Don't normally see bonds up, markets up and oil down in the same day.

Nice charts on gold in today's newsletter. Noticed the 10 MA beginning to crossover the 20 MA for a long term bullish signal on gold.  Looked at these MAs on the major indexes and noticed they have all crossed over to the downside.

Luv it.  Anything is possible.  Could be some bullish announcements by the EU and other governments over the weekend. 

Also took a small position in TZA after hours. In hindsight UVXY would have been the better choice. This is worse than I could have ever imagined.

62 points the ES is down. wow!  Even more off it's earlier highs. Cannot image what will happen to the European markets if they vote out. FTSE futures down almost 5.5%.

Euro down almost 2%.  /tf down 3%, /ub up almost 3% yen up 2%, vix up 20%. 

Brexit Vote Article

Nice setup this morning on the 50% break of the large red candle with divergence.

SSO 10 min chart

VRX Daily Chart

Even worse for airlines.

NVDA 10 Min Chart

Nice bounce in the VIX off the lows today.

VIX 15 min Chart

Jobless claims for the latest week came in slightly better than expected again.  While economists were forecasting a slight increase in claims to 270K from 268K, the actual level declined to 267K.  This is now the 65th straight week that claims have been below 300K.  That’s the longest streak since 1973.

NVDA 60 min

IVR Daily

BNDX Daily

AMD Daily

In case you missed it, we are in the process of releasing a new version of ChartNotes that uses HTML5 instead of Adobe Flash. As of now, the new HTML5 version is the default version of ChartNotes. The Flash version is still available for now, but that will change soon. The people at Google Chrome and Mozilla Firefox (and elsewhere) are eliminating their support for Flashsoon which means that, even if we wanted to, we are unable to continue supporting a Flash-based verion for much longer.

He offers very good inexpensive courses for short term trading.

AAL Daily Chart