hiker
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Registered: 12/01/04
Posts: 8,708
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| | 11/04/09 at 06:51 AM | Reply with quote | #1 |
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continued from -
http://fib_1618.websitetoolbox.com/post?id=3736513
Nov. 3
cumulative NYAD chart (breadth), with equity index prices and their major price horizontals...in the lower portion of this chart the 8-day and 20-day moving averages for the daily NYAD are displayed for the purpose of identifying relative extremes:
* cumulative NYAD approaches an important horizontal level ... will this level hold, if and when tested from above?
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hiker
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Registered: 12/01/04
Posts: 8,708
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| | 11/05/09 at 04:48 AM | Reply with quote | #2 |
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Nov 4
chart of the daily NYAD (breadth) since 2008, with a plot of the NYAD's 8-day moving average vs. the recent horizontal extremes:
* examine the lower three data elements in this chart relative to their configuration:
when the Nov 3 & 4, and the June and October, 2009, levels for the 8-day moving avg. of the NYAD resided at -550 area, or lower
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* will the average daily breadth now return back toward the zero line as it did in June and October?
* the lowest data element in this chart needs to hold its August low, and eventually return to an upward bias
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hiker
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Registered: 12/01/04
Posts: 8,708
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| | 11/05/09 at 05:03 AM | Reply with quote | #3 |
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Nov 4
$XAU resides in the main body of this daily chart since 2007 ... selected commodity futures above $XAU, ... and XEU (the Euro) and US dollar below the $XAU:
* for the $XAU, the daily CCI-272 has remained above the +100 level since early September, except for a brief period
* $XAU bulls want to see the 3,13,1 macd sustain a move back above the zero line for a trending move up
* note the US dollar relative to its $76.21 major price horizontal
(note the price lines and histogram contained in the chart below only show daily closes, not the entire day's price range)
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hiker
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| | 11/05/09 at 06:57 AM | Reply with quote | #4 |
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Nov 4
GDX 60-minute closes:
* CCI-272 needs a sustained move back above +50 to support another trending move up ... one idea of several
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hiker
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Registered: 12/01/04
Posts: 8,708
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| | 11/06/09 at 04:05 AM | Reply with quote | #5 |
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Nov 5
chart update for the daily NYAD:
* the 8-day moving average for the daily NYAD reversed back up today toward the zero line from the -550 level
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