you're a smart one, I like those who critically think
Now have you figured out why I have 390 in my handle? 390 is how many minutes there are in a trading day 390 = 3*9=27=999=666 There's the daily sun ritual
11:45 cst (11:9) is the half way point of the trading day, 15(555) minutes before HigH noon.
We are now in a New Moon Trade, which tends to favor TZA AmericanBulls had TZA with a Wait signal for today, with this trade in cash. Under AmericanBull’s Wait rules, nothing could have triggered a BUY, so this trade remains in cash tonight.
Volume for TZA today was in the high side of normal. Neutral for TZA.
$RVX (VIX for $RUT) closed down 1.35% with TZA down 2.2%. No divergence.
TZA was down for 6 days, up for 2 days, and down 2 days. Bad for TZA.
The low for TZA 4 days ago was $5.80, the lowest TZA price ever. Today hit a new low at $5.75. Bad for TZA.
Ultimate Oscillator for TZA fell for 9 days to 23, then rose for 2 days to 29, then fell 2 days to 25. Todays close is 6 cents lower and has an Ultimate Oscillator 2 points higher than 4 days ago, which forms a divergence. Good for TZA at some point, perhaps not tomorrow.
MACD on the monthly chart has been flat far below zero for days, and remains that way today. Bad for TZA.
Bollinger Bands for $RVX (VIX for $RUT): Today’s small black candle closed near yesterday’s close, a bit above the bottom Bollinger band. MACD seems to be flat. Looks like $RVX might fall tomorrow. Bad for TZA.
Bollinger Bands for $RUT: Today’s white candle for $RUT is a new high, headed towards the rising upper Bollinger Band. MACD seems to be rising. Bad for TZA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): yesterday’s white candle rose to close below the upper Bollinger band, and today’s tiny candle is right there as well. The upper Bollinger Band rose today. Three days after what appeared to be a successful 3-day sell signal, not at all sure the sell signal worked. Bad for TZA.
TZA had a lower high, lower low and lower close – Bad for TZA.
Money flow for the Total Stock Market: $1,037 million flowing out of the market 2 days ago $ 364 million flowing in yesterday. $1,144 million flowing in day. Bullish – Bad for TZA.
I will post the AmericanBulls candlestick interpretation a bit later.
Overall, it looks bad for TZA. However, futures are lower after hours.
another tip for the daytraders: when there is a large move going into the 11:36 cst (11:36 = 11:9) 3 min candle & volume shows up, fading it usually pays well; it's the start of a sun ritual
That was a nice chart of the Nasdaq you put up. We are clearly at some tough overhead resistance on it.
you're a smart one, I like those who critically think
Now have you figured out why I have 390 in my handle? 390 is how many minutes there are in a trading day
390 = 3*9=27=999=666
There's the daily sun ritual
11:45 cst (11:9) is the half way point of the trading day, 15(555) minutes before HigH noon.
Very nice blog. I will start following it. See mine.
http://midasfinancialmarkets.blogspot.com/2010/…
http://www.biblegateway.com/passage/?search=Dan…
We are now in a New Moon Trade, which tends to favor TZA
AmericanBulls had TZA with a Wait signal for today, with this trade in cash. Under AmericanBull’s Wait rules, nothing could have triggered a BUY, so this trade remains in cash tonight.
Volume for TZA today was in the high side of normal. Neutral for TZA.
$RVX (VIX for $RUT) closed down 1.35% with TZA down 2.2%. No divergence.
TZA was down for 6 days, up for 2 days, and down 2 days. Bad for TZA.
The low for TZA 4 days ago was $5.80, the lowest TZA price ever. Today hit a new low at $5.75. Bad for TZA.
Ultimate Oscillator for TZA fell for 9 days to 23, then rose for 2 days to 29, then fell 2 days to 25. Todays close is 6 cents lower and has an Ultimate Oscillator 2 points higher than 4 days ago, which forms a divergence. Good for TZA at some point, perhaps not tomorrow.
MACD on the monthly chart has been flat far below zero for days, and remains that way today. Bad for TZA.
Bollinger Bands for $RVX (VIX for $RUT): Today’s small black candle closed near yesterday’s close, a bit above the bottom Bollinger band. MACD seems to be flat. Looks like $RVX might fall tomorrow. Bad for TZA.
Bollinger Bands for $RUT: Today’s white candle for $RUT is a new high, headed towards the rising upper Bollinger Band. MACD seems to be rising. Bad for TZA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): yesterday’s white candle rose to close below the upper Bollinger band, and today’s tiny candle is right there as well. The upper Bollinger Band rose today. Three days after what appeared to be a successful 3-day sell signal, not at all sure the sell signal worked. Bad for TZA.
TZA had a lower high, lower low and lower close – Bad for TZA.
Money flow for the Total Stock Market:
$1,037 million flowing out of the market 2 days ago
$ 364 million flowing in yesterday.
$1,144 million flowing in day.
Bullish – Bad for TZA.
I will post the AmericanBulls candlestick interpretation a bit later.
Overall, it looks bad for TZA. However, futures are lower after hours.
for those that want to follow ritual timing sequences intra-day remember futures are traded in Chi-cago which is CST
another tip for the daytraders: when there is a large move going into the 11:36 cst (11:36 = 11:9) 3 min candle & volume shows up, fading it usually pays well; it's the start of a sun ritual
bears need a gap below it's favorite TL & then the harvest may begin
given the 4:15 close, it's less than 4.5 pts
I see a H&S on the 60 minute chart…
http://stockcharts.com/def/servlet/Favorites.CS…
Carl at day’s end:
1197-1209 estimate for today (12 points)
1195–1207.50 actual today (8 points)
Reality was just 1.5 to 2 points below Carl’s range.
Trades:
In /ES at 1201.50, out at 1197.00 (loss of 4.5 points)
Grade: D (lost some money)