Nasdaq Highs - Lows in bear markets

    Posted by matt on 7th of Apr 2022 at 10:32 am

    I've discussed this for months, the New highs - New Lows and how in bear markets it basically stays below zero. And every time it gets close to zero or goes positive for a day has marketed the highs. Every time it does that is a good time to get very defensive and look for shorts - notice the peaks this year

    $COMPQ - Chart Link current year 

    $COMPQ - Chart Link Now look at the version in 2008 - as you can see every time that different went up near zero or went positive for a day was a peak in the market

     

    Nice!

    Posted by mla127 on 7th of Apr 2022 at 10:49 am

    Nice!

    notice I put the Highs

    Posted by matt on 7th of Apr 2022 at 10:45 am

    notice I put the Highs - Lows at the top vs at the bottom like it was to visually showcase it better

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