Saturday, September 11, 2010

Golden5: Breadth

Breadth needs to flip soon to the bearish side again or will have a bullish change of tone.

You read so much about the 90% days, so I've built a Liquidity Index around this idea (green). The resulting picture is not bullish. It seems like we are sitting on a Vulcano ready to erupt.

I also look at the historic context which clearly shows how ETFs and Robots have changed the world forever. The Market now moves much more in sync than in the past which cleary is negative in terms of stability!


No comments:

Post a Comment