iCharts Discussions

apka · Black Belt Joined: 13 Dec 2011 Posts: 6137

See attached multiyear bonds and mrkt comparison of US... Bear market is coming.. may take few weeks/months.. matter of time as per chart..

Chart courtesy of someone else not by me

Can it br possible to somehow make a graph of our bonds and markets of multiyear for comparison?

manojkr78 · Green Belt Joined: 07 Mar 2011 Posts: 1014

ST,

Could you please update the chart. Hope the medium term curve started raising from bottom.

SwingTrader · Posted: Fri Oct 12, 2018 6:48 pm Post subject:

NSE Breadth Oscillator as on 12th OCT 2018

Short term oscillator has shot up as expected due to the strong move today. But medium term oscillator has not yet started to move up (see the second image with details). So atleast as of now this is a short term pullback against the main down move.

SwingTrader · Posted: Wed Oct 17, 2018 2:21 pm Post subject:

I will post breadth oscillator chart tomorrow (friday) evening. Unable to do it as I am at a remote resort with a very bad mobile connection (net connection is unusable).

SwingTrader · Posted: Fri Oct 19, 2018 7:14 pm Post subject:

NSE Breadth Oscillator as on 19th OCT 2018

The recent pullback still looks like it was a pullback against the main downtrend and not the start of any significant uptrend. Until the intermediate breadth improves, a broad upmove looks unlikely.

SwingTrader · Posted: Mon Oct 22, 2018 9:54 pm Post subject:

NSE Breadth Oscillator as on 22nd OCT 2018

Breadth remains bad. No improvement seen. Wait and watch mode continues....

SwingTrader · Posted: Tue Oct 23, 2018 7:25 pm Post subject:

NSE Breadth Oscillator as on 23rd OCT 2018

Short-term breadth which was holding up now starts to deteriorate. Medium and long term already at the bottom. Volume pattern on the recent pullback also was not positive. Will have to see where this decline stops and re-access at that point, maybe one more point where all three oscillators meet at the bottom.

manojkr78 · Green Belt Joined: 07 Mar 2011 Posts: 1014

thanks ST......

SwingTrader · Posted: Thu Oct 25, 2018 7:05 pm Post subject:

NSE Breadth Oscillator as on 25th OCT 2018

Short-term breadth continues to deteriorate, now below zero.

manojkr78 · Green Belt Joined: 07 Mar 2011 Posts: 1014

ST,

Short term indicator any close to bottom today??

SwingTrader · Posted: Fri Oct 26, 2018 9:43 pm Post subject:

NSE Breadth Oscillator as on 26th OCT 2018

Another one or two days of down or sideways move could get short term oscillator to the bottom. Would that result in a bounce? Maybe / maybe not, market looks weak. It would have to stabilise and digest the down move and then maybe it could move up. Lot of damage is happening and usually such damage requires extended consolidation time before we can get a decent upmove.

SwingTrader · Posted: Mon Oct 29, 2018 7:17 pm Post subject:

NSE Breadth Oscillator as on 29th OCT 2018

A decent bounce today with many stocks posting strong moves. But this is mostly going to be a pullback in downtrend until we see evidence contrary to it. The next few days will make it more clear. Pullbacks in downtrends can be very strong and can fool many, stay cautious.

SwingTrader · Posted: Tue Oct 30, 2018 10:22 pm Post subject:

NSE Breadth Oscillator as on 30th OCT 2018

Short-term breadth improves a it more but intermediate term breadth still not improving. So nothing much to get excited about.

SwingTrader · Posted: Wed Oct 31, 2018 6:58 pm Post subject:

NSE Breadth Oscillator as on 31st OCT 2018

Still very much a bear market rally. Only short-term breadth is improving. Medium term breadth has not yet turned up. Only short-term trades are probably okay. If medium term breadth starts to improve then intermediate term trades could be looked into. For now and actually at anytime, just follow the price. It makes things simpler.

SwingTrader · Posted: Thu Nov 01, 2018 7:19 pm Post subject:

NSE Market Breadth Oscillator as on 1st Nov 2018

A day or two more as short-term breadth tops, it will be interesting to see what will happen after that. This is a bear market rally at the moment. Nothing much has changed for intermediate term breadth. Lot more of the damage that has happened has to get repaired before things can improve.