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Yucky Technicals!


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#11 da_cheif

da_cheif

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Posted 25 July 2018 - 05:05 PM

Man! Last night, despite the rally, BP was down, Cumulative Breadth and A/D volume was down, and the ITBM was down. 

 

That's Bearish, to be sure.

 

OTOH, the OEX P/C, the VIX P/C and the Options Oscillator all gave Buys. 

That's Bullish, to be sure.

 

Also, there is exactly ZERO premium in Financial Commercial Paper vs. Non-Financial Commercial Paper.

 

I read this as an early warning in a generally constructive environment. But it's nervous making, to me, anyway!

 

M

nothing was wrong withem at all    https://www.siliconi...?msgid=31714746



#12 da_cheif

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Posted 26 July 2018 - 10:28 AM

AAII shows a dearth of bulls at 39%