Subject: Nas NHNL signal
My version of the Nasdaq NHNL, which I think is fairly comparable to the GTR1 version, went bearish at market close on March 6.
In that time the Nasdaq is up 12,123.47/11,675.74 = 1.038, or 3.8%.
Can anyone recall a time when the Nasdaq has performed this well while under a bearish NHNL signal?
Any thoughts about what this might portend?
John