Silicon Investor (SI) -- The First Internet Community

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 : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (90406)	3/9/2017 11:58:22 AM
From: Underexposed	Read Replies (1) \| Respond to of 219733

Yes I can see these charts quite well now. I have never used a cumulative chart before and definitely not using the cumulative advances/declines for a whole exchange and then comparing that to a particular security. I will have to study this for a while before I can give an intelligent answer. As far as the SPY chart.... Except for Money flow (which I have studied and rejected in favour of CCI in my suite of indicators) and RSI Which I am not sure of the lookback that you are using....probably 14 days. The RSI is pegged over 80 and the conventional wisdom is the security is overbought and hence is a bearish signal.... I don't agree with that line of thinking... I view it as a very bullish signal... it could be up there for weeks or months... at what point would that bearish signal there turn into a bear in the chart??? Answer... you don't know You use a fibonacci series in that chart from the top down... there are a couple of lines missing 23.6% and 75.4% in that series.... I suppose there is no reversal at these lines so they are ignored. I never really understood these numbers when it comes to predicting the future movement I will work up an analysis of SPY but I doubt I will see it as bearish