The Swings within the NYSE A/D is "Manic"
The A/D Line on the LArger TF is unable to recover
the 50 Line... a Negative Longer-term signal.
Short term Entry remains the focus for now, and why
the squeeze will be short-lived.
The VIX, after a near 14% decline, has historically reversed.
Another crosscurrent to add to the Mix, with further
Risks... Last week the VX complex was hammered hard.
A/D is illustrating broader swing, this appears to be
HFT and ALGO movement back and forth using Select
Sectors and Equities to keep Price Momentum moving
Higher.
This type of action is an indication of extreme danger
it is associated with a late-stage distribution(s).
4785 / 4790 on broadening rotation appears to be the
correlated Price Objective.
For NQ it would correlate to a large squeeze towards 17,055.
On the surface, the NS spiking to 17K "appears" unlikely in the
extreme.
Given AAPL completed an 8/8 indicating the potential for Price
to move sharply lower, it's a very mixed bag.
Signals are all over the place, but at this time, they are in fact
pointing up.
Yes, it's abnormal, but what isn't at this point.
________________________________________________________
This is a Short Term topping process, with the potential to get more
extreme.
Within the Larger and expanding ranges - e cannot discount a Large
Squeeze.
None of the persistent Price Action remotely passes the sanity test.
Everything is beyond suspect, distrust, and unwarranted.
____________________________________________________________
The Stock Market is the Economy.
The A/D Line on the LArger TF is unable to recover
the 50 Line... a Negative Longer-term signal.
Short term Entry remains the focus for now, and why
the squeeze will be short-lived.
The VIX, after a near 14% decline, has historically reversed.
Another crosscurrent to add to the Mix, with further
Risks... Last week the VX complex was hammered hard.
A/D is illustrating broader swing, this appears to be
HFT and ALGO movement back and forth using Select
Sectors and Equities to keep Price Momentum moving
Higher.
This type of action is an indication of extreme danger
it is associated with a late-stage distribution(s).
4785 / 4790 on broadening rotation appears to be the
correlated Price Objective.
For NQ it would correlate to a large squeeze towards 17,055.
On the surface, the NS spiking to 17K "appears" unlikely in the
extreme.
Given AAPL completed an 8/8 indicating the potential for Price
to move sharply lower, it's a very mixed bag.
Signals are all over the place, but at this time, they are in fact
pointing up.
Yes, it's abnormal, but what isn't at this point.
________________________________________________________
This is a Short Term topping process, with the potential to get more
extreme.
Within the Larger and expanding ranges - e cannot discount a Large
Squeeze.
None of the persistent Price Action remotely passes the sanity test.
Everything is beyond suspect, distrust, and unwarranted.
____________________________________________________________
The Stock Market is the Economy.