chrisatom

chrisatom Updated 

4hr trend switched to up, buy signal.

chrisatom Updated 

price crossed and held the VWMA which has now turned up, buy signal for a new trend. Only consideration is the increase in bond yields and Vix so keep on your toes. Rules dictate to exit if it switches back.

chrisatom

Following on from last Junes call to get long at $200 pre-split, the next value entry point i'm looking at is $300. Big volume node at 300 lines up with lower bands on the daily (nearly 3 SD from daily 20 VWMA). Trending up on weekly, 300 is centre of the channel and the 20 VWMA which is a good pull back for a strong uptrend. Not much else to say apart from with...

chrisatom

Gold is teetering on the edge of volume node, any decline in price should send it quickly through the LVN to value buy in the bottom of the daily bands at 1810-1840. Weekly trend up and price has pulled back to VWMA. Macro outlook good for gold.

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Tech sell off, huge volume support at 10600 which was 2 SD from VWMA and back to anchored VWAP from June. Weekly has brought price back to the centre of the channel, still trending up. No reason for tech to collapse. nothing has changed, just some rotation after a huge rally. Everyone wants a pull back but when it comes they are too scared to act.

chrisatom

5 virgin VPOCs below, only 1 above. Value finished lower on friday and near the bottom of the range. Down auction still in effect, look for it to come into balance before any change in trend.

chrisatom

Nice pull back, 36.6 should act a spring board for next leg higher with huge volume node/shelf. Losing that is would mean 30p but thats just a better value entry. Value consistently building higher.

chrisatom

Explanation on the chart. I use this along with ADD/TICK/UVOL-DVOL for internals to ensure i'm not going against the grain. Other important reference points are previous days and weeks range.

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Value has moved down with price which is bearish, but it has left some poor structure with several distributions above. Price touched the previous balance area- marked in yellow-before being rejected so a bounce here is likely. There are several virgin volume POCs below to hunt down with targets being 25615, 25250, and 24770.

chrisatom

Hit upper trendiness of both formations, looking for reversal back into the range and move to lower trend lines in the coming months, unless a sustained break above invalidates. MO has big negative divergence and the summation index will also turn down with a good sell off.

chrisatom

Hit upper trendiness of both formations, looking for reversal back into the range and move to lower trend lines in the coming months, unless a sustained break above invalidates. MO has big negative divergence and the summation index will also turn down with a good sell off.

chrisatom

In the recent pullback price has dropped to the Value Area Low for the period from 2013 onwards, and right to the bottom of the profile where a low volume node stopped the drop since Feb 16. It is also the location of the yearly S2 pivot. Buying now represents great value in relation to the last 6 years prices, and for long term investors in particular. Placement...

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Dow has put in a lower low and reversed back into the range. It stalled at the monthly R1 pivot on Friday after a strong rally, but the next objective now is to make a higher high at the 27300 mark to complete both broadening formations and hit the MR2 pivot.

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This chart shows the balance zone and bell curve that has been created in the volume profile since Jan 18. This week price fell to the 18 month Point of Control and was immediately bought up to the Value Area high, forming a bullish engulfing candle as it did so. In terms of trading from here, any buying above this level is now buying out of value. Shorting at...

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This is the set up I use to monitor market internals. Top chart is TICKI- which is for the DJI. This can be swapped for the NYSE TICK if preferred. Next is UVOL-DVOL study, with the yellow line being the zero. Bottom screen ADD, again yellow is the zero. If you've never used these before, try having them up for a few weeks and see how the market behaves when they...

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As annotated on the chart, weekly pivots combined with volume profile and VWAP bands can give high % entries. me On responsive days, VWAP bands give accurate points of entry for a move back to the current VWAP or POC. Be wise to the the of day that is developing, and use the appropriate strategy. For example on trend days do not play for responsive moves as...

chrisatom

As annotated on the chart, weekly pivots combined with volume profile and VWAP bands can give high % entries. On responsive days, VWAP bands give accurate points of entry for a move back to the current VWAP or POC. Be wise to the the of day that is developing, and use the appropriate strategy. For example on trend days do not play for responsive moves as you'll...

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Yellow lines mark important levels of volume, value, highs and lows from the last 2 weeks.