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Posts Tagged ‘$COMPQ’

Going lower, slowly $SPX $SPY $DIA $DJIA $QQQ $COMPQ #markets #heikinashi #trendfollowing

April 5, 2020 Comments off

S&P-500 daily

  • (+!) haDelta is still above its average but ready to turn lower just below zero. 

 

S&P-500 2-days

  • (-) Negative

 

S&P-500 3-days

  • (- – ) The worst chart: haDelta crossing below its average, at zero. Strong downtrend ahead. 

 

S&P-500 4-days

  • (!) Signs of an haDelta failure.

 

S&P-500 5-days

  • (+) Positive.

 

(Charts generated with TC2000 software)

Categories: heikin-ashi Tags: , , , , , ,

Avoid #MACD for now! $SPX $SPY $DIA $DJIA $QQQ $COMPQ #heikinashi #markets

March 28, 2020 Comments off

SP-500 ($SPX) daily

  • (-) Bullish MACD is a good indication, in uptrends, when most signals are in positive area (above zero). Here, in a clear downtrend, the signal is well below zero. Its reliability is extremely weak. Avoid it.
  • (-) The ten-day average is outside the normal positive range.
  • (-) Heikin-ashi candle-inside-candle = Pause.
  • (-) haDelta (not shown here) triggered a sell signal at the end of Thursday.

 

SP-500 ($SPX) weekly

  • (-) Nothing looks positive here

 

SP-500 ($SPX) monthly

  • (!) Waiting for more downtrend.
  • (!) Below zero, the Hell breaks loose.

 

High probability for a market correction $SPX $SPY #markets #trading #heikinashi #correction

February 23, 2020 Comments off

How much can the market stay stretched?

S&P-500 ($SPX) daily

  • (+) The previous price low at the end of January has not been hit (yet).
  • (!)  MACD is ready to issue a negative signal.
  • (-)  The daily 10-day average follows the rule: not higher that 1.5% from the price.

 

S&P-500 ($SPX) weekly

  • (+) MACD remains positive.
  • (!)  MACD indicator at chart highs.
  • (-) The daily 10-day average follows the rule: not higher that 4% from the price.
  • (-) A steep uptrend Oct-present. Too steep to continue.

 

S&P-500 ($SPX) monthly

  • (+) Impeccable uptrend.
  • (!-) The 10-month average is approaching historical resistance levels.

 

$SPX It’s not over until it’s over | #markets #trendfollowing #trading #heikinashi

February 17, 2019 Comments off

Why the rally still has legs.

S&P-500 ($SPX) weekly

  • (!)   Near exhaustion
  • (+) A generous trailing-stop 10% below the close

 

S&P-500 ($SPX) daily

  • (+) 61.8% retracement has been penetrated.
  • (!) Next resistance: December and November highs

 

S&P-500 ($SPX) daily

  • (!)   In the red zone (9)
  • (+) Enough room until the daily trailing-stop hits.

 

The market from different (technical) angles $SPX $SPY $DIA $DJIA $COMPQ $QQQ #markets #trendfollowing #heikinashi

November 25, 2018 Comments off

S&P 500 weekly

  • (-) The weekly (momentum) market breadth doesn’t show the strength to become positive. A failure at price support will start another downtrend segment.

 

 

S&P 500 monthly

  • (-) The monthly (momentum) market breadth is very weak, barely positive.

 

S&P 500 daily

  • (- -) Serious negative signal.

 

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