Vol surge, widest red bar so should be a rebound around here first then we'll see.
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I got this from FLOWERGIRL. She used to post on this board.
It's the 13wk new high/low ratio called T2121 available on TC2000.
Per FLOWERGIRL's email, "it predicts a bottom with 80% accuracy (since 1987)."
It needs to rise above 44 to give the signal.
Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
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Down straight from open to close has been rare so the rebound here is normal. Expect a Patriotic Rally tomorrow so maybe bears dare not to hold overnight, so rebound till close?
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