Welcome to Objectively Defined Non-Ambiguous Market Timing Analysis.
Market Timing Direction: LONG since Jan 18 Close. See complete track record of the market timing performance.
|Market Breadth Pattern||Bullish||Thursday was a relatively mild negative day with distribution more than accumulation. After so many consecutive positive days, a negative day is to be expected. As of now, no real selling has been observed yet.
This system is at heart a trend following and exhaustion reversal system. Unless significant weaknesses is observed, we will maintain our Long exposure.
The market is still in a Weak market state. If the pace of accumulation continue, we might have a strong market in the next few days. If this happen, breakout swing-trading strategy will likely to do well.
|Primary Breadth Trend||Bullish||The primary market breadth has now turned into bullish territory.|
|Monetary Conditions||Bullish||Monetary base started to decline. However, short-term interest is still much lower than longer term interest rate. Thus, Interest Rate Pump factor continues to rise. Monetary policy is still extra easy.|
Note: Any change from previous day summary is highlighted in blue.
Primary Market Breadth
Please refer to the following page: http://stockcharts.com/h-sc/ui?s=$NAHL&p=D&b=4&g=0&id=p22957433685
Note: The following charts are updated once every month. The chart was last updated on Nov 30, 2011.
- BLUE: 1 year leader and 1 month leader,
- LIGHT BLUE: 1 year leader,
- LIGHT GREEN: 1 month leader,
- RED: 1 year laggard and 1 month laggard,
- MAGENTA: 1 year laggard,
- ORANGE: 1 month laggard.