10/18/2014 Weekend Update

[3DM]

hello,

[fehro]

fwiw. http://www.tradingview.com/.. interesting indicator showing moon phases. SPY 2h

[DellGriffith]

fwiw. http://www.tradingview.com/.. interesting indicator showing moon phases. SPY 2h

Heh the new moons have a perfect record in that chart!

1. If RSI is not in a downtrend, then new moons signal continuation of a rally and higher prices. (first 3 new moons)
2. If RSI is in a downtrend, then new moons signal a high with lower prices to follow. (second 3 new moons)

Of course 6 data points is not enough, but amusing!

[Al_Dente]

Art Hill found a Bullish Island Reversal on DIA, the dow ETF (which followed selling-climax volume last week).
That is now the line-in-the-sand for bulls. As long as the reversal gap holds, the bulls are alive.

Schaeffer notes that NAAIM, The National Association of Active Investment Managers (weekly survey asking mgrs what their current equity exposure is)
at 9.97% is at the lowest level since Oct. 12, 2011. They believe this bearish reading “indicates there is a lot of cash that could flow into the market.”
WEEKLY chart shows bottom zone (it has gone lower). A long signal is triggered as it turns back up above the green line(s).

[BullBear52x]

Last two hours of Friday changed a turn signal to be stronger bulls Hmm....if in doubt, cash is king...
MO MO are bullish bias

Weekly candle, it's hammer time! Bears beware.

[Al_Dente]

“This is the most important chart in the world right now”
“This increases the likelihood of two things. First, that the eurozone is heading towards a Japanese-style deflationary trap.
And, second, that the ECB will engage in full-blown quantitative easing to ward off such an unappealing prospect”

http://www.telegraph.co.uk/finance/econ ... t-now.html

http://www.telegraph.co.uk/finance/econ ... toric.html

[DellGriffith]

[flumanchu]

.

$4.5 billion POMO next week.

Should be enough to start a pretty strong short squeeze.

Mon, Oct 20, 2014 Tue, Oct 21, 2014 Outright Treasury Coupon Purchases 07/31/2019 - 06/30/2020 $1.00 - $1.25 billion
Tue, Oct 21, 2014 Wed, Oct 22, 2014 Outright Treasury Coupon Purchases 11/15/2021 - 08/15/2024 $1.40 - $1.70 billion
Thu, Oct 23, 2014 Fri, Oct 24, 2014 Outright Treasury Coupon Purchases 07/31/2020 - 09/30/2021 $1.35 - $1.65 billion

One of my breadth indicators has already turned.
Another based on a ratio of short / long bonds is very close. With these bond purchases from POMO, breadth will continue to improve as the money is moved into the market, squeezing shorts - Big Time.

Be Careful...

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.

[gappy]

.

$4.5 billion POMO next week.

Should be enough to start a pretty strong short squeeze.

Mon, Oct 20, 2014 Tue, Oct 21, 2014 Outright Treasury Coupon Purchases 07/31/2019 - 06/30/2020 $1.00 - $1.25 billion
Tue, Oct 21, 2014 Wed, Oct 22, 2014 Outright Treasury Coupon Purchases 11/15/2021 - 08/15/2024 $1.40 - $1.70 billion
Thu, Oct 23, 2014 Fri, Oct 24, 2014 Outright Treasury Coupon Purchases 07/31/2020 - 09/30/2021 $1.35 - $1.65 billion

One of my breadth indicators has already turned.
Another based on a ratio of short / long bonds is very close. With these bond purchases from POMO, breadth will continue to improve as the money is moved into the market, squeezing shorts - Big Time.

Be Careful...

.

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Fed must supply liquidity or else.

Capture.PNG

Thanks for being our watchdog Fluman.

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Vote Cobra. glta

[daytradingES]

.

$4.5 billion POMO next week.

Should be enough to start a pretty strong short squeeze.

Mon, Oct 20, 2014 Tue, Oct 21, 2014 Outright Treasury Coupon Purchases 07/31/2019 - 06/30/2020 $1.00 - $1.25 billion
Tue, Oct 21, 2014 Wed, Oct 22, 2014 Outright Treasury Coupon Purchases 11/15/2021 - 08/15/2024 $1.40 - $1.70 billion
Thu, Oct 23, 2014 Fri, Oct 24, 2014 Outright Treasury Coupon Purchases 07/31/2020 - 09/30/2021 $1.35 - $1.65 billion

One of my breadth indicators has already turned.
Another based on a ratio of short / long bonds is very close. With these bond purchases from POMO, breadth will continue to improve as the money is moved into the market, squeezing shorts - Big Time.

Be Careful...

.

.

Thanks flu