Thank you. I am assuming you mean 117.72, 117.80 or 117.88? (as opposed to 1172, 1178, or 1188 since this is a wide range)? Isn't the 117.80 level where the teal line was yesterday? Wouldn't it be a little lower today? Looks like sometimes we overshoot the teal line by a bit.
I sold some SDS this morning, and I figure that it ought to hit a low tomorrow. If I buy more or not, I'm plenty short right now. In fact, I have more money committed to this project than at any time since early April. I've pretty much been trading options in order to protect the egg.
Glad you had a nice day! I took this afternoon off, and about flipped when I saw my computer screen after 4, all cartwheels under the 40dma. One thing I noticed was that at the upper price levels on the SP500, the difference between highs and lows was very compressed, evidence of short selling.
TNA opened up 3.6%, and the opening gap was not filled. TNA was up 9.5% at it’s high, and closed up 9.1%.
The gap from today $56.70 to $57.39 went unfilled.
We are now in a Full Moon Trade, which tends to favor TNA. AmericanBulls had TNA with a Hold today from a buy yesterday at $55.66. TNA closed at $61.89, up 11.19%. AmericanBulls had TZA with a Wait, and TZA was down today, so will be a Wait for tomorrow.
Volume for TNA today was about normal.
$RVX (VIX for $RUT) closed down 8.8% with TNA up 9.1%. No divergence, Good for TNA.
TNA had been down 4 days in a row, but now up 3 days. Good for TNA.
The low for TNA was from four days ago at $42.29. Today’s low was $57.39, 35.7% higher. Good for TNA.
Today, Ultimate Oscillator for TNA rose from 54 to 55 while TNA rose 9.1%. No divergence.
MACD fastline is below zero but rising. MACD slowline is above zero and falling. Good for TNA.
Bollinger Bands for $RVX (VIX for $RUT): Yesterday, $RVX completed a $RUT Buy Signal, and $RUT Was up sharply today. Today, $RVX fell again. MACD fast line was falling today. Good for TNA.
Bollinger Bands for $RUT: Today’s long white candle crossed above the 20day moving average. MACD appears to be rising. Good for TNA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): The white candle today was up from yesterday, consistent with TNA rising. Good for TNA.
NYSE up volume was 6.4 times the down volume today – good for TNA. TNA had a higher high, higher low and higher close – Good for TNA.
Money flow for the Total Stock Market: $ 2,881 million flowing into the market 2 days ago. $ 693 million flowing out the market yesterday. $ 858 million flowing into the market today. Good for TNA.
I will post the AmericanBulls candlestick interpretation a bit later.
Interesting fractal. Thanks for sharing!
those numbers are MA, but they won't be quite the same as mine if your using a standard brokerage platform
$SPX 120 setup 4 (1111)
http://www.flickr.com/photos/47091634@N04/46019…
We'll see if this time is different, the 4(1111)*120 unit ritual
Thank you. I am assuming you mean 117.72, 117.80 or 117.88? (as opposed to 1172, 1178, or 1188 since this is a wide range)? Isn't the 117.80 level where the teal line was yesterday? Wouldn't it be a little lower today? Looks like sometimes we overshoot the teal line by a bit.
72 or 80 or 88 depending on your brokerage tools
all the MA's are mult. of 8
Start with 3 different sequences & plot them on every time frame
Mine will be a little different than standard brokerage tools, but will at least give you a starting pt.
I sold some SDS this morning, and I figure that it ought to hit a low tomorrow. If I buy more or not, I'm plenty short right now. In fact, I have more money committed to this project than at any time since early April. I've pretty much been trading options in order to protect the egg.
Glad you had a nice day! I took this afternoon off, and about flipped when I saw my computer screen after 4, all cartwheels under the 40dma. One thing I noticed was that at the upper price levels on the SP500, the difference between highs and lows was very compressed, evidence of short selling.
TNA opened up 3.6%, and the opening gap was not filled. TNA was up 9.5% at it’s high, and closed up 9.1%.
The gap from today $56.70 to $57.39 went unfilled.
We are now in a Full Moon Trade, which tends to favor TNA.
AmericanBulls had TNA with a Hold today from a buy yesterday at $55.66. TNA closed at $61.89, up 11.19%.
AmericanBulls had TZA with a Wait, and TZA was down today, so will be a Wait for tomorrow.
Volume for TNA today was about normal.
$RVX (VIX for $RUT) closed down 8.8% with TNA up 9.1%. No divergence, Good for TNA.
TNA had been down 4 days in a row, but now up 3 days. Good for TNA.
The low for TNA was from four days ago at $42.29. Today’s low was $57.39, 35.7% higher. Good for TNA.
Today, Ultimate Oscillator for TNA rose from 54 to 55 while TNA rose 9.1%. No divergence.
MACD fastline is below zero but rising. MACD slowline is above zero and falling. Good for TNA.
Bollinger Bands for $RVX (VIX for $RUT): Yesterday, $RVX completed a $RUT Buy Signal, and $RUT Was up sharply today. Today, $RVX fell again. MACD fast line was falling today. Good for TNA.
Bollinger Bands for $RUT: Today’s long white candle crossed above the 20day moving average. MACD appears to be rising. Good for TNA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): The white candle today was up from yesterday, consistent with TNA rising. Good for TNA.
NYSE up volume was 6.4 times the down volume today – good for TNA.
TNA had a higher high, higher low and higher close – Good for TNA.
Money flow for the Total Stock Market:
$ 2,881 million flowing into the market 2 days ago.
$ 693 million flowing out the market yesterday.
$ 858 million flowing into the market today.
Good for TNA.
I will post the AmericanBulls candlestick interpretation a bit later.
Overall, good for TNA for tomorrow.
Sundancer – how can we get this teal line and other max containment points on the chart ?
Great I am short spy but also short gold (just a small position in Gold though). I guess i am on the wrong side!