14 November 2017

The stragglers are coming in...

A couple of weeks ago the NYSE short term breadth indicators were showing some clear divergences but not so for the longer term. That has now changed with the BPNYA, NYSI and cumulative NYAD all indicating that the next down-move is imminent, as can be seen in the charts below.

(Note that these charts are a couple of days old but the divergences are still valid.)













The snapshot above shows a couple of the major planetary cycles that I keep track of. 

As you can see  the 11th of November marked the last of two important bullish aspects and these cycles will now start to wane. 

There are still other positives in the future however the negative aspects at Christmas time are notable so when the  waning positives are also considered we might be in for quite a dive...

Season's Greetings!

: )



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