We are in the late beta stage with how we post the DeMark Sequential and Combo Countdown 13 exhaustion signals. Our goal is to have daily, weekly, and monthly with the S&P 500, Euro Stoxx 600 and perhaps more indexes listed on the site each day just after the US open.
December has been unique as I can’t ever recall seeing this many individual components within in the S&P with downside DeMark Sequential and Combo Countdown 13 buy signals concentrated in one month without seeing even a green Setup 9 and downside red Sequential or pink Combo Countdown in progress on the S&P Indexes. I like seeing power in numbers like this and it has given me confidence of a bounce that is likely underway now. Keep in mind, when there is a signal the rule of thumb is that a price reaction should occur within the next 12 trading days. Lastly, I am working with the DeMark people about doing a DeMark Indicator Basics Webinar in January. I believe it will be very informative. It will be strictly client only.
DEMARK SCREENS – Daily Upside/Downside Exhaustion Signals
Daily/Weekly DeMark upside (sell signals) /downside (buy signals) exhaustion Countdown Sequential and Combo “13’s updated daily. Currently we are only screening the S&P 500 universe
The DeMark Indicators are designed to assist the user with buying into weakness and selling into strength to anticipate trend exhaustion. Selling into a rally and buying into a decline often afford the opportunity to exit a trade without too serious a loss if wrong. If you would like more detailed information on the DeMark Indicators, please email us.