UDAY_C_Santhakumar

UDAY_C_Santhakumar

Wizard

Will the History Repeat itself? Volatilty (VXX) got crushed every time XIV had the divergence wrt SPY. The recent divergence with violent swing, keep an eye for the breakout on either side.

UDAY_C_Santhakumar

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Although I am not a believer in Pattern Breakout buy in Index, This is something to watch out for.

UDAY_C_Santhakumar

Wizard

In the Oil Exploration and Production Sector, There are few stocks with a little bit of strength. One such ticker is TSO. The Question is, Is it going to hold the trend? or CRAP out of the trend and ROLL Over. Either way, All TSO needs is to see Crude Oil Gains a little strength, then we have a good probability of a breakout. The Second to this list would be...

UDAY_C_Santhakumar

Wizard

Think of a plane, going through cloud. Thats pretty much how the price will react with the cloud. Price away from Cloud -Thicker Cloud -Thinner Cloud Price in the Cloud - Thicker Cloud

UDAY_C_Santhakumar

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Republishing this same old chart again.

UDAY_C_Santhakumar

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If Price Closes within the range, The Pain could be closer to $100M, in Options Premium. If it breaks Lower limit, there will be a quick rally, because of option defenders. Similar to the linked post. This particular setup I look for is hard to find. So far I do not have a scan. Would be awesome if one exists. GL folks

UDAY_C_Santhakumar

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Thinner cloud is easier to pass. Thicker cloud offers a greater resistance in take off.. This is a weekly chart setup. will be watching for strength in momentum. Speaking of strength, you will find all sort of divergences in Gold. One more thing I want to point out is how effective the "I Cloud" is in following trendlines. GL

UDAY_C_Santhakumar

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A range based, Momentum indicator. Link to the code -

UDAY_C_Santhakumar

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We had some serious rally after my last update on SPY. Some may say this V bottom is bullish. I beg to differ. There is some sort of divergence in the market or the market darlings. There are few stocks outperforming. On the other hand, those that were outperforming had some bad earnings. Future will unfold itself. - This is the time, one should test their sound...

UDAY_C_Santhakumar

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Ebola Ticker

UDAY_C_Santhakumar

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I was watching a Video tonight. Someone was marketing a free indicator, custom settings, changed the input parameters. You have it now. MACD (5,32,5) vs MQmomentum (32,5,5). Good luck selling this to me, and tv subscribers

UDAY_C_Santhakumar

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It can't be in the range for long enough.

UDAY_C_Santhakumar

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Keep an eye on the support and resistance. Trend line.

UDAY_C_Santhakumar

Wizard

For those Bears out there, keep an eye on the Oversold level and the trend on the weekly chart. Certainly this looks bearish on daily. But can have a severe snap back when the sellers are satisfied. There will be more down side before this snapback happens. A trend reversal without a transition period is just impossible. No matter how worst the market gets. That's...

UDAY_C_Santhakumar

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Lets get prepared.

UDAY_C_Santhakumar

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Gold setting up on the Momo Oscillator / TVI (over valued). Decelerating trendlines. The trend should pull gold down / along with the few miners. We might see a further push higher. Watch out if long. While running my scans, for the Pullback trades, These were the only tickers that popped up. Timing is key.

UDAY_C_Santhakumar

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Below is the actual Indicator code. prepared by ucsgears and Chris Moody

UDAY_C_Santhakumar

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Trendlines can tell you the entire story. If Trend Lines are getting steeper from a base, MACD (momentum) Indicators are bullish. When the trendlines starts to flatten out after a steeper move, There will be a divergence. Also remember, indicators have look back period, When you draw a trendline, you can feel the chart. Watch for the Trend Line to break to...