Live Update

Monday, September 7, 2009

Institutional Index and Collection of Leading Indicators

Nothing to imply, just show you something interesting to remind you, hey, don’t forget this blog!

Here’s the comment I see everyday from

Chart 1-1: The Institutional Index of "core holdings"...

Overview: This is one of the first charts we look at everyday because Institutions represent over half of the market's volume and they have a predominant influence on the market.  As an index, Institutional movements track better technically than any of the other indexes.  For instance, on October 11th. 2007, the Institutional "core holdings" index hit an EXACT 61.8% Fibonacci retracement while the other indexes did not.  That day marked the EXACT top of the market.

Well, here is the monthly Institutional Index chart. If the last rally stopped right at Fib 61.8 then could Fib 38.2 possibly mean the rally is over?


A collection of leading indicators listed below, any additional add-on to recommend?


By the way, could anyone recommend me a very good back test software or services? (Like for the past 100 cases, there were 36 cases a green close next day) Thanks.

blog comments powered by Disqus


The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.