This is part of a new Study we have been conducting. What is important on this chart are the peak levels of Positive stocks reached on October 27th, and the peak level of Negative stocks reached on November 23rd.
Look these two dates up on your index charts and see the relevance.
BOTH were peak movement days and marked a turnaround point in the market either at the very same time or within just a few hours of the next day. The peak levels are over 180, and as these levels approach, they occur quickly and with spiking action. Yesterday, this proprietary indicator went up to 147, so one should be on alert for the possibility of reaching turnaround spike levels soon. (Full details about the report and data are found on our Standard site today.)
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