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To: Robohogs who wrote (27374)9/26/2022 1:15:09 PM
From: Les H1 Recommendation

Recommended By
Robohogs

  Read Replies (1) | Respond to of 29601
 
Threshold is usually when they go below 20 percent and cross back up. It works similar to the stochastic oscillator. I haven't done a performance analysis.

marketcharts.com

The difference with the 200-day moving average has broken down below 30 percent to where there is no safe haven.

The other one is the difference of today's low price from the 50-day moving average and the 200-day moving average. It is starting to approach June's low, but nowhere close to the lows in March 2020 or the 2008.