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Baron von BossBullBear52x wrote:GOLD 102?
getting there good sell here with stop right at the top.Al_Dente wrote:Baron von BossBullBear52x wrote:GOLD 102?
Ouch, classic sell double top?
Could u throw GLD on that one and repost……ONLY when and if u have time….thx
It aligns very well with the sell-off in treasuries (and also $) over the last three days. Funds may be sloshing from one market to another.Cobra wrote:I don't know.noob wrote:Bet on QE3?Cobra wrote:that's really strange, the liquidity inflow suddenly spiked since Wednesday. Don't know what's going on, someone knows something really good ahead of us. Just because I saw the liquidity wasn't strong enough, so I was so sure the top could be around. Now all of sudden everything changed.BullBear52x wrote:GM,
DBV and TNX is still strong, another 50 cents day today me thinks.
...and also compatible with TLT downand TMV up, as an expression of money flow. Right?BullBear52x wrote:Thanks, that goes well with DBV > 24 market have a hard time to pull back at these level.Cobra wrote:that's really strange, the liquidity inflow suddenly spiked since Wednesday. Don't know what's going on, someone knows something really good ahead of us. Just because I saw the liquidity wasn't strong enough, so I was so sure the top could be around. Now all of sudden everything changed.BullBear52x wrote:GM,
DBV and TNX is still strong, another 50 cents day today me thinks.
I like to look at TLT also. TLT it's going to fall off a cliff, that should be good to equity normally.cougar wrote:...and also compatible with TLT downand TMV up, as an expression of money flow. Right?BullBear52x wrote:Thanks, that goes well with DBV > 24 market have a hard time to pull back at these level.Cobra wrote:that's really strange, the liquidity inflow suddenly spiked since Wednesday. Don't know what's going on, someone knows something really good ahead of us. Just because I saw the liquidity wasn't strong enough, so I was so sure the top could be around. Now all of sudden everything changed.BullBear52x wrote:GM,
DBV and TNX is still strong, another 50 cents day today me thinks.
SB73 wrote:Not sure how interested this group is in this gap analysis. I have finished my work for as much as I wanted to know.
My conclusions are as follows
Market has an edge of gapping up as opposed to gapping down 54% vs 46%
The gap up % is almost identical to the gap down % 0.46% vs -0.49%
Gap sizes are double in the last 100 days compared to the 3000 prveious days.
There have been more gaps down of >1% then gaps up.
The frequency of 1% gaps either way has dramatically increased over the last 250 trading days compared to the 3000 trading days database.
Bears have gone 40 days without a gap down greater than 1% during which bulls have had 7 gaps up greater than 1% (longest streak out there)
During 2005/2006 the market had 351 consecutive trading days without a gap greater than 1% either way.
Cobra has been on the right side of overnight gaps 88% of the time.![]()
# Gap Up # Gap Down % Up Gap Up Avg Gap Down Avg Gaps > 1% Frequency Gaps < -1% Frequency
Last 10 6 4 60.0% 0.50% -0.29% 1 10.0% - 0.0%
Last 25 15 9 62.5% 0.64% -0.29% 4 16.0% - 0.0%
Last 50 26 23 53.1% 0.86% -0.50% 9 18.0% 3 6.0%
Last 100 52 47 52.5% 0.88% -0.77% 21 21.0% 13 13.0%
Last 250 130 118 52.4% 0.64% -0.64% 29 11.6% 28 11.2%
Last 500 267 230 53.7% 0.57% -0.58% 43 8.6% 42 8.4%
Last 750 406 341 54.4% 0.59% -0.62% 69 9.2% 68 9.1%
Last 1000 534 462 53.6% 0.66% -0.72% 98 9.8% 110 11.0%
Last 1500 804 680 54.2% 0.54% -0.59% 108 7.2% 121 8.1%
Last 2000 1086 898 54.7% 0.46% -0.50% 109 5.5% 122 6.1%
Last 2500 1344 1136 54.2% 0.46% -0.50% 129 5.2% 150 6.0%
Last 3000 1605 1367 54.0% 0.46% -0.49% 154 5.1% 166 5.5%
How much of this recent gap frequency is due to overnight EU news? I guess until things settle out there we can expect even more gap activity. Now that our markets are more sensitive to international econ news this may be the new norm. Makes me think the rest of the world had to deal with frequent gaps for decades when the US market dominated.SB73 wrote:Not sure how interested this group is in this gap analysis. I have finished my work for as much as I wanted to know.
My conclusions are as follows
Market has an edge of gapping up as opposed to gapping down 54% vs 46%
The gap up % is almost identical to the gap down % 0.46% vs -0.49%
Gap sizes are double in the last 100 days compared to the 3000 prveious days.
There have been more gaps down of >1% then gaps up.
The frequency of 1% gaps either way has dramatically increased over the last 250 trading days compared to the 3000 trading days database.
Bears have gone 40 days without a gap down greater than 1% during which bulls have had 7 gaps up greater than 1% (longest streak out there)
During 2005/2006 the market had 351 consecutive trading days without a gap greater than 1% either way.
Cobra has been on the right side of overnight gaps 88% of the time.![]()
# Gap Up # Gap Down % Up Gap Up Avg Gap Down Avg Gaps > 1% Frequency Gaps < -1% Frequency
Last 10 6 4 60.0% 0.50% -0.29% 1 10.0% - 0.0%
Last 25 15 9 62.5% 0.64% -0.29% 4 16.0% - 0.0%
Last 50 26 23 53.1% 0.86% -0.50% 9 18.0% 3 6.0%
Last 100 52 47 52.5% 0.88% -0.77% 21 21.0% 13 13.0%
Last 250 130 118 52.4% 0.64% -0.64% 29 11.6% 28 11.2%
Last 500 267 230 53.7% 0.57% -0.58% 43 8.6% 42 8.4%
Last 750 406 341 54.4% 0.59% -0.62% 69 9.2% 68 9.1%
Last 1000 534 462 53.6% 0.66% -0.72% 98 9.8% 110 11.0%
Last 1500 804 680 54.2% 0.54% -0.59% 108 7.2% 121 8.1%
Last 2000 1086 898 54.7% 0.46% -0.50% 109 5.5% 122 6.1%
Last 2500 1344 1136 54.2% 0.46% -0.50% 129 5.2% 150 6.0%
Last 3000 1605 1367 54.0% 0.46% -0.49% 154 5.1% 166 5.5%
Hi Al Dente,Al_Dente wrote:Okay, these aren’t really “indicators” per se, they’re just colorful thingies, layered to drive folks nuts….
PS: don’t tell cobra I posted indic…..
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =253530436
GOOD ONE TABBY (ECB)
Champix where u been?
train slowing down?Cobra wrote:so far this kind of pullback doesn't look like a bear attack.
CHAMPchampix wrote:Hi Al Dente,I was still in the neighborhood, but I really hate this kind of markets : Santa Rally, Gaps up, no corrections...Al_Dente wrote:Okay, these aren’t really “indicators” per se, they’re just colorful thingies, layered to drive folks nuts….
PS: don’t tell cobra I posted indic…..http://stockcharts.com/h-sc/ui?s=SPY&p= ... =253530436
GOOD ONE TABBY (ECB) Champix where u been?
So I did not trade a lot in december and from the beginning of the year.
I am looking at this market and waiting for the reasonability to come back.
And when wee see the beginning of 2011, that could last 3/4 months...pfffffffffff