Saturday, October 16, 2010

Golden5: Breadth hints at a Top or a topping Sequence

(Our Breadth Indicators are applied to a must hold large Cap. Institutional Portfolio.)

The main NewHighs20 and the Demand Pressure1 are showing neg. Div's that need to resolve or negated.
Demand Pressure2 (much more extreme measure them DP1) looks the same.
Liquidity is improving slowly bur still at high risk levels. Our Leading Indicator which shows a reasonable track record (as shown on the chart) wants the market to go down.

Will he be right?

Now or in a couple of weeks ?


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