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VIX upper BB is currently

Posted by frtaylor on 7th of Feb 2018 at 02:22 pm

VIX upper BB is currently 29.15, the VIX is currently ~24.50, so if the market holds up the VIX should give a market buy signal at the close.

SPX 5 min chart, 3-push

Posted by frtaylor on 7th of Feb 2018 at 09:50 am

SPX 5 min chart, 3-push pattern on RSI 5. If you are looking to get out and maybe re-enter later in the day, etc.

We also have a clear symmetry break on SPX compared to previous bounces since the January high - 90 pts. In this crazy market, though, does a symmetry break really have the same meaning? Just over 1/2 that 90 pt break has retraced in the last 5 min, btw.

Matt, what about the bounces

SPX 5 min

Posted by frtaylor on 5th of Feb 2018 at 11:19 am

Matt, what about the bounces from the decline off the January high?  There were bounces on the 30th, 31st and Feb 1 of 17 to 25 pts. With this morning's 30.5 pt bounce, it's still is a symmetry break, just not as dramatic. Is there a rule, etc. I am missing.

No, sorry.

Silver Bullish.

Posted by frtaylor on 2nd of Feb 2018 at 09:03 am

No, sorry.

Here is Stock Trader's Almanac

Silver Bullish.

Posted by frtaylor on 1st of Feb 2018 at 10:06 pm

Here is Stock Trader's Almanac on seasonality for silver in Feb - April:  "Historically silver has peaked in February, most notably so in 1980 when the Hunt Brothers’ plot to corner the silver market was foiled. Our seasonal analysis shows that going short on or about February 20and holding until about April 25has worked 34 times in the last 45 years for a win probability of 75.6%. "

CMCM - earnings is March

Posted by frtaylor on 1st of Feb 2018 at 09:46 pm

CMCM - earnings is March 19th, just fyi if anyone was eyeing Steve's chart for a possible short.

No time to post a

Posted by frtaylor on 11th of Jan 2018 at 10:22 am

No time to post a chart, but we have 5 waves down on SPX 1 min, and the high was basically a double top from Jan 9. Wonder if we see more downside for the next few days.

Big move today - was there news? Maybe just due to WEYL's association w/ the crypto currency industry.

Cool how the stock completed the first measured move and then took a rest.

ERIC - BPT trade idea

Posted by frtaylor on 4th of Jan 2018 at 09:22 am

ERIC - BPT trade idea from a couple weeks back. Purple dashed lines are measured moves from the inverse h&s (neckline in red). Gap to fill in blue.

Here are some stats for

Posted by frtaylor on 22nd of Dec 2017 at 01:25 pm

Here are some stats for XIV declines in 2017. Helps keep me grounded (as Steve would say!).

Update: TENCENT broke out of

Posted by frtaylor on 21st of Dec 2017 at 12:39 pm

Update: TENCENT broke out of the flag.

OIH price: Matt, is your

Posted by frtaylor on 21st of Dec 2017 at 11:04 am

OIH price: Matt, is your chart price after subtracting dividends? because my chart (TOS) has the highs of the resistance line in the 26's.

TENCENT (TCTZF, TCEHY), bull flag.,

Posted by frtaylor on 19th of Dec 2017 at 01:19 pm

TENCENT (TCTZF, TCEHY), bull flag., daily chart.

TISI (BPT trade idea) looks

Posted by frtaylor on 19th of Dec 2017 at 12:58 pm

TISI (BPT trade idea) looks poised to take off.

ALB, breaking out from a

Posted by frtaylor on 18th of Dec 2017 at 10:16 am

ALB, breaking out from a wedge. MACD may cross its signal line if price holds thru eod.

exactly what I was thinking.

CERN - what a pain!

Posted by frtaylor on 13th of Dec 2017 at 12:34 pm

exactly what I was thinking. Once it gets that out of its system, I kind of think it'll go higher, but we'll see.

CERN - what a pain!

Posted by frtaylor on 13th of Dec 2017 at 10:49 am

CERN - what a pain!

If only you could buy

Posted by frtaylor on 7th of Dec 2017 at 03:26 pm

If only you could buy a few puts against bitcoin!

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