Nasdaq Charts

Posted by steve on 24th of Mar 2019 at 01:48 pm

$COMPQ - Chart Link - Nasdaq weekly shows a shooting star with slight RSI 5 Divergence

$COMPQ - Chart Link  - Daily Chart shows rally back up to Oct 2018 breakdown zone and rejection last week

$NAA50R - Chart Link - moved up into extreme overbought reading above 80% of stocks above their respective 50 day MA 

Coffee Monthly and Daily Views

Posted by steve on 23rd of Mar 2019 at 05:12 pm

$COFFEE - Chart Link - trading at prices last seen in 2006 - what are you paying? 

$COFFEE - Chart Link - great example of respecting a trend until evidence changes

BKX Updated View

Posted by steve on 23rd of Mar 2019 at 04:26 pm

$BKX - Chart Link - down nearly 10% during last 4 trading days

BPSPX

Posted by matt on 23rd of Mar 2019 at 02:22 pm

$BPSPX - Chart Link - never did go back on a buy signal even though SPX made a minor high

Comparison Charts

Posted by matt on 23rd of Mar 2019 at 02:13 pm

Yield Curves

Posted by matt on 23rd of Mar 2019 at 01:34 pm

The 10/3 month yield curve went slightly negative on Friday, last time was 2007.

The standard 10/2 year hasn't yet, still at a ratio of 1.05

$UST10Y-$UST3M - Chart Link

$SPX - Chart Link

$UST10Y:$UST2Y - Chart Link

Major Indexes

Posted by steve on 23rd of Mar 2019 at 11:44 am

$INDU - Chart Link- weekly charts display bearish shooting star candles

$INDU - Chart Link- daily charts show bearish engulfing candles with Friday's selloff wiping out all of Thursday's gains

Nikkei Views Updated

Posted by steve on 23rd of Mar 2019 at 11:06 am

$NIKK - Chart Link - weekly chart displays a declining channel.  The last two weekly candles show price remains contained inside the large bearish engulfing candle. Price has stalled near the upper boundary of its weekly channel. 

$NIKK - Chart Link - daily chart shows a rising channel to monitor. Still below it's 200 day MA and printed a black candle on Friday. 

China Markets

Posted by steve on 23rd of Mar 2019 at 10:41 am

$SSEC - Chart Link  - nearing the .618 FIB on the Weekly chart 

$SSEC - Chart Link - very nice move out of the channel Matt showed a few months ago

$SSEC - Chart Link - short term daily appears to be stalling (potential double top)

CAF - Chart Link - Chinese ETF displays bearish engulfing candle during US market hours on Friday. 

DAX Weekly and Daily Views Updated

Posted by steve on 23rd of Mar 2019 at 10:11 am

$DAX - Chart Link

$DAX - Chart Link

I posted these DAX charts two weeks ago to monitor.  The DAX rallied up to resistance early last week and then reversed down sharply later in the week in reaction to very weak economic data in Germany.  See additional comments on the charts. 

The weakness in Europe on Friday carried over to US Markets (they gapped lower) 

Yield Curve 3 month vs 10 year

Posted by matt on 22nd of Mar 2019 at 03:54 pm

$UST10Y-$UST3M - Chart Link

$SPX - Chart Link

here's some charts I made, these have not yet updated today, they will later this evening, but once they update they will be inverted

ES 2826 provided a collar 

SPX 10 with Fibs

Posted by steve on 22nd of Mar 2019 at 03:00 pm

ES resistance around 2826 -

Posted by steve on 22nd of Mar 2019 at 02:59 pm

ES resistance around 2826 - let's see how this closes.  Will ad fibs above

SPX 5 min update

Posted by matt on 22nd of Mar 2019 at 02:52 pm

$SPX - Chart Link - you can see the higher low after the symmetry break

GTBIF Updated View From Last Night

Posted by steve on 22nd of Mar 2019 at 02:40 pm

SPX 3 Minute

Posted by steve on 22nd of Mar 2019 at 02:36 pm

$SPX - Chart Link thus far we see an abc bounce

$SPX - Chart Link- you can see how price did indeed pause at that symmetry area, otherwise small base here to monitor 

Congrats

Just sold out of PRED at $2.20 for a 98% ...

Posted by steve on 22nd of Mar 2019 at 01:56 pm

Congrats

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