Post #3465 by platykurtic on the Mechanical Investing board

Investment Strategies / Mechanical Investing ❤

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Interestingly - after signaling a "MinorBot" on Tuesday 8th April, Wednesday 9th April was still a "MajorBot" as prior to the market gyrations upward the day had set a lot of New Lows (752) & very few (8) New Highs resulting in a [%New Highs]-[%New Lows]=-26.16% (although the -16.66%/-33.33% variant would have only signaled another "MinorBot"). And the New Lows were well in excess of the Declines - which does happen sometimes but is not unheard-of.

Be careful out there!

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