Market

The market has been so strong ever since the last bottom that the sell signals have barely done anything. Finally we got a small correction – actually it was it was more of a “flat spot” – and now it (the Nasdaq) appears to be breaking out again to the upside.

Here’s the chart; the buy signals are shown in blue, catching the exact lows as is their characteristic behavior, and the sell signals are shown in red. They used to work perfectly, but not lately! (Note: the purple signals are strictly experimental – possibly indicating a compression point – they are not the sell signals of which I speak.)