Monday, September 6, 2010

Renko Daily Nasdaq Bullish Percentage Index:VIX Ichimoku Cloud


The 3 Line Break Daily Nasdaq Bullish Percentage Index:VIX Ichimoku Cloud is bearish. The Renko is bullish & trading in neutral territory (within the cloud). The renko is above the blue turning line, which is above the red signal line (all bullish).

3 Line Break Daily Nasdaq Bullish Percentage Index:VIX Ichimoku Cloud


The 3 Line Break Daily Nasdaq Bullish Percentage Index:VIX Ichimoku Cloud has been bearish since the end of May. The 3LB is bearish and below the cloud. The blue turning line is below the red signal line which is also bearish.

Sunday, September 5, 2010

KAGI Daily Nasdaq Bullish Percentage Index:VIX Ichimoku Cloud


A Bullish Cloud has been present since November 2009. The Nasdaq Bullish Percentage Index:VIX Ichimoku Kagi is bullish black. However, it is below the cloud. The Kagi & blue turning line are both below the red signal line, which are bearish signals.

Triangles Over Time



Green and blue Bullish Ascending Triangles with targets in dotted lines based on the triangles's widest distance and applying it to the resistance breakout. Orange, pink & yellow Bearish Descending Triangles with targets. SPX goes back to March 2009=2003=1997.
A closer look at the triangles reveals that there are triangles within the triangles. The "touch pattern" for the current yellow triangle is similar to the orange triangle that occurred during the 2000-2001 Tech Crash (bottom right).

Who was the 3700th visitor?


It was someone from Scarborough, Maine. Could it be Winslow Homer?
Cloud Shadows, 1890.

Friday, September 3, 2010

OCTOBER 14th 2009





The Hindenberg Omen Man doesn't like the rising black $NASI. Things can still turn out bearish in the near future. Similar Aroon, %B & Ultimate Oscillator on TZA Daily Chart. NASI Uptick with possible "double dip" RSI on NASI chart. Divergences with the Volume Accumulation Indicator occurred on both dates (green dotted lines on VA panel in lower 2 TZA 4 min charts).

4 MIN TZA SO FAR





The lower chart is the 4 minute chart, but watch the TZA daily today. We had Falling Pressure yesterday & based on today's volume so far, we may get a Stopping Volume day today.