Miscellaneous Charts
Disclaimer: All charts and comments are intended for education and discussion purposes only. No investment recommendations are being offered. Please do your own research and take responsibility for all investment decisions that you make. Questions and comments related to this post are encouraged. | MON - Sector Strength | TUE - Interest Rates | WED - Market Breadth | THU - Commodities & Currencies | FRI - Market Sentiment | SAT - Bullish Percents | About | contact: HeadlineCharts@gmail.com |
I found some great charts that I saved some time ago from various sources. Above is one from Arthur Hill. The CCI never reached the very oversold area which hints at remaining strength in the market. A re-test of the price lows while the CCI remains above the -100 level would be a positive sign for the market.
Here's another chart from Arthur Hill. While the moving average of high/lows is below the zero line the market is in correction. This method also kept Arthur Hill in the market during the March correction since it never dipped below zero.
The put/call index has moved up to a level where it is getting close to a buy signal. The smoothed MACD will help determine when to pull the trigger with a cross under.
