Thanks Rav, Yes the market looks much more promising today....

  1. 19,112 Posts.
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    Thanks Rav,

    Yes the market looks much more promising today.
    Perhaps that reversal list can be used as some sort of indicator for the overall market, when it is in the process of pulling back.

    I quite like the potential reversal of AJM & the Financials Index XJJ
    I also thought JBH  showed some merit today, and DEG showed some promise as well.
    That's four possible reversals !!   woo hoo !!

    There were also a few who stood up to some extent today, even though the market was down again.
    TTT, DTZ, A3D, NLI & NVT

    and of those TTT looked the most promising and is tonights only selection.
    A3D & NLI also didn't look too bad either, however the consolidation was possibly a bit too deep for the new selection criteria - (I am trying to stick to a maximum consolidation pull back of 50%, as that should indicate underlying strength).
    Rav 151117.png
    Wacky Races - rufus roughcut.png
    Last edited by Jako8557: 15/11/17
 
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