I published MY PROPRIETARY spread sheet data b4 but heres an update
DATE ----ADV/DEC ----Volume-----Adv /DEC 5------Vol 5----Arms 10
SPT9th------- 1495 -------- 4293 ---------299-----------858
Oct1 ----------758---------- 877-----------151------------175
Usually we get a decline in those values as the mkt falls, but this
one is 500 pts above that SPT9th date
How do you think the MKT is going to EQUALIZE those values with PRICE
come Monday Oct4th & part of the 5th & on thru the 7th new moon late afternoon
Keep in mind that the THRESHOLD for BUYS on the
FIRST 2 sets of a/d & Vol are under 400.
usually a reading under 300 for 2 to 3 days gets us a rally.
I'll report on that next week
Jay
2 comments:
Jay - can you share your power index and daily reading for this week ...
As
Not getting a clear picture from Power index this week
but energy is better
see update
Jay
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