Last week's Volume Oscillator for reference
11/8 = 51 11/9 = 6
11/10 = 23
11/11 = 4
11/12 = -41
This week's VO
11/15 = -4111/16 = -98
11/17 = -84
11/18 = -29
11/19 = -18
This post will be updated nightly throughout the week, so check back periodically for new information or you can subscribe to this post and receive updates by e-mail.
Parker, thought you might be interested to know the MFI has interesting time relationships on the weekly data as well.
ReplyDeleteFor example, the Nov '08 momentum low and the June '09 peak time out to the Jan '10 peak. The Sept '08 price peak and the Nov momentum low time out to the March '09 low. I also looked at a time frame in the 90's with interesting results as well.
In pulling up examples on daily charts I'm finding that the rules seem to work fairly well but I have run into trouble on some examples. It may be operator error, plan to spend more time with it over the coming days.
Thanks Luv
ReplyDeleteThe confidence indicator made quite the U-turn today. Watching how everything unfolds is amazing.
ReplyDeleteThe Vol oscillator barely went below the patterns from August (more like a double bottom)and probably pierced the ovesold band of the envelope Terry uses there. I'm guessing there may be a divergence fairly soon.
Unofficially I have the T-theory envelope on SPX as having started to curl down at the top today - but I have been wrong before. Terry has an update in the AM -but- I think he planned to chart gold instead, also interesting on today's action.
Should be informative as usual. Terry is a class act.
Update for Tuesday 11/16 = -98
ReplyDeleteUpdate for Wednesday 11/17 = -84
ReplyDeleteUpdate for Thursday 11/18 = -29
ReplyDelete