Price Time Volume Investing

The 10 day moving average of advance-decline lines are as oversold as I have seen them. Continue reading

Just a quick note on cycle turns. Usually, price changes directions during a cycle turn. Occasionally, price will accelerate to the downside. It appears to me that the government has the opportunity to restore the system. But this is the same President, Congress, SEC, Fed, and Treasury who have made idiotic move after idiotic move in the past year. Please don’t get long just because it appears to be a cycle turn. Continue reading

Price of the SP500 Index (SPX) touched the 1×4 Gann angle today and bounced. I am watching a retest of this level closely for a possible low. If price breaks through this angle then the 900ish level is one to watch. Continue reading

I got home last night and looked through the charts. There really isn’t anything to discuss that hasn’t been covered. We are waiting for congress to decide what to do. Continue reading

The price volatility as measured by the average true range (ATR) of the Nasdaq Composite index is at a long term high. This has always led to higher prices. Continue reading

Market volatility and high minus low metrics are discussed. Continue reading

Yield curve doesn’t curve any more… Continue reading

Post contains a few charts I found interesting during last night’s analysis. Continue reading

Today’s drop was not without high volume and fear. The VIX was over 30 today. It should spike higher in the morning unless some news removes the fear. The put/call was very high. The equity put/call was even higher. The new lows today were less on a new price low than previous price lows. Continue reading

I don’t have any idea which way the market will eventually go this week. But at 180 days from the March low, the time is right for an acceleration or a change in trend. The 1:1 Gann angle will serve as a measurement point that we can use to gauge the market on Friday. Continue reading

The Dow Transportation Average has held up well in the face of the recession/depression I’ve be reading about. Continue reading

There is no interest in buying when they are selling at these levels. Volume was down today and price finished on the low side of the SPX and COMPQ bars. My opinion is that SPX 1170ish is almost a given. Continue reading

The banking index (BKX) is well off the July lows and above the upsloping 50 day moving average. The market always follows the financials. It takes money to make money. If the banks aren’t working then the market isn’t working. As of yesterday the banks have been working since July. Continue reading

The time cycle from the May to July ranges and 180 days from the March low occur this week. Continue reading

The SP500 Equal Weight Index (SPXEW) and the Value Line Arithmetic Index (VLE) charts have broke through Gann angles and are heading for the next angle lower. Continue reading

Multiple metrics show the equity markets are in a very weak position. Continue reading

The swing chart of the Nasdaq Composite has closed below the support of the upside swing highs. Price is now at the 50% retrace level and not in good position to move higher. Continue reading