Your pop up blocker may be preventing the MarketSmith tool from opening.
Learn how to resolve this issue.
So obviously the "4 days without accumulation - sell" rule did not apply to SXCI in the last two weeks. Why not? The answer is on the chart. Two reasons stand out to me.
1. The launch of 4/3 was the greatest volume in the past three months. A powerful show of strength into a market stacking up distribution days.
2. One of the 4 days without accumulation was 4/9 - a down day where the RS line moved up. This is a fairly rare and very powerful phenomenon.
As Loeb says, "Form a composite opinion."
© 2017 MarketSmith, Incorporated. All Rights Reserved. MarketSmith® is a registered trademark of MarketSmith, Incorporated. All data provided by William O'Neil + Co. Incorporated unless otherwise noted.