It's clearly not participating in the rest of markets' rally. The market seems so quiet now, and the blogsphere seems dead. It's like all the bears are asleep now.
I agree with you Al, I HATE that Green arrow! It's sucks that the TA's only work one way! The work perfectly when you are oversold, but when you are overbought, they don't work.
The market ignores the overbought, and continues higher. This bull market would be so bad, if it wasn't such total bullshit.
It's 100% manufacture… not if's, and's, or but's about it!
As for Goldman, no I hadn't heard anything about criminal charges, only civil charges. So far, it has affect the market after hours. Do you have a link about it?
Yeah…I usually to like that Green arrow…but not anymore. It is all about manipulating. —Just heard from a friend that U.S. considers criminal charges for Goldman…anyone hear any thing?
I guess filling those gaps what the market what's too do first. Let's see if they get them all filled today. I still think this is a fake out, and we will have more selling coming.
Here is a nice clue. Notice the huge gap on the today-yesterday VIX? Looks like it needs to close the gap on this one and soon. Looks like a revisit to the down side soon.
TNA had a Wait signal, was up a lot today, and has a highly reliable BUY-IF for tomorrow. The TNA sell was at $69.05 (AB price), and the close today was at $69.53, up 0.7% since the sell. The candlestick today was a Long White Candlestick (strong buying pressure). The last two candlesticks formed a highly reliable Bullish Kicking Pattern.
TZA had a Hold signal, was down a lot today, and now has a highly reliable SELL-IF signal for tomorrow. The TZA buy price was $5.54. TZA closed today at $5.44, down 10 cents since the buy. The candlestick for today was a Black Candlestick (normal selling pressure). The last two candlesticks formed a highly reliable Bearish Kicking Pattern.
Three recent TZA Buy signals have failed and may perhaps serve as a warning: Buy at $7.33, sell at $7.14 Buy at $7.11, sell at $7.05 Buy at $7.04, sell at $6.51 Buy at $5.54, down 1.8%
For that matter, recent TNA Buy signals (until the last one) have also been uninspiring: Buy at $55.36, sell at $55.43 Buy at $55.69, sell at $55.63 Buy at $56.50, sell at $69.10, up 22.3%
Summary of Positive $RUT based ETFs & a few popular ETFs & stocks (Market positive): +8 Hold: GLD(gold, up 2.2%), EWU(England, down 4.1%), SLV(silver, up 7.0%), UCO (2x oil) New Confirmed Buy: QQQQ, DIA, SPY, USO(oil)
Transition to Market Positive: +6 Possible Buy: TNA(3x), UWM(2x), IWM(1x), EWQ(France), EWG(Germany), AMZN,
Comment: Somewhat Bullish overall, Bullish Oil, Bullish $RUT, Bearish Real Estate Action for TNA or TZA for tomorrow: Possible sell of TZA, possible buy of TNA
Post it here if you don't mind…
Thanks
Red,
There is a link on DrudgeReport
Carl at day’s end:
1192-1205 estimate for today (13 points)
1195.75–1206.25 actual today (10.50 points)
Close enough.
Trades:
In /ES at 1197.25 & 1201.50 – did not sell. Currently 1205
Grade: B (looks like money gets made tomorrow)
It's clearly not participating in the rest of markets' rally. The market seems so quiet now, and the blogsphere seems dead. It's like all the bears are asleep now.
Kinda like being in the eye of a storm…
I agree with you Al, I HATE that Green arrow! It's sucks that the TA's only work one way! The work perfectly when you are oversold, but when you are overbought, they don't work.
The market ignores the overbought, and continues higher. This bull market would be so bad, if it wasn't such total bullshit.
It's 100% manufacture… not if's, and's, or but's about it!
As for Goldman, no I hadn't heard anything about criminal charges, only civil charges. So far, it has affect the market after hours. Do you have a link about it?
FTSE is underperforming the SPY today.
http://finance.yahoo.com/echarts?s=^FTSE#chart1…
Yeah…I usually to like that Green arrow…but not anymore. It is all about manipulating. —Just heard from a friend that U.S. considers criminal charges for Goldman…anyone hear any thing?
I guess filling those gaps what the market what's too do first. Let's see if they get them all filled today. I still think this is a fake out, and we will have more selling coming.
Here is a nice clue. Notice the huge gap on the today-yesterday VIX? Looks like it needs to close the gap on this one and soon. Looks like a revisit to the down side soon.
APPL closed the gap today as well
The Daily view from Americanbulls
TNA had a Wait signal, was up a lot today, and has a highly reliable BUY-IF for tomorrow. The TNA sell was at $69.05 (AB price), and the close today was at $69.53, up 0.7% since the sell. The candlestick today was a Long White Candlestick (strong buying pressure). The last two candlesticks formed a highly reliable Bullish Kicking Pattern.
TZA had a Hold signal, was down a lot today, and now has a highly reliable SELL-IF signal for tomorrow. The TZA buy price was $5.54. TZA closed today at $5.44, down 10 cents since the buy. The candlestick for today was a Black Candlestick (normal selling pressure). The last two candlesticks formed a highly reliable Bearish Kicking Pattern.
Three recent TZA Buy signals have failed and may perhaps serve as a warning:
Buy at $7.33, sell at $7.14
Buy at $7.11, sell at $7.05
Buy at $7.04, sell at $6.51
Buy at $5.54, down 1.8%
For that matter, recent TNA Buy signals (until the last one) have also been uninspiring:
Buy at $55.36, sell at $55.43
Buy at $55.69, sell at $55.63
Buy at $56.50, sell at $69.10, up 22.3%
Summary of Positive $RUT based ETFs & a few popular ETFs & stocks (Market positive): +8
Hold: GLD(gold, up 2.2%), EWU(England, down 4.1%), SLV(silver, up 7.0%), UCO (2x oil)
New Confirmed Buy: QQQQ, DIA, SPY, USO(oil)
Transition to Market Positive: +6
Possible Buy: TNA(3x), UWM(2x), IWM(1x), EWQ(France), EWG(Germany), AMZN,
Transition to Market Negative: none
Market Negative: -8
Wait: GOOG, ERX(3x energy), EWX(emerging mkts), AAPL, IYR(1x RE), URE(2x RE), DRN(3x RE), GS
Comment: Somewhat Bullish overall, Bullish Oil, Bullish $RUT, Bearish Real Estate
Action for TNA or TZA for tomorrow: Possible sell of TZA, possible buy of TNA