As of today, I am going short the SPY as a swing trade, the MACD
has finally crossed to the down side following the Williams and slo
sto 14.
Here it is again guys, the vertical timing lines on the $NYAD
are repetitive time lines. You can set these on Stockcharts.com
starting at the first swing high on Jan. 23rd and followed by the
swing low on the 24th, once you set the first cycle they repeat
themselves at the same time or distance. Now, today just as on
Friday the markets opened down and have traded up all day, so if
this continues to work, the next big move should be to the downside
and should happen somewhere between the blue and green lines. I
added the green cycle on the 26th when the swing highs had shifted
slightly to the right.
With the apparent pull back that's coming this morning my $NYAD
timing model appears to have predicted this pull back correctly
again. The next turning lane will be this afternoon between 3:05
and 3:55. If the markets sell off all day then that should produce
a good buy op.
If this timing cycle does work again today it should happen
about an hour from now, the $NYAD has been rising most
of the day so the cycle should mark a sell into the close.
Here's anotehr way to look at the negative divergence, this is
the advancing volume on the nyse, look at the 23rd when $NYUPV
went up but price didn't -next day = large gap down
$NYAD timing model; I've added green vertical timeing bars as
the count may have gotten slightlly out of step with the market.
The next turn is going to come in so close to the end of the day
that I think it means we see a large gap on Monday. Over all , my
charts continue to show that the top may be in for the broad
markets. Otherwise this is one slow Friday....
I mentioned in the first posting of TLT that when the Fed is set
to action bonds they (PPT) have been selling off the broad markets
so as to drive folks into buying their paper. A friend sent me
this:
last 30 year
auctions were
13B 11/10/11 1280
10days before and 1230 bottom day before auction
16B 12/14/11 1260
down to 1210 4% in 5 days to 12/14/11
Same here, I've been expecting a top for weeks and every time I
go short over night I get burned in the morning. I made good money
today scalping and did keep half of the sso I'd bought at 3:30 and
so far it's up, just like the trend.
I'm starting to think this thing is unstoppable till "sell in
May and go away" comes around......
Thanks for all your hard work.
CHGI maybe coming to life for those with strong hearts. lol
The community is delayed by three days for non registered users.
Thanks Matt, I may just
AIG Renko
Posted by ditch on 30th of Jan 2012 at 03:49 pm
Thanks Matt, I may just try it with candles, that looks like it's been trending well enough for scalping.
http://stockcharts.com/h-sc/ui?s=AIG&p=5&yr=0&mn=0&dy=2&id=p99962793528&a=255467739&listNum=1
AIG Renko
Posted by ditch on 30th of Jan 2012 at 03:32 pm
you all should look at trading the AIG renko again, it's trending very nicely.
http://stockcharts.com/h-sc/ui?s=AIG&p=5&yr=0&mn=0&dy=5&id=p37184264992&a=222105655&listNum=1
$NYAD and short SPY
Posted by ditch on 30th of Jan 2012 at 02:35 pm
As of today, I am going short the SPY as a swing trade, the MACD has finally crossed to the down side following the Williams and slo sto 14.
Here it is again guys, the vertical timing lines on the $NYAD are repetitive time lines. You can set these on Stockcharts.com starting at the first swing high on Jan. 23rd and followed by the swing low on the 24th, once you set the first cycle they repeat themselves at the same time or distance. Now, today just as on Friday the markets opened down and have traded up all day, so if this continues to work, the next big move should be to the downside and should happen somewhere between the blue and green lines. I added the green cycle on the 26th when the swing highs had shifted slightly to the right.
Now, let's see what happens today?
$NYAD timing model
Posted by ditch on 30th of Jan 2012 at 08:14 am
With the apparent pull back that's coming this morning my $NYAD timing model appears to have predicted this pull back correctly again. The next turning lane will be this afternoon between 3:05 and 3:55. If the markets sell off all day then that should produce a good buy op.
http://stockcharts.com/h-sc/ui?s=$NYAD&p=5&yr=0&mn=0&dy=2&id=p02134947835&a=242185315&listNum=1
$NYAD
Posted by ditch on 27th of Jan 2012 at 03:36 pm
We are in the lane and turning captain.
If this thing keeps working
$NYAD
Posted by ditch on 27th of Jan 2012 at 02:49 pm
If this thing keeps working I'll post my address and you can send money.....lol
$NYAD
Posted by ditch on 27th of Jan 2012 at 02:38 pm
If this timing cycle does work again today it should happen about an hour from now, the $NYAD has been rising most of the day so the cycle should mark a sell into the close.
TLT bo
Posted by ditch on 27th of Jan 2012 at 02:17 pm
http://screencast.com/t/BMI3UgweIm
Here's anotehr way to look
Negative Divergence continues
Posted by ditch on 27th of Jan 2012 at 01:35 pm
Here's anotehr way to look at the negative divergence, this is the advancing volume on the nyse, look at the 23rd when $NYUPV went up but price didn't -next day = large gap down
http://screencast.com/t/llnqRWSLeARb
The tick should lead the
Negative Divergence continues
Posted by ditch on 27th of Jan 2012 at 01:21 pm
The tick should lead the markets, in this case someone is selling into strenght, imho
$NYAD timing model
Posted by ditch on 27th of Jan 2012 at 01:06 pm
$NYAD timing model; I've added green vertical timeing bars as the count may have gotten slightlly out of step with the market. The next turn is going to come in so close to the end of the day that I think it means we see a large gap on Monday. Over all , my charts continue to show that the top may be in for the broad markets. Otherwise this is one slow Friday....
Negative Divergence continues
Posted by ditch on 27th of Jan 2012 at 12:56 pm
between the tick and the price
Filler up!
Posted by ditch on 27th of Jan 2012 at 11:24 am
UGA gasoline, and oil up but xle down?
negative divergence in the tick
Posted by ditch on 27th of Jan 2012 at 11:08 am
http://screencast.com/t/N6vVD4dfS
5 min. tick
DOG & SDS
Posted by ditch on 27th of Jan 2012 at 10:54 am
As of right now, my work say's sell the DOW via DOG, the SPX may get a sell signal by the end of the day, these are swing trades.
Most of my charts are
Consumer Sentiment due out in 10 minutes
Posted by ditch on 27th of Jan 2012 at 09:50 am
Most of my charts are saying buy (scalps) but I'm afraid to before the #s come out
SSO channel
Posted by ditch on 27th of Jan 2012 at 09:36 am
Watch this
http://screencast.com/t/u5IAhqhL7Rng
TLT
Posted by ditch on 26th of Jan 2012 at 06:34 pm
I should have posted this one again.
I mentioned in the first posting of TLT that when the Fed is set to action bonds they (PPT) have been selling off the broad markets so as to drive folks into buying their paper. A friend sent me this:
Same here, I've been expecting
some charts of interest
Posted by ditch on 26th of Jan 2012 at 06:31 pm
Same here, I've been expecting a top for weeks and every time I go short over night I get burned in the morning. I made good money today scalping and did keep half of the sso I'd bought at 3:30 and so far it's up, just like the trend.
I'm starting to think this thing is unstoppable till "sell in May and go away" comes around......
Thanks for all your hard work.
CHGI maybe coming to life for those with strong hearts. lol
some charts of interest
Posted by ditch on 26th of Jan 2012 at 06:20 pm