Very impressive. Thanks!

You have statistics for that? It seems to me that the average European and the average American both live pretty well, while the lowest 20% of Americans are probably as bad off as the lowest 20% of Europeans.

On a positive note, ARKK is an explosive, high percentage mover, both up and down, great for short term trading. Managing a fund is much different than trading what's in front of you or trading price action.

Requited viewing, especially for anybody who's bullish at the moment. Looks like I'll be holding on to my cash for a lot longer. Thanks for the link.

This works on other longer time frames as well, such as 4H, 1D, 1W. It makes sense if you look at stochastic as a momentum indicator, high stochastic is buying pressure, then a dip and recovery means renewed buying pressure. Lack of buying pressure and stochastic falls deep to selling pressure. Smaller time frames get too choppy to show momentum well. Thanks for showing this and making me remember stochastic is buying/selling pressure.

I don't look at how the semis are in relation to the MA's, but I do see the semis just made a new lower low on the daily.  No market bottom before we see the semi's make higher lows and higher highs.