ES 10-06-22
Two more studies which bode well for the rest of the year... after OCT!
On consecutive sessions, buyers overwhelmed sellers in NYSE-listed securities. More than five times as many securities advanced as declined, and more than ten times as much volume flowed into those securities. Similar thrusts always preceded a positive one-year return in stocks.
Click image for original size
Click image for original size
And courtesy of Sentimentrader " Double thrusts have never failedOn consecutive sessions, buyers overwhelmed sellers in NYSE-listed securities. More than five times as many securities advanced as declined, and more than ten times as much volume flowed into those securities. Similar thrusts always preceded a positive one-year return in stocks.
Click image for original size
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