EUO & TMV Equivolume Charts

Natural Gas

Oil (not natural gas) Bird

EUO & YCS Cup & Handles

There are Cup & Handles on the EUO & YCS Daily charts. Didn't quite get the MTI Buy signal on the EUO daily (the 30 min EUO chart did get a Buy Signal).
Cup Bird

Michael Aronstein/Mark Faber videos

http://www.youtube.com/watch?v=SDuiPD4qbXw&playnext=1&list=PL9838BF5DFCAF69EF&index=18




1) V shaped Recovery (MA)
2) EDC beats TNA long term (MA), but 20-30% emerging market correction over next 6 months (MF) (Hold EDZ)
3) Yield curve flattens (MA) (?raise TYO to TMV ratio?)
4) Is the market at the Purple Arrow? (?TZA time?)

Daily & Weekly Chart Trends

Euro Double Short seems ready to pop on the daily. TMV & TYO are consolidating (downward) within a longer term uptrend. CZI & EDZ are more "along" than FAZ, TZA & DRV, but still need MTI (Momentum Trend Indicator) Buy Confirmation. With the exception of EDZ, every ETF listed is currently consolidating (i.e. Absolute CCI is less than 100)

TLT:$TED & $USD:$CRB Ratio Charts

TMV Damage Control

CT 2-Associated RUT Top Most Likely In

Please refer to prior post: During the past 12 years there have been 15 Complex Nasi Tops. Two of them shared common characteristics with the current top. The RUT Aroon Top Line stayed green throughout. The NASI CT 1 price was higher than the NASI CT 2 price, whereas the RUT CT 1 price was lower than the RUT CT 2 price. The $BPCOMPQ crossed though the NASI CTDL (please refer to: http://instigator928.blogspot.com/2010/12/bpcompqnasi-divergence-to-detect.html). The number of CTDL NASI Renko boxes was greater than the number of CTUL NASI Renko boxes. The number of CTDL RUT Renko boxes was less than the number of CTUL RUT Renko boxes. All three Complex Tops had a CT 2-Assoc DAILY RUT Chart MTI SELL, but the CT 2-Assoc WEEKLY RUT Chart MTI Remained a buy (hold). CTUL and DL RUT price changes were all over 9.8%. RUT Prices tend to peak before the NASI goes red The latter occurrence confirms the CT 2. A review of these three NASI CTs suggest that the RUT peak is in. CT 2 confirmation seems very close at hand.

Resolution of Ichimoku NASI Top Issue

Please see: http://instigator928.blogspot.com/2010/12/nasi-ichimoku.html for the dilemma that needed resolution. This was precipitated by a NASI Icon-Cloud abutment issue. It wasn't a completed NASI Complex Top...it was a Nasi Complex Top in progress (only CT 1 was done). So what happens to RUT Aroon during these complex tops? Ichimoku charts for RUT with Aroon were analyzed. The RUT Aroon top line can stay green throughout the Complex Top in association with a bottom red line that can trend up in a sawtooth fashion (see 13-10). Same thing happened in April 2010 (see 12-10), May-June 2009 (see 11-10), May-June 2008 (see 10-10), Nov-Dec 2006 (see 9-10), Dec 2005 (see 7-10). Rules for NASI Icon-Cloud abutment are not applicable to the RUT.

The Heavy Hitters

Hit Bird...

Sell on $RUT Daily Chart

3 criteria met: AO went red, TSI rolled over & RSQR rolled over. This didn't happen yet for $SPX nor TNA. The latter just needs the TSI to roll over. FAS needs AO to roll over to be a sell.

Reciprocal Ratio Charts

TMV...The Bond Bull Market has Ended

TMV, the 3x 30 year bond short signaled a Buy on the December 8th Daily chart.
Bond Bird.

Ratio Charts

$VIX Confirms Short Term Bearish Market Trend

$VIX began trending up (with a buy signal) at 3:34PM today on the 13 min chart.

What's Bump'n?

A 5 day SPX Ascending Triangle with Bump has broken down through a dashed purple lead-in line and is now running. The much larger $RUT Ascending Triangle with Bump is still well above the lead-in line.

TYP Buy Signal at 3:15 PM Today

On 15 min chart. Thirty minute chart just needs an RSQR Saucer for a Buy. Sixty, ninty and 120 minute charts all need an RSQR saucer & for CCI to go up over 100. Daily chart isn't close to a buy.

NASI RSI(14) to Define NASI Tops & Bottoms

NASI Tops (CT 1,CT 2 or ST) are defined as having an NASI RSI over 50, whereas NASI Bottoms (CB 1, CB 2 or SB)are defined as having an NASI RSI less than 50. The yellow box is an example where the hump was an Uptick rather than a Simple Top by RSI. This negated the prior inflection from being labeled as a Simple Bottom (wide pink arrow0.