Low Demarker Mat Signal Rang During 7 Periods Today

Period Open Low
9:40 39.82 39.33
9:50 39.444 39.19
10:00 39.71 38.71
10:10 39.2 38.73
10:20 39.061 38.36 (3.67%)
13:40 38.28 38.2
13:50 38.39 38.08 (0.52%)
The formula is based on the High Demarker Mat formula...

A List of Reasons: Why The Market Will Keep Going Down

1. Weekly $NASI has been negative for 2 weeks.
2. Daily $NASI is negative.
3. Weekly TNA 3 Line Break has been negative since May 3rd (4 red lines).
4. Daily TNA 3 Line Break went negative today.
5. Weekly TNA Renko has been negative since May 3rd (2 red lines).
6. Daily TNA Renko went negative today.
7. TNA's Turning Line dipped below the Standard Line today on the Weekly Ichimoku Cloud chart.
8. TNA Has been trading below the Ichimoku Cloud on the daily chart since May 20th.
9. The daily TNA Ichimoku Cloud turned from green to red.
10. TNA Has been trading below the Ichimoku Cloud's Standard Line on the daily chart since May 6th.
11. Nine SAR bars above TNA price on the weekly chart, starting May 3rd.
12. Four SAR bars above TNA price on the daily chart.
13. Seven week TNA MA crossed below the 13 week MA on June 1st.
14. Seven day TNA MA crossed below the 13 day MA yesterday.
At least the Arcade Bus will be making Progress...

High Demarker Mat Signal Rang for 4 Successive Periods

At 11:10, 11:20, 11:30 & 11:40...TNA opened the 11:10AM period at 43.81; the 11:40AM period's high was 44.58. The High Demarker Mat Signal looks for potential TNA run-ups at a stalling high demarker value. The formula for excel line 1232 is: =AND(AND(L1231>75,DM1231<8.42,OR(((D1231-D1230)/D1230)>0,CJ1231>100,CK1231>0)),AND(L1232>88.65,OR(((D1232-D1231)/D1231)>0,CJ1232>6,CK1232>0.6))), where L=the Demarker, D=TNA Open for that period, CJ1231=ROUNDDOWN(L1232*CO1232,0), CO=ABS(L1232-L1231), CK1231=CJ1232/(CJ1231+0.0001) and DM is an ELT [DM=(D1232-D1231)/(D1231-D1230)].
The almost extinct Snowey Egret killed by the thousands by plume hunters in the early 1900's..Sighted last week at Gateway Marina.

Nice Up Day for TNA

Three TNA Buy Signals rang in the late morning: 10="REVERSE AO SAUCER RUN:" during the 11:10 period, 5=KVO TRIGGER CROSSED UP OVER ZERO, KVO LINE ABOVE TRIGGER, THUS AQ [(J-K)/K] WENT FROM NEGATIVE TO POSITIVE, KVO LINE RISING during the 11:30 period, & 11D= LOWER 3 PERIOD OPEN TREND [BP]:HIGHER OPEN(D) BEARISH DIVERGENCE POSITIVE REVERSAL during the 11:20 period. The formula for the latter signal is: AND(D1194>D1192,D1193>D1194,BP1194BP1192,H1194>-0.323,H1194<-0.229), where D is the Open for the period, H is the Awesome Oscillator and BP1194=TREND(D1192:D1194). The Target Price for this divergence was =ROUNDDOWN((D1193-D1192)+D1194,2)=42.41. TNA opened the 11:20 period at 41.86 and reached a high of 42.44 during the 12:10PM period for over a 1.3% gain. More information about calculating divergence target prices is available in Constance Brown's book in Chapter 8.

?Time for the Right Shoulder

Highest Put/Call Ratio in 3 years...so many people can't be so correct...

Successive 15 then 10 TNA Buy Signals Rang this AM

Signal 15 rang during the 10:30AM period followed by Signal 10 during the 10:40AM period this morning. TNA opened the 10:40 period at 42.885 and peaked at 43.5 during the 10:50AM period. Nailing the high would have yielded 1.43% in under 20 minutes. 15="RISING CMF-FALLING PRICE DIVERGENCE:" RISING KVO TRIGGER LINE and 10="REVERSE AO SAUCER RUN:" See http://www.alpari.co.uk/en/market-analysis-guide/chaos-theory/ao.html for a good discussion of AO Saucer Buy Signals.

Signal 14Z Rang Today

14Z (BUY TZA) rang during the 13:40 period today. TZA was purchased at 13:50 at 6.53 and was sold during the 10 minute period close to the period's high (6.59)for a 0.9% gain. 14Z= NEGATIVE CMF ALTERNANS, RISING KVO TRIGGER LINE , ABSOLUTE [(PRIOR Period J)*(J-K)/K*(J-PRIOR Period J)]>0.569. J= the KVO Line & K= the KVO Trigger Line. CMF is the 10 minute period Chaikin Money Flow.

Two More Examples

The AO Tracker Excel Sheet requires input from the TD Ameritrade Think or Swim Platform every 10 minutes for TNA. The 10 minute chart revealed 3 downlegs that alternated with 3 uplegs today. The 2nd TNA downleg occurred between 11:50 AM and 12:50 PM (i.e. for six 10 minute periods). TNA sell signals rang during and at the culmination of the 12:10 & 12:20 periods. The 1st signal was: 14Z=NEGATIVE CMF ALTERNANS (above and below zero), RISING KVO TRIGGER LINE, ABSOLUTE [(PRIOR J)*(J-K)/K*(J-PRIOR J)]>0.569 and the 2nd signal was: 13Z=CMF CROSSED DOWN INTO NEGATIVE 2 PERIODS AGO, CMF REMAINED NEGATIVE & AO GREEN IN THE PAST PERIOD, CMF<0 THIS PERIOD, THIS PERIOD OPEN < PRIOR PERIOD OPEN. CMF is the Chaikin Money Flow. J is the KVO line and K is the KVO Trigger Line. AO is the Awesome Oscillator. TZA was purchased when the 1st signal rang and was sold 20 minutes later for about a 1% gain. It was a good 20 minutes work.

An Example

TNA Buy Signal 11=KVO TRIGGER LINE CROSSES DOWN THRU ZERO (AQ GOES FROM NEG TO POS), KVO LINE MOVES UP SHARPLY (AR<-0.149), TRIGGER LINE ABOVE KVO LINE rang at between 15:10 and 15:20 on 6/11/2010 (line 828 on the excel sheet). KVO is the Klinger Volume Oscillator (see http://www.quantshare.com/item-267-klinger-volume-oscillator). AQ=(J828-K828)/K828, where J is the KVO Line and K is the KVO Trigger Line. AR=(J828-J827)/J827. TNA opened at 43.01 at 15:20 and traded as high as 43.51during the 10 minute time period (1.16%). The 15:30 period closed at 43.79 (1.81%). Signal 11 also rang during the 12:10 period on 6/1/10: opened at 46.15 at 12:20 and traded as high as 46.58 (0.93%) during the next period. 5/28 11:30 period: Opened next period at 48.11/High at 48.21 (0.21%). TNA closed at 48.93 (1.7%) during the 11:40 period. 5/13 9:50 period: Opened next period at 61.26/High at 61.76 (0.82%). The 10:10 period closed at 62.4064 (1.87%).
1932 Hubley Number 5 Racer with Opening Hood

Right Shoulder Formation Afterall?

Busy with June, but AO Tracker Program working very well. Will post an example this weekend...Meanwhile check out the Afraid To Trade Blog for Corey's Abyss

Back to 1939

Do Divergences Between NASI Tops & Bottoms Precede Market Reversals?

?No Right Shoulder....Look Out Below?

The daily TNA Kagi went Negative today. Daily TNA Candles remain below its Ichimoku Cloud. The daily TZA Kagi, Renko & 3 Line Break are all Positive. Check out Tze's comments in Idan Koren's StockTock: "There is an H&S formation on the S&P, in most cases the right shoulder should be symmetrical to the left, bringing the S&P to 1150 first before a breakdown. However, due to overwhelming bearishness we might have already seen the top and are starting our breakdown, A break of 104 is needed to confirm this." Corey Rosenbloom in his Afraid to Trade blog also recognizes 1040 as the "Edge of the Cliff."

Spille vs Walker Upside Target