Wow, we were there then we weren’t then we were then we weren’t. Recall that we need 61.5 NYSE advancing percentage 10 day EMA to generate a Zweig Breadth Reversal Thrust (ZBTR) signal. We have not had one since March 2009 which was the starting gun for the two year rally. They are rare, very rare.
I have done most of my research on this signal using the TradeStation NYSE data and on Friday it closed like this:
No matter how many times I hit Ctrl-R to refresh the data, I cannot get it to reach that 61.5 level.
On FreeStockCharts.com, they have the ZBT looking like this: A value of 62.13 which clearly is a hit.
My NinjaTrader/Kinetick data looks like this: 61.99 another winner.
So if we vote the answer is YES, we did get out ZBTR. My problem with the Kinetick data is it also gave us a ZBTR on the March Reversal of this year:
Which nether Worden nor TradeStation awarded.
I am really hoping that Monday, since we have one more day in the window, we can get TradeStation up and over and then the historians can argue about the day. I just want my simulations to work! So I am waiting one more day, expecting some strength on Monday to get alignment.
-Red
