we've discussed that indicator probably 100 times in the last 6
months. it's not something you can trade off, and I've
discussed either it shows that the market has climbed a wall of
worry since Mar lows as the sentiment never went back bullish, or
it's broken somehow. Following that one would not have
participated in the large up move from late Mar, to me ti's just
worthless for trading purposes
This looks to me like
Posted by chipmon45 on 29th of Sep 2020 at 09:07 am
This looks to me like we are not close to a major top. or am I missing something ?
we've discussed that indicator probably
Posted by matt on 29th of Sep 2020 at 09:32 am
we've discussed that indicator probably 100 times in the last 6 months. it's not something you can trade off, and I've discussed either it shows that the market has climbed a wall of worry since Mar lows as the sentiment never went back bullish, or it's broken somehow. Following that one would not have participated in the large up move from late Mar, to me ti's just worthless for trading purposes
Thanks, that is why I
Posted by chipmon45 on 29th of Sep 2020 at 09:34 am
Thanks, that is why I asked. I just joined recently so missed the previous discussions.
yeah no worries man, this
Posted by matt on 29th of Sep 2020 at 09:35 am
yeah no worries man, this is the place to ask questions, here's our version of the chart