Mike Scott's forum. Readable by all registered users. To actively participate, you may request post access through your User Control Panel (UserCP).
Friday’s action looked a little like stalling but didn’t quite meet the volume criterion.; we did meet stalling criteria on the NYSE Composite...
Hi Mike, The last week has given me some experience in trying to apply the 3 stalling rules your provided recently, S11 Downside Reversal Days,...
I have been a little distracted with an ailing father lately. Yesterday was a FTD on all major indices. I have attached the Market School Chart. In...
The market was modestly higher most of the day and finished near the highs for the third day in a row. Volume was lower and very light on the day,...
The Market School Model chart is shown below. It shows a full count of +5 (100% invested). We had a B8 buy signal yesterday (close above the last...
The market had a mixed day on Friday.The Dow was strong, mostly due to IBM while the other major averages were mostly lower during the day. A late...
We had a distribution day on the NASDAQ today bringing the count to 4 in the last 25 days. One more distribution day and we start racking up...
Today is day 4 possible rally count off of the lows of 5/8/12. That day was a down day but finished high in the range so constitutes a "pink" rally...
The market melted up and the Market Exposure Model gave us another buy signal B6 today. This is the signal caused by intraday lows above a rising...
Market volume has been light. I suspect that this is why we are seeing a choppy market. Algorithms and larger players can push stocks aroun in an...
Hi Mike, Close above a marked high. B8? I see a potential marked high on Jul 5, 2012 - 2987.94. A close above that takes MEM to +5 (100%)...
Hi Mike, I understand that $COMPQ is the key index, but I am keeping the MEM counts on $COMPQ, $NYA, and SP500. SP500's RD was Jun 5 and FTD on...
Hi Mike, I just wanted to confirm that only a single B8 count can be included during a rally period. E.g. I counted a B8 signal on $COMPQ Aug...
Hello Mike, Do you think this can qualify as a cup with handle? Thanks very much. Adriano
Today is shaping up as a distribution day, looking to bring us up to a full count of 6 distribution days and an S4 sell signal. Buy switch looks to...
Today is day 4 in a possible market advance. We look for follow-through days on day 4 or later. We ignore days 1-3 because short covering masks true...
The market opened a bit lower today and after some early weakness rallied into the close to finish at the highs of the day on all the major averages....
Pascal mentioned endless money printing in his comments. It is difficult to see how the end phase of the current situation (secular bear market) will...
Yesterday IBD placed the rally under pressure which certainly is in line with what I am seeing. Jerry's leaders index has been pointing at a...
I haven't updated my watch lists recently and provide an update here. I drove to San Francisco last week and attended Market School and Chart School...
Use this control to limit the display of threads to those newer than the specified time frame.
Allows you to choose the data by which the thread list will be sorted.
Order threads in...
Note: when sorting by date, 'descending order' will show the newest results first.
Forum Rules
