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Posts Tagged ‘$DIA’

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

March 28, 2020 Leave a comment

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.

 

Optimism, realism or pessimism? *You are the judge! #markets #heikinashi $SPY $SPX $DIA $QQQ

March 22, 2020 Comments off

S&P-500 chart (Monthly)

 

Is the #market stretched? | #heikinashi #trendfollowing $psyline #trading

November 3, 2019 Comments off

SP-500 ($SPX) daily

  • (!) Short-term 9 is a warning level.

 

SP-500 ($SPX) weekly

  • (+) Theoretically, a run to 9.

 

SP-500 ($SPX) monthly

  • (+) In a bull market, a long-term 9-level is not an indication of a top, but of a trend continuation.

 

$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.

 

One flower doesn’t make Spring (yet) | $SPX $SPY $DIA $DJIA $COMPQ $QQQ

January 6, 2019 Comments off

S&P-500 ($SPX) daily

  • (!) The S-oscillator is near the top.

 

S&P-500 ($SPX) weekly

  • (-) The S-oscillator is still damaged.

 

S&P-500 ($SPX) monthly

  • (-) The long-term picture is negative.

 

Categories: heikin-ashi Tags: , , , ,

A #heikinashi long-term view of the #market $SPX $SPY | #trendfollowing #technicalanalysis #trends

December 15, 2018 Comments off

SP-500 yearly chart

  • (+) At first sight, the market is an uptrend.
  • (-) haDelta is getting weaker.
  • If 2019 will print a lower high than the one in 2018, then haDelta will fall under its short average and the 2018 top will be confirmed. And the bull market will end.

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

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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