SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%Nov 13 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerry Olson who wrote (50090)5/10/2000 9:27:00 AM
From: HairBall  Read Replies (2) of 99985
 
OJ: My work via the TYX is signaling a bond rally is close. Will this technical rally be fulfilled due to a flight to safety?

Just following my charts as always, I'll let the "talking heads" assign the reasons, after the fact!

The NAZ Emini looks to open slightly below its rising consolidation pattern's supporting trend line (bearish flag). That would be an open below 3400. If that happens both the COMPX and NDX will open below their respective bearish flag supportive trend lines as well. (Semi-Log Charts)

If the NAZ Emini provides a follow through decline after the open...today could get dramatic. However, most of my intraday indicators are in the oversold area with my longest-term intraday indicator still moving into the oversold range. We could see a intraday pivot today...something to keep an eye out for...either way today could prove exciting!

Regards,
LG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext