$gold and $spx charts are updated
watch Syria the Russians have set a trap
Sunday 27 March 2016
Sunday 20 March 2016
Weekend Wrap
the calm before the storm...............
"when the blood is running in the streets then thats the time to buy!" Sir John Templeton
"when the blood is running in the streets then thats the time to buy!" Sir John Templeton
Tuesday 15 March 2016
March 15 2016
the Ides of March
the big picture
$spx
1 day
critical week if prices cannot rise above the ice line its going to be a rough summer for the Bulls but picnic basket raiding time for dah Bears!
the big picture
$spx
1 day
critical week if prices cannot rise above the ice line its going to be a rough summer for the Bulls but picnic basket raiding time for dah Bears!
Sunday 13 March 2016
Weekend Wrap
where its at!
as Dr. Richard Alan Miller puts it
"on the good ship Mother Earth: the occupants and crew are fighting in every corner of the ship, they are toying with the operating systems as they search for the operating manuals, adding 2 million new crew members every week..."
I constantly remind my clients that is never the money that is hard just the people around it!
Russ
charts charts charts will once again be updated on the fly time to get those veggie seeds started
as Dr. Richard Alan Miller puts it
"on the good ship Mother Earth: the occupants and crew are fighting in every corner of the ship, they are toying with the operating systems as they search for the operating manuals, adding 2 million new crew members every week..."
I constantly remind my clients that is never the money that is hard just the people around it!
Russ
charts charts charts will once again be updated on the fly time to get those veggie seeds started
Thursday 10 March 2016
March 10 2016
our daily breadth.....
waves of optimism followed by waves of pessimism, today's sponsor is optimism
Market Breadth
| Issues | Number | % |
|---|---|---|
| Advancing | 119 | 50 |
| Declining | 117 | 49 |
| Unchanged | 4 | 2 |
| Total | 240 | 100 |
The fraction of the overall market that is participating in the market's up or down move.
Market Volume
| Issues | Amount | % |
|---|---|---|
| Advancing | 152,599,475 | 55 |
| Declining | 112,559,698 | 41 |
| Unchanged | 10,966,695 | 4 |
| Total | 276,125,868 | 100 |
The volume of today's trading that is participating in the market's up or down move.
New Highs and Lows
| Issues | Number | % |
|---|---|---|
| 52-week highs | 7 | 3 |
| 52-week lows | 1 | 0 |
| Total | 240 | 100 |
The number of stocks in the index reaching a new 52-week high or low today.
in the spot light:
$gold
Analysis - Catapult
Conclusion - rising $gold price = loss of faith in USD$ falling $Gold price = renewed faith in USD hot air and missiles ..... missile's can be pretty convincing
Action- buy the dip or dollar average
Saturday 5 March 2016
Weekend Wrap
the big picture........
Ever since I began my career in the dubious world of finance I have always, and I hate to make a pun but, shone when it come to the analysis of Gold and to a lesser extent Oil and most other commodities. and instruments.
There is just something about it that I understand on a very deep deep level that I can not explain but I am willing to share.
Below is a completion of a minor 1st wave Elliot Wave with perhaps some more upside but an A-B-C correction in the cards .
Point and Figure gives very clear Elliot Wave counts as well as useful in identified cycle strengths and duration's as below.
charts are being updated on the fly this week!
Ever since I began my career in the dubious world of finance I have always, and I hate to make a pun but, shone when it come to the analysis of Gold and to a lesser extent Oil and most other commodities. and instruments.
There is just something about it that I understand on a very deep deep level that I can not explain but I am willing to share.
Below is a completion of a minor 1st wave Elliot Wave with perhaps some more upside but an A-B-C correction in the cards .
Point and Figure gives very clear Elliot Wave counts as well as useful in identified cycle strengths and duration's as below.
charts are being updated on the fly this week!
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