Ratio ma crossings… Note in the past; ma crossings of INDU:COMPQ “top chart” have signaled months in advance, ma crossings for the QQQ “bottom chart” So for now, ignore the ind’s and soak up the ma crossing. Cross-reference the 2 charts.
In this chart set and trading stage; Flat, long drawn out trading stages for the top chart signals consolidation and/or change of direction. For those of us that are Bull extremist; You can see how important it is not to make a new high for the INDU:COMPQ “Top chart” Remember interpreting ind’s in the top chart is like cutting your own hair in the mirror or backing up with a trailer. It's difficult at 1st but 2nd nature with practice.