Hi Mike, i just read only a several individuals that usually think along my lines, problem of always seeking out those you agree with... ajtj is very good on "P&S and Sto death blow's"(see below) also read justa werkenstiff, Jorj who does excellent charts, see his moon chart at this sight and godfrey daniels . i also read norm on market swing and the head man at 'raptor;s den' here at SI. that does it for me... good luck. sq
To:Justa Werkenstiff who wrote (15817) From: ajtj99 Tuesday, Nov 19, 2002 10:17 PM View Replies (1) | Respond to of 15874
OK, here ya go, Justa: Some indications that we've seen the highs:
USD daily nearly turning down:
stockcharts.com[h,a]dacl......
VXN weekly has pretty much met my criteria for the 40-48% drop (extremely low slow stoch level and lower BB hit):
stockcharts.com[h,a]wacl......
BPNDX ADX levels are at an extreme level not seen during the bear market:
stockcharts.com[h,a]da......
NDX daily has turned down off overbought levels:
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COMP and NDX weekly charts have turned down after nearly hitting the upper BB:
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SOXX printed a gravestone doji yesterday at the upper BB and confirmed it with today's candle on the daily, chart also turning down on the daily:
stockcharts.com[h,a]dacl......
TNX daily reversing and passing the middle BB.
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TNX weekly reversing back down:
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The BPOEX weekly has turned down for 2-weeks now:
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It usually turns down a week prior to the top being in.
Anyway, those are some of the things I'm looking at as early warnings that the top should be in. |