Pepsi had a volatile week after earnings and there was heavy selling on Friday. They missed on revenue from the streets estimate. Pepsi is impacted by volatility in the Emerging markets and currency valuations. The Awesome Oscillator now is showing a clear saucer sell with price well below the Alley-gator, blue line. I expect an increase of selling...
On the Bill Williams Alley gator trade system price is currently inside the alligators mouth which means no trade.Price needs to break the alley-gators jaw, blue line or take out the top fractal. The awesome oscillator is showing red bars indicating momentum is slowing and selling pressure. As a longer term investor I am in cash until market shows its hand. ...
This is GLD analyzed using Bill Williams' Chaos techniques and showing the apparent start of a 3rd Elliott Wave in the current up trend.
I am waiting for a Fractal to setup under the Alley-gator Jaw Blue line. price is still consolidating and the safe play is wait for the fractal until it breaks out of this range This is a weak short though as it is in a longer term uptrend and may be expanding its range
BA settled their labor dispute this past Friday. BA has been in consolidation and the Alley-gator has been compressed, or as Bill Williams describes the sleeping alley-gator. I would buy with a buy stop 2 ticks above the fractal marked; 138.90 My stop loss would be below the blue line or the gators jaw. BA is in a strong sector under accumulation the past...
On a weekly chart CAT is setting up nicely for a breakout move. It is in a tight consolidation range which Bill Williams refers to as the saddle point. I have highlighted the first bullish fractal. Will be setting my buy stop 2 ticks above that high. One could also put in a short entry on the fractal below the alligator. Either way this is a high probability...
IBM on the longer term is bullish however it is loosing momentum and setting up for a short. It needs to take out this fractal for the setup. According to Bill Williams when price is below the Jaw balance line it is easier for it to fall. This weeks candle looks ominous for the bulls. Will sell call spreads above for safety rather than buying puts or debit...