Welcome to Objectively Defined Non-Ambiguous Market Timing Analysis.
Market Timing Direction: BEARISH since Oct 19 Close. See complete track record of the market timing performance.
|Market Breadth Pattern||Bearish||On Thursday, we had the largest selling since May 2012. Another bearish signal was generated. The system maintains its bearish view.
The prevailing market state is now a Sideways market.
|Primary Breadth Trend||Bearish||The primary market breadth is now in Bearish 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 favorable.
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 month leader and 1 week leader,
- LIGHT BLUE: 1 month leader,
- LIGHT GREEN: 1 week leader,
- RED: 1 month laggard and 1 week laggard,
- MAGENTA: 1 month laggard,
- ORANGE: 1 week laggard.