Overwhelming Amount of Overhead Supply | JC Parets, CMT (05.18)
All Star Charts with JC Parets, CMT • 25m
On this month's show we talk about the overwhelming amount of overhead supply in most stocks and indexes. We're not just seeing this in the U.S. but in almost every other country around the world.
The US Dollar Index is likely to have a huge impact on the next direction of stocks, as it continues to maintain a strong negative correlation.
We go over all of this and so much more on this month's episode.
If you'd like to download the slides, please email [email protected] and use the password "Bear Market"
Enjoy!
Up Next in All Star Charts with JC Parets, CMT
-
Messy Market Within An Uptrend | JC P...
Over the last year, over 70% of the stocks in the NASDAQ were down over 20%, some might call that a bear market. It's definitely messy, but we've been in long term uptrend for a long time, so now it's a messy market within that uptrend. What do you call that?
The relentless strength in utilities ... -
Market Breadth & Market Sentiment | J...
On today's show, we dive deeper into Market Breadth and Market Sentiment. These are 2 of my favorite supplements to price action.
At the end of the day, this is a "Market of Stocks". We want to treat it that way. Same with the humans. We want to analyze price, of course, but the humans (or robot...
