Eurex futures (which trade until the US market closes at 4:00 p.m.) suggest that the SPX move due in the next hour is most likely to the upside. I don't want to explain here, but it's quite a good indicator...
TLT daily.. evening star? island top?.. open gap from last year just above *so.. sell bonds/gold buy equities.. into next week.. then rotate back and resume down indexes / up gold bonds?
Attachments
Last edited by fehro on Thu Feb 11, 2016 2:04 pm, edited 1 time in total.
the rebound shall have small legs at least. simply V reversal on down day every time!
Attachments
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.
What is the +/- timing accuracy window for such signals?
It depends on the time frame and on how precise my drawing is In general 1 hour on the 60 min, 1 day for the daily, 1 week for the weekly. But they tend to be more precise than that.
SPX stalling at Mon lows 1830… above that .. mind the morning gap.. crazy I know.. you holding a huge short position.. going to keep it into the long weekend? or cover now.. and take tomorrow off?
fehro wrote:SPX stalling at Mon lows 1830… above that .. mind the morning gap.. crazy I know.. you holding a huge short position.. going to keep it into the long weekend? or cover now.. and take tomorrow off?
It's not a bad idea for shorts to take profit at 2x bottom support, so's longs on 2x top. for now I see no reversal confirmation for bears to worry. (not yet atm)
My comments are for entertainment/educational purpose only. NOT a trade advice.
fehro wrote:TLT daily.. evening star? island top?.. open gap from last year just above *so.. sell bonds/gold buy equities.. into next week.. then rotate back and resume down indexes / up gold bonds?
okay who's the big player? 1 min after I posted that chart.. TLT tanks 1:01 candle..
fehro wrote:TLT daily.. evening star? island top?.. open gap from last year just above *so.. sell bonds/gold buy equities.. into next week.. then rotate back and resume down indexes / up gold bonds?
okay who's the big player? 1 min after I posted that chart.. TLT tanks 1:01 candle..
TLT is for retirement account. needed relief buy pressure big time.
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.
Hourly momentum oversold (pink arrow) and starting to hook up, just about near to crossing the 20 line (pink arrow)
I have to wait until it crosses, I don’t catch the exact bottom, but my style is better late than dead
Note three higher low candles on the hourly
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro wrote:TLT daily.. evening star? island top?.. open gap from last year just above *so.. sell bonds/gold buy equities.. into next week.. then rotate back and resume down indexes / up gold bonds?
okay who's the big player? 1 min after I posted that chart.. TLT tanks 1:01 candle..
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.