kind of interesting developement

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s238330006]&disp=P

cheers

could be a text book breakdown and backtest.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218921777]&disp=P

while the CCI's are very high we have a brand new PSAR signal on both currencies.   so the pullback may be minimal....  Im layers some now for the looooong term.

global instability seems to be on the rise.

folks,,,  this is a whole new ball game this morning.

major dollar breakout

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s224230059]&disp=P

major euro breakdown

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218921777]&disp=P

europe equities ugly

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218732192]&disp=P

A perfect triangle , even cleaner than the dollar

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218921777]&disp=P

the 2X  long and short ETFs function nicely depending on the direction of the break.

Did'nt expect this.   Across the various classes of commodity ETFs energy/oil (relatively speaking) are the weakest over the past few years.   Go figure?

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s163683610]&disp=P

one of the weakest international groups with 2x+- ETFs (much weaker than SPX)

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s235660699]&disp=P

weekly still on sell after major trend break

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218732180]&disp=P

watch for a change on the daily PSAR for a buy of EPV

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218732192]&disp=P

take a look at the PSARs for the weekly charts.  fresh new buy

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s236022169]&disp=P

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s236094855]&disp=P

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s237828953]&disp=P

I have to admit thou,,  a bit suspect of these signals as the bank luqidity pump has been temporarily plugged.   ;-)

yes.      we've got record CCI spikes on both daily and 60 min charts - very rare indeed.Ive been sitting here backtesting this situation for the past few hours.High probability of a significant pull back upon trend line break or PSAR reversal or whatever signal you like to use to indicate a price direction change.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s162488959]&disp=P

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s162497802]&disp=P

http://www.zerohedge.com/article/irrational-exuberance-back-third-time

The NAMO does indeed have a bearish look.   Note the backtesting (red lines).

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s162488959]&disp=P

Almost perfect backtested results.

other indicators (like the tick) have a bearish reload.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s208587727]&disp=P

Long Term.   Interesting.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s238082247]&disp=P

you dont see this very often

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s172502148]&disp=P

most ETF classes now on sell (commodities, equities, currencies, international, etc).   looks like global luquidity is getting tight,,, doh!

Given history,, looks like some kind of bounce in the cards for the major US markets,,,,,,

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s208587727]&disp=P

in addition to the ugly news in the EU finance world

The euro just threw a PSAR short with an EMA cross that is also short.  Hmmmm.  note the trendline wayyyyyy below

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218921777]&disp=P

Europe equities ETFs look like a new short.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218732180]&disp=P

Many PnF charts on major bourses rolling over.

A damn fine mechanical trading system

weekly

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s223117545]&disp=P

daily

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s223118346]&disp=P

intraday

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s223118800]&disp=P

Matt/Tom/et. al.

I havent entered the current trade thus far due to family matters combined with other indicators pointing to more down side the last few days.    

Well, Am now considering entering the trade (at this now lower price).   Given the system and it's logic, would you take a position at this time?

thanks in advance

Weekly SPX PSAR new Sell

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s206018187]&disp=P

almost always predicts more down side in upcomming weeks.

Commodities still in sell

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s232689475]&disp=P

Dollar still on a sell

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218820698]&disp=P

several international on sell (but not having a significant sell off)

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218732904]&disp=P

looks like luquidity is in short supply???

For the general newsletters the old format is better as we old traders can skip the educational components we've seen before and get to the trades et al.

For special topics,  the new format is wonderful as it provides specificity.