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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (180934)10/12/2022 7:33:44 PM
From: Larbro2 Recommendations

Recommended By
robert b furman
toccodolce

  Respond to of 207592
 
The clx is one tool that is useful. In conjunction with it, sentiment must to be satisfied before any substantial rally can begin, and the boyz know that. Check out the 2c-p every day over on wollieworld (better yet plot it against any index) which is a measure of bullish or bearish sentiment. I like to see it below 5% in front of any significant bottom and we are not there yet, as much as I try to think otherwise. A good swoop down would probably make that happen. Having said that, probably your EW projections need to be satisified in conjunction with the sentiment numbers. I am long and hoping for a consistent turn up....but you know how far hope gets ya.