Today's posted chart is a "private chart" only for our paid subscribers. In
fairness, I cannot give you all the details because it simply would not be
fair.
But, I am concerned enough for our free members that I at least wanted to
point out the alert and what it could be suggesting. Please read on ...
This is part of a new Study we have been conducting. What is important on
this chart are the peak levels of Positive stocks reached on October 27th,
and the peak level of Negative stocks reached on November 23rd.
Look these two dates up on your index charts and see the relevance.
BOTH were peak movement days and marked a turnaround point in the market
either at the very same time or within just a few hours of the next day. The
peak levels are over 180, and as these levels approach, they occur quickly
and with spiking action. Yesterday, this proprietary indicator went up to
147, so one should be on alert for the possibility of reaching
turnaround spike levels soon. (Full details about the report and data are
found on our Standard site today.)
Marty Chenard is an Advanced Stock Market Technical Analyst that has developed
his own proprietary analytical tools and stock market models. As a result,
he was out of the market two weeks before the 1987 Crash in the most recent
Bear Market he faxed his Members in March 2000 telling them all to SELL. He
is an advanced technical analyst and not an investment advisor, nor a securities
broker.
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