The Accumulation levels on the NYA Index showing a Danger Possibility.

TweetDanger, but Hanging on by a Thread? Below is our tracking of Accumulation levels on the NYA Index (the NYSE Index). The Accumulation levels on the NYA Index had a down tick that was below its red AND gray trend lines which was a Danger Possibility. But … it was still in a mixed trending […]

Not so good … is the wedge pattern on the SPY’s weekly chart.

TweetNot so good … is the wedge pattern on the SPY’s weekly chart. Yes, the short term Inflowing Liquidity has been positive and up trending.  The affect of the Liquidity can be seen on this weekly chart of the SPY.   As expected, the SPY has been moving higher, but is getting very close to its […]

A Reality check with the NYA’s Accumulation/Distribution …

TweetThe Updated Accumulation/Distribution Chart for the NYA Index (as of yesterday’s close) is now posted below … Many Institutional Investors prefer to follow the NYA Index for a reality check.   With Inflowing Money going into a mixed group of sectors, it is sometimes hard to follow. The Accumulation/Distribution chart for the NYA Index is shown below.    […]

What happens if the VIX can’t go below 13.05?

TweetWhat happens if the VIX can’t go below 13.05? What is special about 13.05?  Today’s chart shows why it is a level to pay attention to. First, we inverted the VIX portion of the chart so that it tracks in the same direction as the NYA Index.  Pay attention to the two solid red lines on […]

Protected: An Old Time Trader’s Advice …

There is no excerpt because this is a protected post.

What’s happening to the VIX’s dangerous “Circle Pattern”?

TweetWhat’s happening to the VIX’s dangerous “Circle Pattern”? Every couple of years, this “Circular VIX Pattern” has been showing up.  It is a pattern where you can draw a circle off the VIX lows, and once you move to the half way point past the middle of the circle … the support starts to move up which […]

Is the upside potential worth the downside risk?

TweetAftershocks from a nervous market … After a sizeable earthquake …  “Omori’s law states that the rate of aftershocks decreases quickly with time. The rate of aftershocks is proportional to the inverse of time since the main shock. Thus whatever the odds of an aftershock are on the first day, the second day will have […]

Update on last week’s rare VIX pattern appearing again …

TweetUpdate on last week’s rare VIX pattern appearing again … Last week’s comments are found first, followed by today’s comments below … Last week’s comments: This 12 month VIX chart shows a pattern that is fairly  rare. This chart pattern has appeared a number of times in the past and has  been pretty accurate. The […]

Is this a Dangerous Technical Formation?

TweetIs this a Dangerous Technical Formation? One of the oldest technical patterns is known as a Head & Shoulders Pattern.   It is regarded as a reversal pattern that occurs after an up trend. The pattern can be recognized because it has a distinctive Left Shoulder (L.S.), a Head, and a Right Shoulder (R.S.) as seen […]

A Rare VIX Pattern is Appearing Again…

TweetToday’s 12 month VIX chart shows a pattern that is fairly rare. This chart pattern has appeared a number of times in the past and has been pretty accurate. The pattern is where the VIX’s support level is the bottom of a circle and the touch points follow the bottom of the circle. The difference […]