THE FUTURE

THE FUTURE
Graphs above are dated JUNE & JULY 2017 as well as the NOTE UNDERNEATH

Saturday, March 10, 2012

market direction, whats next-- BEARISH WEEK AHEAD

NO EXPLANATION needed - EVERY TECH KNOWS whats NEXT
Jay

1 comment:

Jay Strauss said...

One of my yahoo associates developed what he calls a BETTER TRIN

than what Richard Arms devloped.



He gave me the XLS spread sheet so i can track it myself.

I do have 8 years of ARMS & trin data from which that VOLUME graph is derived.



But heres what weve got just since late Feb when I started it.

SELL SIGNALS ARE generated when the better trin drops under MINUS 10

and the 5 sma gets above 1.15



FEB 29 was a MINUS - 13.72 is the BETTER TRIN # AND the 5day Smoothed average is 1.04

so we see the mkt responded with only a mild retreat



March 5th

MINUS 20.92 and 1.18 thus we got a 200 pts sell off on March 6th



March 9th

MINUS 10.07 and 1.17

Now

we wait for MONDAY to see the results


THERE IS NO Guarantee that HIGHER #s mean a bigger sell off or not.



In other words, we dont know (YET) if there is a correlation between the numeric index LEVEL,

and the severity of a sell off, and of course visa versa with #s over PLUS 8.00 & under 1.10
for buy signals.

Later
Jay