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  1. #1
    Speedy Az winner69's Avatar
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    Next week must be the week that 2000 is reached ......wow

  2. #2
    Speedy Az winner69's Avatar
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    Quote Originally Posted by winner69 View Post
    Next week must be the week that 2000 is reached ......wow
    Tomorrow be the day ....wow 2000

  3. #3
    Speedy Az winner69's Avatar
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    Interesting stat on the S&P500

    Three months ago there were 498 stocks above 200MA and 2 below
    Yesterday there were 387 above and 115 below


    And the number of stocks reaching year highs was 25 today compared to 204 three months ago

    Sign of general weakness?

    I have no idea

  4. #4
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    Default Correction warning......

    Quote Originally Posted by winner69 View Post
    Interesting stat on the S&P500

    Three months ago there were 498 stocks above 200MA and 2 below
    Yesterday there were 387 above and 115 below


    And the number of stocks reaching year highs was 25 today compared to 204 three months ago

    Sign of general weakness?

    I have no idea
    Yep...68% of stocks on NYSE above MA200 (see NYA200R chart below) ..hasn't been this low since the weakness during April - May 2014.

    My correction indicator triggered 3 out of 4 correction warning signals during the bull hype when the S&P500 was making new record highs..strange.. huh?... Fewer and fewer stocks keeping the index rising is not a good sign (divergence)


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