ANYBODY else looking at this ??
A SELL SIGNAL of the internals
CAN BE DELAYED from 3 days to as much as 10DAYS
Are you familiar with the ARMS & TRIN indexes??
on FEB 25th
ARMS 5 = 139, a BUY
TRIN 5 = 697, a buy
trin 10 = 1147 , a buy
On March 10th & 11th SELL SIGNAL WERE GENERATED
arms 5= 81.4 & 75.4
Trin 5 = 407 & 377
trin 10 = 933 & 916
THESE ARE NOT MY SELL SIGNALS
they are generated from the MARKET's INTERNAL Data on ADV/ declines & VOLUME
I have kept track of this data for 7 years and it is very telling
but the reaction doesnt have to be IMMEDIATE
and you ALL KNOW THAT
WHEN THIS BABY GOES,
we WILL KNOW IT
POWER INDEX DOES DROP OFF TOMRROW for the FIRST TIME ALL WEEK
There are 15 TRADE days till APRIL 1st and the the COMPRESSION thats building up will be exacerbated.
when it starts to cascade, NOTHING WILL STOP IT till APRIL 1st.
AND TODAY PUT the FROSTING on the CAKE
daily ARMS INDEX
WED = .66
ARMS 5 NOW = 69.6 = SELL
TRIN 5 now = 348 = SELL
TRIN 10 now = 866 + SELL
WHEN ALL 3 indexes are in SYNC - IT YELLS OUT LOUDLY