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striperman36 · 03-24-2009, 07:34 PM

This was a distinctly negative day. All eight Important Averages were down (averaging, as I said above, -2.52%). All 16 Breadth Groupings were Super-Decisively Negative.
Today's Dominant PV Relationship was PDVD (1897 stocks), which is the thematic relationship of falling markets. They are just being themselves.
On a five-day basis, the bullish PUVU relationship has been giving ground for the last seven days, but it remains Dominant over the other relationships so far. However, it is holding on by a thread, with the bearish PUVD relationship breathing down its neck on a five-day basis.

03-24-2009, 07:34 PM	#118
striperman36 Old Guy iTrader: (0) Join Date: Oct 2004 Location: Mansfield, MA Posts: 8,760	This was a distinctly negative day. All eight Important Averages were down (averaging, as I said above, -2.52%). All 16 Breadth Groupings were Super-Decisively Negative. Today's Dominant PV Relationship was PDVD (1897 stocks), which is the thematic relationship of falling markets. They are just being themselves. On a five-day basis, the bullish PUVU relationship has been giving ground for the last seven days, but it remains Dominant over the other relationships so far. However, it is holding on by a thread, with the bearish PUVD relationship breathing down its neck on a five-day basis.