✅ UPDATE 5: Whaley Breadth SignPost
This is update 5 for the Signpost after the Whaley Breadth idea post in Feb'23
If you remember The Whaley Breadth Trust is a powerful signal that has a great success rate. It was invented by Wayne Whaley in 2009. Since 1970 to 2009, the signal has occurred only 12 times!
🛠️INDICATOR
For my followers, I even made a special indicator for the Whaley Breadth here:
https://www.tradingview.com/script/G16CG52H-TTI-Whaley-Breadth-Thrust/
🆕UPDATE
We are seeing constructive action from the SP500 and we can see that we are catching up with the 6month mark on the +17% from the bottom. This is very encouraging as the signal projects up to +28% as per the January Trifecta (look to my older notes to understand more). We are however running in some seasonal dormant period and it will be interesting how we are going to make the H2 2023.
If you remember The Whaley Breadth Trust is a powerful signal that has a great success rate. It was invented by Wayne Whaley in 2009. Since 1970 to 2009, the signal has occurred only 12 times!
🛠️INDICATOR
For my followers, I even made a special indicator for the Whaley Breadth here:
https://www.tradingview.com/script/G16CG52H-TTI-Whaley-Breadth-Thrust/
🆕UPDATE
We are seeing constructive action from the SP500 and we can see that we are catching up with the 6month mark on the +17% from the bottom. This is very encouraging as the signal projects up to +28% as per the January Trifecta (look to my older notes to understand more). We are however running in some seasonal dormant period and it will be interesting how we are going to make the H2 2023.
👉 I provide FREE EDUCATION + COURSES here: tintintrading.substack.com/
👉 I share my TRADING everyday here: discord.gg/gTmcqWyWWe
👉 I sell premium indicators here: tradingviewindicators.net
👉 I share my TRADING everyday here: discord.gg/gTmcqWyWWe
👉 I sell premium indicators here: tradingviewindicators.net
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.