There is nothing much to discuss this week. I have seen postings by

@ukarlewitz,

@PsychTrader

@RyanDetrick

and it looks like quantitatively, some are bullish and some are bearish. I don’t know if anyone noticed this warning sign: Cumulative advanced decline line (3rd panel). Price is almost backup to the top but breadth is not quite there yet. Seasonally, it has entered a bearish week and there is one short term signal active. Trading day of the month 9 in Sept is bearish but NOT betting in either direction seems to be a better idea. “If you are already rich, you don’t need to take any risk” says a very wise friend of mine.

http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators:advance_decline_indi

cumulativeAD

 

 

 

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