Outside the Box: Trading guru Bollinger: U.S. stock market just flashed not one, but two, buy signals

Last week my market-timing system generated two rare buy signals — one on November 21st and one on the 23rd. These signals are worth a second look as the last buy signals generated by this system occurred at the U.S. market’s January 2018 lows. Will these signals mark the lows in this cycle as well? So far, so good; but we will only know in the fullness of time.

In that context, it’s worth a close look at the trading system that generated them. When I began my career in technical analysis there was a popular market-timing system that employed the Dow Jones Industrial Average DJIA, +1.46% , a set of trading bands, and two market-breadth oscillators.

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