"House of Pinchers"

[pj McMulligan]

Roger that douginil! Keep in mind there are more than a few different ways to see pinchers besides the default PPO/ADX settings. For example, these past few weeks have been noticing exponentially more tickers that are overbought rather than oversold on the tech scans which for me, speaks that markets need a retracement. If you switch the reverse you ADX values, you can see "inverted pinchers" squeezing the tops, TRIX dropping, and RSI's declining. Here's a few to check out some bearish examples to short or put:

https://www.stockcharts.com/h-sc/ui?s=AES&p=D&yr=0&mn=3&dy=0&id=p84119356163

https://www.stockcharts.com/h-sc/ui?s=ANF&p=D&yr=0&mn=3&dy=0&id=p84119356163

https://www.stockcharts.com/h-sc/ui?s=CTRE&p=D&yr=0&mn=3&dy=0&id=p84119356163

https://www.stockcharts.com/h-sc/ui?s=ETR&p=D&yr=0&mn=3&dy=0&id=p84119356163

https://www.stockcharts.com/h-sc/ui?s=GUT&p=D&yr=0&mn=3&dy=0&id=p84119356163

https://www.stockcharts.com/h-sc/ui?s=IFRX&p=D&yr=0&mn=3&dy=0&id=p84119356163

https://www.stockcharts.com/h-sc/ui?s=MO&p=D&yr=0&mn=3&dy=0&id=p84119356163

https://www.stockcharts.com/h-sc/ui?s=NEE&p=D&yr=0&mn=3&dy=0&id=p84119356163

https://www.stockcharts.com/h-sc/ui?s=RUBI&p=D&yr=0&mn=3&dy=0&id=p84119356163

https://www.stockcharts.com/h-sc/ui?s=SHOP&p=D&yr=0&mn=3&dy=0&id=p84119356163

Another inverted pincher that started diverging at the beginning of the month as well as a speculation play betting that China deal will fall through is CHAU. Check it out if you wanna gamble on Chinese uncertainty~ GL&HF! :)
https://www.stockcharts.com/h-sc/ui?s=CHAU&p=D&yr=0&mn=3&dy=0&id=p84119356163