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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Woody who wrote (66329)12/24/2021 12:24:18 PM
From: Doug R   of 79425
 
Without a doubt, the longest hit drought.
Contrarian-wise it would mean that a major broad-based rally has been percolating.
Otherwise it would mean that breadth is now so thin that the major indexes are in serious trouble.

A 15+ hit day on Monday would be nice for the contrarian view.
Otherwise...the rest stop may be over and it's back on the bus.
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