If you watch the S&P500 or invest in equities, you often want to know what the general trend in the market is and there is one very simple ratio you can watch that alerts you to when the conditions are dangerous. Oddly, the way the market works, however, is that once everyone has sold (or taken enough risk off of the table), the market can then find a...
When treasuries and and utilities outperform the market, we typically have volatility in the market. So, if these charts turn around to the north side, we will likely see another correction.
-Research work by Michael Gayed.
A study of the time frames involved in the oil drops of 2008, 2011, 2012, and now reveal... percentage drop versus time frame... 2008: 77% in 225 days, now working on a 66% drop in 188 days. If we repeat the duration of this oil correction, (Big IF) then we hold here and go up from here. Those saying we dip to 30 OIL are wrong. The BIG DIFFERENCE is there was...
I like TLT momentum as a leading indicator, with RSI trailing, and MACD is as low as it gets. TLT bouncing right off that support trend line nicely. Clear pivot points, think this sets up for TLT up, SPY down (and a little VXX up sprinkled in for good measure). Although this entire markets stinks right now, I am going with the theory, just hose your nose,...
The weekly chart for TLT shows a cup-and-handle formation. The handle has retraced exactly 1/3 the distance from the high to the low in three weeks. At this point, the retracement has encountered support from the 20sma.
I expect TLT will move upward in near term.
