Per TradingView, Cloud Peak Energy's Next E.R. Is This Friday I think this stock has some pretty good looking T.A. - OBV is kissing a critical resistance level. - Chaikin Oscillator had an explosive move up from its' low on this daily timeframe. It seems ready to test the 0 line soon. - It's broken overhead resistance on higher volume than we've seen it...
After the huge volume in September of last year, volume dropped off. It took some time, but then volume started to crescendo and price followed. Then it dipped again on November 29th during that E.R.. Volume is increasing again now after a huge bottom signal from the CM_Williams_FIX_VIX... There's a slight divergence in the Chaikin Oscillator on the OBV,...
Today's all-time intraday high on the S&P 500 reminded me of a correlation I had looked at in the past. I re-charted it just now and frankly, the implications are fairly profound. 1. Note that for most of the chart as the value of the U.S. Dollar Index drops, the market goes up. - What that means is this. The stock market prices went up, but the value of our...
More of the rumors are being confirmed. Candle sticks have repeated "savior candles" (bullish hammers) on the volume bars. Chaikin about to cross 0 line and OBV confirming. Trend via CM_Slingshot looking to cross over again soon.
Cryptos look like they're ready to break out again. Acording to turtlebc , the percentage of buy orders in the cryptospace is at 90%. A level it last saw in late March of 2017. Take a look at the chart in-case you forgot what happened then. I've been making the case for a base right around when it started forming. Now on a nice long-term chart the indicators...
Meant for intra-day purposes. Oil is clearly propping markets. It seems to have bottomed for the time being. Bullish for a short-term play.
Earnings are clearly propping up the markets at this point. Just a quick glance at the chart will show you that $ES_F was heading downwards pretty aggressively until the first red line; the first big E.R. reports of the season. $NKE and $MU crushed their reports, and the markets responded upwards...but not on much volume. The second red-line shows another save...
In my last 'idea' I made the following argument: If this thing were in the middle of a bubble melt-down....it would've happened by now. The power of the selling would've totally outweighed the buying power against it. Even Satoshi would've probably bailed by now. But it hasn't crashed. It seems like it's consolidating if anything. BitCoin is a fairly young...
Is the bottom officially in? I have no idea. There's never really a way to tell. I really like the chart attached ... which does indeed show us more downside. Even on my chart we can see the short MA being eclipsed by the longer one, in what's referred to as the 'death cross'...but that overtake and the volume since then has been relatively light. In fact, most...
A follow-up on my last post that did a Weinstein Analysis of $BTCUSD / $BTC.X It cracked the "Stage 1" base level, but the daily candle from yesterday has been the highest volume in a while and is set in a nice reversal shape. We're still basing; I'd watch for a green bar on the "CM_Williams_Vix_Fix" for confirmation, but I remain bullish here.
For those of you unfamiliar, Stain Weinstein is a legendary trader. His book, "Secrets For Profiting in Bull and Bear Markets", is one of the very few books on my must read lists for traders (new and old). You can get a quick summation of the strategy to make sense of the points over here: www.nextbigtrade.com . Line that up with my start on what I see the...
Oh that insider was some random user on ReddIt...whose tone seems that he was most likely kidding around. But what he isn't lying or just happens to be right? [ Here's a link to the original post on Reddit ] That's why it's even worth talking about this schmuck. There's no reason to believe him and anything he says. The thread has gained some...
So there's a candle stick pattern I call the "savior" candle. I know there's another name for it, but not for exactly as I define them. It's pretty much a hammer...but I look at wick lengths and volume as well. Based on that candle I just averaged down my position despite the drop so far. For the short-term at least candle should imply a rise soon.
Due to the shortened trading session yesterday, a big swing up in Gold was muted, in-part of the U.S. having limited trading hours on the futures markets. Based on the technicals, it seems like Gold has put in a bottom for now and is undergoing a short-term trend-reversal. Until it trades at 1336.8, I'm neutral here (long position but neutral outlook for it)....
I just wanted to follow up on my last post, after I had first realized that $QQQ and $BTCUSD move in a pretty close lock-step, with the Nasdaq 100 actually making the moves first. Still been trading this strategy with a pretty high success rate. Here's my first post on the idea.
It seems like $BTCUSD is just in an unstoppable beast mode of sorts. After the anxiety of the hard fork branching some of the blockchain BitCoin Cash (BCC), it would appear some of the investors who had gone to the sidelines in the fear of the fork causing a substantial drop in-price are getting back into the market. The mainstream news coverage that the fork...
I guess it makes sense in some ways, but BitCoin being the currency that it is shouldn't really have such a trend correlation with the Nasdaq 100/$QQQ/$NDX Because of the volatility of BitCoin and the spikes (up and down) being so vastly greater than that of the $NDX, the way they move together isn't necessarily obvious to see...I drew some lines to show some of...
Despite a solid earnings report, $MU took a beating today and has a lot of bulls scared. However, looking at the OBV and the fib retrace i set on it...the largest volume bar of recent wasn't the one that brought it to the level it's at now. A weak break (weak on volume) there is important because it means that a little more volume can kick it back up fairly...