Market Internals 2012-01-29
The 3-Day Advance Issues and Tick16 both issued long term sell signals last week.
Last year, it took a month of gyration of drifting up til February before I got the signals and they were not in sync back then.
Something big is cooking.
Comments
To clarify, last year it took months before you got sell signals on both as opposed to just one?
2010 Dec to early 2011 Feb breadth simply stayed bullish.