SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chip McVickar who started this subject11/10/2000 2:58:27 PM
From: Chip McVickar  Read Replies (2) of 12411
 
NYSE 25 day summation and 40 day cycles

Interesting the way the NYSE 25 day sum is reacting.
The last time it went -minus into plus territory was on June 2nd.
This was proceeded by a series of broken and short lived 20 day spurts.

After June 2 it stayed plus until Sept 19th (skipping a 40 day cycle),
Sept 19 was 'right-on-the-dot' of a 40 day cycle and a window for turning negative, it did.

Nov 13th puts us right on a 40 day cycle again and I expect a positive change. A 6 day window is structured in from having watched the last few years.

So..., the 25 day sum is pushing up against neutral at about -1500 (0.95 ob/os)..., between Nov 13th and 21st the sum has a window here and should either fail to rise or continue negative.

I suspect this count will turn positive and the NYSE market will begin rising into the end of the year.

I've not done any research on the Nasdaq, as the Advance/Decline historical figures are very difficult to come by. The Nasdaq is definately on a different cycle and most likely has de-coupled and will remain at logger-heads with the prevailing sentiment.(If anyone has access to this data and knows Excel I can get the process going.)

If the NYSE can hold these levels 10,600 for a week, the weekly chart forks suggest 11,500 is doable.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext