Monday, February 20, 2017

charts: See these VIX charts!


Courtesy of IndexIndicators.com
This a 10DMA of the VIX.  Note the pattern that repeats.  The pattern is highlighted in yellow.  In that area see the VIX bottom in red circle then move up to blue circle then fall in the red circle a second time, indicated by a blue vertical line, before the the S&P500 drops. 
A big reminder that the VIX chart is inverse to the S&P500!
There was another pattern not highlighted, Nov 2013 to Jan 2014 which led to the Feb 2014 low.
We may now be in the beginning phase of this pattern repeating again.  Keep an eye on it!

Courtesy of IndexIndicators.com 
This chart of the VIX is the 20DMA of the VIX relative to it's 200DMA.  So it moves slower than the first chart above.  Turns are highlighted in this chart as well.
Keep an eye on these two charts.

Keep following JustSignals using Twitter, @StockTwits or Follow By Email. Just submit your email address in the box on the Blog homepage. This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  Past performance is not indicative of future results

% SPX Stocks above the 20DMA

Courtesy of IndexIndicators.com
Keep following JustSignals using Twitter, @StockTwits or Follow By Email. Just submit your email address in the box on the Blog homepage. This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  Past performance is not indicative of future results

Friday, February 17, 2017

XIV long term chart

After posting the XIV chart in the previous post, the following chart was seen at Kimble Charting Solutions.  It may give more insight into the way XIV is acting.
Courtesy of Kimble Charting Solutions
Click on the chart above to read the notes on this chart !

Keep following JustSignals using Twitter, @StockTwits or Follow By Email. Just submit your email address in the box on the Blog homepage. This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  Past performance is not indicative of future results

Chaikin Charts: DIA, SPY, QQQ, IWM, XIV

In a few of the following charts, DIA SPY QQQ IWM, there is one thing common.
They are all in the OverBought area.
Courtesy of ChaikinAnalytics.com
Courtesy of ChaikinAnalytics.com
Courtesy of ChaikinAnalytics.com
Courtesy of ChaikinAnalytics.com
The type of high and reversal on the XIV is unique.  Hopefully some of the following from Invesopedia and StockCharts.com are helpful.



Keep following JustSignals using Twitter, @StockTwits or Follow By Email. Just submit your email address in the box on the Blog homepage. This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  Past performance is not indicative of future results

Wednesday, February 8, 2017

Picasso Cycle Dates

In this update only the dates will be mentioned with an "H" for high and a "L" for low.
The chart amplitude can and will be misleading at times.
In addition, it is the date that is most important rather than if that date is a projected high or low with amplitude as sometimes shown on the chart, not shown.
One important reason is because in some cases a date may invert and the amplitude and the "H" or "L" may not mean anything.
A low may actually turn out to be a high and visa versa.
Also it is very important that other tools always be used to confirm any potential ST Cycle Date. 

Picasso Dates, always +/- 
Jan 17-26 H
Feb 1 L
Feb 5 H - was not included in the last post
Feb 9 L
Feb 13 H
Feb 16-28 L & potential some sideways chop



Comments
The Jan 26 H turned out to be a high and Jan 31 turned out to be a low and only one day off the Feb 1 L Picasso date.  Feb 5 H, was not included in the last post, but, so far highs on Feb 3 & Feb 7 straddled this Picasso date.

Long term indicators appear positive, so far.  Negative divergence on many indicators have been broken very late last year and so they now suggest further upside.  So, if small pullbacks develop into the Picasso cycle dates and daily indicators are OverSold, it may present a good buying opportunity.
In addition, LT cycles suggest a high April +/-, low August +/- & high November +/-.  Always remember to confirm cycle dates with your or your professional investment advisors analysis.

Keep following JustSignals using Twitter, @StockTwits or Follow By Email. Just submit your email address in the box on the Blog homepage. This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  Past performance is not indicative of future results

Friday, February 3, 2017

Compare 1929 & 1987 to 2017

Courtesy of @GordonTLong
Courtesy of @JLyonsFundMgmt
It signaled today, meaning, very recently...
Only time, noted here, that it did not work was in 1987.

Keep following JustSignals using Twitter, @StockTwits or Follow By Email. 
Just submit your email address in the box on the Blog homepage
This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results


chart: SPY & REI by Tom DeMark

This chart is self explanatory.

Keep following JustSignals using Twitter, @StockTwits or Follow By Email. 
Just submit your email address in the box on the Blog homepage
This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results