I am at odds to understand why Armstrong's S&P and Dow arrays are at odds with each other, they are opposites. I know that the Dow is composed of the rebuild and finance USA stocks and the S&P have more non-USA companies, still i am lost. I know the arrays are accurate, so do we have a Dow component slide in the morning and a S&P slide in the afternoon?
Today, the 14th, Armstrong's S&P and Dow arrays would suggest a local high and local low respectively. From the 11th through to the 17th (by memory) they are opposites of each other. I do not understand how this can be.
I am at odds to understand why Armstrong's S&P and Dow arrays are at odds with each other, they are opposites. I know that the Dow is composed of the rebuild and finance USA stocks and the S&P have more non-USA companies, still i am lost. I know the arrays are accurate, so do we have a Dow component slide in the morning and a S&P slide in the afternoon?
ReplyDeleteHaving different colored bars doesn't necessarily mean they are at odds.
DeleteThey were at odds last week and that actually came true.
I think if they are at odds, then it's because it's at a turning point and one turned just a day later.
With a panic cycle in the Dow today, it's really hard to read. I haven't mastered panic cycles yet.
Today, the 14th, Armstrong's S&P and Dow arrays would suggest a local high and local low respectively. From the 11th through to the 17th (by memory) they are opposites of each other. I do not understand how this can be.
DeleteThe height of the bars does NOT mean price. Re-read the link.
DeleteJoe, many thanks for the link, now it is clear
ReplyDelete