- Rank: 72
- Followers: 8
- Votes: 82
- Years Member: 6
- Last Update: 19 February 2020, 9:01
2/5 Buy?? SELL! (1/31, 3pm). Look for a 10-20% drop in 6-8 weeks. See $ 008 (p.2) for a very good indicator of the SPX direction. See $ 017 for market reaction to 2003 SARS outbreak. It may be a guide to today%27s Chinese flu epidemic.
2/5 Huge gains imply strong market up. Waiting one more day for winners to emerge. I find it strange that the smart money was so worried about the coronavirus that they bailed out...yet jumped back in because there MAY be an antidote (IF it passes trials over the next year).
Organization of charts starts with my key indicators
$ 001 Information posted showing significant changes by date
$ 002-019 Key Indicators updated as they change.
$$ Current Buy/Sell signals
$$ Watch... our Watch list picks--kept as relevant
$$$ Results from past signals
$$$$ Retired charts
Look here for key daily comments
Look here for key daily comments
7/17 Green Elder line moving lower. Probably a temporary slowdown.
6/10 Move above lower band and >50 gives cautious optimism.
5/27 Red price closed below lower band and in the Moderate Bear Zone. Very bearish!
5/20 Drop confirmed, see red arrows.
5/16 Red bar means the start of a down trend. Stay tuned to see how long it will last.
5/10 Rough week on Dow is reflected in dropping blue Elder bar. There is room to drop further without doing technical damage. Hanging in there for now.
4/29 Blue bars indicate slowing.
4/3 Strong bounce upward. Let%27s see how high it rises. Maybe above channel.
3/29 After a 200+% rise, it%27s time for a breather. The last time this indicator rose so much was in early 2016.
3/8 First Blue Elder bar confirms correction. For expected price action, see early 2016. I expect a short drop followed by a rally.
3/5 Weakening CCI, ADX and DOWHILO reflects market softness.Blue arrows
2/8 Green line nearing upper channel breakout implies top is near. Looking for short or long term top to develop.
1/26 After a 3+% gain the signal is slowing down. I expect a sell signal soon.
1/15 Signal turned Green= BUY
10/22 The $INDU dropped 7%, in line with our 6% prediction.
10/15 Monday of last week signaled the %27substantial drop%27.
10/4 Red signal drops to support line. Further weakness could signal a substantial drop.
8/6 Signal goes green. Let%27s see if it can break above resistance lines (red).
7/31 Signal line turned RED. Other indicators are joining in on the downside.
7/25 The short lived rally is fizzling. Yesterday%27s major average uptick was on light volume and participation.
7/20 A green bar! Time to reevaluate conditions.
7/10 A green bar would convince me we are in a Buy mode.
6/28 Signal turned red. Lower band dropped. Both confirm correction.
6/24 Signal line is still green but pulling back. It confirms 300 %27Deadeye%27 sell signal.
6/14 Five consecutive Green bars is a very strong up leg. A slight pause
3/22 Added to show triggers for Buy and Sell points.
7/8 Both ST and Intermediate continue strong.
6/24 After a rally, sectors are holding up well, with minor weakening.
5/25 The top is over! Most sectors are going down.
3/8 XLV is the first to turn red, leading the correction down.
2/7 Some weakening. Sectors are likely to rest after a strong spring up. Leadership is likely to change in the coming weeks.
May 15 Nearing a low.
Jan 21; Peaking. Expect a drop soon.
1/31 Sell signal
1/17 Buy Signal
10/9 A downturn is established.
9/14 It seems to be drifting upward since the late June shallow dip.
8/9 Tried to break upward 3x in the last 9 weeks. No rally here.
7/16 More of a topping than any strong bull run.
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