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3DM wrote:hi folks,

is there an issue with some pics not being clickable, and being cut off at right side. Andasgy is the pic ending at Feb '13. and TSF is the pic ending at 3/3/14. other pics fine but these cant click these to expand. trying with two browsers. thanks

Right click on the pic -> View image

Rate of change -7% January open 1% less than December close. In the history of SPY 8 similar occurrences when a month opened 1% below previous month's close (and prev months close down): 6 closed above open 2 closed below open, but both of them rallied huge next month Rally in next month, you mean ...

Rate of change -7%

January open 1% less than December close.
In the history of SPY 8 similar occurrences when a month opened 1% below previous month's close (and prev months close down):
6 closed above open
2 closed below open, but both of them rallied huge next month

Nasdaq McClellan, click on the image:

Sentiment info, Markets in turmoil

RSI(14) < 30, very rare in January

Last week's seasonal setup with 2.8% profit target played out on FED day. We may reenter long again. Buying 17th close (or next Monday if weekend): https://lustaport.files.wordpress.com/2015/12/spy17.png Or buy gap down (minimum 0.3%), close < open, December, 2.5% profit target: https://lustaport.f...

Next week we enter a quite bullish period, current setup seems almost perfect to buy : https://lustaport.files.wordpress.com/2015/12/decpul.png NYMO below 80: https://lustaport.files.wordpress.com/2015/12/nymo80.png December seasonality: https://lustaport.files.wordpress.com/2015/12/decses.png Decem...

ALdaytrade wrote:What a weird day following the charts! I have no idea what is going on!

We will take out Friday's open. It is quite typical:
viewtopic.php?f=2&t=1876&start=20#p208379

Hi Nikman, My conclusion from the table, that Thursday-Friday sandwich price action was bearish. Probably we will take out at least Friday's open (SPY:206) next week. And when you short the market, you may use previous high as stop loss (SPY: 212). Please note also that these short trades typically ...

Friday :

Yesterday close down more than -1.3%, today close up more than +1.3%, close > open, close > highest close*0.93:
buy on close, max loss today open, profit target previous high

Last week crushed any bear dreams for 2015.

In the coming weeks I prefer bull case:

- NYMO spike below -60 was very good entry point in recent years
- Buy in November sell in December
- RSI(3) above 30 for 25 days

nikman wrote:

AndrasGy wrote:RSI(3) above 30 for 25 days:

What is MAE?

Sent from my SM-G920T using Tapatalk

Maximum Adverse Excursion

RSI(3) above 30 for 25 days:

Finally we got some bear movement, I posted about in the recent weeks. I expect a bear/bull war in the next two weeks and rally into the beginning of December. Bull case: - NYMO spike below -60 was very good entry point in recent years - Buy in November sell in December Bear case: - possible weekly ...

In October or November we got regularly an NYMO spike below -60 which was an excellent entry in the recent years:
http://schrts.co/kt2H4j
http://schrts.co/Pjrym7
http://schrts.co/pOf5IO
http://schrts.co/sCXF1W
http://schrts.co/ulAF1o

All stat valid from previous week This week 1. Continuous week breadth 2. Typical trading pattern after huge up October 3. Volatility fund flow forecast VIX spike 4. Ratio Between Credit Suisse High Yield Index And VIX > 2 S.D. ->>>> multi month struggle/bear 5. Daily time frame: RSI(3) above 30 for...

Bear case: 1. Breadth not impressive Advancing issues http://schrts.co/jxs1Ps Total advance/decline and SP500 http://schrts.co/lcIzkD 2. First close above 200ma, after 7% drop (relative to ma200) https://lustaport.files.wordpress.com/2015/10/elso.png 3. Sentiment (Trader) There have been five other ...