1/15/2020 Watch Active

The chart shows approximately where we might anticipate a top signal detection to occur more frequently (noted as 'watch' on chart). The upper plot is the weekly S&P and the lower is the macd for the advance-decline issues on the NYSE. A top signal detection can occur at any time (note one in April 2019) but often the larger top signals occur more frequently when the macd signal (blue) is at lower values. If the advance-decline macd moves higher from here then the watch will most likely have less relevance until some later date.

Our bots will flag a "V" when they see a top.

Our favorite go to site- McVerry Report
This information is for entertainment purposes only. Financial loss can occur from investing.