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03/23/2017 Live Update

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Cobra
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03/23/2017 Live Update

Post by Cobra »

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no idea up or down here, need see more bars.
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Cobra
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Re: 03/23/2017 Live Update

Post by Cobra »


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cletus
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Re: 03/23/2017 Live Update

Post by cletus »

Since the US dollar is a critical piece for determining the next move in gold prices, I looked at my charts for the US dollar and came up with a mixed outlook that is probably more bullish than bearish in the near term, but possibly bearish in the longer term. Commitment of traders is stll decidedly bullish for USD.

http://preciousmetalstrading.blogspot.c ... pport.html
johnnywa
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Re: 03/23/2017 Live Update

Post by johnnywa »

Market waiting for health care vote?
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Cobra
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Re: 03/23/2017 Live Update

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Cobra
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Re: 03/23/2017 Live Update

Post by Cobra »

johnnywa wrote:Market waiting for health care vote?
probably.

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Cobra
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Re: 03/23/2017 Live Update

Post by Cobra »

morning hourly hollow red.
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KENA
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Re: 03/23/2017 Live Update

Post by KENA »

On the Dorsey Wright P & F charts the NYSE turned to 0's yesterday, Some Bears are starting to wake up. Lets see.
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KENA
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Re: 03/23/2017 Live Update

Post by KENA »

Chart shows trouble could be ahead. Bears could be rising.
chart by stocktiming
chart by stocktiming
--%20opt.jpg (96.47 KiB) Viewed 8071 times
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Al_Dente
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Re: 03/23/2017 Live Update

Post by Al_Dente »

NY advancing stocks = 1.9 x declining stocks (bull bias)
NY advancing volume = 1.0 x declining volume (flat as a pancake, 1-to-1 volume AD to DA)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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KENA
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Re: 03/23/2017 Live Update

Post by KENA »

Up date on liquidity. Starting to drop but not enough yet.
chart by stocktiming
chart by stocktiming
Daniel
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Re: 03/23/2017 Live Update

Post by Daniel »

SOX (semiconductor index) trying to regain the august 1000 level, currently just below..
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Cobra
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Re: 03/23/2017 Live Update

Post by Cobra »

this bull may have legs.
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Daniel
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Re: 03/23/2017 Live Update

Post by Daniel »

Intraday, both RVX and VXN (two BullBear52 favorites to monitor) are holding at relatively high levels, despite the current strength of price action.

This is probably ultra short-term buying of downside protection by institutions who want to hedge uncertainty emanating from Washington.
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Al_Dente
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Re: 03/23/2017 Live Update

Post by Al_Dente »

Al_Dente wrote:NY advancing stocks = 1.9 x declining stocks (bull bias)
NY advancing volume = 1.0 x declining volume (flat as a pancake, 1-to-1 volume AD to DA)
NY advancing stocks = 3.3 x declining stocks
NY advancing volume = 1.9 x declining volume
quick change to full bull bias
they are frontrunning a YES vote; all speculation at this point...
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
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Re: 03/23/2017 Live Update

Post by Daniel »

Al_Dente wrote:quick change to full bull bias, they are frontrunning a YES vote; all speculation at this point...
Not nec'ly speculation. A vote is not like a single-moment announcement of a datapoint-- the results of various informal canvassing sessions could be gradually leaked by insiders, as the data slowly accumulates.

The slow float upward today could be the result of such cumulative additions of trending sentiment among congressmen as their aides do their best to profit from what they are learning...

:)
Daniel
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Re: 03/23/2017 Live Update

Post by Daniel »

Naz advancers HOD here. >2000!

NYSE tick hod (per Schwab). But a tepid 690, not much above the low tick print of ca -600.
cletus
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Re: 03/23/2017 Live Update

Post by cletus »

I added more to DUST today and continue to increase my positioning based on the analysis I've provided. DUST +6%, so hopefully the ride continues.
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Al_Dente
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Re: 03/23/2017 Live Update

Post by Al_Dente »

Daniel wrote:
Al_Dente wrote:quick change to full bull bias, they are frontrunning a YES vote; all speculation at this point...
Not nec'ly speculation. A vote is not like a single-moment announcement of a datapoint-- the results of various informal canvassing sessions could be gradually leaked by insiders, as the data slowly accumulates.
The slow float upward today could be the result of such cumulative additions of trending sentiment among congressmen as their aides do their best to profit from what they are learning... :)
thanks boss :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
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Re: 03/23/2017 Live Update

Post by Daniel »

SLV up slitely, GLD down a minor .4 of 1%... GDXJ down 3%!! GDX down 2.3%.

That's a large divergence. Especially with XLB (materials) up a small percent. What's with the miners..?

:oops:
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