Relative high weekly breadth is not a sign of weakness. It looks like there will be two consecutive weeks of rise in short term Zweig type ratio (cyan dots) that can drive $SPX higher for now. Early Aug weakness may no longer be valid.
@saeverley These EPRI researchers cautioned the limitations and abstractions which diminished the effect of data centers on the power grid, furthermore these are EPRI researchers and EPRI is now run by power companies.
@HistoryWJacob What can you say about US Grant as a politician?
.. The standards in many of his appointments were low, and charges of corruption were widespread.
@rohanpaul_ai 'estimate says a 10% rise in data center capacity was linked to about a 0.4% fall in average residential electricity prices.'
If that were true, every data center would build its own power station.
@granthawkridge All the red (+) shown are divergences if you know how to sample #Adv#decl properly. The second panel shows long period Adv decl line.
Whatever this rally is, it is not healthy until divergence revert & invert to go higher (green dots).
@OddStats Something like this happens frequently, perhaps 3 times a year with $VIX High >22 and L<16 in 2 days.
We don't know if VIX will close below 16 today.
@MarketMike Look for dispersions at relative #DSPX highs instead of absolute levels could be more effective (purple dots).
Signals could work both ways (green dots).
@RenMacLLC@SenWarren Progressive tax is never punishing success but rather paying forward for the next generation of millionaires and billionaires.
'Buffett argued that federal taxes could be effectively zero for every American if some 800 companies paid their fair share of taxes'
@OddStats@Flufferbot2 It is actually the least worst among 8 worst close in the last two years.
..
and there were a few comments that it may be most similar to 12/18/2024.
@WayneWhaley1136 Only 2 priors at ATHs, 1/22/87 and 2/13/91 (yellow dots) and both cases saw significant retests of support over >5 months (no melt up). Then there was that Oct 1987 Black Monday thing, nine months after signal.
These are price momentum signals and only good for what it is.
@Ryan12533005@giveashitnature '(Robert Fortune) He imported Japanese chestnuts into the United States, which led to the introduction of chestnut blight to the country 24 years after his death.[6]'
@Norseman1 Instead of using a bug zapper, why not let the volume catch up? and if it does, great. In 2000 and 2022, it never did catch up until the following year(s).
@mark_ungewitter There was no gamma squeeze in 1976, but isn't the latest Apr 2026 Whaley Price 'Thrust' simply a gamma squeeze where price diverged from breadth.
'A gamma squeeze at the very end of a speculative bubble is a forced, self-reinforcing buying episode ..'