02/04/2017 Weekend Update

[Cobra]

Smart money starts to short, so things might finally get interesting. The short is not extremely yet so should still be some up rooms.


How I use the 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 sharply 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]

don't forget our weekly sentiment poll here:
viewtopic.php?f=9&t=2349

[Cobra]

No stock picks for the next week. Scan found 308 candidates which are ok number:
viewtopic.php?f=10&t=2351

[BullBear52x]

Smart money starts to short, so things might finally get interesting. The short is not extremely yet so should still be some up rooms.


How I use the 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 sharply 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.

I see high chance of gaping down on Monday, today's high is my new level to pay attention to, a gap down will suggest short term trend change has started. this is from a combination of daily internals indicators.

[fehro]

Weekly & Daily Candles.. couple questionable weeklies.. dailies look strong.

[fehro]

Industry % Weekly

[fehro]

T2 http://www.worden.com/TeleChartHelp/Con ... rs_T2s.htm

[fehro]

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

[fehro]

Yields

[fehro]

http://www.zerohedge.com/news/2017-02-0 ... ce-history

JPM: "Turning Points In Market Trends Are Occurring At The Fastest Pace In History"

...In empirial terms, this means that quantitatively, we are noticing a higher density of market turning points. The next figure shows the average variability of asset trends (averaged across major asset classes) that show turning points occurring at the fastest pace in recent history (~30 years)...

[BullBear52x]

It is what it is department:
It's fair to assumed that bulls are almost done with this major negative D, but last time I checked price still the only thing that pays

[BullBear52x]

Short Video to watch.

https://www.youtube.com/watch?v=OCPg8fDYq_Q

https://www.youtube.com/watch?v=MsZIpTvQ_A0

https://www.youtube.com/watch?v=348WAJ5XEPM

[BullBear52x]

We lived through these time, now we know the out come.

https://www.youtube.com/watch?v=R5lZPWNFizQ