03/25/2016 Weekend Update

[Cobra]

Institutional buying and selling chart from stocktiming shows more accumulation than distribution, accumulation is down while distribution is up, so it's in topping phase. The down accumulation isn't very clear, so even it's topping phase, it may take sometimes, bulls should be OK.

• When accumulation and distribution are down means we're in trending phase.

• When accumulation is up, distribution is down, it's a bottoming phase.

• When accumulation is down, distribution is up, it's the topping phase.

[Cobra]

shortened week, so no smart money report.

[Cobra]

Summary of the week's stock picks. Not a good start after being paused for 6 months.
viewtopic.php?f=10&t=1980&p=218824#p218824

[Cobra]

The next week's stock picks are here:
viewtopic.php?f=10&p=218826#p218826

[Al_Dente]

Goldman Sachs, London
Order keyboard, for each Trader on the trading floor:

[Out of Bounds]

Goldman Sachs, London
Order keyboard, for each Trader on the trading floor:

The attachment orders.png.png is no longer available

Left rear pocket

[josephli]

El Erian's view on market: http://www.bloombergview.com/articles/2 ... er-markets

wide range consolidation a.k.a roller coaster mode.

[BullBear52x]

From it is what it is department.

[Mr. BachNut]

Happy Easter from Mr. B

The NYMO cycle remains down.

I don't have much to add to last Friday's post.
While there are a bunch of possible downside target areas, I am pretty much focusing only on the first one for now.
There is a confluence developing in that zone as my middle keltner band is rising into the open gap at SPX 1994.71 as well as the NYMO benchmark of SPX 1993.69.
If price reaches this target area, I'll gauge at that point the prospects for further downside.

I am not expecting a smooth trip. There is likely to be some action on the 200 day MA re-connect, and there is some support around SPX 2009.
Besides, Mr. Market can do whatever he wants. he doesn't have to bother going to the target at all. It is just an idea.

Thursday produced a bull bar heading into a long weekend after breaking down a well established channel.
With quarter-end on deck, a rally to kiss the channel goodbye or even double top would not surprise.
I slapped a blue circle on the chart recognize this potentiality.

I started working short a week ago and remain short.
I have a break-even stop on now, and I scaled out a risk unit on Thursday to assure a profitable campaign.
If Thursday's rally continues next week though, I am inclined to reload the risk unit or even the position if it gets stopped out.
We'll see what happens and make a game-time decision.

[BullBear52x]

For weekly long term new entry setup to shorts, the reason behind my NOT yet trigger see MACD histogram on both charts are not turning yet, and RSI on Heikin-Ashi chart is not turning either, never too late to be safeER and Patience for evil side of thing.

[BullBear52x]

Negative divergence on daily chart, it's now clearer when I called for 1969 will eventually retest. something to look out to for daily chart setup.

[BullBear52x]

Intraday: one more buy coupon left, come2papa sell was a failure, bulls are weak but not out. Peace!

[pezhead9000]

WSJ TSM Block Money Flow: 3 days of negative flows this week. FYI.

[fehro]

Weekly / Daily Candles. Dailies trying to hold, hammers. after hitting resistance zones. Weeklies stalled at horizontal, trendline resistance, on/under on 50w SMA… last week's theme.

[fehro]

Weekly % Industry

[fehro]

T2 http://www.worden.com/TeleChartHelp/Con ... rs_T2s.htm
Slowly rolling over to the sell side.

[fehro]

T2 Channels % Stocks 1+2 Channels ><200d Weekly ><40d Daily

[fehro]

Yields

[Zane]

yellen speak next week, what do you guys expect to hear from her?

[fehro]

Goldman Sachs, London
Order keyboard, for each Trader on the trading floor:

The attachment orders.png.png is no longer available

mine is not as fancy but close xk-24 .. .. while you are at it.. might as well get the feet involved!! ...get a foot petal.. then you really can put the pedal to the metal.. and gas your trade!!

A awesome product by the way, and very easy to set up with cool software ( hot keys ) that will change depending on which app you are using

http://xkeys.com/products.php