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Wyckoff method & VSA analysis:
SOW = Sign of Weakness
Instead of monitoring 505 individual charts, I just had an idea to quantify all charts in $SPX, measuring the breadth of $SPX movement by comp stock momentum scoring
hint:
1 below chart showing Agilent's momentum score
SOW = Sign of Weakness
Instead of monitoring 505 individual charts, I just had an idea to quantify all charts in $SPX, measuring the breadth of $SPX movement by comp stock momentum scoring
hint:
1 below chart showing Agilent's momentum score
2 if $SPX continues its melting-up due to a few "stonks", majority of the stonks would be showing SOW VSA pattern; topping formation & tuykey 1001
3 using the % of 505 stonks, showing the SOW pattern as a breadth indicator
4 the high SOW breadth is a great #markettop ind🦃🦃
3 using the % of 505 stonks, showing the SOW pattern as a breadth indicator
4 the high SOW breadth is a great #markettop ind🦃🦃
5 I tend to call this SOW indicator as Turkey 1001 day indicator? 🦃🦃
6 Any fancy name for this?
7 "Turkey" breadth indicator would be good. 🦃🦃
6 Any fancy name for this?
7 "Turkey" breadth indicator would be good. 🦃🦃
