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fib_1618

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Reply with quote  #1 
Are now up and can be reviewed by clicking here.

BETS -20: Neutral, Cash Position.

Fib


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hiker

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Reply with quote  #2 
thank you very much, Dave!

FYI -

Attachment #2 below displays the lower lows in June by the daily SPXA50R which contrasts with the Positive Divergence
displayed by the daily NYMO vs. the slower-moving Cumulative NYAD structure during the April to June 17th period

I also notice as of June 17th: 

Attachment #1 - the Cumulative NYAD is pointing upward and is resting near its declining 10-day ema during the current bounce attempt ...

Attachment #2 -  I really like the consolidation structure by the SPXA50R because:

Structure --- the most recent lower highs and recent lower lows by the SPXA50R - once this SPXA50R structure resolves definitively and actually holds a new structure for a period of time relative to its April pullback low and the 2013 advancing high, we may have some trending price behavior on our hands again

time will tell - LOL

best regards and take care, Dave.  - Steve

Attached Images
Name: NYSI_daily_-_June_17,_2013.png, Views: 88, Size: 75.08 KB

Name: SPXA50R_-_June_17,_2013_-_remains_above_the_April_2013_pullback_low.png, Views: 84, Size: 210.60 KB



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hiker

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Reply with quote  #3 
June 18, 2013

SPXA50R remains above the April 2013 pullback low

daily SPXA50R chart, and Note:

today the SPX price action closed slightly above the $1650 horizontal level marked as a solid green line
in the lower chart elements

Attached Images
Name: SPXA50R_-_June_18,_2013_-_remains_above_the_April_2013_pullback_low.png, Views: 79, Size: 211.49 KB



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hiker

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Reply with quote  #4 
June 18, 2013

I composed the comments below in March 2013, and repeat them without change for this same chart updated for today's close

the current consolidation by the SPY daily closes pattern structure now visible within the chart setting framework chosen for this chart tells a useful story for an objective probability assessment about the next direction

"SPY daily closes chart since 2009, with the smoothed daily NYSE Advance-Decline data -

* a SPY decline below $153.82 is required for a minor violation of the
upper level price structure, which is only a 1.3% pullback
from the Friday March 15th close

if we eventually head for more than 1 to 2% price declines
during 2013, it will be readily evident using this chart early on
in the decline sequence, since all the chart elements will have
much different characteristics than presently "

Attached Images
Name: SPY_daily_version_Price_is_King_-_June_18,_21013.png, Views: 78, Size: 178.92 KB



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hiker

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Reply with quote  #5 
June 19, 2013

NYSI continues lower, while the other chart elements are agreeing that more downside is possible, though follow through to lower levels by all these chart elements is required to give bears a comfy feeling for a very much longer period of time

time will tell - LOL - do notice that the cumulative NYAD action early this week appears more and more likely at this moment that the earlier upside action this week by the cumulative NYAD was merely a  brief snap back to the upside -- by making this statement I am relying solely on the cumulative NYAD's location relative to the declining 10-day ema, while at the same time the steady direction by NYSI is downward since before the May 22nd price high and downside reversal day

Attached Images
Name: NYSI_daily_-_June_19,_2013.png, Views: 73, Size: 76.14 KB



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hiker

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Reply with quote  #6 
June 19, 2013

these two charts say a lot about the price trend development in US equities since May 22nd and about today's price action by equities and by US Treasury notes and bonds

* NOTICE

1. the upward trajectory acceleration event today by the 10-year yield (chart #1)

and

2. the slope of the upward trajectory for several weeks by the 30-year yield (chart #2)

both of these observations are at this moment perceived by many market participants as bearish for US equities

--------------------------------------------------------------------------------

I have attached chart #3 for the TYX - 30-year Treasury Bond Yield - in late April for comparison

Attached Images
Name: SPY_and_TNX,_etc_-_%_gain_since_May_22,_2013.png, Views: 77, Size: 35.21 KB

Name: TYX_daily_closes_chart,_US_Treasury_Bond_30-year_yield_...d_also_Up_big.png, Views: 75, Size: 84.55 KB

Name: TYX_daily_closes_chart,_US_Treasury_Bond_30-year_yield_-_April_26,_2013.png, Views: 76, Size: 82.30 KB



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hiker

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Reply with quote  #7 
QQQ daily chart - June 19, 2013

* trading range upper boundary re-test from Below now has a 2-day outcome displaying
a Downside reversal from the upper boundary re-test event which took place again this week

NOTICE the daily RSI-14 has yet to decline below the 40 level during the year 2013

Attached Images
Name: QQQ_daily_-_June_19,_2013.png, Views: 68, Size: 72.59 KB



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hiker

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Reply with quote  #8 
June 20, 2013

 Attachments displaying the chart info. following today's action in notes and bonds and equities

1. TNX with SPY and others - percentage performance since May 22nd

and

2. TYX daily - a sharp one-day advance by the 30-yr Treasury yield today, with the background perspective
that the acceleration to the upside has been underway for several weeks as demonstrated by the slope
angle for the TYX daily chart

IMPORTANT Note: the TYX remains relatively range bound for many months within a lower level consolidation structure as is readily
evident looking at this long-term daily chart

Attached Images
Name: SPY_and_TNX,_etc_-_%_gain_since_May_22,_2013_-_June_20,_2013.png, Views: 51, Size: 33.63 KB

Name: TYX_daily_closes_chart,_US_Treasury_Bond_30-year_yield_..._weeks_by_TYX.png, Views: 51, Size: 84.63 KB



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hiker

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Reply with quote  #9 
June 20

Monthly SPX-EW chart - Equally Weighted index version - shown as chart #2 below

+

daily closes chart as chart #1

NOTE - the charts speak for themselves and require no explanation

Attached Images
Name: SPX_Equally_Weighted_index_daily_CLOSES_chart_-_June_20,_2013.png, Views: 46, Size: 154.91 KB

Name: SPX_Equally_Weighted_index_monthly_chart_-_June_20,_2013.png, Views: 43, Size: 118.51 KB



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hiker

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Reply with quote  #10 
June 21, 2013

SPXA50R daily chart update -

* the meaning of each chart element is readily evident

Attached Images
Name: SPXA50R_-_June_21,_2013_-_remains_Below_the_April_2013_pullback_low.png, Views: 35, Size: 210.85 KB



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hiker

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Reply with quote  #11 
June 21, 2013

for the selected symbols displayed n this chart:

1. the 10-year yield is the leading % gainer since May 22nd

2. the other symbols are % losers since May 22nd

Attached Images
Name: SPY_and_TNX,_etc_-_%_gain_since_May_22,_2013_-_June_21,_2013.png, Views: 34, Size: 32.92 KB



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hiker

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Reply with quote  #12 
June 21, 2013

Banking index weekly closes chart since 2009 -

Attached Images
Name: Banking_index_weekly_chart_-_$58.83_level_from_the_2010...June_21,_2013.png, Views: 34, Size: 82.85 KB



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