Using the Cash in/Cash out report (CICO for short) and basic support/resistance technical analysis the SPY broke resistance on the daily chart. I have my CICO indicator set to 5 days and I am seeing lots of selling. I am pretty sure everyone is seeing lots of selling. Protect your portfolio with cheap long puts.
Using the cash in/cash out report (CICO free here on tradingview.com) I set my input to 5 days. Pay attention to price action around 12 and 31 dollars and watch for green/red signals.
This is the Cash in/cash out report (CICO) set to 48 user input on the 15 minute chart. The CICO is a running 12 hour estimated sum of cash going into and out of a commodity. I see a strong head and shoulders bottom. Summer gas prices are here!!!! <--- sarcasm. Apply the CICO report to your charts and give me feedback! The CICO is a free open source indicator...
This is the 15 minute chart for the SPY. The CICO Report is set to 48 or 12 hours((48x15)/60), this is painting the chart red, grey and green. The CICO report shows constant selling for the last 3 days, you can see this by the large red pool forming. However, the end of trading today showed a lot of buying volume. Pay attention to the 375 price action during...
380 and 350 support lines are crucial, please pay attention to these marks and act accordingly.
This is 12 hours of data. We are seeing 48 fifteen minute periods of data. This is a recent example of a market change. 1-5-2022 was the start of the bear market; definitely nothing to do with the J6 hearings....... Please understand the CICO report is showing period by period data. Meaning, if you have your charts set to monthly you will see monthly visuals based...
If we break through 380 we will be going much lower. Please look at and analyze macro monthly and weekly charts. This administration is forcing our economy lower to bring in another form of government.
The fake news media is playing distraction propaganda to instill fear. Block them at the firewall level and focus. For some reason the SPY is looking bullish. War? Probably. Inflation? F-J-B. Your dollar is becoming worthless. I am spending money like it is losing value, because it is.
Alarming levels on the Cashflow and CICO (Cash in/cash out) indicators (Free open source indicators on Tradingview.com). Similar levels to the first Covid levels. Shield yourself with long Puts. Also, turn off CNN, MSDNC, Fox, ABC, CBS, NBC, CNBC; they are shit. That is all, good day!
#wallstreetbets - I support your movement. Please feel free to use the CICO Report, Cashflow tool and Position calculator to permanently silence market noise. The total sum on the CICO report on GME is astronomical.
Yes, exactly. Hi Frens. It has been awhile since I've posted. I have to admit, I am a market bear. I'm very pessimistic about our social economy aka the "attention economy". I understand bear markets and rarely understand bull markets. With that disclaimer out of the way I want to let you know I will be aggressively buying Facebook calls. "What, you are a bear!!...
I have been trying to avoid the doom and gloom media as much as possible. I prefer logical information without the sensationalism. On February 24th I posted a short position on the SPY, I hope you were able to exit at or near that time. On this weekly chart for the SPY we see trend lines for the highs and lows going back to 2008 (white lines). This weeks action...
According to the Cashflow and CICO reports (both available free on Tradingview), today's selloff vector was larger and more dramatic than August. The daily candle is a clear sell. Several month long lower support was also broken (Oct. 2019). It appears like Scrouge McDuck and his buddies were selling at a large profit to swim in their pools of money before things...
The bullish signals in my mind include: 1) Today's surge through resistance 2) The Fed keeping the rates the same from yesterdays meeting 3) Strong recent jobs report 4) USMCA trade agreement announced. Even though our politicians are mud slinging and financially irresponsible children, they managed to help the American worker and economy for once this year. I...
According to the CICO report and Cashflow indicator, the selloff began two days ago. Hello friends, its been a minute. I try not to overwhelm you with daily noise. My intent is to give only important information. Trust me, if you heard from me everyday you would be annoyed. According to the CICO 13 MA on the daily chart, we had our first red day in about a...
They didn’t pay income taxes in 2018. In fact, these 32 companies were paid by the United States government $10,531,480,000 to operate their businesses. The unborn babies were paid $0. That is a $10.53 billion dollar tax refund with your money. Your tax dollars were collected by the IRS and then given to these 32 companies. Each one of these companies was...
We have signals of recession with inverted yield curves. Our president is being considered for impeachment. Our largest employee base (China) and us are not getting along and I do not think a trade deal will every come of these talks. Greedy people want you to buy artificially inflated stocks at $0 commission. I appreciate how much they think they can take us for...
Greedy people do not give things away for free. The 1% are a perfect example of greed and they hoarding ridiculous amounts of cash. As opposed to paying their employees a livable wage they buy back their own stock to artificially make the price go up. Last I checked $1.1 trillion in stock buy backs and growing. This artificial value of "bought back" stock makes...