Market Internals, Part 2

[Linus]

Hello!

Here we take a look at one more market internal - number of stocks which are up / down by 25 % in the last 65 days.

As you will notice, the number of stocks which are up by 25 % has increased, pointing to a reversal sooner or later.

s s

 

[pawasthi.investor]

good analysis...

 

[uasish]

Another Canonical Analysis from Sunil to help us.

 

[Sats]

Very nice analysis... Thanks sunil...

Sats

 

[Saint]

Hello!

Here we take a look at one more market internal - number of stocks which are up / down by 25 % in the last 65 days.

As you will notice, the number of stocks which are up by 25 % has increased, pointing to a reversal sooner or later.

s s

Good to have Market Internals back in action,Sunil!

Saint

 

[adilsaleem]

Hi Sunil .... Very happy to see you back in action .... Sunil may i ask how do you choose 65 days and 25% ... any theory behind this?

 

[Linus]

Hi Sunil .... Very happy to see you back in action .... Sunil may i ask how do you choose 65 days and 25% ... any theory behind this?

Thanks, and frankly I just don't know! and anyway it does not matter. I guess it is a kind of a parameter to show intermediate term health of the market. Also, 65 days directly relates to 13 weeks - a Fib number - but that's about it ! This is one of the methods used by Pradeep Bonde.

But anyway, no harm in using this I guess, as long as it directly points to the health of the markets, and we can always use the other internals for confirmation.

ss

 

[kkseal]

Sunil & Mkt Internals back in action. Great!!

Regards,
Kalyan.

 

[swagat86]

Hi Sunil bhai,

Gud to c u back in action.

Looks Gud.