Friday, August 7, 2015

Low unfolding but could be next week

Here we have the Stockcharts !STVOSPX INDICATOR. It gave a sell yesterday when it crossed the MA. on the 5th. On the other hand my excel parabolic indicator calls for a low tomorrow the 7th.
Since the PI calls for a low tomorrow but I usually get a second PI signal I will go with the !S indicator.
If we don't get a lower low tomorrow then the low will move to early next week .

Wednesday, August 5, 2015

Big drop this week!

Lets put up a chart of AAPL vs $SPX in red.
If AAPL is a leader and down yesterday $3.80  or 15% since its high then the stocks are going to stop pissing in the wind and drop. We had 2/1 declines,13NH/16/NL


Sunday, August 2, 2015

Low week?

I have had this week as a low for a week. Now is the time. Monday we need to break 2097 very fast that should turn the indicators down.
Friday drop just put them in holding pattern.
Will add a few charts one will be weekly of the SPX and how close it is to dropping out of the channel.
The second shows what is a rounding top.