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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: rimshot who wrote (15020)1/12/2021 2:22:40 PM
From: rimshot3 Recommendations

Recommended By
ajtj99
Qone0
The Ox

  Read Replies (1) of 97864
 
one "secret" Sentiment fade that I have employed over the years, and the Fade is usually
accurate from the standpoint of the multi-week timing window for executing the Market Direction Fade -

instruction to self which I have thinly shared with others via email in prior years:

"Fade the BETS directional trading guidance when BETS is +80 to +95 and above,
which is when Dave Breslaw creator of the customized BETS scoring system remains
bullish, even when based on the Advance-Decline data set upper extreme levels"

forums.technicalwatch.com

the Advance-Decline chart set which Dave updates each weekend is visible here for
the week ended January 8, 2021 -

* notice that $NYMO is strongly Negatively Divergent displaying lower highs while
the $NYA is printing new record price highs

technicalwatch.com
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