07/25/2015 Weekend Update

[Cobra]

Institutional buying and selling chart from stocktiming shows more distribution than accumulation, so the trend resumes down again.

[Cobra]

Smart money huge short, so it's case 1 below, not good for bulls.


Since there're some arguments about how to read the chart, so it's necessary for me to explain here how I use this chart:

I don't care what's the logic behind the chart. I found it works in the following two cases:

1.) When market up huge, if I see smart money huge short, best if new record short, then I know a short-term pullback is due soon.
2.) When market down, if I see smart money suddenly rises from very negative value, then I know the pullback was over.

So I only use this chart for the above 2 cases. Besides those 2 cases, it means nothing to me. i.e. the absolute value of this chart means nothing to me, I only care if it rises sharply or drops sharply.

[Cobra]

Summary of the week's stock picks.
viewtopic.php?f=10&t=1736&p=196583#p196583

[MrMiyagi]

SPY: 174 targets 138 hits within 10 days, 79.31% rate. 7 open targets left, all to the upside.



sorry, i had the wrong image file.

[fehro]

INDEX Weekly/Daily Candles

[fehro]

Industry % Weeklies. Volume increasing with the down move in SPY fwiw.

[fehro]

T2 http://www.worden.com/TeleChartHelp/Con ... rs_T2s.htm Put/Call very elevated again. Last weeks weakness in indicators, confirmed this week.

[fehro]

Yields

[fehro]

T2 Channels % Stocks 1+2 Channels <200d Weekly <40d Daily

[Cobra]

The weekly stock picks are for everyone.
viewtopic.php?f=10&t=1743&p=196593#p196593

[daytradingES]

last weekend I posted we would get a doji and roll-over - which has happened and we are half-way down the slide.
This video is on a longer-term view.
http://screencast.com/t/K5BunTWUG

[tsf]

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Source: Urban Carmel ‏@ukarlewitz July 24, 2015 1 hour ago

21-d CPCE. This is 2 1/2 year high.

[tsf]

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Source: Cam Hui, CFA @HumbleStudent 10:55 AM - 24 Jul 2015

Fear & Greed

[tsf]

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The bear case

Source: StockTwits





Source: ? not sure

[marcueus]

Yeah Very very nice weekly candle guys, do not get to greedy with shorts as squeez time is coming Very serious squeez time for bears is coming

[fehro]

SPX the bears are have a very pretty set-up.. "IF" there is follow through.

Bottom Monthly candle next week will be of keen interest.

Middle chart.. bears see a re-test of a broken trend from 2009 lows, bulls see a mid channel support.

Top chart.. highly speculative, but stacked H&S... on shorter time frames... it's a favorite of mine, if you been reading this board for awhile.

All depend on price and how it plays out.. of course. But something to keep in mind. fwiw.

[jademann]

"Down hard on the 60"

Look at the volume 60ma red line. Some use this as a buy point, wonder if it works?

http://stockcharts.com/h-sc/ui?s=USO&p= ... 7841303351

Went Long SLV and GLD at bottom on Friday. Looking for a short term dead cat bounce.
http://stockcharts.com/h-sc/ui?s=GLD&p= ... 2608052039

USD is key to all imho
http://stockcharts.com/h-sc/ui?s=UDN&p= ... 0816291590

[QED]

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Source: Urban Carmel ‏@ukarlewitz July 24, 2015 1 hour ago

21-d CPCE. This is 2 1/2 year high.

Here's the 10d ma on $CPCE: pic.twitter.com/9eHJJFDILF
Looks like it's heading higher.

The 21d has a similar breakout pattern.

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[tsf]

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QED, thanks for the updated tweet.

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Source: Urban Carmel ‏@ukarlewitz July 24, 2015 1 hour ago

21-d CPCE. This is 2 1/2 year high.

Here's the 10d ma on $CPCE: pic.twitter.com/9eHJJFDILF
Looks like it's heading higher.

The 21d has a similar breakout pattern.

.

[Al_Dente]

The last time that the market action was concentrated in the giant mega-cap stocks was back in October
Vote: https://stockcharts.com/public/1684859