perhaps you are technicaly right with what you are showing but as hindsight shows now that it is 4/25/10, the market dropped rather violently very soon after your presentation and bottomed out close to mid february. it is not that technical analysis is not helpful. on the contrary it is quite so but it still could use hedging of some kind to compliment it.. don't you think so?
He never discusses those, and quite frankly I don't blame him. There are a lot of indicators telling you a lot of things, but that doesnt mean you have to discuss them. You don't need any MACD or VIX to see that the market is extended and that the market is quiet. 3 points does not do justice to the work Brian is doing here ...
perhaps you are technicaly right with what you are showing but as hindsight shows now that it is 4/25/10, the market dropped rather violently very soon after your presentation and bottomed out close to mid february. it is not that technical analysis is not helpful. on the contrary it is quite so but it still could use hedging of some kind to compliment it.. don't you think so?
goerizal 1 year ago
this market is nuts. BDK is above the 200 week moving average along with others. above the 4 year price average in this economy. zainy.
maximumvalues 2 years ago
Excellent analysis. I can always count on you to be objective. Thanks!
1120ok 2 years ago 2
NICE' but
you didnt spoke about the macd and VIX
3 POINTS
zozo71zozo71 2 years ago
He never discusses those, and quite frankly I don't blame him. There are a lot of indicators telling you a lot of things, but that doesnt mean you have to discuss them. You don't need any MACD or VIX to see that the market is extended and that the market is quiet. 3 points does not do justice to the work Brian is doing here ...
5 POINTS
zebra3567 2 years ago
zebra3567 , ok, thats what you think.
i still think its very very important VIX+MACD.
have a good day!
zozo71zozo71 2 years ago
Always excellent videos Brian!
xFIRSTMERITx 2 years ago