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Nice chart and analysis, please let us know when these 'leaders' turn!! thanks Boss!Al_Dente wrote:The purple-dashed-vertical line marks last October’s high, approximately.
Q: Who signaled early (via negative divergence) just prior to last October’s high ?
A: The internet (pink), semiconductors (gray), smalls (cyan), and banks (red). Historically these have usually been “leaders”.
Q: Who is signaling a turn (via negative divergence) NOW ?
A: Nobody yet.
(Chart is as of Friday’s close)
te_fern wrote:........Nice chart and analysis, please let us know when these 'leaders' turn!! thanks Boss!