28/12/22. Finspiration Wednesday Evening Report.
XJO fell heavily -0.94% after being down >1.2% earlier in the day.
ROC14 went below zero on 12 Dec. That was a sell signal. That was confirmed by the MACD Histogram being below zero.
XHJ (Health) was the only sector up today, +0.21%. Worst was XEJ (Energy) down a whopping -3.98%.
That was a big down day today which brings the index down to support of the Kumo Cloud. That might produce an up-day tomorrow.
Bonds are doing better relatively to Stocks:
This chart provides reasonable buy/sell signals. Buy stocks when the 10-day RS of stocks/bonds rises above zero. Sell stocks when 10-Day RS of stocks/bonds falls below zero.
NH-NL Cumulative continues to lie below its 10-Day MA. That's bearish.
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