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Profit/Loss=$ 31.90B
THANKS FOR UP DATE.
ART HILL BREATH INDICATORS
ART HILL 9 INDICATORS
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,9&cmd=show&disp=e
ART HILL 3 NAS 100 INDICATORS
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,38&cmd=show&disp=e
Art Hill has breath sell on 6/11/20
He has back tested this over the last 20 years
Art Hill points out an island reversal top
Do you think the CEO will give CGC a profit in the next 12 months ?
Good luck in your charting.
"Conventional wisdom" states that the longer the time frame, Logrithmics should be used.
Did you buy in 2014 2015 or 2016 ?
Did you buy in 2014 2015 or 2016 ?
6/12/20 5 new indicators
The chart above shows the individual signals for each indicator in the breadth model. The 10-day EMA of SPX Advance-Decline Percent and SPX %Above 100-day SMA remain on bullish signals. SPX High-Low Percent never fully recovered after its late February plunge and remained on a bearish signal throughout April, May and June. SPX %Above 150-day SMA and SPX %Above 200-day SMA triggered bullish last week, but flipped back to bearish this week. Thus, three of the five indicators are on bearish signals.
6/12/20 At best, we are due for a correction after the big advance from late March to early June.
At worst, the bear market bounce is ending and the bear market is resuming.
5 Indicator Long-term Breadth Model
After some trial and error, I developed a long-term breadth model using data from Norgate and Amibroker testing software. At this time, this model only uses data from stocks in the S&P 500. In general, models are more less volatile when they exclude mid-caps and small-caps. There is nothing wrong with StockCharts’ breadth data, but I need data going back further than 2010 and signals that can be quantified. Norgate breadth indicators are based on data that is not adjusted for dividends. I suspect that StockCharts uses dividend-adjusted data for their breadth indicators.
This adjustment issue caused me to adjust the bullish and bearish thresholds. With Stockcharts, I was using 60% and 40% as bullish and bearish thresholds for S&P 500 %Above 200-day EMA (!GT200SPX) and S&P 500 %Above 200-day SMA ($SPXA200R). Dividend-adjusted data has an upward bias because the dividends are added back to prices after the fact. To account for this difference, I am using 55% and 45% for my bullish and bearish thresholds when using Norgate %Above 200-day. The list below shows the indicators with their thresholds.
10-day EMA of SPX Advance-Decline Percent: Bullish breadth thrust with move above +30% and bearish thrust with move below -30%
%Above 200-day SMA for S&P 500 Stocks: Bullish with move above 55% and bearish with move below 45%
%Above 150-day SMA for S&P 500 Stocks: Bullish with move above 65% and bearish with move below 35%
%Above 100-day SMA for S&P 500 Stocks: Bullish with move above 75% and bearish with move below 25%
S&P 500 High-Low Percent: Bullish with move above +10% and bearish with move below -10%
I will update the breadth model using StockCharts indicators, but note that I will be taking signals from the Norgate/Amibroker Breadth model from here on out. Nevertheless, the StockCharts model flipped bearish as the S&P 400 %Above 200-day EMA (!GT200MID) plunged below 40%. The S&P 600 %Above 200-day EMA (!GT200SML) never triggered bullish and S&P 500 %Above 200-day EMA (!GT200SPX) fell to 41%. These kinds of whipsaws happen when so many stocks are close to their 200-day SMAs.
6/11/20 I will update the breadth model using StockCharts indicators, but note that I will be taking signals from the Norgate/Amibroker Breadth model from here on out. Nevertheless, the StockCharts model flipped bearish as the S&P 400 %Above 200-day EMA (!GT200MID) plunged below 40%. The S&P 600 %Above 200-day EMA (!GT200SML) never triggered bullish and S&P 500 %Above 200-day EMA (!GT200SPX) fell to 41%. These kinds of whipsaws happen when so many stocks are close to their 200-day SMAs.
your welcome
TEST
chart is in log scale
As far as broad market timing, ART HILL will be watching the
1 breadth models
2 5/200 day EMA crossing
A bearish signal in the breadth model or a bearish cross in the 5/200 day EMA would tilt the balance back to the bears.
At what price do you become bearish on TQQQ ?
6/9/20
Conclusions
StochClose shows promise as a trend-following indicator on the all signals tests. It does not stand head and shoulders above the rest, but it did stand its ground and perform well, especially with the All Weather ETF List.
FULL STO 125,5,1
In general, we can expect a Win Rate around 50%,
a Gain/Loss ratio of 3 to 1
and a Profit Factor well above 2.
This is a recipe for a winning strategy, but there will still be drawdowns and periods of underperformance. Furthermore, these results do not take broad market conditions into account. Taking bullish signals in stock-related ETFs during a bear market carries above average risk. The next article will examine bull-bear regimes for stock-related ETFs.
I will mark you down as 2,000 shares of CGC AT $3
Is that good enough ?
So what do you advise ?
buy
hold
sell
CGC BEARISH since JUL 2019
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,36&cmd=show&disp=e
Will CGC ever gain back the glory days of 2015 2016 2018 ?
2019 2020 say no !
But there is always HOPE !!!!
And maybe there is a profit in the future ?
CGC BEARISH since JUL 2019
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=156115439
TEST
CGC would be delisted from the New York Stock Exchange before it went that low
Watch the 200 EMA for the trend
CGC is a high cost producer not very Amazon like
6/5/2020 5 UP 4 DOWN = BULLISH
TRADE TQQQ USING $NDXHLP and 20 EMA
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,43&cmd=show&disp=e
Some say CGC can rise without profit but the 200 EMA says no
TQQQ SQQQ TRADES
TQQQ SQQQ 10 MINUTES
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,25&cmd=show&disp=e
TQQQ SQQQ DAY TRADES
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,3&cmd=show&disp=e
TQQQ SQQQ 20 EMA
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,42&cmd=show&disp=e
ART HILL BREATH INDICATORS
ART HILL 9 INDICATORS
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,9&cmd=show&disp=e
ART HILL 3 NAS 100 INDICATORS
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,38&cmd=show&disp=e
ART HILL 3 DOW INDICATORS
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,39&cmd=show&disp=e
ART HILL 9 INDICATORS 5 YEARS
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,30
ART HILL 3 XLK XLV XLI XLF INDICATORS
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,40&cmd=show&disp=e
6/3/20 4 UP OUT OF 9 STILL BEARISH
Will CGC ever show a profit ?