gb50k

gb50k

Strong trend. Can serve as the "higher TF" for smaller TF trades. POI's: Steel broke out from downtrend POC is supporting the main uptrend. If already long on the daily. TP at $46.50, the highest price reached by previous peeks The anchored vwap is shown below - a close-up of the trend. Have not chosen a trade/plan yet. Hope this is useful as the "raw...

gb50k

Chart shows falling market breadth: White: % of stocks in NYSE above their 20 DMA Red: % of stocks in NYSE above their 200 DMA Open questions: Is the market playing "Brinkmanship" with the FED over raising interest rates? Brinkmanship: The Cuban Missile Crisis, as it is known, is an example of brinksmanship because both sides of the conflict allowed the...

gb50k

The daily chart is showing market sentiment from a breadth perspective: the percentage of stocks on the NYSE (2943 stocks) that are above their daily moving averages. The trend is increasingly bullish but that increase has peaked in recent days. [bDetail: MMTH - RED - Percentage of stocks above their 200 DMA MMOF - Percentage of stocks above their 150...

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Chart shows 2 months with similar candles to the current candle. One instance leads a bull rally. The second leads to several moths "inside" and then breakout to the upside. Criteria for similarity: 1) Red 2) Low > 21 EMA (third line from top). Note: 200SMA out of scope. 3) candle body contained in top half of candles full range (High - Low)

gb50k

Last 3 two-week candle bodies have the same bottom: 4464 Random? I think not.

gb50k

SPX500 1hr chart on top 200MA and 50MA will 'death-cross' (60m chart) if the acceleration of downward momentum continues. Downward momentum is evident in 3 custom momentum indicators. The momentum picture is similar (bearish) on all TF's from 30m to 240m. I intend to short upon sufficient confirmation of a reversal.

gb50k

On the daily Bitcoin chart the last "lowest low" was at 32720. Closing the day above that is bullish. Below that? bearish. Overall pattern is a (imperfect) bullish wedge.

gb50k Updated 

worth following this closly

gb50k

The chart is one possible visualization of the confluence of unpredictable high-impact events. For example: February 24th, 2020 World Health Organization declared the COVID-19 outbreak a pandemic and warned that "much of the global community is not yet ready, in mindset and materially,.." Over the following eleven months over 2 million lives were lost...

gb50k

Top: SPX500 Bottom: Combo indicator (momentum, ATR, Volume) Bullish kickoff at the Red arrow. Trend followers, do your thing. Bearish divergence looms (blue arrows) over next few weeks. Recognize it when it arrives. Its a known known.

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Part 1: FULL INTRO The goal remains the application of 'derivatives of displacement' to describe the spread of COVID-19. The points made will apply to any application over time (not just virus spread). This charts focus is on COVID19's "snap". Snap is the 4th derivative of displacement: Rate of spread (how many each day) Velocity of spread: Change in Rate over...

gb50k Updated 

Cleaner Chart: The recent increase in acceleration (known as "jerk") of US COVID cases is "re-bending the curve". In this context the verbal descriptions of change, and its derivatives ,becomes both interesting and important Charts showing ongoing change in confirmed US COVID19 cases are themselves constantly changing. Understanding these 'charts of change'...

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The bottom indicator suggests any change in momentum will be downward as several different momentum lengths are all peaking around the same time, Notes: US30 (AKA Dow, YM) In upper chart in RENKO Therefor the time axis is irregular. But the time of interest is NOW (where the penguin lies)

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Inflation is erosion of the dollars buying power: ( when consumer prices are changing (rising) faster than the value of the dollar.) One way to quantify this is the ratio between the Dollar (DXY) and CPI (the Consumer Price Index). A decrease in this ratio is consistent with the concept of inflation As of August 9th 2020 two analysis below (A & B) show** the...

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A lighthearted comparison of the NASDAQ index, today vs the summer of 1999. This was the final ascent of the dot.com bubble before it's crash Sung to the music of "Summer of 69

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Changes in the Gold/Silver ratio indicate changes in the demand for Gold as compared to demand for another precious metal, namely silver. Ratio increases often coincide with accelerations in market volatility and, consequently, money flow to Gold, long considered a "safe haven". The ratio's climb is approximately linear and the black trend line is consistent with...

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The chart shows the sharp increase in US "money supply: upon Senate approval of a $2 trillion coronavirus stimulus package Money Supply: There are two definitions of money: M1 and M2 money supply. M1 money supply includes those monies that are very liquid such as cash, checkable (demand) deposits, and traveler’s checks M2 money supply is less liquid in nature and...

gb50k Updated 

Inspired by the analysis of @pkcap, all mistakes are my own Chart shows the relationship between the NAS100 index (futures) and unemployment. Note the pop in unemployment due to covid lock down. Will the index fall? Can it be propped up by the Fed until elections?