Sunday, January 27, 2019

Info!! A Friday Potpourri Of Trading As Well As Marketplace Views

*  On Th across the NYSE universe, nosotros saw quite a few to a greater extent than stocks closed below their lower Bollinger Bands than to a higher house their upper bands.  As you lot tin encounter from the nautical chart above, of import intermediate-term lows bring occurred inwards marketplace position cycles when we've seen a plethora of stocks trading below their lower bands.  I went dorsum to the cause of my information fix (May, 2014; raw information from Stock Charts) together with looked at all occasions inwards which nosotros registered to a greater extent than than 200 stocks below their lower bands versus to a higher house their upper bands, where this was the showtime occasion inwards at to the lowest degree ii weeks.  Interestingly, 3 days later, SPY was upwardly twice together with downwardly v times for an average loss of -.54%.  Too pocket-size a sample to hang one's chapeau on, merely the cry for is that markets tin display short-term momentum to the downside likewise every bit upside when at that spot is a potent breadth move.

*  We ofttimes postulate heed that your trading fashion should check your personality, merely Pure Price Momentum
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