Friday, November 16, 2012
This is a good place to get long for a Short term rally.
Personally I think the low was yesterday Thursday and Friday should open firm and not look back.
#1 upvol up an a down day is bullish
#2 trin .68 I have. bullish
#3 All of yesterday charts. bullish
#4 todays charts. P&F looking at 1390 .
Has lowered the longer term to 1250 from 1290
My indicators are seeing the area around 11-25-11
and 5-18-12 where we had sharp rallies.
Cycles are looking for some movement.
This is for fun and games.
Posted by Jerry at 12:38 AM
Wednesday, November 14, 2012
You need volatility to get a crash and vix is low.
Yes we are in AGET wave 3 a crash wave but don't see it with other works.
Bullish view #1 Chart on left has big red volume where other bottoms have formed.
Can that tangle of angles stop the drop?
WE ARE IN BUY MODE.
Volume and oversold models say up to Friday.
Posted by Jerry at 11:23 PM
Future are up sharply but I still think we are down Wednesday.We do have the vix +spx saying UP
#1-My bear view is this chart shows the volume in bearish mode under blue lines
My parabolic indicator also looks for a down or at least a lower low. for Wednesday.
As far as being OB/OS I'm close to being OS but not there yet in the SPX, nor the Nas. We need a thud down.
Posted by Jerry at 1:12 AM