Wednesday, October 31, 2012

Friday, October 19, 2012

Olive 9:21:9

We got the green reversal and then a red pullback. An olive 9:21:9 flashed which suggests a resumption of the uptrend. This was supported by the following formulas: BLENDED CHAIKIN MONEY VOLUME/ BLENDED A/D VOLUME <0; STOCH C26/D49 HALFPOINT (14)=1; SEVEN DAY LOW GRADIENT UPWARD REVERSAL(SEE: COMBO REBO, STOCH VOL, VOLUME:PRICE DIVERGENCES #23A-23B); TD REBO EXTENDED DOWN MOVE AFTER TD REBO NEAR-TERM UPSIDE PRICE EXHAUSTION WITHOUT PRIOR TD REBO EXTENDED UP MOVE The four formulas also lit up on 4/13/12. The diagram reviews the last formula. They are based on Tom DeMark's work. Futures are down. Will look for a 5 minute HA buy signal sometime after 10AM today. Suspect that TNA will go up for two trading days and will then reverse.

Tuesday, October 9, 2012

Looking for Green Reversal 2moro

2 up days (starting 2moro), 1 down day pullback, then another up day. Similar to 8/22/11, 12/14/11 & 4/10/12.
LABELLE GLASS QUEEN ANNE EAPG CREAMER- 143-3 c. 1880 5.375“ H X 5.5”W

Friday, September 28, 2012

Tuesday, September 25, 2012

7 Day Repeater Complete

Gray 10:19:10 with positive PVI: Down 2moro. The green day was just a pullback.

Monday, September 24, 2012

Repeater is Still Playing Out

Red 13:21:13 today. Expect big down 2moro unless things change drastically today. If the last day of the repeater does play out, will watch whether the PVI goes negative 2moro to see if the green 3:19:3 on 9/20/12 was a pullback or reversal.