Price Time Volume Investing

Price reversed to the upside on volume today. I am still waiting for price to take out the October 14th high before I get interested again. Continue reading

The internals of the market remain oversold after large move today. Continue reading

The SPX swing chart remains above the October 10th low which ended an 11 day drop. Continue reading

Not much happened today with the indices. The SPX had an inside day with less volume than yesterday. The COMPQ had an inside day with slightly more volume than yesterday. The volume level was well below the 50 day moving average. Continue reading

The 10 day moving average of the Nasdaq and NYSE McClellan Oscillators has turned up. This is almost always a good sign after a long oversold period. Continue reading

Even though price has retraced over one half of the move off the Oct 10 low, the number of stocks hitting a new 52 week low was very low today. At this point I see a positive consolidation off the low. Continue reading

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

These charts show the cumulative advance-decline and the up-down volume. The comparison show a divergence between price action and volume action. While price has been slightly positive, the enthusiasm of the buying has been much more bullish. Continue reading

The Nasdaq advances minus declines line have moved to oversold in the short term. Continue reading

The Nasdaq 100 had a low volume down day and is in the process of working off an overbought condition. Today was a minor distribution day. Continue reading

Listing of positive internals and metrics of markets while price declines. Continue reading

Discussion of market internals. Continue reading

Definitely a night for a Rum-Runner… The internals are at or approaching a trading low. I heard/read in the last few days of hedge funds being forced to liquidate in the week and this action has that look. Options expiration is also next week and Wednesday/Thursday the previous week is often a setup to get the options players leaning the wrong way. Continue reading

Not much happened on Monday. We had a lower volume pullback and everything still looks good to me for another push higher. The Nasdaq is actually slightly oversold and NYSE is neutral. Continue reading

The COMPQ made a new high since January on good volume. The QQQQ also had good volume and has some room to move before hitting the 1:1 red Gann Line discussed on Tuesday. The SPX had about the same volume as on Wednesday with about at 24 point move. Continue reading

We are at recent previous overbought levels on the 10 day MA of the Nasdaq and NYSE advance/decline oscillator. Keep in mind that in really strong up move the 10dma would move to near 1000 before it needed to rest. This looks like a make or break position. Continue reading