Replies to post #37049 on Profunds index and sector trading (PRO)

[Namiar]

Wow I was ready to "capitulate" early this morning.

Sorry for not updating you on the readings. I am extremely busy on the day job these days and sometimes I don't do daily updates particularly if there is no need. Problem is if I do not update daily, then I need to download the historical internals info from Masterdata, which requires some massaging.

I typically trade off of the 5-day reading, however I also track 3, 10 and 20. The 10-DMA was red for 6 days straight - I have conditional formatting for readings > +30.

Nothing like that since 2004 - in fact 2007 and 2008 this redzone was not hit once.