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U R right. “Oversold” doesn’t mean much, until PRICE gives some signs of moving up. Indeed, your MACD is not moving either. There is no clear BUY yet. I use the TVIX behavior at critical levels more as a sentiment gauge, since sometimes it moves before the VIX. The VIX itself is ”timid”.BullBear52x wrote:Cougar, I know many people see $VIX as over sold, see my MACD I see no turn sign yet. this is one hour.cougar wrote:VIX reentered timidly inside the Acceleration Band while TVIX gave a confirmed intraday BUY signal:
Thanks, IWM, EEM, and SPY are my main focus these days/cougar wrote:U R right. “Oversold” doesn’t mean much, until PRICE gives some signs of moving up. Indeed, your MACD is not moving either. There is no clear BUY yet. I use the TVIX behavior at critical levels more as a sentiment gauge, since sometimes it moves before the VIX. The VIX itself is ”timid”.BullBear52x wrote:Cougar, I know many people see $VIX as over sold, see my MACD I see no turn sign yet. this is one hour.cougar wrote:VIX reentered timidly inside the Acceleration Band while TVIX gave a confirmed intraday BUY signal:
We shall see…
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I know you are interested in IWM. Here is an updated and recently enhanced daily chart, which probably offers better “punctuations“…
BOJ is Bank of Japan, intervention after the earthquake.Al_Dente wrote:Baron von BB: thanks for central bank intervention chart. One question: what is BOJ?
One observation (if I’m reading it correctly/I can’t read your months): interesting how each intervention produced a SPX/DBV spike that just couldn’t reach the high of April 2011 (meaning each intervention spike was short lived… then SPX gets weaker (?) That’s pretty bearish if you ask me.)
After a two-second glance at this chart, if anyone here believes that Greece is near being fixed, please post and explain.
http://stockcharts.com/h-sc/ui?s=$GRDOW ... listNum=15
PS: Cougie: I’ve double checked the T2126 link and it works okay for me. Not important, as it just confirms the bull diverg of the stockcharts.com link below that… BUT THAT’S AN INTERMEDIATE TERM BULL DIVERG, NOT A SHORT TERM. Plus you have ADVND (100) on your platform and I don’t (thanks for that), my closest match is that T2126…(I think?)
PPS: I translate your “organized distribution” as a short term sell signal… I agree, very short term like intraday (based on Friday), but anything can happen tomorrow…Here’s my intraday QQQ:
http://stockcharts.com/h-sc/ui?s=QQQ&p= ... =241781854
Here’s one for your harmonics: http://www.youtube.com/watch?v=5lMT6xiN ... re=related
JAR: I see the SPX/SPY red Friday candles as reversal candles, which is candlestick TA for “ruh rho”…(imho)jarbo456 wrote:i wrote on the regular board that the bearish candlestick on friday seems too obvious to actually come to fruition. that's not really exact TA, but more of a rumination.
Got a better Greek chart for you.Al_Dente wrote:Baron von BB: thanks for central bank intervention chart. One question: what is BOJ?
One observation (if I’m reading it correctly/I can’t read your months): interesting how each intervention produced a SPX/DBV spike that just couldn’t reach the high of April 2011 (meaning each intervention spike was short lived… then SPX gets weaker (?) That’s pretty bearish if you ask me.)
After a two-second glance at this chart, if anyone here believes that Greece is near being fixed, please post and explain.
http://stockcharts.com/h-sc/ui?s=$GRDOW ... listNum=15
PS: Cougie: I’ve double checked the T2126 link and it works okay for me. Not important, as it just confirms the bull diverg of the stockcharts.com link below that… BUT THAT’S AN INTERMEDIATE TERM BULL DIVERG, NOT A SHORT TERM. Plus you have ADVND (100) on your platform and I don’t (thanks for that), my closest match is that T2126…(I think?)
PPS: I translate your “organized distribution” as a short term sell signal… I agree, very short term like intraday (based on Friday), but anything can happen tomorrow…Here’s my intraday QQQ:
http://stockcharts.com/h-sc/ui?s=QQQ&p= ... =241781854
Here’s one for your harmonics: http://www.youtube.com/watch?v=5lMT6xiN ... re=related
Yo Cougie, I got a hankerin’ for some good fundamental analysis. Have u got any good fundamentals there?cougar wrote:DD is a MUST for anyone interested in these names. I will NEVER post any fundamental opinions here.
AlAl_Dente wrote:DCURBAN1
I rarely get over to your site, so I appreciate u posting here.
RE: Dollar… IMHO: it FAILED at double top… (“almost” works in horseshoes and grenades, “failed” at double top is what happened to $USD).
I have $USD on a “daily” sell signal (but just barely), and an intraday buy signal.
Friday UUP albeit green, turned away at gap resistance. It will be an interesting week. Here’s my $ daily:
http://stockcharts.com/h-sc/ui?s=$USD&p ... =247550059
JIMMIE
I like your dollar charts, especially the 60min and the downtrend lines, however it looked like the accumulation/distribution line hit a HIGH last week
… so whom do you think is telling the “truth”. Quit “dickin” around and please keep us posted.
(FYI: just to set the record straight, If I had to choose a religion, I choose Buddhism… I don’t go to “church”.. we just kid around here…. maybe too much… as too many wars have been fought over religion. I like them all: http://www.youtube.com/watch?v=UHhyyRByuJ0
JIMME: Dollar $80 is downright spooky [it's only a minute away]. A while back I was musing on “what ifs” specifically, what if the dollar went back to near/exactly where it was in Mar ’09 and June ’10…. Then where would SPY (in green) be, etc. etc.jimme wrote:Al...Humor is a huge part of me. You will find this as time passes. My opinion of the /DX is it will get to 80.43 quite soon and will take a rest from there. I have stated here that I plan to buy GLD at 161. GLD also has a long term line and a bounce up from there might get it right out of the triangle it's in. So it's simple and where I have my money. The dollar goes up gold comes down with the S+P, I sell my SDS and buy GLD calls. Carry on, my friend. jimme: )))Al_Dente wrote:
Al, Someone on this board, I think it is Dow Trader or something like that often says "Trade what you see". Go to Stockcharts free and click on US Market overview. On the candleglance page you will see a daily chart of $USD. Looking at the chart, would you buy it or sell it. What you see is what you should do. KISS works! This last week has been the most UNEXPLAINABLE, REASONLESS, I have ever seen. I am short from Wednesday and added on the Friday mid-day flag. Good trading to you, my friend, and carry on.Al_Dente wrote:JIMME: Dollar $80 is downright spooky [it's only a minute away]. A while back I was musing on “what ifs” specifically, what if the dollar went back to near/exactly where it was in Mar ’09 and June ’10…. Then where would SPY (in green) be, etc. etc.jimme wrote:Al...Humor is a huge part of me. You will find this as time passes. My opinion of the /DX is it will get to 80.43 quite soon and will take a rest from there. I have stated here that I plan to buy GLD at 161. GLD also has a long term line and a bounce up from there might get it right out of the triangle it's in. So it's simple and where I have my money. The dollar goes up gold comes down with the S+P, I sell my SDS and buy GLD calls. Carry on, my friend. jimme: )))Al_Dente wrote:
I don’t like to post hypothetical charts, lacking any time frame, and smelling a bit like too much eggnog, but you made me do it:
http://stockcharts.com/h-sc/ui?s=$USD&p ... =243570769
http://www.youtube.com/watch?v=8B1oIcTh ... re=related