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 : Steve's Channelling Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jdaasoc who wrote (18611)6/22/2001 2:25:30 PM
From: Zeev Hed  Read Replies (8) of 30051
 
The tic and TRIN divergence on the NYSE is the same that led to the recent drop from 11000 to 10600. I know all commentators claim that the high trin is bullish, but not when it is accompanied by high tic, IMHO. I fear that I am in a minority of one on this issue, but none of these 12 prior events cited by Hays, for instance, as good bottom indicators had positive tics, they all had negative (and strongly negative) tic. So I remain very cautious here and still expect a whack into next week. I might even have to delay the early July expected rally (otr eliminate it) f that divergence continues for long.

Zeev
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News