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qqq with fibs,  61.8% at

Posted by elliotw on 27th of Sep 2019 at 07:42 pm

qqq with fibs,  61.8% at 184.84

qqq 60 min potential falling

Posted by elliotw on 27th of Sep 2019 at 07:40 pm

qqq 60 min potential falling wedge forming with Divergence.    Monitor on Monday in conjunction with $namo and $VXN

$Nymo still abobe bottom BB.

Posted by elliotw on 27th of Sep 2019 at 07:35 pm

$Nymo still abobe bottom BB.  $Namo has closed below bottom BB for second day in a row.   If tech closes down again on Monday, then expect a 3rd consecutive day down for $Namo below Bottom BB.  (And if that occurs maybe a bounce)

$Spx, Comp and a few

Posted by elliotw on 27th of Sep 2019 at 03:43 pm

$Spx, Comp and a few other indixes have given PMO crosses down through signal line.   But this could change in last 15 min.  So the All Market Buy PMO signal may cross below 66 today

SPX 60 min posted in

Posted by elliotw on 27th of Sep 2019 at 03:37 pm

SPX 60 min posted in a newsletter a few mths ago   MAs crossed down, Triple top?


https://stockcharts.com/h-sc/ui?s=%24SPX&p=60&yr=0&mn=2&dy=20&id=p34692722828&a=690030679&listNum=88

In the event that the $namo (nasdaq) or $nymo (NYa SPX) close below the bottom BB for 2 or 3 consecutive days, there is a higher probability of a bounce in the indices for a few days. Sometimes it can be a bottom. But not always. Matt/Steve have posted the stats back in May and August

$namo back below bottom BB

Posted by elliotw on 26th of Sep 2019 at 10:13 pm

$namo back below bottom BB again.  Starting the count as the first day. Note Matt's stats to watch for potential 2nd or 3rd consecutive days below bottom BB

$namo closed below bottom BB

Posted by elliotw on 24th of Sep 2019 at 07:32 pm

$namo closed below bottom BB Today.  Keep and eye out for a potential 2nd or 3rd close below in the coming days

Nice comparison 

You are welcome

$pmoall market indicator went on

Posted by elliotw on 31st of Aug 2019 at 12:32 am

$pmoall market indicator went on a buy today 

$bpspx close to flipping back

Posted by elliotw on 28th of Aug 2019 at 07:11 pm

$bpspx close to flipping back short again

Thanks

Gold with COT

Posted by elliotw on 11th of Aug 2019 at 06:22 pm

Thanks

Gold commercials.   Net short

Posted by elliotw on 10th of Aug 2019 at 04:33 am

Gold commercials.   Net short looks to be -324k.  Can you please confirm in newsletter Matt.  Thanks 

Bottom TL of rising wedge

Posted by elliotw on 5th of Aug 2019 at 04:45 pm

Bottom TL of rising wedge decisively taken out today

$nymo and $namo will be

Posted by elliotw on 5th of Aug 2019 at 04:14 pm

$nymo and $namo will be 3rd day well under BB today. stretched to down side

With the high probability could do a sept out of the money call to increase leverage. Say a 296 sept call 

Yes I save your brilliant breadth charts in a folder and review weekly and some Martin Pring charts on stockcharts .com blogs   Watching for a third day close below. Bb for nymo.     Last time you pointed this out there was a strong rally.  Maybe worth a close mth call option if nymo. Name closes 3 times down under bb

$nymo and $namo close below

Posted by elliotw on 2nd of Aug 2019 at 06:53 pm

$nymo and $namo close below bottom BB for second day in a row. ($CPCE is also at a high level). Setting up well for a short term bounce

https://stockcharts.com/h-sc/ui

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