zerohedge noted the drop in volume started when the knight capital algo shutdown, so this could be just an HFT related phenomena.
This was my thought last week, that other's were curtailing their HFT algo's. I am still just trading price and ema's, cant even rely on volume anymore
Petsamo wrote:/quote]
The last time you showed that chart, emerging markets were a sell. Emerging markets have been outperforming IWM for more than 4 weeks
This is not a "relative momentum" analysis. The buy and sell is assigned on the performance of individual entity and is not meant to predict if it will perform better or worst in the future. I look at this list as an indicator of over all momentum of the market. For example at major tops most of the instruments gave a sell signal before a major decline or buy signal before rise from a major sell off. Also note that timing aspect of these signals, some instrument are leader other laggard. Hope this helps
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
rc1269 wrote:we finally gapped up - does that mean the uptrend can finally correct? maybe
funny, all the veterans are waiting for the gap up.
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Petsamo wrote:/quote]
The last time you showed that chart, emerging markets were a sell. Emerging markets have been outperforming IWM for more than 4 weeks
This is not a "relative momentum" analysis. The buy and sell is assigned on the performance of individual entity and is not meant to predict if it will perform better or worst in the future. I look at this list as an indicator of over all momentum of the market. For example at major tops most of the instruments gave a sell signal before a major decline or buy signal before rise from a major sell off. Also note that timing aspect of these signals, some instrument are leader other laggard. Hope this helps
all the black bar cases. the next bar usually is big red but eventually it'll come back.
Attachments
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Short.
Today is day 3 under an ARMs Sell Warning.
The warning starts to decay in value after today, and if no decline of consequence has started by the end of the week, it will expire in my view.
In spite of overnight action, my position seems OK at the moment. (I am short the Russell 2000, which has been the weakest of the indexes.)
May not last though, if the bulls stampede.
We'll see where we're at at the close before making judgements.
Al_Dente wrote:HARAPA........Please try again; link broken; thanks
Just resent the link. Let me know
Still can’t open link
No prob
Just tell me
1) what time frame, 5min?
2) when all are……plus MA ribbon ON WHAT? and HA means what?
Sorry 4 dumb questions, I am behind in studying this…..
TKX V MUCH
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Hello despite of gap up my shorts are doing very well
NZD/USD neckline breakdown
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)