claydoctor

claydoctor

Notes on chart.

claydoctor

This break out was significant on good (but not extreme) volume. If you build it you want to ship it. Usually if DRYS breaks out, it is a tell on a bullish market and/or economic effect, because manufacturer's place future reservations, to ensure they can ship the products later, once built. So looking ahead 6 months on this play... but after an initial pop, now...

claydoctor

Short the EURJPY AND EURUSD is on play now that Draghinomics has been introduced as a force to stimulate the Euro economy, by devaluing their currency(s) - (not just the Euro but all European currencies) , strengthening the Yen and Dollar as a result, and effecting the markets in a somewhat predictable manner, if history is an indicator. Add to the fact that...

claydoctor

EURJPY broke its long term trend a couple times here. First the purple trend line, year, was broken 5-8-2014,the shorter term daily broken 5-16-2014, and held resistance on 6-5-2014, and we broke the triangle patterns (double) 5-28 and 6-10-2014 to confirm. Bollinger suggests it continues along the lower band until further notice, and we will watch closely with...

claydoctor

Note the Bolinger indications... 2007, the RSI was dropping, yet the pair was volatile but highs remained level, without a lot of band restriction, with of course a significant drop in the pair and the markets. Then in 2011, both the slopes of RSI and the pair fell in tandem, band width tightened, and the drop was manageable and perhaps somewhat predictable. Now...

claydoctor

IWM should follow the pair EURJPY, and although the moves are exagerated in this comparison due to percentages IWM V EURJPY, the peaks and valleys are matched. Note the two channels and how they relate. When the central banks acts, they lead, when the economy acts, it leads. But it has been the central banks show for a while now, obviously. Until they get out...

claydoctor

ECB fighting deflation, will stimulate until the desired effects are noticed, devaluing the Euro as much as necessary. However, BOJ knows well what adverse effects this can have on their currency strengthening, and they have not said they would act to stimulate and ease further, but this is war and all is fair in love and it. Until BOJ acts, I see this pair...

claydoctor

TNA HS

claydoctor

Looking an aweful lot like 2011

claydoctor

notes on chart

claydoctor

Just posting yet another chart to show this entire market is based on currency wars, and the battles being played out. The market is entirely reactive to them. Earnings, MA, buy backs, etc. all individual events lower scale having daily influences, but it is always back to the currencies, and whatever QE stimulus the Yen, The Euro, and the Dollar have that day. ...

claydoctor

If we look at thew broader view, the clarity is shocking. Could it be this simple? IWM completes the descending wedge (with minor peaks and valleys along the way, i.e. June 5th ECB, then BOJ next week, then FED, then other currency wars & rumors of wars, etc.) until it reaches again the pivot point of 107.24 ish, and then has to make a major moment there.

claydoctor

I am better at playing the TZA versus the TNA side of the Russell. But, these patterns and my theory of currencies driving this market, actually that is the world banks, effecting the currencies, effecting the markets, it is hard not to admit that these two similar triangles are in play, and the same result should result... which means the banks, and currency...

claydoctor

WFM new normal range, and this sector should balance out in this valuation range also, IMO. Very distant yet connected lines, makes you go mmmmm.

claydoctor

IWM left the descending channel the other day on that very low volume pop. I was dismayed a bit, and just watched for a few days. But on 4-15 the same thing happened with higher volume, and popped right back into the channel. 4 or 5 more days until 6-5 ECB. Just enough time to touch the resistance, and break back down when the "watchers" play again, and the...

claydoctor

Tied these two together, literally, short term outlook, leading to June 5th. Let's all play, WHAT'S WRONG WITH THIS PICTURE. May 27th, they parted ways, when volume dropped. And, what does very low volume past few days mean? Pro players club waiting on ECB decision and how BOJ and FED will respond, or its May and they have gone away? Watch action until then...

claydoctor

I was neutral on this repeat triangle formation. Rise, consolidation, drop to bottom long term trend line. If the three tops were in line, I was suspect it to break down past the bottom trend line on the third triangle, third descent. But SPY pattern are higher highs and high lows. Note the smaller time frame and lower volumes each triangle, which makes me...

claydoctor

Notes on chart. Comments, research help is welcomed.