Stocks Selling Off to Weekly Extremes; 1 – 2 Month Lows Should Follow.
12/17/22 Weekly Re-Lay – “Stock Indexes sold off sharply in fulfillment of the Nasdaq’s Dec 9 weekly trend sell signal (re-entering weekly downtrend after repeatedly failing to turn that trend up) and the daily 21 MAC (negative) signals in other indexes on Dec 13/14. That completed the topping phase after the DJIA fulfilled ~2-month projections for a strong rally to ~34,400 (4th quarter gain of […]
Read more