Getting closer to a top

TVC:IXIC   纳斯达克综合指数
31 0
The signs are there we are getting closer to some kind of top. Most sentiment indicators are diverging and even on strong days like yesterday, the Advance Decline ratio was barely above 2 for the Tecks and even below 2 for the rest. The bulls are getting exhausted. Last week drop that took everybody by surprise was the first sign the ice is getting thinner.

Markets are patterned and using the Wave Principle one can say that the advance does not look over. But then do we need two iterations of a fourth and fifth before a top is here as shown on this chart or maybe only one will do the trick? I don't know. Again markets are patterned but labeling can be subjective and you have to be aware of that fact and behave accordingly.

Cycles and analogies seem to indicate a turning point around mid-July. Weakness toward that time frame will suggest another buying surge until September. On the other hand, crawling higher to mid-July might indicate we will be rolling over at that time.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出