The Testing of Support

日期:2016/01/18

Six Charts That Show Stock Indexes Teetering at Key Support.  Six major indexes are testing key support levels amid the current market selloff. Whether these hold or break will be a significant factor in determining if the global decline extends. - Bloomberg terminal

One sees a headline on bloom saying that 6 major indexes are now testing support and whether they hold or not will determine the likely course. I don't know what the indicators are but one doesn't know how support can be measure and also whether a break is bullish or bearish. All my studies and the quantifications show that the more the big drop the greater the positive expectation. One indicator is stock to bonds at 11. 78. As far as I can see a multi year low (a well meaning assistant has made it impossible for me to go back for more than a year with alacrity). Which is better, the upside down man's toilet paper view or the 40,000 fold a century view with a view to where it's starting from with a 7% spot from where it was a month ago.