Posted by timebandit on 3rd of Jul 2021 at 02:47 pm
Divergence also an $NAMO. Once again, maybe there are breadth
issues built into the Nasdaq market, but these divergences appear
to have had some predictive power in the past. We are entering
earnings season, and $NYMO shows no such divergences, so we'll just
have to see what we get.
Don't know what to make
Posted by timebandit on 2nd of Jul 2021 at 03:56 pm
Don't know what to make of $NAAD cumulative. Seems quite a different story from $NYAD cumulative.
I think Tom Mcclellan or
Posted by kevindeng0727 on 2nd of Jul 2021 at 04:24 pm
I think Tom Mcclellan or someone else mentioned that NAAD doesn't have much value as NASDAQ has lot of junk stocks.
Good to know. Thanks, kevindeng0727
Posted by timebandit on 2nd of Jul 2021 at 04:26 pm
Good to know. Thanks, kevindeng0727
Divergence also an $NAMO. Once
Posted by timebandit on 3rd of Jul 2021 at 02:47 pm
Divergence also an $NAMO. Once again, maybe there are breadth issues built into the Nasdaq market, but these divergences appear to have had some predictive power in the past. We are entering earnings season, and $NYMO shows no such divergences, so we'll just have to see what we get.
I take that back. There
Posted by timebandit on 3rd of Jul 2021 at 02:52 pm
I take that back. There is also some divergence on $NYMO going back to early June. Again, just a warning signal, we'll see what happens.