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Subject: Inflection points, and a movie analogy stretch | Date: 1/25/2019 6:07 PM | |
Author: FlyingCircus | Number: 273217 of 280100 | |
...so, here we are. The 99D / DBE went bearish on the Naz Tuesday. It is going bearish on the Russell today, and is still 3 weeks away on large caps (S&P). So the 99D / DBE is... bearish (effectively). Aaand conveniently, the NH/NL is right now flipping back to bullish (if you use Zee's above -10 tweak). One up, one down. Pick up the bullish flag? Or keep holding the bearish flag? but considering this is a -stock market-, and will -do whatever it wants to do next-, you gotta ask yourself one question. Do I feel lucky? Well? Do ya? FC left out the "punk" ;-) was there a backtest for that scenario? |
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