12 replies to this topic

[mss]

I was asked to post some of my charts with a short explanation as to what they suggested as to trends etc.
All charts will update, some sooner than others.

This is a 60min chart with MACD 3,13,1 overlaid on price which gives a close suggestion of price movement. If you watch it close as to the changing levels you often get a early move indication.

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=2&dy=0&i=p55170505277&a=115469967&r=110.png

This chart gives a longer time view and sometimes suggests R & S lines/turns early.

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=2&dy=0&i=p03660421365&a=155480058&r=428.png

This chart gives suggested trend changes and indicated levels. Current indication is 700 - 695.

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=2&dy=0&i=p35251818485&a=155480059&r=679.png

This chart indicates the relationship between price movement and the above/below ratio of $spx/$vxo to the 89EMA of that line. Below 89 EMA price trends down & above price rises.

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=1&mn=6&dy=0&i=p18701080765&a=155481023&r=882.png

This weekly chart suggest that the "bear" is in full force and has a way to go before a bottom is formed. Bounces we will get, but nothing yet suggests a bottom forming.

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=1&mn=0&dy=0&i=p16789144079&a=155481024&r=127.png

Comments and questions welcome.

mss

[skyymaster]

Thanks for the charts. I am curious, when you say "If you watch it close as to the changing levels you often get a early move indication." Can you provide an example in the chart or later today should there be a changing level? I am just trying to see what changing level you are referring to, I assume Macd. If so, then I assume you are saying it will change prior to change in price.

[mss]

Thanks for the charts. I am curious, when you say "If you watch it close as to the changing levels you often get a early move indication."

Can you provide an example in the chart or later today should there be a changing level?


I am just trying to see what changing level you are referring to, I assume Macd. If so, then I assume you are saying it will change prior to change in price.

Correct on the 3,13,1 MACD level. it will often change direction or lean or stall or rise NOT in direct sync with price.

Often is key word, NOT always.

Later today when time allows I will try and add a time line or two.
Best, mss

[skyymaster]

Keep the charts posted or updated ! Still Watching your levels

[mss]

If you happened to be watching the 30min & 60min charts (or just 60min) and caught the BLUE DASHED LINE down tick and the price went up some and the MACD followed but did not pass the last top as the price tick turned down, Macd dropped faster. Not always this clear but lots of time and it may reverse at any time.

[skyymaster]

I did, thanks. I got out of my longs when dow was up 70 points

[skyymaster]

Look similiar to the move made on Nov 27-28, with divergence down in place

[mss]

These are still good charts IMO, but a new sort of view is now in play.
The NYA appears to be range bound between 5250 - 5750 UNTIL we get a break up/down.

http://stockcharts.com/c-sc/sc?s=$NYA&p=W&yr=0&mn=6&dy=0&i=p08873266121&a=156253083&r=1835.png

mss

[mss]

Here is the new chart. watch all the indicators.

http://stockcharts.com/c-sc/sc?s=$ONE:$VXO&p=W&yr=5&mn=6&dy=0&i=p38053969550&a=130840936&r=2571.png

[mss]

Some modifications have been made to charts, but they still up date. Watch the last one close. mss

Edited by mss, 05 January 2009 - 10:54 AM.