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Post# of 32154
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Re: Duma post# 28039

Saturday, 05/27/2023 8:49:50 AM

Saturday, May 27, 2023 8:49:50 AM

Post# of 32154
I believe the NASDAQ is rising solely due to AI hype. The NASDAQ Breadth indicator shows at best indecision, not a clear direction.

https://stockcharts.com/h-sc/ui?s=%21ITBMRANAS&p=D&yr=1&mn=1&dy=1&id=p12632900416&a=1330618129



The Small Caps Breadth indicator shows similar indecision. Hard to swing trade successfully with indecision in these indicators.

https://stockcharts.com/h-sc/ui?s=%21ITBMRASML&p=D&yr=1&mn=1&dy=1&id=p12632900416&a=1330618129



The trend indicators for the broader S&P continue to point downward though.


https://stockcharts.com/h-sc/ui?s=%21ITBMRASPX&p=D&yr=1&mn=1&dy=1&id=p12632900416&a=1330618129




The head and shoulders pattern on this one is clear too.

https://stockcharts.com/h-sc/ui?s=%24NYSI&p=D&yr=1&mn=1&dy=1&id=p03308566192&a=1330618129




https://stockcharts.com/h-sc/ui?s=%24BPSPX&p=D&yr=0&mn=4&dy=1&id=p90415635758&a=1330618129




My crystal ball indicates the big picture is still intact. No indecision present. GLTY












https://finance.yahoo.com/news/heres-exactly-investors-buy-stocks-033914143.html




https://stockcharts.com/h-sc/ui?s=%24UST10Y-%24UST2Y&p=D&yr=50&mn=6&dy=0&id=p29650543429&listNum=1&a=1090585433

https://stockcharts.com/h-sc/ui?s=%24UST10Y-%24UST3M&p=D&yr=50&mn=6&dy=0&id=p54359224031




https://fred.stlouisfed.org/graph/fredgraph.png?g=13krD

https://fred.stlouisfed.org/graph/fredgraph.png?g=13dNY




https://www.allianz-trade.com/en_US/insights/fed-hikes.html




https://stockcharts.com/h-sc/ui?s=%24SPX&p=M&yr=28&mn=1&dy=1&id=p93593618721


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