Welcome to Objectively Defined Non-Ambiguous Market Timing Analysis.
Market Timing Direction: BULLISH since Aug 10 Close. See complete track record of the market timing performance.
|Market Breadth Pattern||Bullish||On Friday, market breadth was strongly positive again. Yet another buy signal was generated. We thus maintain the Long exposure.
The market is now in a Strong market state.
|Primary Breadth Trend||Bullish||The primary market breadth is now in Bullish territory.|
|Monetary Conditions||Bullish||Monetary base is currently stable at elevated level. The Interest Rate Pump factor has also stabilized at elevated level. The monetary policy is thus still extra easy. We thus maintain long term bullish outlook.|
|Range Expansion||Not Favorable||Range expansion to the Long side is currently not favorable. However, it is improving fast.|
Note: Any change from previous day summary is highlighted in blue.
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 Aug 8, 2012.
- 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.