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TOS calculates the tdms "9s" okay but has an error in its calculation of 13s. So I manually count the 13s.  As well as the "Aggressive 13s "

March will be a Tom Demark monthly 13 sell on iwm.  So entering higher risk area. But with the strong uptrend, it may only have a pause

TDMS on the monthly is a 9

Also just printed a tom demark 9 sell sset up.   so may be a reason to briefly pause in the powerful up trend

$BP SPX Renko on a

Posted by elliotw on 14th of Dec 2020 at 10:22 pm

$BP SPX Renko on a sell signal    

Rydex Bull/Bear ratio now at extremely bullish levels that has resulted in market pull backs in the past.

On a positive note, $namo and $nymo closed beneath lower BB today. So may get a bounce in market later in week.

This a BPT chart that Matt/Steve often include in their newsletters

$BPSPX Renko system gave  a

Posted by elliotw on 20th of Nov 2020 at 07:26 pm

$BPSPX Renko system gave  a sell signal this week

you are welcome

Rydex asset ratio has reached

Posted by elliotw on 11th of Nov 2020 at 01:53 am

Rydex asset ratio has reached extreme levels again. Too many bull fund inflows and bear fund out flows as a ratio. It made extremes (inverted Scale) Jan and Sept 2018, Feb 2020, Oct 2020 and now back at Nov extremes.  Caution warranted here.

https://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=3&mn=0&dy=0&id=p71521567364&listNum=88&a=827797435

You are welcome.  Thanks for the newsletter

Hi  It is in stockcharts.com, on the right hand side. Scroll down to "Decision Point" charts/ There are a number of charts in there I monitor.  This indicator tracks real $$ moving into out of Bull, Bear and money market funds.  When excess $$ moves into Bull funds cf to Bear funds then the ratio becomes extended.  

Ryder Bear Bull Ratio Each time

Posted by elliotw on 28th of Oct 2020 at 06:46 pm

Ryder Bear Bull Ratio

Each time the ryder bear bull ration (inverted) in the second window down, reaches a high reading there is a meaningful pull back 


https://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=3&mn=0&dy=0&id=p71521567364&a=827797435&listNum=88


$nymo and $namo,  getting down

Posted by elliotw on 28th of Oct 2020 at 06:06 pm

$nymo and $namo,  getting down to low levels. $nymo 2 days under BB. 

Your welcome  Thanks for the newsletter

PMOBuyAll indiactor still working lower

Posted by elliotw on 27th of Oct 2020 at 06:21 pm

PMOBuyAll indiactor still working lower on a sell signal

$Nymo below bottom BB by

Posted by elliotw on 27th of Oct 2020 at 06:20 pm

$Nymo below bottom BB by a tad. But isnt oversold yet. $Namo is slightly above its bottom BB

$cpc, highest level since May

Posted by elliotw on 26th of Oct 2020 at 07:34 pm

$cpc, highest level since May 2020

PMO AllMarketBuy gave a sell today.

Posted by elliotw on 26th of Oct 2020 at 05:53 pm

PMO AllMarketBuy

gave a sell today.  Normally small and mid caps roll over into sell signals first. This time large caps have given pmo sells while the small and mid caps are rolling over but not crossed their signal lines down yet

$namo closed below bottom BB

Posted by elliotw on 8th of Sep 2020 at 07:44 pm

$namo closed below bottom BB for the 1st day. see if nasdaq can close lower tomorrow to provide a $namo 2 closes below its BB. $Nymo hasnt closed below its bottom BB as of Tuesday

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