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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sweet Ol who wrote (83493)6/18/2019 9:24:55 PM
From: Sr K  Read Replies (1) | Respond to of 85804
 
The first is the prior day's list, the second shows the count and the most recent day's list.



To: Sweet Ol who wrote (83493)6/19/2019 12:25:16 PM
From: Return to Sender2 Recommendations

Recommended By
oldbeachlvr
Sr K

  Read Replies (1) | Respond to of 85804
 
The columns represent Point and Figure buy signals for the Nasdaq 100. Here is an explanation from StockCharts.com where I get the data. It's also where Gottfried got the data before he stopped sharing here:

Point & Figure Buy Signal
Initiated when a column of X's goes higher than the previous column of X's. The signal remains in effect until a P&F Sell Signal occurs. This very simple pattern is used to calculate the various Bullish Percent Indexes.

Here is a long term chart of BPNDX of mine. Note that readings over 70 are considered overbought while readings under 30 are considered oversold. There is a lot more information on this chart than just that but that is the basic premise for following Point and Figure buy signals on any index.