Buy-Signals, Sell-Signals and da-Boyz, Oh My, LOL!?
The NEW Buy-Signal on 06Aug generated a new negate number of 46.18 and it appears said negate number is gonna get taken OUT today at the OPEN, OUCH!!
ALL eyes should be on the S1(45.57), because a CLOSE below said level confirms our YTD Pivot target of 44.46??
We'll continue to use the volitility to extract coins as da-Boyz play between the lines, the 44.46/46.68 lines dat is!?
The S&P500 was UN-Success-Full at taking out the R1(1130.03) and we look toward the YTD Pivot, 1102.47, to fail or HOLD!?
1212.72 10.00%
1185.16 7.50%
1157.59 5.00%
1130.03 2.50%
1102.47 0.00% OE Pivot
1074.91 -2.50% S1
1047.35 -5.00% S2
1019.78 -7.50% S3
992.22 -10.00% S4
In summary, we think the ST TOP is in and we have to go back down to back-test the YTD Pivot, 44.46!?
4cast says, SHORTS gonna bee dancing in da-Streets, well, dat's if they didn't all switch to LONG, Oh Boy, Sigh...........!?
Date Open High Low Close
6-Aug 46.32 46.85 46.05 46.76
9-Aug 47.01 47.19 46.79 47.08
10-Aug 46.72 46.95 46.28 46.67
4cast
11-Aug 45.93 46.30 45.33 45.43
Buy-Signals:
Dominate-ing since 23Jul and we LIKE IT!?
No, Date, Negate #
1) 05Feb, 42.44
2) 11Feb, 43.12
3) 12Feb, 43.21
4) 25Feb, 44.04
5) 22Mar, 47.32
6) 22Apr, 49.68 (Negated 27Apr)
7) 29Apr, 49.60 (Negated 30Apr)
8) 06May, 45.99 (Negated 07May)
9) 12May, 48.01 (Negated 13May)
10)21May, 44.24 (confirmed 24May)
11)25May, 44.14 Not Confrimed
12)27May, 45.30 Negated)
13)02Jun, 45.67 negated 04Jun
14)10Jun, 44.51 (confirmed 11Jun)
15)11Jun, 44.93 (confirmed 14Jun)
16)15Jun, 46.13 negated 23Jun
17)07Jul, 43.96 (confirmed 08Jul)
18)09Jul, 44.06 (confirmed 12Jul)
19)20Jul, 44.69 negated 21Jul
20)23Jul, 45.48 (confirmed 26Jul)
21)06Aug, 46.18
Sell-Signals:
Sell-Signals have definitely dominated the scene since 11Mar, and the trend since early May continues in Full_Court_Jester_Mode!
NO, Date, Negate #
1) 11Mar, 48.30
2) 12Mar, 48.31
3) 16Mar, 48.50
4) 18Mar, 48.79
5) 22Mar, 48.88
6) 23Mar, 49.22
7) 25Mar, 48.91
8) 29Mar, 49.19 (Negated 13Apr with a close above!)
9) 14Apr, 50.91 (confirmed with an additional Sell-Signal 15Apr)
10)15Apr, 51.13 (confirmed on 16Apr)
11)27Apr, 50.34 (confirmed on 28Apr)
12)30Apr, 50.22 (confirmed on 03May)
13)04May, 49.40 (confirmed 05May)
14)07May, 46.32 (Negated 10May)
15)13May, 48.81 (confirmed 14May)
16)18May, 47.36 (confirmed 19May)
17)20May, 45.24 (confirmed 21May, negated 27May)
18)01Jun, 46.14 (negated 02Jun)
19)04Jun, 45.99
20)07Jun, 45.16 (confirmed 08Jun)
21)09Jun, 44.70 (negated 10Jun)
22)21Jun, 47.53 (confirmed 22Jun)
23)22Jun, 47.16 (confirmed 23Jun)
24)24Jun, 46.26 (confirmed 25Jun)
25)29Jun, 44.24 (confirmed 30Jun)
26)30Jun, 43.56 (confirmed 01Jul)
27)06Jul, 43.45 negated 07Jul
28)16Jul, 45.23 (confirmed 20Jul)
29)21Jul, 44.72 negated 22Jul
Last but defintely NOT Least is the OEPM S/R lines of meaning!
53.35 20.00% R8
52.24 17.50% R7
51.13 15.00% R6
50.02 12.50% R5 (Serious resistance as of 30Apr)
48.91 10.00% R4 (violated 04May, look to the R3 for guidance now)
47.79 7.50% R3 (violated 14May, hasn't been seen since)
46.68 5.00% R2 (violated 18May on a close-ing basis and back-tested 19May)
45.57 2.50% R1 (violated 20May and NOW Serious resistance)
44.46 0.00% YTD OE Pivot (Once thought to be the FINAL Discount wave target, close at 44.35 on 20May and another violation will Open the FLOOD gates to start vilating the Support levels!!??)
43.35 -2.50% S1 (tagged 29Jun)
42.24 -5.00% S2 (tagged 01Jul)
41.13 -7.50% S3
40.01 -10.00% S4
38.90 -12.50% S5
37.79 -15.00% S6
36.68 -17.50% S7
35.57 -20.00% S8
