studying stock market trends
Bullish signals out-number bearish ones
The volatility spread study remains bullish, but the cumulative advance/decline study turned bearish today. Of 12 studies that I consulted today, 7 were bullish and 5 bearish. Most of the bearish signals are only a day or two old.
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Financial markets are predictable because segments of price action fit together in a limited number of patterns that are not random. Markets are unpredictable too because there is enough variability in the patterns to hide the trend at some stages of development. I am fascinated by the market and spend a lot of time working to identify price trends so I can exploit them for profit.