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    Volatility Report 10/8/2020

    October 8, 2020

October 8, 2020

Volatility Report 10/8/2020

Twittersphere Market Forecasters Continue with Unbalanced Point of View

The continued siting of 80% up volume days since the 9/23/20 low does not show up on the S&P averages, not the indicator or the system. As they say “garbage in garbage out.”

There is more, the unbalanced pronouncement that the S&P Advance /Decline summation index made a new high, is misleading to the public when seen in a vacuum as being bullish. The problem is the S&P average did not make a new high. If it does not, as is the rule of failure has it, they are dealt with harshly. So, a reversal without the new high will lead to a high rate of change decline.
 

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