TNA opened up 1.6%. 8th up opening in 10 days. Gap today was filled, and TNA was up 1.6% at the high. TNA closed down 0.2%.
We are in a Full Moon Trade, which favors TNA. After ten days, this trade is up 24%.
Volume for TNA was fairly high (3rd highest in 13 trading days)
$RVX (VIX for $RUT) closed 0.8% lower with TNA down 0.2%. A small divergence. A little bit good for TNA.
TNA was slightly down today, before this had been up 20 of the past 22 days.
The high for TNA today was $55.10, highest high since November of 2008)
Ultimate Oscillator for TNA peaked at 78 fourteen trading days ago and has generally fallen since then but has remained above 50 and is currently 69. Indicating continued strength for TNA.
Bollinger Bands for $RVX (VIX for $RUT): today’s candle touched the Bollinger Mid Line and fell back (2nd day in a row). The lower Bollinger band is rising. Looks like $RVX might no longer be rising, which is good for TNA.
Bollinger Bands for $RUT: The black candle for $RUT moved farther from the rising upper Bollinger Band, indicating that $RUT might pause here or begin falling. Not good for TNA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): today’s candle rose again moving toward the upper Bollinger band. Hard to read as the upper band is off the chart, but perhaps indicating that TNA will continue to rise.
In spite of closing lower today, TNA had a higher high and a higher low – good for TNA.
The TNA candlestick today seems to imply a down day for TNA on Monday. I will post the AmericanBulls candlestick interpretation a bit later.
Overall, it looks like TNA might fall Monday. (Candlestick trumps everything else)
Sundancer, each indice also closed with 3 6's in them (if you turn the 9s upside down), and the last two digits on each of them were a 6 or a 9. Quite eerie.
Sorry to keep bothering you Sundancer but I thought if the VIX closed below 17.95 today (which it did), that meant the market would melt up next week which would be bad for the bears?
***if*** the market breaks to the downside next week it will be much bigger than most people expect, there's very little to room on the 60 min as the max contain pt. is @ 113.35 and rising rapidly every hour
given that the $VIX didn't make any new lows this week, it looks like it's on the launching pad to me
***if*** there is a gap down on monday, it's going to create some interesting setups
GS-daily chart
http://www.flickr.com/photos/47091634@N04/44282…
nice post
TNA opened up 1.6%. 8th up opening in 10 days. Gap today was filled, and TNA was up 1.6% at the high. TNA closed down 0.2%.
We are in a Full Moon Trade, which favors TNA.
After ten days, this trade is up 24%.
Volume for TNA was fairly high (3rd highest in 13 trading days)
$RVX (VIX for $RUT) closed 0.8% lower with TNA down 0.2%. A small divergence. A little bit good for TNA.
TNA was slightly down today, before this had been up 20 of the past 22 days.
The high for TNA today was $55.10, highest high since November of 2008)
Ultimate Oscillator for TNA peaked at 78 fourteen trading days ago and has generally fallen since then but has remained above 50 and is currently 69. Indicating continued strength for TNA.
Bollinger Bands for $RVX (VIX for $RUT): today’s candle touched the Bollinger Mid Line and fell back (2nd day in a row). The lower Bollinger band is rising. Looks like $RVX might no longer be rising, which is good for TNA.
Bollinger Bands for $RUT: The black candle for $RUT moved farther from the rising upper Bollinger Band, indicating that $RUT might pause here or begin falling. Not good for TNA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): today’s candle rose again moving toward the upper Bollinger band. Hard to read as the upper band is off the chart, but perhaps indicating that TNA will continue to rise.
In spite of closing lower today, TNA had a higher high and a higher low – good for TNA.
The TNA candlestick today seems to imply a down day for TNA on Monday. I will post the AmericanBulls candlestick interpretation a bit later.
Overall, it looks like TNA might fall Monday. (Candlestick trumps everything else)
Sundancer, each indice also closed with 3 6's in them (if you turn the 9s upside down), and the last two digits on each of them were a 6 or a 9. Quite eerie.
Hmmm. Satan behind the markets then 🙂
Ok, thank you.
for those with eagle eye's will notice the $SPX close, another sun ritual in the books
1149.99 (6=9) 1146.66 ; clever clever operators
***if*** the $VIX behaves like it has since the week of 8/13/07 then the $VIX is going to close lower next week
the *** being we have parabolas on the daily charts, the parabolas can continue their climb into a total blow off or break hard at any time
Sorry to keep bothering you Sundancer but I thought if the VIX closed below 17.95 today (which it did), that meant the market would melt up next week which would be bad for the bears?
5
***if*** the market breaks to the downside next week it will be much bigger than most people expect, there's very little to room on the 60 min as the max contain pt. is @ 113.35 and rising rapidly every hour
given that the $VIX didn't make any new lows this week, it looks like it's on the launching pad to me