Replies to post #105671 on ajtj99's Market Pulse

[ajtj99]

Yup, that guy's a grizzly idiot, and much of what I see tonight is positive over the next day or two, and not too bad further out.

CSCO - daily hammer candle.

Dow, monthly candle it's printing almost always leads to a test of the highs the next month, but also a lower low.

NAMO and NYMO - reversing off extreme oversold readings. Really extreme. The ramifications of which I posted a few days ago.

90% Down Days - Study by Paul Shread suggest no big downdraft coming

Brad turn and cycle lows - These are clustering here

Put/Call - At extreme levels the past several days

Nikkei - massive daily hammer candle off the lows.

SSEC - Shanghai - Still has 800 points or more to climb.
It is currently at close to 4440, or death 3-times over.

Banks top early. So do brokers. They're the canaries.

COT - Big SPX Contract - Large specs still clown short. That's not a topping indicator