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

To: Lee Lichterman III who wrote (77848)

3/25/2023 3:59:19 PM

From: rimshot

3 Recommendations

Recommended By
ajtj99
Lee Lichterman III
skier31

Read Replies (1) | Respond to of 98151

Lee - the NYSE 10-day smoothing of the New Highs minus New Lows Differential data resulted
in a new multi-week Negative low for this stat both on Thursday & Friday, March 24

** we are only about 25% of the distance down to the late September 2022 low for this 10-day stat

* yes, this is lagging data because of the 10-day smoothing of the daily data ... the
trend measure has the benefit of minimizing interpretation whipsaw, day to day

To: rimshot who wrote (1085)	1/15/2023 5:55:49 PM
From: rimshot	of 1101

positive 55.50 = NYSE New Highs minus New Lows Differential smoothed with the 10-day moving average ( a new high on January 13, 2023 only surpassed by the January 4 & 5, 2022 values for the 10-day ) stockcharts.com * updated Friday January 13, 2023

To: Lee Lichterman III who wrote (77848)	3/26/2023 3:04:37 PM
From: rimshot	3 Recommendations Recommended By ajtj99 Lee Lichterman III Lou Weed Read Replies (1) \| Respond to of 98151

Lee, you probably could care less about this measure but here it is anyway: compare the early February through March 24th patterns by $BPOEX vs. $BPSPX ... if the market is heading toward/above $SPX 4,180 or toward/below $SPX 3,730 ... a forewarning is already likely to soon be provided by the developing action in $BPOEX charts vs. $BPSPX charts - Bullish Percents Index - The Bullish Percent Index fluctuates between 0% and 100%. In its most basic form, the Bullish Percent Index favors the bulls when above 50% and the bears when below 50%. BP's are also considered overbought when above 70% and oversold when below 30%. BP's explained at Chart School - school.stockcharts.com