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03/20/2018 Weekend Update

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Cobra
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03/20/2018 Weekend Update

Post by Cobra »

Up 1 week means 77% chances higher high ahead the next week which means SPY likely would break above $266.77 the next week.
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Al_Dente
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Re: 03/20/2018 Weekend Update

Post by Al_Dente »

stockcharts subscribers:
Marty Pring has a few interesting charts here: NYA ROC, and VIX ROC, and NYA AD, all showing bullish developments.
If you click on a chart, then click on “click here to see the live version,” you can then capture and save his exact parameters, which are quite precise.
http://stockcharts.com/members/articles ... ms-up.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 03/20/2018 Weekend Update

Post by Al_Dente »

If you read this free blog, you should give Cobra an Easter present by voting for him today, tomorrow, and Happy Easter Sunday

https://stockcharts.com/public/1684859
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 03/20/2018 Weekend Update

Post by Al_Dente »

Which Dow-30 stocks are above, testing, or below their 200sma:
Above: AAPL, BA, CAT, CSCO, GS, HD, INTC, JPM, MSFT, NKE, PFE, TRV, UNH, UTX, V (total=15)
Testing: AXP, CVX, IBM, VZ, WMT (total=5)
Below: DIS, DWDP, GE, JNJ, KO, MCD, MMM, MRK, PG, XOM (total=10)

$INDU/DIA, SPY, QQQ, and IWM are still "comfortably" above their 200sma, and bulls want them to hold above 200…

Why do folks obsess over the 200sma? They’re scared of it. Plain and simple.
The 200sma is the most universally recognized marker for medium and long termers: Bull above 200, and Bear below 200.
A break below the 200ma rarely leads to a crash, but there are a few notable exceptions, like for instance 1987, our most egregious example:
SAVE 1987.png.png
Also, check the 200sma on your 2007-2008 charts, and compare all to today’s charts.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
tsf
Posts: 528
Joined: Tue Feb 15, 2011 7:49 am

Re: 03/20/2018 Weekend Update

Post by tsf »

Cobra,

If it's not too much work for you,
may I suggest that you break up your public chart 0.5.2 Relative Strength - Sectors
into 6 separate panels of one ratio each
i.e. make chart 0.5.2 more like to chart 0.9.0 Extreme Watches 0

6 separate panels would make it easier to identify the sectors and how they behave.
Sometimes, we can see a group of sectors behaving in similar fashion.

Thank you for your consideration.
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Cobra
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Re: 03/20/2018 Weekend Update

Post by Cobra »

tsf wrote:Cobra,

If it's not too much work for you,
may I suggest that you break up your public chart 0.5.2 Relative Strength - Sectors
into 6 separate panels of one ratio each
i.e. make chart 0.5.2 more like to chart 0.9.0 Extreme Watches 0

6 separate panels would make it easier to identify the sectors and how they behave.
Sometimes, we can see a group of sectors behaving in similar fashion.

Thank you for your consideration.
I can break them no problem, but put them together actually is the idea, otherwise you don't have the view of the whole picture. I shortened the time frame, so that they're easily seen.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 03/20/2018 Weekend Update

Post by Al_Dente »

This is supposed to be on TV “ON DEMAND”, and also in selected theatres, March 30 (now)
“The China Hustle”
“From the producers of ENRON: THE SMARTEST GUYS IN THE ROOM comes a Wall Street heist story about a still-unfolding financial crime so big, it has the power to affect all of our wallets. Investors on the fringes of the financial world feverishly seek new alternatives for high-return investments in the global markets, and have found a goldmine in China. But when one investor discovers a massive web of fraud, everything else is called into question…..”
https://www.rottentomatoes.com/m/the_china_hustle

MarketWatch review:
https://www.marketwatch.com/story/finan ... =rss&rss=1

Trailer:
https://www.youtube.com/watch?v=55892jT06aI
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
tsf
Posts: 528
Joined: Tue Feb 15, 2011 7:49 am

Re: 03/20/2018 Weekend Update

Post by tsf »

Cobra wrote:
tsf wrote:Cobra,

If it's not too much work for you,
may I suggest that you break up your public chart 0.5.2 Relative Strength - Sectors
into 6 separate panels of one ratio each
i.e. make chart 0.5.2 more like to chart 0.9.0 Extreme Watches 0

6 separate panels would make it easier to identify the sectors and how they behave.
Sometimes, we can see a group of sectors behaving in similar fashion.

Thank you for your consideration.
I can break them no problem, but put them together actually is the idea, otherwise you don't have the view of the whole picture. I shortened the time frame, so that they're easily seen.

THANK YOU, Cobra.
tsf
Posts: 528
Joined: Tue Feb 15, 2011 7:49 am

Re: 03/20/2018 Weekend Update

Post by tsf »

$spx:$USB best directional signal with ADX ?
@BuddieBuddiee 2018 03 29

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