An interesting usage of advance / decline issues is to identify the market extremes. Here is one setup that has emerged as one of the best short term bottom picking ...
Review of Forecast for Nov 16, 2015
Pullback to 5% target and took off from there. Intraday volatility picking up as forecasted. No downward push at all. The breadth analog model ...
Review of Forecast for Nov 21, 2016
Thanksgiving week led to updrift all week. Volatility spike did not materialized. Slingshot move not enough time to unfold due to shorten trading hours. ...
Review of Forecast for Dec 14, 2015
Bottoming call worked out. Got the 2.5% and more rally as well. Premium members learned that a complete reversal was expected starting Thursday as ...
Haven't got time to write an update til now.
The sell off I was looking for til 3-day advance struck bottom was done in the beginning of last week. Not quite ...
Review of Forecast for Apr 11, 2016
Initial weaknesses did not produce much damage and the slingshot move higher materialized. The breadth analog model did a great job for the week. ...
Review of Forecast for Sep 12, 2016
Forecast of 1% or more wild swings throughout the week materialized. Intraday volatility increased as expected. No 2% flush low as support was found ...
The breadth is decidedly bearish.
No divgerence long setup from 3-day advance issues.
And Tick16 Short Term is overbought.
Another flush low is needed to produce a daily level low.
S&P500 Tick1K Index is a custom market breadth index built with a similar principle like the NYSE Tick Index. Since the S&P500 Tick1K Index contains only the S&P500 components, it ...
Review of Forecast for Apr 18, 2016
Swing top attempt materialized. Not enough time to develop further drop after 1.5% swing down happened from week high. Volatility picked up as expected. ...