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23 May 2024

Posted by OEXCHAOS in Fearless Forecasters

Watch that VIX into the close. If strength holds or increases that is a good hint that the decline may have a little staying power.



  358 Views · 0 Replies


Risk Windows for This Week and Make Hay While the Sun Shines

22 May 2024

Posted by Douglas in Fearless Forecasters

Better late than never I suppose.  Been busy this week with visitors from America.  The risk window this week stretches from today, Wednesday May 22nd, thru Friday the 24th, a bit wide with the highest reading today.


Last week's Tuesday risk window caught a low and Thursdays caught the first high in a double top of some degree with the Monday the 20th one catching the second part, not too shabby.



The QQQ low volume top indicator that I posted about is screaming sell once again.  Maybe this time it will work, but given NVDA's earning out after the close, I can't imagine that there won't be an index rally tomorrow of some sort for at least a while, but at some point NVDA's crazy money making machine is going to foment some serious competition which I'm sure is working 24/7 on their own AI chip design.  When  that alternative comes to light, NVDA's going to hit a stop bridging air pocket as big as that flight to Singapore, but of course I suppose the brave can still make hay while the sun shines as long as they keep their seat belt fastened.






  278 Views · 4 Replies ( Last reply by Douglas )


Any Of You Guys Still Follow This?

22 May 2024

Posted by OEXCHAOS in Fearless Forecasters

There was a time when readings over 135 were really good Sells.


  368 Views · 3 Replies ( Last reply by hhh )


Actual Position and Market Opinion Poll for Thursday 5/23/24

22 May 2024

Posted by OEXCHAOS in Fearless Forecasters


If the registration module isn't working for you, you can message us here or at admin@ this site and we'll set you up.

Remember, "Partially Long (or Short)" means less than your normal full position. E.g., If you typically use leverage, then 100% long would be "Partially Long".

Check out past Poll results here: http://www.traders-t...n-poll-archive/


  67 Views · 0 Replies


Heads up ... spx logs 5 days at 138.2% expansion

22 May 2024

Posted by chem in Fearless Forecasters

The cash market has reached the fib 38.2% expansion of the 2022 down wave, well actually 6 cents short but whose counting. The next logical termination point beyond 23.6 - 27.2 area for an expanded flat.


  182 Views · 0 Replies

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