@paddington bear, yes, one swallow does not make a summer...

  1. poyndexter
    37,408 Posts.
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    25/06/24
    08:46
    Post #: 74471532
    @paddington bear, yes, one swallow does not make a summer lol.

    Normally 2 to 3 closes to confirm a break out is wise.

    However, I feel a long overdue rotation is underway … the DOW, DOW Transports and even Russell 2000 were up strongly last night, with Nas and SP500 heading down for a much needed change. Also, the advance/decline ratio on the DOW was a respectable 0.73.

    Cheers
    Dex

    PS, excellent charting for you to spot that DF btw … thanks

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