Year End Review (10 year charts and analysis)

Our daily Breadth................................... $SPX


HOLY FUCK!  what a year

10 yr Charts and analysis....enjoy!



$SPX

RSI  - Normal (transition)
Price  L1 Grid  -Frenzy (overbought)
MFI - Normal \(transition)
Stochastic RSI - Frenzy (overbought)


Analysis - the final gasp before the sell off

Conclusion - but the money has to go somewhere

Action - hold/sell trailing stop

$GOLD

RSI  - Solitude
Price  L1 Grid  - Normal
MFI - Solitude
Stochastic RSI - Solitude


Analysis - basing or old resistance becomes new support

Conclusion - falling gold prices = rising confidence in U.S. hot air and missiles

Action - buy/ Hold trailing stop

$WTIC 
 

RSI  - Normal (transition)
Price  L1 Grid  - Solitude (oversold)
MFI - Frenzy (overbought)
Stochastic RSI - Solitude (oversold)


Analysis -jump across the creek test, for sellers, old support becomes new resisitance

Conclusion - basing or set up for continuation dowm

Action -Hold/Buy trailing stop

$USD

RSI - Normal (transition)
Price -L1 Grid Frenzy (overbought)
MFI - N/A
Stochastic RSI - Frenzy (overbought)

Analysis - Flight to safety or crack up boom?

Conclusion - not for the meek

Action -Sell trailing stop