Saturday, October 10, 2026

NYSE and INDU

 10/10/2026


 

It is amazing just how much these two charts look alike, the reason is the lack of tech stocks holdoingup the NDX and SPX which have hardly budged, new highs even. The NYSE is an unweighted index. 

Blue dots are a Wells Wilder Parabolic Stop and Reverse plot, a continuous always in the market  

Here the   blue dots are giving a buysignal, a reverese of the previous decline hence the name, stop andreverse. 

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