Buy and Sell Signals, Market Analysis, Money Flow, True Strength

Michael Pitre Has Had Over 50 Followers Rank: 24 Followers: 65 Votes: 96 Years Member: 9 Last Update: 30 October 2014, 8:31 Categories: Market Timing
ETFs
Swing Trading

etfmaintrends.com

Visit me at etfmaintrends.com....link on the left under my name

Monday Update....

Light volume day as participants are on the sidelines ahead of
Wednesday's release of the latest FOMC policy directive. The market
has moved very fast off the recent low and is now encountering resistance as
it backtests the broken uptrend line and also at horizontal resistance. On balance
volume is still weak. Internals were on the negative side today. The market
is at resistance and is now waiting to hear what the Fed has to say on Wednesday
especially in view of QE ending this month.

Less

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QQQ and the Nasdaq have been the leaders so far this year.

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I like to keep tabs on this chart for a number of reasons. I have included VIX and NY up down volume. Indicators rolling over.

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This chart is for help in finding market bottoms. It is not used for finding tops...just bottoms. It's done a good job over the last few years.

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This chart almost had a triple moving average cross but it rebounded just in time.

! Japanese Yen - Carry Trade

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