So
entering higher risk area. But with the strong uptrend, it may only
have a pause
TDMS on the monthly is a 9
Also just printed a tom demark 9 sell sset up. so may be
a reason to briefly pause in the powerful up trend
$BP SPX Renko on a sell signal
Rydex Bull/Bear ratio now at extremely bullish levels that has
resulted in market pull backs in the past.
On a positive note, $namo and $nymo closed beneath lower BB
today. So may get a bounce in market later in week.
This a BPT chart that Matt/Steve often include in their
$BPSPX Renko system gave a sell signal this week
you are welcome
Rydex asset ratio has reached extreme levels again. Too many
bull fund inflows and bear fund out flows as a ratio. It made
extremes (inverted Scale) Jan and Sept 2018, Feb 2020, Oct 2020 and
now back at Nov extremes. Caution warranted here.
You are welcome. Thanks for the newsletter
Decison Point Chart Pack in SCs
Hi It is in stockcharts.com, on the right hand side.
Scroll down to "Decision Point" charts/ There are a number of
charts in there I monitor. This indicator tracks real $$
moving into out of Bull, Bear and money market funds. When
excess $$ moves into Bull funds cf to Bear funds then the ratio
Ryder Bear Bull Ratio
Each time the ryder bear bull ration (inverted) in the second
window down, reaches a high reading there is a meaningful pull
$nymo and $namo, getting down to low levels. $nymo 2 days
Your welcome Thanks for the newsletter
PMOBuyAll indiactor still working lower on a sell signal
$Nymo below bottom BB by a tad. But isnt oversold yet. $Namo is
slightly above its bottom BB
$cpc, highest level since May 2020
gave a sell today. Normally small and mid caps roll over
into sell signals first. This time large caps have given pmo sells
while the small and mid caps are rolling over but not crossed their
signal lines down yet
$namo closed below bottom BB for the 1st day. see if nasdaq can
close lower tomorrow to provide a $namo 2 closes below its BB.
$Nymo hasnt closed below its bottom BB as of Tuesday
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