Technical analysis for shorts & longs Message Board

STOCKTALK

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 : Technical analysis for shorts & longs

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E_K_S who wrote (51219)	1/17/2015 9:18:34 PM
From: Johnny Canuck	Read Replies (1) of 68077

Keep in mind bullish percentages do not provide a timing model. They only show when a sector has statistically a low number of stocks in the sector makeup that are not in a bullish trend. Sectors can remain out of favour for years due to fundamental reasons. Re-shuffling of the stocks in a sector can also distort the bullish percentage. It may or may not be a good indicator or whether a sector is oversold depending on how stable the list of stocks are in a sector. Re-shuffling of the SP500 each year for example makes long term comparisons difficult.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next