Tag Archives: NYMO

VIX On Long Term Support

VIX volatility index also known as the fear index is resting on the long term support line. The week ahead will determine if this post NFP rally in stocks has any substance. VIX weekly with long term support and key … Continue reading

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Stop Hunt

When you get a big move in one direction it is often the case that you will get some rebound or retracement. This can often be extended due to stops being taken out on short positions. I believe that is … Continue reading

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Some Fear Showing But Not Yet Extreme

“Wisely and slow; they stumble that run fast.” CNN Fear & Greed Index now 42 not far from where it was a week ago at 53. Markets were more fearful this time last year and then went on to rebound in … Continue reading

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A Few Charts Of Interest Study

I am not seeing any clear direction in the indicator charts that I follow. We need to see some clarity before forming too many assumptions. There are so many different factors that could come into play over coming weeks that … Continue reading

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Line Ball To End The Week

Just a quick post to cap off the week. I was really hoping we would end the week with some clarity but it will now be next week before we are likely to get any answers. I just do these … Continue reading

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Markets Move Closer To Confirmed Reversal

We had another week of grind as the markets turn off the top. The markets are in a distribution so nothing will happen very fast in this condition on the reversals. This type of market condition requires a great deal … Continue reading

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MEGA IMPORTANT CHART POST!!!

These are a few of the charts that I am looking at in the week ahead. I want to show that there is more to analysis than you might think. The more information we have at hand, there higher our … Continue reading

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NYMO sitting at neutral/bullish

$NYMO is just sitting in neutral/bullish zone. Watching for a cross back below zero. $NYA weekly ended the week on key resistance. Waiting to see the latest margin debt figure. Source: dshort.com Source: dshort.com

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NYMO very simmilar to last October

We have had an almost mirror image of what happened last October. If this is really a repeat of that setup then we could expect to see a rebound around mid April until the end of April. That would give … Continue reading

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