Extreme breadth day | stockbee

10/25/2018

Extreme breadth day


One of the rare big down days in last few years. Days above 1000 typically happen in corrections. 

5 comments:

beam2000 said...

Hello Pradeep,

The secondary indicator's (No of stocks up +50%) has gone bullish. Does this mean this is a good time to buy in 401k. Thanks

Pradeep Bonde said...

I have put 50% to work in 401k this week

ML said...

I remember you said the indicators will 'forecast' a bounce, but does it forecast a bottom? or are you just buying extreme low. thanks.

Pradeep Bonde said...

If the primary indicator reaches extreme it indicates bottom. It has not yet reached that level.

Tommy said...

Guru,....yes, I saw that and 25% Plus QTR,....shocked how fast that change,....a breath trust I suppose?