Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Haha: see second chart in prior post for 10min pnf atr(200).
SPY SDS new short signal on 10min PNF atr (200) when under 135.83 SPY. Bought SDS 16.32 on mkt bounce. Stop over highs at 16.07
SPY SDS take initial bearish position in SDS if SPY trades at 135.78 or lower. Stop over highs.
Oddlot
SDS closed position with SPY in new highs.
SPY SDS closed long SDS. OBV signal whipsaw. New highs. Cant be short, amd need pullback to get long.
Oddlot
SPY important intraday trendlines
http://stockcharts.com/c-sc/sc?s=SPY&p=30&yr=0&mn=2&dy=15&i=p78415461300&a=191517504&r=2845
Z: all roads lead to the same conclusion, LOL
Marishipu thanks for posting the two charts. Good luck with ourt trades.
Oddlot
SPY SDS new position in SDS 16.79
SPY SDS long SDS 16.79 on OBV short signal
SPY SDS long SDS 16.79 on OBV short signal.
SPY new short signal is near.
see current post on "the new CS board"
Oddlot
SPY new short signal is near.
see current post on "the new CS board".
Oddlot
SPY near new short signal!!!
OBV has declined to near the 3.5 day low on the 1min chart and a signal will occur if that low is penetrated by MA15.
The decline in OBV occurred with trin below average, which is weird. BUT if institutions start selling, and trin goes up, then OBV will fall much harder.
I have discussed the pending 13week high, and the use of the quarterwave MA and trendline to signal the top. On the 30min, the 17 day is a MA221, and lines are drawn through both the low close and intraday low. Obvious support is 1335-1340.
kiy re DMA
The 5 and 10 day ma length correspond to cycles and if centered will track the center of a channel which encloses the cycle. The centered ma does not mark support but the channel boundary does. Try those periods on a 30minute chart. 5 days is ma65; 10 day is ma130.
Oddlot
Kiy re centered MA
The proper way to detrend is to plot MA in the center of data set. The harmonic set gives visualization of cyclic high/low. At the high(after the fact), the MA5 is above the MA11, which is above MA21 and the separations are maximum. This set is for the 21 day moon cycle. And none of this is part of the rationale the 13 week high.
Good trades
Oddlot
$SPX: 13 week high is due, or in.
We have come 6.5 weeks from the low, and the idealized cycle would have a top here. Tech signals re the 13 week period would be CCI20 which is geared for the 13week cycle, violation of a TL parallel to MA17 (length of MA is 1/4 length of cycle). The SPX low Friday fell on the TL drawn through the extreme low close of the 17 period. 1340 will be critical, and so will the low of Friday. 1335 should be a valid decision point for believing the top is in, and that the next 4-6 weeks will be lower.
$SPX: 13 week high is due, or in.
We have come 6.5 weeks from the low, and the idealized cycle would have a top here. Tech signals re the 13 week period would be CCI20 which is geared for the 13week cycle, violation of a TL parallel to MA17 (length of MA is 1/4 length of cycle). The SPX low Friday fell on the TL drawn through the extreme low close of the 17 period. 1340 will be critical, and so will the low of Friday. 1335 should be a valid decision point for believing the top is in, and that the next 4-6 weeks will be lower.
$SPX:$GOLD support near parity.
$SPX vs $GOLD support near parity.
The chart clearly shows resistance 1.00-1.05. So a decline in gold if it happens, should find excellent support at the $SPX quote and slightly lower. Similarly, if $SPX rallies hard (????), resistance should be at par to +5% over gold. Channel support would be at SPX approx 60% of Gold.
Marishipu re OBV trend sys
OBV is and has been trending higher, and not damaged by today's action. CCI and StochRSI are in buy territory.
Good luck with your trades.
Oddlot
TJ-CS re break/bounce? IMHO bounce. RSI started up from below 30 and 1min OBV, not shown but my favorite short term indicator, remains in up mode.
Oddlot
TJ-CS re break/bounce? IMHO bounce. RSI started up from below 30 and 1min OBV, not shown but my favorite short term indicator, remains in up mode.
Oddlot
maripishu: FYI long SSO 52.90 obj 57.00 in case you missed it.
SPY SSO long SSO 52.90 with stop under 52.35. Target is SPY near 140 or SSO 57-57.50.
Oddlot
SPY: remains in uptrend, and the current setback is a buying opportunity when given a technical signal. IMHO there are two possibilities for buy signals.
First, the combination of CCI and StochRSI with both parameters chosen to emphasize a known cycle. Since the OBV trend indicator can be very short term, I would emphasize the 5-7 day cycle for entries. This would dictate the CCI(64) and StochRSI(105) in the 10min timeframe. Both are in the oversold category, and the trigger would now be a cci buy, which is imminent.
The second would be the TL parallel to MA53, which will be a little slower.
Oddlot
GLD DZZ bot back the portion of DZZ that was stopped at 4.17. Purchased again at 4.30 near the close.
Oddlot
GLD DZZ sold half of DZZ at 4.17 on stop. Remainder has stop 4.09.
Oddlot
Rotor, did you find anything correllated to $BDI??? It appears to nearing an upswing.
Oddlot
Rotor, did you find anything correllated to $BDI??? It appears to nearing an upswing.
Oddlot
GLD DZZ added more DZZ 4.30 after break of intraday trendline, with stop on new shares at 4.17.
Oddlot
OBV normally leads price, and divergences are important. In the prior post, compare OBV to price and the conclusion is that OBV has been much weaker than price, therefore implying major distribution and a nearterm top being formed.
Oddlot
Long CVH 30.75 several days ago as noted on the New CS Board. Cycle projection has 30.10 as short term low, and current price of 30.25 is excellent entry, with stop under 29.
Oddlot