$COMPQ - Chart Link-back in December I
discussed that when this neared the zero would be objective areas
to short - and it's been amazing. I could have just followed this
year all year and done nothing else LOL.
lewiscook - I used that 2008 example back in Dec as my thoughts
for how it could play out like that this year. Obviously if I
hadn't had that past chart data I wouldn't have been able to guess
that might be the case this year - my thought back then was that it
would follow a similar path this year, you never know of course ,
but clearly it did
awesome chart Matt! I probably look at this chart once a
day. Im more of a daily chartist and limited on using quicker
time frames due to work so thanks.
Nasdaq highs-lows has just nailed it all year
Posted by matt on 3rd of Nov 2022 at 09:57 am
$COMPQ - Chart Link-back in December I discussed that when this neared the zero would be objective areas to short - and it's been amazing. I could have just followed this year all year and done nothing else LOL.
That chart and the one
Posted by frtaylor on 3rd of Nov 2022 at 10:07 am
That chart and the one you showed last night, when 80% of S&P stocks are above their 20 dma. Both great!
frtaylor - here's a link
Posted by matt on 3rd of Nov 2022 at 10:10 am
frtaylor - here's a link to that chart
https://www.barchart.com/stocks/quotes/$MMTW/interactive-chart
barchart.com
Percent of Stocks Above 20-Day Average Interactive Chart - Barchart.com
Customizable interactive chart for Percent of Stocks Above 20-Day Average with latest real-time price quote, charts, latest news, technical analysis and opinions.
Thanks, I liked that chart
Posted by racerick on 3rd of Nov 2022 at 10:10 am
Thanks, I liked that chart too.
Great indicator, Matt. But, how
Posted by lewiscook on 3rd of Nov 2022 at 10:00 am
Great indicator, Matt. But, how could you know that prior???.... No way to know without hindsight. Thanks for all you and Steve do!!!!
lewiscook - I used that
Posted by matt on 3rd of Nov 2022 at 10:13 am
lewiscook - I used that 2008 example back in Dec as my thoughts for how it could play out like that this year. Obviously if I hadn't had that past chart data I wouldn't have been able to guess that might be the case this year - my thought back then was that it would follow a similar path this year, you never know of course , but clearly it did
Maybe next BEAR we only
Posted by lewiscook on 3rd of Nov 2022 at 10:24 am
Maybe next BEAR we only use it.......... However, given our conversations, and the work you and Steve put in, I doubt it
that said - it didn't
Posted by matt on 3rd of Nov 2022 at 10:25 am
that said - it didn't work that way in late 2000 - late 2002 bear
Glad you did!!!! Been a
Posted by lewiscook on 3rd of Nov 2022 at 10:17 am
Glad you did!!!! Been a great HELP to ME!!!!
awesome chart Matt! I probably
Posted by morton7 on 3rd of Nov 2022 at 09:59 am
awesome chart Matt! I probably look at this chart once a day. Im more of a daily chartist and limited on using quicker time frames due to work so thanks.
this is what it did
Posted by matt on 3rd of Nov 2022 at 10:05 am
this is what it did in 2008, basically the same thing it's been doing this year