I was not planning on doing a chart for-XAUUSD, but today I took a position long the-US Dollar-via-UUP. So, if the- UUP is strong then-XAUUSD and-GDX should be weak. Here is what I see: Most time horizon charts for-XAUUSD are very negative. 1. There has been a complete breakdown in the uptrend. 2. Sell Fractal. 3. The top middle indicator is a 13 interval...
Update: 7 Days ago I wrote that-OCLR had likely put in a bottom, and that the stock would have the possibility of "exploding" upward out of its double bottom. Today-OCLR jumped 20% at the open. Here is what I wrote 7 day ago: OCLR-is a provider of optical components, modules and subsystems for the core optical transport, service provider, enterprise and data...
From a technical standpoint, Here are the positives for-PYPL: 1. Currently a buy Fractal (highlighted in green box). 2. The top upper indicator is a 34 day moving average, and this is positive. Very strong. 3. The alligator is waking up and is feeding in the uptrend. 4. Prices are trading above the Ichimoku Cloud. 5. The Forward Momentum indicator (lower...
From a technical standpoint, Here are the positives for-TTMI: 1. Currently multiple buy Fractals (highlighted in green box). 2. The top upper indicator is a 34 day moving average, and this is positive. Very strong. 3. The alligator is waking up and should feed in the uptrend. 4. Prices are trading above the Ichimoku Cloud. 5. The Forward Momentum indicator...
From a technical standpoint, Here are the positives for-MCS: 1. Currently multiple buy Fractals (highlighted in green box). 2. The top upper indicator is a 34 day moving average, and this is positive. Very strong. 3. The alligator is feeding in the uptrend. 4. Prices are trading above the Ichimoku Cloud. 5. The Forward Momentum indicator (lower top) is...
OCLR-is a provider of optical components, modules and subsystems for the core optical transport, service provider, enterprise and data center markets. The Company provides various solutions for optical networks and interconnects driving the next wave of streaming video, cloud computing, application virtualization and other bandwidth-intensive and high-speed...
Since I last published an analysis for-PYPL, the stock did rise more than 10% to over $44. The last Fractal was a sell (rectangle). There is a continuation wedge in the chart formation, which is usually positive, but the forward indicator (lower top) has remained on the bottom, indicating lower prices 26 days into the future. The top lower indicator is a forward...
This is an update for those of you who follow-XAUUSD. There are STILL plenty of weak signs. From the chart action I would say the trend is down. Most time horizon charts for-XAUUSD are very negative. 1. There has been a complete breakdown in the uptrend. 2. Many sell Fractals (rectangle). 3. The top middle indicator is a 9 interval momentum of OHLC/4, and this...
Since I published "picking entry points" several hours ago before the market opened-TTMI has surged to an 18% gain in today's trading. Here is what I wrote: The chart above is for-TTMI. I have been long this stock many times. For stocks or assets that are trending, look for entry points along some sort of repeating cycle. Above, TTMI-had a draw-down, but if you...
The chart above is for-TTMI. I have been long this stock many times. For stocks or assets that are trending, look for entry points along some sort of repeating cycle. Above, TTMI-had a draw-down, but if you look at the top three indicators, they are all strong. TTMI-tends to follow the alligator higher, with the lows coming at the blue line, the alligator's...
Most time horizon charts for-CAT are very negative. Here are my top ten reasons why: 1. There has been a sagging in price structure. 2. Sell Fractal (10-21-2016). 3. The top middle indicator is a 13 interval momentum of phase energy, and this is negative, below the zero line. 4. The top indicator is a 34 interval momentum reading of the CAT-price (OHLC /4)....
I published a chart for-PYPL on September 8, 2016. I listed reasons for an upside breakout. Here is what I wrote. I am always looking for chart breakouts -up or down. Please consider the chart of-PYPL. 1. Buy Fractals. 2. CHOP line (below chart) sinking out of the shaded area, below 38.2, indicating a new TREND. 3. CHOP ZONE, below CHOP, is green, indicating...
I am not a fan of-XAUUSD-or-GDX. Many people are calling for higher prices. They did this at $1330 also. If you liked-gold at $1330 I guess you will really like it at $1260. Both gold-and-silver may have a technical bounce, but beware. The charts are indicating more weakness. Most time horizon charts for-SLV are very negative. 1. There has been a complete...
This is an update for those of you who follow-XAUUSD. There are STILL plenty of sharks in the water. From the chart action I would say the trend is down. Most time horizon charts for-XAUUSD are very negative. 1. There has been a complete breakdown since the wedge was violated ( see chart from 12 days ago ). 2. Many sell Fractals (rectangles). 3. The top middle...
This is an update for those of you who follow-GDX. I last published a chart for-GDX six days ago. There are STILL plenty of sharks in the water. From the chart action I would say the trend is down. Most time horizon charts for-GDX are very negative. 1. There has been a complete breakdown since the wedge was violated ( see chart from 12 days ago ). 2. Many sell...
Part 3. Three days ago I published Parts 1 and 2 for the-S&P and-IWM. (2,500 stocks total). I wanted to share with you the emerging markets. In my opinion they are weak, trend-less with a downward bias, and the risk/ reward ratio is to the down side. VWO-is an ETF consisting of shares in the following countries: China 23.23% Taiwan, Province of China ...
Part Two. The Rullell-2000-as shown by-IWM. Kind of looks like the-S&P-500, doesn't it? This is an extremely difficult market in which you will find winning stocks . The-Russell-2000 (as measured by-IWM) has gone sideways. You have to be very good to select the end of the draw-down periods and go long in the winners. The rotation into and out of stock groups...
This is an extremely difficult market in which you will find winning stocks. The-S&P 500 (as measured by-SPY) has gone sideways for 18 months. You have to be very good to select the end of the draw-down periods and go long in the winners. The rotation into and out of stock groups has been fast and furious. As for-SPY: I detect a bearish AB=CD harmonic...