AI
Sunday, January 31, 2021 1:04:53 PM
Well, that channel is done. I've thinned out holdings on Friday but not after taking some hits.
I've been looking at some of Art Hill's plugins on Stockcharts Advanced Charting Platform which I am getting to like more and more.
My images here cover a lot of real estate as does my monitor. I've been looking at the bigger trend and how some of the individual forces cause the bigger trend to de-trend.
Looking at this past March as well as past corrections/recessions on weekly charts. In the collection below, the Big Trend is the composite indicator at the bottom of the set. Needless to say, it is damn extraordinary to deconstruct the overall trend of the markets when it just goes up. But it does happen on the weekly as well as the daily. Looking here at blocks of ten years with a focus on Mar 2020, the recession of 2008-2010, the y2K recession, and back to the 1980's.
It takes a lot to wreck that big trend. Even the flash crash of 1987 didn't send the trend red. Interestingly the flash crash of this past Mach is exactly the same magnitude as 1987 and this did drive the big trend pink.
On the shortest time period weekly chart we had a red Heikin-Ashi candle which means a high likelihood of a second down week...and then who knows.
Staying in a lot of cash and flexible. No nat gas at the moment.
I've been looking at some of Art Hill's plugins on Stockcharts Advanced Charting Platform which I am getting to like more and more.
My images here cover a lot of real estate as does my monitor. I've been looking at the bigger trend and how some of the individual forces cause the bigger trend to de-trend.
Looking at this past March as well as past corrections/recessions on weekly charts. In the collection below, the Big Trend is the composite indicator at the bottom of the set. Needless to say, it is damn extraordinary to deconstruct the overall trend of the markets when it just goes up. But it does happen on the weekly as well as the daily. Looking here at blocks of ten years with a focus on Mar 2020, the recession of 2008-2010, the y2K recession, and back to the 1980's.
It takes a lot to wreck that big trend. Even the flash crash of 1987 didn't send the trend red. Interestingly the flash crash of this past Mach is exactly the same magnitude as 1987 and this did drive the big trend pink.
On the shortest time period weekly chart we had a red Heikin-Ashi candle which means a high likelihood of a second down week...and then who knows.
Staying in a lot of cash and flexible. No nat gas at the moment.
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