Mike
10-22-2013, 08:58 PM
Today showed stalling on the NASDAQ. The Market School model and IBD go seperate paths here.
IBD zeros all distribution when there is a follow through day on any major index.
The FTD was on the S&P and not on the NASDAQ.
Today with the stalling brings the distribution count to 6. This is a heavy load and usually implies caution and less than full exposure.
IBD zeros all distribution when there is a follow through day on any major index.
The FTD was on the S&P and not on the NASDAQ.
Today with the stalling brings the distribution count to 6. This is a heavy load and usually implies caution and less than full exposure.