The current State Of My Trusted Thrusts: Breakaway Momentum: Not
yet -- and won’t get it Monday. Currently 1.76; threshold is 1.97,
but would take 2600 net advances Monday to get there, and only 2800
stocks trade/day. But market may have a chance to generate it
mid-week if – if -- breadth remains unusually strong.
Whaley Breadth Thrust: Not yet; definitely possible. Currently
63.82%; threshold is 73.67%, but would only take 755 net advances
Monday to get there.
He is considered the king of such information.
Let me be clear, we are in a very fluid market here with
current news backdrop (many hurdles and some not apparent as yet).
For me, it's level to level and keeping an open mind due to
my age and unwillingness to put to much at risk. Develop and
follow your plan.
Walter Deemer Comments on Thrusts
Posted by steve on 27th of Apr 2025 at 11:55 am
The current State Of My Trusted Thrusts: Breakaway Momentum: Not yet -- and won’t get it Monday. Currently 1.76; threshold is 1.97, but would take 2600 net advances Monday to get there, and only 2800 stocks trade/day. But market may have a chance to generate it mid-week if – if -- breadth remains unusually strong.
Whaley Breadth Thrust: Not yet; definitely possible. Currently 63.82%; threshold is 73.67%, but would only take 755 net advances Monday to get there.
He is considered the king of such information.
Let me be clear, we are in a very fluid market here with current news backdrop (many hurdles and some not apparent as yet). For me, it's level to level and keeping an open mind due to my age and unwillingness to put to much at risk. Develop and follow your plan.
Great information. Thanks Steve !!!
Posted by rmoore100 on 27th of Apr 2025 at 09:44 pm
Great information. Thanks Steve !!!