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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (76208)1/30/2023 7:03:59 PM
From: rimshot4 Recommendations

Recommended By
catou1
Lee Lichterman III
skier31
towerdog

  Respond to of 97463
 
daily Cumulative NYSE all-issues version of the McClellan Oscillator achieves a new multi-month high today,
and rests several percentage points above its August 2022 high
vs.
daily Cumulative NYSE common-stocks-only version of the McClellan Oscillator at today's January 30
close rests 36 percent below its August 2022 high

* this Negative Divergence between the two data sets will most likely produce
a bearish price outcome for US equities if the Negative Divergence condition continues for more than a few
weeks