Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Who’s Lying?

Wednesday, March 8, 2017 14:25
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Something is not right here…

As Sven Henrich ( @NorthmanTrader ) points out, the McClellan Oscillator (which measures advance-decline/breadth) is making lower highs and plunging as the stock market soars on the heels of record retail inflows.

Furthermore, Henrich notes that the McClellan Oscillator’s plunge implies a VIX around 16-21… it’s at 11.45! This has never happened before.

The McClellan Oscillator offers many types of structures for interpretation, but there are two main ones. First, when the Oscillator is positive, it generally portrays money coming into the market; conversely, when it is negative, it reflects money leaving the market. Second, when the Oscillator reaches extreme readings, it can reflect an overbought or oversold condition.

So who’s lying?

Henrich explains some of the key technical disconnects in the markets currently…



Source: http://silveristhenew.com/2017/03/08/whos-lying/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.