Hellork

Hellork

We are looking at some divergence on the MACD this week. The similarity of this activity with prior weeks, along with candle wicks, prior support, double bottoms, and market sentiment, could be pointing to weakness in the downtrend. A break out of this bearish channel would lend some credence to what we are seeing here.

Hellork

There has been some divergence showing up on the daily chart again. This, in conjunction with candle wicks and prior resistance, may have been interpreted as a slowing of momentum and a possible dip buying or slam play opportunity coming up. A break below the upward wedge would confirm.

Hellork

This chart demonstrates beautifully how better results might be obtained by using candlestick reversal patterns instead of just blindly following a lagging indicator. DISCLAIMER: This is not a trading strategy or plan that anyone should use out of the box. This is not investment advice, but please establish your own entry and exit rules for the securities you...

Hellork

Volume on TVIX has been dropping off. This might suggest that buying and selling is approaching a turnaround point, probably by week's end. But the problem with using timing as a sole criteria is prices could fluctuate wildly during periods of high volatility. And stops could be triggered.

Hellork

As February draws to a close today, markets have taken a swift and decisive beating. Some stocks that comprise the S&P index look (Boeing, Cisco, etc.) look like they could close below the 200-period weekly moving average (MA), coloring them bearish. The S&P is currently at or near Support 1 (S1). With some stocks pinned below the weekly MA, index recovery...

Hellork

Captain Obvious points out that VIX is in a large wedge formation. Notice that previous times VIX broke out of a similar wedge, volatility increased and stock prices tumbled. If this correlation suggests anything, look for something to happen around the Ides of March (5/15). Until then, are we to suppose low VIX might just keep correlating with bullishness? Going...

Hellork

If SPY fails to push higher over the next couple of days, it will look like a Head and Shoulders (H&S) pattern. That could signal a directional move downwards is in the works (red arrow). In case this warning is correct and it makes another lower low (dotted line), traders will be estimating the potential profit and stop-loss probabilities for a complex bounce off...

Hellork

This might look like a bottom pattern but use own diligence. *Not trading advice*. What do we have here? Expanding wedge. This chart is upside-down, let's say, to remove bias... Price hasn't broken down below, at this writing. So maybe it holds? The graph could range along the bottom for up to a week if this is anything like the prior event highlighted on the...

Hellork

BTC is approaching an interesting zenith

Hellork

This Candle Length Average Multi-timeframe (CLAM) indicator started as an experiment to try to filter out market noise and spot signals others are missing. Understanding exactly what it is showing is a work in progress. The histogram is plotting a fast trend of candle lengths, positive or negative. It is an average of open-close cross using the triple-ema (TEMA)...

Hellork

Major moves tend to pause with a small, opposing line break, and then continue on. Is this situation any different? #linebreakcharts

Hellork

Something in the chart has been signaling that BTC is going down in spite of the hype. It seemed reasonable that it might bounce back, at least to 9K. Now the outlook doesn't even look that good. On the one hand, it would be nice for the promoters to exit on a bounce. To go short from higher up. But there is no need to mislead everyone. Halving, news, indicators,...

Hellork

Heikin Ashi candles work best with the Candle Length Average Multi-timeframe (CLAM) indicator. When CLAM diverges after major moves, it means a support or resistance level has been hit and prices are stuck or trending away. Divergence can go on for days. CLAM merely shows where prices should be going if the previous trend is in continuation. If the long-term...

Hellork

This is just an idea about where I think prices are headed based on support and resistance, along with my new indicator that suggests gaps to be filled between 292 and 295.

Hellork

Domino's Pizza (DPZ) pushed up through the downtrend that started in June and is perhaps ready to bounce off the top of the trend for the holiday and game season. Reasoning: The overall market was having a tough time yesterday, creating a lot of opportunities. As prices recover (or not), many stocks could follow. Of course, this is just an idea. I could be...

Hellork

This should be an interesting trade. Expect overcorrection because this stock is volatile. Maybe test with a small amount at a higher point (2) and put a joke stop-loss order somewhere around $20, fully hoping MMs take it out. Do not put a limit order down there or prices will never go down to that point. Instead, drop a market buy or complex option spread right...

Hellork

This sort of sums up all the targets being called out from on high, but in a way that combines fractal flipping, chart patterns, and waves. We were all expecting something big on September 11, but nothing happened. Or maybe BTC flipped again. The flip traces sort of a mirror image of previous prices. Looking at a chart patterns site, it was intuitive to visualize...

Hellork

OXY could be headed for the little, red boxes. How do I know? It's very simple. So I noticed a pattern of options expiring at resistance or support. The red boxes are options expiration dates. The hypothesis of this experiment is to plot options expiration dates against key support and resistance levels along a predetermined path extrapolated from earlier moves.