Thursday, May 5, 2016

May 5 - CPC ratio issues 1 day buy signal

CPC ratio closed at 1.18 today (little orange box).  Last 9 times with a single day reading above 1.10 it hasn't resulted in a down day in equities the next day.  2 of the days were flat.  Last time this triggered was Apr 30 and SPY went up 1% the next day.  This is positive for a spike tomorrow or Mon.




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