Saturday, April 23, 2016

Random charts

 Bear Fund has some down room

 Beta stocks [playing catch up

 Weekly cumulative momentum breadth making higher high

 Daily price breadth retreating from extreme high. My take is choppy actions before seeing clear directional move
 RUSSEL 2000 A decisive move near resistance
 Small Cap / Large Cap Ratio showing improvement
 SPX Daily chart
 SPX Weekly minor negative divergence
 SPY Daily Reset overbought condition
 SPY Hourly series of higher lows and RSI in vicinity of bounce zone
 SPY Price Bar chart
VIX/VXV As long it is hanging near the red zone stocks can go higher but being EXTRA cautious here is not a bad idea

USD/JPY Similar action as 10/31/14

 AAPL sitting on fib and channel support waiting for ER on 04/26
CL Crude Oil above 45 PT: 50

DX Dollar Dollar Bill very likely of a breakout to upper channel and 200SMA


GC Gold holding TL

PFE Potential Buy on Pullback

LMT Lockheed Martin Tight range awaiting for ER 04/26

Wednesday, December 30, 2015

AMZN FB GOOGL LMT PFE WMT


Below are stocks that are running or ready for a short term bounce.


 $AMZN
 $FB
 $GOOGL
 $LMT
$PFE

$WMT: This could be stock of the year in 2016

Saturday, December 12, 2015

Three Peaks and Domed House (for fun only)


The project is still in construction phase. Please check back later for progress.

Approaching intermediate Low


Friday 12/12: SPX index drops -1.94%. It appears to be approaching oversold condition based on indicators I follow.
Zweig Thrust: 0.36854, reading below 0.4 is considered oversold. Friday reading is even lower than readings on 08/20 and 08/21.
Mcclellan oscillator (NYMO): -82.67, reading this low only occurred twice this year
Climax Gauge: -2.17; Reading below -2 usually means low is near, and bounce should be expected
VIX/VXV: 1.00041; As long reading does not exceed 1.05, tradeable bottom shall be expected

Sunday, November 15, 2015

SPX Near Term Outlook

Some charts on S&P 500 I'd like to share:

 $SPX DAILY: Potential Target: 1965s or 61% Fib level

 $SPX DAILY: Expect price to run through some or all of these gaps

$SPX WEEKLY: 23% Fib is probable target