A short note. For Monday Jan 5th a possible buy will come at Spx cash 2060 and Vix 15.72. Not saying at this early date it will happen.
Jerry
Trending the SP500 SPX using proprietary cycles. A mechanical program (excel formula's) and the use of Advanced Get (Elliot waves) to both visually show what my spread sheet offers and how Advanced Get understands it. I'm also using a MOON COUNT that has been working nicely! Use at your own risk to supplement your own work. Jerry
Saturday, January 3, 2015
Tuesday, December 30, 2014
Caution UPdate Tuesday close
Went to a sell today on SPX MA cross and VIX MA cross.
Still will keep a caution flag up. Problem Vix sell is at a higher then normal level and 2 the seasonal are very bullish,3 a 1 day sell you got to be fast and nimble.
We need to be cautious here. No sell yet ,but the $Rut out performing could mean that the big stocks will be flat, and it is catch up time for the small caps ( my hope). Or it could be a considered speculation running wild.
Lets look at the 4.94% model and the charts shows it could be real greed.
The ATR is also about where I have my support line.
click chart to enlarge
Looking at the $VIX just notice where the circles are located.
Once the bars cross the green MA it's a sell signal. I only point this out because today's bar is right on it.
I think you will know soon where we are going.
So FWIW Jerry O
Still will keep a caution flag up. Problem Vix sell is at a higher then normal level and 2 the seasonal are very bullish,3 a 1 day sell you got to be fast and nimble.
We need to be cautious here. No sell yet ,but the $Rut out performing could mean that the big stocks will be flat, and it is catch up time for the small caps ( my hope). Or it could be a considered speculation running wild.
Lets look at the 4.94% model and the charts shows it could be real greed.
The ATR is also about where I have my support line.
click chart to enlarge
Looking at the $VIX just notice where the circles are located.
Once the bars cross the green MA it's a sell signal. I only point this out because today's bar is right on it.
I think you will know soon where we are going.
So FWIW Jerry O
Sunday, December 28, 2014
Not picking a top
With a market this volatile I would like to point out I'm still bullish.
But nothing goes straight up and we have warnings.
We could be at risk of hitting the 2060 line in a flash. Advanced Get has issued a RED bias as a warning some work real well.
We are at a point where a minium wave 5 has hit and the crossing of the auto trend line, near the yellow horizontal .Congestion for sure. Jerry
click chart to enlarge
Looking at FSC we need to break out above $8.16
But nothing goes straight up and we have warnings.
We could be at risk of hitting the 2060 line in a flash. Advanced Get has issued a RED bias as a warning some work real well.
We are at a point where a minium wave 5 has hit and the crossing of the auto trend line, near the yellow horizontal .Congestion for sure. Jerry
click chart to enlarge
Looking at FSC we need to break out above $8.16
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