14 replies to this topic

[Trend-Signals]

FWIW....my AIQ software is giving a 98 up rating tonight for the dow/nyse...that is very high and it would be very rare for it not to lead to a rally.

Hi Russ,

"Giving a 98 up rating?"

You are a bear, so that could be a trap?


DAILY PRICE ACTIONS.... BEAUTIFUL BOTTOMS MAY GO WASTED!!

http://www.stockchar...09398&r=568.png
http://www.stockchar...77535&r=859.png

http://www.stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=2&dy=15&i=p73797548221&a=79285156&r=517.png
http://www.stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=9&dy=0&i=p22232131775&a=76929034&r=724.png

Edited by Trend-Signals, 14 August 2007 - 07:39 PM.

[Trend-Signals]

Lower volume selling positioning for negative market reaction going into CPI number

Too good to be true - the fast, quick bear fortune!

Markets are now showing positive divergences... but until we see price trading up... up...


http://www.stockchar...00102&r=822.png
http://www.stockchar...00102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$COMPQ&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$MID&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$SML&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$NYA&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=XLE&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png

Edited by Trend-Signals, 14 August 2007 - 07:51 PM.

[Trend-Signals]

It is unbelievable that markets are throwing tamper tandrum with high volatility with subprime drama... in 2-3 weeks, markets sold off... Markets were quiet before 7/19. The China sell-off was a real style while US style is a subprime drama torture - bear fortune cookies: Nasdaq 8.51% DOW 7.23% SPX 8.28% Qs 7.9%

[Trend-Signals]

Breadth and Price Action Positive Divergences

As noted above, intraday and daily price actions show positive divergences.

Furthermore, most of market breadth shows extremely oversold levels and some to the 2002 level. Also, those are, now, showing positive divergences as shown below, as an example.

http://www.stockcharts.com/c-sc/sc?s=$NAHL&p=D&st=2002-01-01&i=p25111625053&a=78651973&r=306.png


http://www.stockcharts.com/c-sc/sc?s=$NALOW&p=D&st=2002-01-01&i=p15756359942&a=62867880&r=917.png

Edited by Trend-Signals, 15 August 2007 - 03:14 AM.

[Trend-Signals]

$USD breaking above resistance, 81.25, after bouncing off from 80.
http://stockcharts.com/c-sc/sc?s=$USD&p=D&yr=0&mn=8&dy=0&i=p08586127611&a=112646184&r=666.png

Edited by Trend-Signals, 15 August 2007 - 03:48 AM.