Review of Forecast for Oct 24, 2016
Limited upside as expected. Overall dropped to 1.5% boundary only hence 2.5% downside move not activated. As projected, sudden reversal happened all week with ...
From breadth models including 3-days Advance and Tick16, the US stock market indices (SPX, NDX, Dow) are entering a zone that poses significant downside risk (10% to 15%, or more ...
The breadth is decidedly bearish.
No divgerence long setup from 3-day advance issues.
And Tick16 Short Term is overbought.
Another flush low is needed to produce a daily level low.
As the long term Tick16 index is staying in the bullish zone, and that the short term Tick16 has moved away from the long term index for some time already, ...
NeoBreadth enables our users to collect user defined breadth data within NeoTicker, both in real-time and in reconstruction of historical breadth data. The analysis of customized market breadth data is ...
Review of Forecast for May 16, 2016
Trend sell week as expected. Initial push higher due to news shock immediately reversed course as breadth not supporting the move at all. End ...
Review of Forecast for Apr 20, 2015
First attempt to go higher last week was capped at the 1.5% boundary as forecasted last week. Yet by mid week the selling failed ...
Review of Forecast for May 4, 2015
The expectation of 2nd week of correction predicted the scenario correctly. Bottom out within the week too. The breadth analog model did an excellent ...
S&P officially cut the rating of United States from AAA to AA+ with negative outlook.
You can read reports on that from the following sites,
ZeroHedge
Reuters
As a trader I do not really ...
It is time to take a look at the basic statistical behaviour of the Tick Index. Following is a chart of NYSE Tick Index and its 3 distribution graphs. ...