Welcome to Objectively Defined Non-Ambiguous Market Timing Analysis.
Market Timing Direction: BULLISH since Nov 19 Close. See complete track record of the market timing performance.
Analysis | Direction | Timely Note |
Market Breadth Pattern | Bullish | On Tuesday, market breadth was slightly positive. The system maintains its Long exposure.
The prevailing market state is a Strong market. In the short term, the market is neither overbought nor oversold. As a guide, during bullish period, increase Long exposure during short term Oversold condition, reduce Long exposure during short-term Overbought condition, and maintain normal exposure otherwise. |
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 | 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
Monetary Conditions
Note: The following charts are updated once every month. The chart was last updated on Aug 8, 2012.
Industry Rotation
Color legend:
- 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.
Discussion
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