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Comments on: Saturday Review’s recording (for 6/11/16) …
https://rd.johnlander.me/saturday-reviews-recording-61116/
Futures Market Timing | chaRTroom | Technical Analysis | InstructionMon, 13 Jun 2016 12:35:57 +0000
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By: Steve Marriott
https://rd.johnlander.me/saturday-reviews-recording-61116/#comment-1519
Mon, 13 Jun 2016 12:35:57 +0000http://www.roddavid.com/?p=22216#comment-1519Near the 30 minute mark of the recording, there was an intermarket comparison underway and after noting that the Dow is currently outperforming relative to the S&Ps, and the NDX is underperforming relative to the S&Ps, there was a comment that a realignment of the three markets would a harbinger of impending decline. “The clincher” was to see the three markets making one last attempt higher in unison. Question: Why is it that a unified attempt higher in the current market environment would ‘clinch’ the top? There’s a nuance that I’m not quite getting that suggests that a unified attempt higher in the current market environment would essentially confirm an impending decline of significance.
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