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Marty Chenard

Marty Chenard

Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he…

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Could This Turn Into an Important Alert?

Today's posted chart is a "private chart" only for our paid subscribers. In fairness, I cannot give you all the details because it simply would not be fair.

But, I am concerned enough for our free members that I at least wanted to point out the alert and what it could be suggesting. Please read on ...

This is part of a new Study we have been conducting. What is important on this chart are the peak levels of Positive stocks reached on October 27th, and the peak level of Negative stocks reached on November 23rd.

Look these two dates up on your index charts and see the relevance.

BOTH were peak movement days and marked a turnaround point in the market either at the very same time or within just a few hours of the next day. The peak levels are over 180, and as these levels approach, they occur quickly and with spiking action. Yesterday, this proprietary indicator went up to 147, so one should be on alert for the possibility of reaching turnaround spike levels soon. (Full details about the report and data are found on our Standard site today.)

Market Turning Points

 

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