Long time member (perhaps the first?) George, just sent in this interesting chart, I love breadth charts as they are hard numbers, there's no indicator interpretation, no bias in how a trend line is drawn, just numbers/facts.
I don't have an intraday way to show you this without spending a lot of time writing code, but it is definitely worth seeing considering...
Thanks George.
NYSE New High/New Low's, as George mentioned, "big rally but no spike up in the ratio?"
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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