TREND CHANGES

Bob Karrow Has Had Over 25 Followers Rank: 43 Followers: 32 Votes: 5 Years Member: 11 Last Update: 31 October 2014, 17:42 Categories: Trend Analysis
Market Breadth Analysis
Sentiment Analysis





PAGES 1 - 5
TREND INDICATORS

PAGE 6
VARIOUS INDEXES WITH ELDER IMPULSE SYSTEM - DAILY, 2 HOUR AND 30 MINUTE CHARTS (lots of trend lines in the daily charts)

PAGE 7
VARIOUS INDEXES WITH ELDER IMPULSE SYSTEM - MONTHLY AND WEEKLY CHARTS (lots of trend lines)



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My charts are designed to show the characteristics in Paul Desmond's article on market tops. His article can be found at the following link:

It's easier if you COPY and PASTE any links you see below.

http://stock-market-observations.com/2014/05/27/52714-paul-desmond-on-market-tops/


Paul Desmond also wrote an article on market bottoms, which won the Market Technicians Association Dow Award in 2001. You can find the article at:

http://www.mta.org/eweb/docs/2002DowAwardb.pdf

Desmond wrote regarding market peaks:

Usually, the first warning sign that a Bull market is losing some of its upward momentum occurs when the percentage of stocks
rising to a New 52-Week Highs begins to contract. This warning typically occurs as much as six to twelve months in advance of the
final highs in the big-cap indexes.


If interested, you can read about the Elder Impulse System at the following link

http://stock-market-observations.com/2012/01/30/elder-impulse-system-013012/


Follow my blog - Find some different ideas at the link below (papers written by Edson Gould, Terry Laundry, unique wave count theory, etc)

http://stock-market-observations.com


Thanks to everyone who has taken a few moments to look at my charts.
Bob



Less

PAGE 1 CHART 0 - - CUMULATIVE ADVANCE DECLINE #1

PAGE 1 CHART 1 - - CUMULATIVE ADVANCE DECLINE #2

PAGE 1 CHART 2 - - NYSE HIGH LOW

PAGE 1 CHART 3 - - NASDAQ HIGH LOW

PAGE 1 CHART 4 - - DOW THEORY, FTSE & STOCKS ABOVE 20 DAY MA

PAGE 1 CHART 5 - - 90% VOLUME



Download the 2002 Market Technicians Association Dow Award at the following link:

http://stock-market-observations.com/?attachment_id=10245

This document explains why 90% or greater extremes are important.

Lowry's forumula is based only on NYSE figures, NOT composite figures. StockCharts reflect composite numbers. Lowry's history for this indicator is only based on NYSE figures. Be aware of this difference because the above charts MAY fail to give a correct reading.

Oct 10, 2013 is a recent example. On these charts, volume was above 90% but advancing issues was not above 90%. Checking Dow Jones final numbers for that day reveals more than 90% on both indicators, which qualifies it as a 90% day.

These extremes don't occur often, but when they do, they will tell you something.


PAGE 1 CHART 6 - - NEW HIGHS MINUS NEW LOWS

PAGE 1 CHART 7 - - PERCENTAGE ABOVE 200 DAY MOVING AVERAGE

PAGE 1 CHART 8 - - PERCENTAGE ABOVE 50 DAY MOVING AVERAGE

PAGE 1 CHART 9 - - STOCKS ABOVE 20 DAY MOVING AVERAGE

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