I expected that weakness to occur. Here is a screenshot of my custom indicator showing it’s value from Jan. 13, it pointed to a drop which then actually occurred the next day (yesterday). I also wrote that yesterday could be the low and so far we are currently in the green today, potentially confirming that low.
Thanks. It's like when my non-investor wife says: "How can the market keep going up with all the crazy shit going on in the world?" I'll know it's time to take cover when credit markets decide to roll over.
I expected that weakness to occur. Here is a screenshot of my custom indicator showing it’s value from Jan. 13, it pointed to a drop which then actually occurred the next day (yesterday). I also wrote that yesterday could be the low and so far we are currently in the green today, potentially confirming that low.
https://substack.com/@stockanalysispro/note/c-199733647
Did you build that indicator in StockCharts? Looks like their color scheme.
Yes and here is a screenshot of how the indicator closed yesterday EOD.
As one can see it strongly mean reverted in the lower range:
https://substack.com/profile/369074133-stefan-schmidt/note/c-200204383
Curious as a StockCharts user who made one attempt at using custom data. Do you need to update manually or is there an API you can use?
I’m updating my indicator manually.
My research right now says that they sadly don’t offer an API.
That was my experience but I'm not the most tech savvy.
I do have some amount of international exposure in my "don't touch this ever no matter what" portfolio. It's been good to me.
Most people have missed the outperformance of international equities over the last year. US investors still suffering home country bias.
Thanks. It's like when my non-investor wife says: "How can the market keep going up with all the crazy shit going on in the world?" I'll know it's time to take cover when credit markets decide to roll over.