Posted by timebandit on 12th of Nov 2020 at 01:34 pm
SPX 15 Minute- broke down out of descending triangle and is
knocking on upper trendline across Sept and Oct tops. Daily 9 ema
at 5496 area.
VXX Daily- bounced off lower trendline of descending wedge 3
days ago. As Steve would say, moving averages bearishly stacked
above, upper trendline in the 25 area, beyond that the 200 ma near
31.
$CRB:$TYX- ratio tracks inflation and correlates fairly well
with $GOLD. Lately, gold has been flagging while the ratio
continued lower. Curious to see which wins out. Momentum on the
ratio appears to be bottoming.
Posted by timebandit on 12th of Nov 2020 at 02:37 pm
Interesting. That line can be matched with a descending one from
Monday to make a fairly good coil. Just a longer versio of the one
in your 15 min chart...
SPX 15 Minute- broke down
Posted by timebandit on 12th of Nov 2020 at 01:34 pm
SPX 15 Minute- broke down out of descending triangle and is knocking on upper trendline across Sept and Oct tops. Daily 9 ema at 5496 area.
VXX Daily- bounced off lower trendline of descending wedge 3 days ago. As Steve would say, moving averages bearishly stacked above, upper trendline in the 25 area, beyond that the 200 ma near 31.
$CRB:$TYX- ratio tracks inflation and correlates fairly well with $GOLD. Lately, gold has been flagging while the ratio continued lower. Curious to see which wins out. Momentum on the ratio appears to be bottoming.
Interesting. Thanks for the info,
Posted by rfa300 on 12th of Nov 2020 at 01:49 pm
Interesting. Thanks for the info, but I'm unable to open your links. I have a SC membership. Anyone else having this problem with SC?
Sorry, my bad. Should have
Posted by timebandit on 12th of Nov 2020 at 02:08 pm
Sorry, my bad. Should have tested them. Let me try to fix that:
SPX 15 Minute
VXX Daily
$CRB:$TYX
15min chart has a trend
Posted by mrjasongill on 12th of Nov 2020 at 02:10 pm
15min chart has a trend line it lost and just backtested https://www.tradingview.com/x/ruK0pWrF/
Interesting. That line can be
Posted by timebandit on 12th of Nov 2020 at 02:37 pm
Interesting. That line can be matched with a descending one from Monday to make a fairly good coil. Just a longer versio of the one in your 15 min chart...
Thanks! Much better!
Posted by rfa300 on 12th of Nov 2020 at 02:09 pm
Thanks! Much better!