Replies to post #45552 on Market Direction and Stock Trends

[BooDog]

Timing is everything. Feds don't meet till the 20/21st.

Along with the stochastics oscillator indicator I also saw you posted the McClellan Oscillator. Both are useful but can easily be misinterpreted. I'm certainly no expert but reading and learning and watching as the data presents itself can help. I think the whipsaw in the market will be shaking a lot of minds even more in the coming days/weeks. Many of the charts I've looked at are barely even into the oversold area.

Just a glance at my crystal ball shows a gap could get filled on the DJIA. 28500. That's November 2020 support. Will it happen?? Are stocks that overvalued?
Might need to borrow someone's crazy 8 ball to see that answer. Anyway, just rambling here. Thanks for posting!!


https://www.mcoscillator.com/learning_center/kb/mcclellan_oscillator/Calculating_the_McClellan_Oscillator/

https://www.mcoscillator.com/market_breadth_data/

http://sentimentrader.com/blog/the-first-sign-of-an-oversold-condition


https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm