Al_Dente wrote:last four days
SPX lower low
VIX diverges by not making a higher high
FWIW that's a bull-SPX divergence
Thank you! Was waiting for someone to point this out. Probably worth noting that dec/adv is reaching capitulation levels as well. All I'd like to see before going long is capitulation TRIN and some big volume, and I'm good to go.
Al_Dente wrote:last four days
SPX lower low
VIX diverges by not making a higher high
FWIW that's a bull-SPX divergence
Thank you! Was waiting for someone to point this out. Probably worth noting that dec/adv is reaching capitulation levels as well. All I'd like to see before going long is capitulation TRIN and some big volume, and I'm good to go.
thanks for posting here boss
the answer to your earlier question is no, sorry
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
I am right around my 200 day moving average. My worldwide econon-concerns have made me less exuberant than I was a couple months ago, but I am by no means freaking out. Unfortunately my 200day is downsloping so I can't say everything is groovy. But my colleague Dr. Euro is looking less unhealthy, with more plumped-up ROC-12 and ROC-25 readings, and most econo-weakness has been eurozone.
All in all, demand for me is about average, and really what else is there to do with a dollar? Buy sovereign debt?
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daytradingES wrote:I'm not up to speed - trying hard to be ready for open - but not there yet.
The high est is an actual and the low is hard to nail as it looks like a breakdown day, so 2807 to 2800 or so. Be wary of US govt buy prg stepping in to stop a complete free-fall. Lots of invention for political reasons.
Model:
Dir 1
Range est 47.50
H/L est
2837.75 (act)
2805.00
diff 32.75
Breakdown
short from 2832.50 on sim - late entry
Educational only and not trading advice (EO&NTA) Good trading to all
There was a signal today 13 -may that showed on 8 Mar.
This MIGHT signal that today was a short-term low.
Another signal gives today as a 1 day warning placing a ST low tomorrow.
Today's C:O (or overnight gap) was -60 (can that be right???)
and on 8 Mar it was -20. The next TD after 8 Mar was 11 March which had a C:0 of +8
so if tomorrow's C:0 is positive (a positive o/n gap0 it may add strength to the idea that 13 mar was a ST low.
Educational only and not trading advice (EO&NTA) Good trading to all