wstander

wstander

All of these normally are in downtrends. Higher is worse!

wstander

If you don't know what these mean ask Perplexity AI, et al. You want to own assets with decreasing volatility. You want to sell assets when volatility increases. In fact the CTA funds, have a volatility control metric for buy or selling.

wstander

For me it's important to look back. You could have the same view with commodities and commodity producers, which ended a similar period of a bear cycle and are reborn. This shows the decade+ channel, Fib levels of this entire move since 2009.

wstander

Just an update, these patterns have not changed much. The Bullish fib level is from the entire Fed supported QE run since 2009.

wstander

Came down the broadening range, broke below. SPY 365 area PE multiples got close to historic averages, after being at dotcom level highs (expensive). What hasn't come down overall is earnings estimates yet. Q3 earnings will be pivotal.

wstander

Fib retracement levels and well defined channel. To me this time period is much more relevant that the recent two years. Recency bias is a common error in pricing assets.

wstander

After a lengthy consolidation, SQ appears possibly ready to breakout with the timing cycle turning up again. Volatility and money flow have flipped positive as well. Fib targets above for the campaign move. Ten year yield could work against growth names if it spikes unexpectedly again.

wstander

Nice multi-year cup-and-handle pattern forming.

wstander

Too far up too fast. Long above that channel. Under the hood factors look like it's a real move. Software tends to be inversely correlated with a sharp rise again in the ten year note yield. In the fall we might see another event like that.

wstander

CLF has been a big winner in the recovery phase. Now we are in the expansion phase which is typically slower growth in the reflation names, like CLF. Look left for where it used to trade.

wstander

Higher low in a long-term bullish pattern. Or this is a bear flag / Wykoff redistribution in an intermediate markdown trend.

wstander

Would like to see the DeMark 9 low, but nice retest of the broadening range

wstander

Printing a higher low into a weaker oscillator looks positive. 1.38 was the level existing shareholders committed to adding. Primarily a gold miner.

wstander

DeMark 9 month count is exhaustion risk, but it looks strong.

wstander

SAIL doesn't show strength yet, but it could flip positive here. I want to see some volume come into a reversal

wstander

OKTA looks like it got ahead of itself. No trade

wstander

Looks like it's had a crazy move, until you look left several years.

wstander

MDB false breakout above the channel, now tucked back in there