מדד S&P 500שורט
Market Internals in trouble
The 2 most important internals we can measure are sentiment and breadth.
Sentiment is going higher, but breadth is starting to show cracks.
The are many breadth measures, including: McClellan Oscillator, advancers vs decliners, equal weights.
Both had been holding up very well; however, the breadth is starting to show downtrends, suggesting we are due for a correction.
I have been following a chart from an analyst at Schwab, which shows the correlation between 2009-2010 SPX chart VS the 2020-2021 SPX chart. And it has been following it CLOSELY. This chart also suggests we are due for a 8% correction (drawn in the chart).
Let me know if you want the article, it is free on the Insight Schwab website.
Always rely on your stop-exits. Volatility is growing higher.
Sentiment is going higher, but breadth is starting to show cracks.
The are many breadth measures, including: McClellan Oscillator, advancers vs decliners, equal weights.
Both had been holding up very well; however, the breadth is starting to show downtrends, suggesting we are due for a correction.
I have been following a chart from an analyst at Schwab, which shows the correlation between 2009-2010 SPX chart VS the 2020-2021 SPX chart. And it has been following it CLOSELY. This chart also suggests we are due for a 8% correction (drawn in the chart).
Let me know if you want the article, it is free on the Insight Schwab website.
Always rely on your stop-exits. Volatility is growing higher.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.