Last week's Volume Oscillator for reference
1/31 = -412/1 = 3
2/2 = -15
2/3 = -7
2/4 = -8
This week's VO
2/7 = 11
2/8 = 19
2/9 = 0
2/10 = -7
2/11 = 12
This post will be updated nightly throughout the week, so check back periodically for new information.
Hi Parker,
ReplyDeleteAfter watching your YouTube video titled "Double Ts", I'm wondering if the chart linked below has any validity? I believe I am correct in running a 10-day EMA to represent your sentiment oscillator composed of the $NYAD:$CPC. If so, it appears that this might be projecting a top as well?
Thanks for your work on both Terry's site and your blog.
-Jason
http://stockcharts.com/h-sc/ui?s=$NYAD:$CPC&p=D&yr=0&mn=8&dy=0&id=p36971520586&a=224241673
Hi Jason
ReplyDeleteI'm not sure that's a double T, but there are a lot of signs pointing to a mid-February change coming.
We'll see how it pans out.
Hello Parker
ReplyDeleteRemembering your previous MFT for Gold(Dec 7) was right on the spot:-)
I have a question on the current MFT for Gold, it has a mid February end, can you please specify a date if possible?
Hi relax787
ReplyDeleteI'm having second thoughts about a mid-February gold top. I'm going to watch the action very closely next week.
Hi Parker
ReplyDeleteCan you elaborate on the Gold MFT?
gld's weekly chart shows a MFT ending in a couple of weeks.
ReplyDeleteParker,
ReplyDeleteBased on your MFI, are you expecting a pullback withing a day or two...or at the end of next week on the S&P.