Smart Meter Shunt Resistor Small current giving you a warning

You want to see a reversal in the trend before getting too excited withthe current rally.98% a week earlier, and compared to 5.Thereis a general guideline that we use to examine the NHNL ratio. Watch the sentiment to see how the market isfeeling. Investor sentimentcontinues to be extremely bearish and this will hinder thesustainability of any upside move in stocks. The theory is that, in a bullish market,investors quickly bid up stock and you see a rising NHNL ratio. Wheninvestors get nervous, less new highs are made and the NHNL ratio willtend to decline, Black Ring small type transformer Single phase current transformer thereby Smart Meter Shunt Resistor Small current giving you a warning.Profit Confidential---. At the other end of thespectrum, bear markets have more new lows than new highs. There have only been three readings over 70% since May 22. And, unless we see thepercentages move higher, any gains will be questionable. stocks are above the 200-day moving average, upfrom the 3. Yet, despite this, I'm not convinced that the upward trend issustainable, as the market risk remains high. Thesame goes for the shorter-term moving averages. When theratio is above 70%, it is bullish; below 70%, it is a warning; andbelow 20%, it is bearish.The NHNL on the NYSE remains extremely bearish; 55 ofthe last 60 sessions have a reading of below 20%, including 46 of thelast 47 sessions, which were very bearish.Atechnical measure that I like to monitor for a feel of the market isthe new-high/new-low (NHNL) ratio, a measure of the number of stockstouching a new 52-week high versus the number of stocks that havedeclined to new 52-week lows.S. As of November 26, onlyabout 5.60% a month ago. Thenear-term trends on both the NYSE and NASDAQ are in a downward trend.65% of all U.Stock markets made a nice four-day rally prior to the Thanksgivingbreak. The NHNL on the NASDAQ has alsobeen weak, with only three bullish readings since October 11, 2007. Inall, 56 of the last 60 sessions were below the bearish 20% level

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