SSI & MidCap 100 Index
SSI - Strong Stock Index created for stocks which are strong in all of NSE basket.
Below is a comparative chart of SSI with Midcap 100 index.
I have taken the start point as the start of the up-move from 23 Aug 2019. We can see that the SSI peak is matching with the short term peaks of Midcap 100 Index.
SSI has topped out recently on 17 Jan and saw a big dip on 20th Jan 2020 to confirm the short term peak.
We can use the Peaks and troughs of the SSI to time our positions in midcap index. Levels of SSI to be updated frequently in the telegram channel.
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