This isn’t the most high-powered edge we’ve seen but it does provided a subtle hint that there may be a bearish edge present over the next few days. I also filtered the results a few different ways, such as using a 50-day high or a 200-day high. No matter how I sliced it results remained fairly similar to these.
1 comment:
Thanks; I am a dip buyer until that stops working but am respectful of the potential rapidity of any sell off. I understand the various bearish signs but am wondering how the uncertainty of impending earnings will act to potentially prop the market up until the major reports come through ... and I guess I think that given the potential positive reports from some of the big companies, that a big sell-the-news reaction is not a certainty.
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