Traffic Light March 3, 2017

Hi All,

Here is the old clip of Traffic Light, March 3, 2017.  In the video clip, Traffic Light Dow and NASDAQ are pointing to consolidation and the beginning of bearish posture.

At the time, both Traffic Light Dow and NASDAQ were bullish since the indication occurred around Feb 10.  SPY ascended to 238 from 230.

Fast forward to the recent time, March 27, SPY was at 232. The index had a pull back about 3%.   Knowing the direction of SPY, the market index, is critical because 75% of stocks correlates with the movement of the index.

The key insights to Traffic Light are the direction especially when the lines are turning.

You may access the current Traffic Light at CrystalClearIndicator.com

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