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Investment Strategies / Mechanical Investing
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Author: FlyingCircus   😊 😞
Number: of 3959 
Subject: Re: Market Conditions at the turn of the year
Date: 03/01/2023 10:50 PM
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Rounding out the short term ones I pay attention to:
PAA Count - this is a derivation of a foundational indicator developed by Zeelotes. In summary, it tracks declining breadth when at market highs across a few moving averages. The higher the count, the bigger the risk. This fired frequently as the cap-weighted indexes dominated by the megacap techs hit new highs, but more stocks were being sold off in rotation. Can't give out a formulation - it's sold by Zeelotes.

Recent Simple Top - Zeelotes, November 06. it's a rolling count indicator over the last 25 days. The Rules: (http://www.datahelper.com/mi/search.phtml?nofool=y...)

1. In the last 25 market days at least 17 must have been up days
2. Today's market must have been an up day.
3. The number of up days exceeding a 1% increase cannot exceed four. Since during a strong bull market this number will be much higher. The median on the Dow from 1896 is three.


Primary-Tech Divergence: Basically, when the Naz starts throwing bearish signs (PAMAs, MACDs, etc.) while the S&P is not, or is hitting new highs.

If interested in more, take a look through the Timing Methods FAQ archive - http://mechinvesting.wikidot.com/timing-methods
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