most euro etfs are breaking 10 day MAs -- these sharp gap downs are usually the way a major trend starts... always starts with a rush.
/tf already below Fri. lows 902
/cl -1.15% - test of Fri. lows coming
/es below 1500.
most leader names red.
APKT -- buyout by ORCL.
selling GLF - on Barron's hype and ALXN -- raising cash.
NTT -- dividend payer now looks good. Will add.
euro ETFs-- this is a huge gap down. Big shift.
EWI gaps below 20 day. EWP down. EWG -- still above but will test 20.
when going With the Trend, can take a straightline trend break entry. When looking for countermove -- need the 5/34 xover full signal...
GLF -- out 38...
10:03 -- MAJOR BEAR SIGNAL -- can't get clearer. short /tf
10:13: -- another BEAR SIGNAL <----yes ---="" --="" -="" 5="" br="" day="" entry="" here="" of="" right="" the="" this="" was="">
AD -1300
FSLR strong from below
/zb new highs.
FTEK -- new swing up? need to wait for close.
market signals say stay with short -- confirming.
solar best sector -- FSLR, FTEK
/tf -- broke new lows... I covered. why? why would you cover here? with NO SIGNAL? with such incredibly weak readings? why cover?
AD -1500
UD -100
no reason to cover -- use stops....
puke candle - but signals confirm weakness. 10:47
/tf -- bounce to Fri. lows -- support? or resistance now?
looks like resist.
UV - worse
AD -1500
/zb new highs --
more downside -- correct to stay in short --
11:07 -- UV new lows.... stay short....
market signals will guide you and the charts will give you the spots to enter.
/tf - working on a xover but no pattern -- this is deadcat for now.
$VIX - nice regain of 20 day MA - from the bottom -- looks ready to rock.
TICK made a new HoD
/tf - folding again -- UV new lows -- stay short... dead cat
11:25 - new bear signal
AD - nLoD -1600 coming
UD - nLoD
/tf 899.6 - nLoD
new lows -- /tf
11:46 - bull signal - TICK nhod
/tf - testing 900 again. saw this little bounce coming.
/tf - still in DOWNTREND - stay short no 5/34 xover no pattern
UD - nlod -- shorts in control easily. No reason to play a bounce
-1700 AD
Trend Down Day -- simple. Easy.
-1700
/tf 897 -- -1.23% 5/34 MAs never crossed -- smooth ride.
Saw this perfectly. +4 ticks on the day instead of 75
12:14
/zb
TICK bullish signal YES - 20 ticks within 1/2 hour.
probably just deadcat -- no pattern no reason to countertrade.
SIMO already 2x vol. going into ER. Chance of miss: 99.99%... -4.3% this will be a disaster... sigh.
/tf -- 5/34xover at 12:26 yes - this is the time to cover - -there will be a chance to reenter later
UD new lows...
all the Inverse short ETFs on my Screen Mover... never see that like... ever.
This looks like 12:49 -- chop mode - -balancing a bit
AD climbing
/zb falling
UD - getting worse though.
/tf -- 900 -- stable
TICK 100 / 200 bouncing range.
12:50 - UD - huge BULL SIGNAL !!
UD - reverse - nlows -- sharp
UD nlows
AD - dropping
short /tf 5t stop
stopped -- was never a 5/34 xover plus we're in chop mode.
decided to take loss on SIMO instead of waiting -- 3x normal volume. If it pops I'll be upset but this is sticking to plan.
still grinding back up.
TICK solid.
DECK rising again -- 5% strong. Daily chart strong.
13:16: bear signal -- short /tf -- xover
/zb - confirm xover 5/34
/tf - 5/34 xover after triple top 1:31 -- DROP HERE? GREAT S.S.
NOTHING HERE -- afternoon flat.
SIMO - new lows
GLUU -- even worse.
EDAP, FTEK, DECK, NTT strong.
internals very weak -- /tf -- pennant formation -- loading up for a break.
short /tf - break of pennant - 3t stop - doesn't move -- should have broken.
BIG TICK - buy
MASSIVE BULL - 2:30
tick nHoD.
5/34 xover after pennant -- technically a long but Market Signals in TREND DOWN DAY -- best do nothing here...
SIMO -5% 4x volume. insiders know bad things?
/tf - slow grind up.
best to wait until 3 or 3:30 - these are the usual times the algos make a sustained move -- usually just chop when it happens early.
Bull signal at 2:58
/tf 901 - push.
AD -1660
doesn't promise for a strong close but -.85% already, Dow -100
tf 900 -- value area developing... natural place.
DECK -- strong chart. acting well
HAIN, ABMD - daily charts are fine and they went green. Nothing wrong here.
/tf - one long grinding TL since Puke Candle low around noon.
AD -- nailed the low
UD - keeps sinking -- not helpful.
nice add on NTT -- holding strong.
short 899.2
/zb - b/o
/tf -- TL break
TICK drop
TICK flip +600 trap?
stopped out -- trap?
rangebound --
Best action was morning to noon -- this is VPOC building.... no edge trading.
/tf - flip down
TICK -800 print.
Internals weak -- 898...
AD -1762 new low.... weak.
UD new low
/zb break out
should be lower....
TEVA - green by a penny.
took 11 ticks... still finished just green /tf -- despite it all. Hard to lose following signals.
-1000 TICK
-1800 AD
UD -- dropping all day was still a good tell /tf would print new lows at the end.
FTEK +4% 2x vol. ???
Easy trade was at the open after the first little short squeeze.
recap
strong
$VIX
/zb
weak ADV-DEC
weak U-D
weak TICK most of the day
easy trend down day - -just had to wait for the double tops, and 5/34 xovers.
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