QuantitativeExhaustion

QuantitativeExhaustion

US Government has run out of time and if the US markets have not peaked already they will soon. What's on the Agenda for US 1. Fiscal Cliff Deal/No Deal most likely action wait till next year.."kick the can" What's at Risk? ... Credit Rating Warning Feb/Mar 2. 1st Quarter Reported Earnings Results most likely better than expected 3. US Debt...

QuantitativeExhaustion

Euro and gold usually trend in the same direction. That was the case until mid-November when a rising Euro coincided with falling gold. The 20-day Coefficient has turned negative which is unusual. Recent change in the gold/currency relationship maybe coming from the yen. blogs.stockcharts.com

QuantitativeExhaustion

Here is a look at significant support/resistance lines for SLV chart.

QuantitativeExhaustion

Gold chart suggest we are nearing a critical point. People have long debated what is in store after Central Banksters exhaust all there abilities. The two prevailing speculations are that either the global economy will reach a liquidity trap or all the action from the Central Banksters is lagging and we will eventually trigger inflation. What is a Liquidity...

QuantitativeExhaustion

Great pattern to trade but the V Pattern bull run is over. Now we will most likely consolidate for next 4 to 6 weeks. Check out the fractals that shaped out the V (bear side/bull side) pattern. Now what to look for? Prior Reference Pattern Sequence ; 14 September - 18 October

QuantitativeExhaustion

Two possible outcomes here. Either we flatline near the top between the two resistances. The more likely outcome, is for this recent run to trend lower and hit the ascending support (blue line) once again. Lot of support confluence around the 143.72 line. Selling CALLS looks to be the better play here. In the world of buying and selling stock options, choices...

QuantitativeExhaustion

Eur/Jpy trade is over-shooting and in an overbought area. If the price shoots up and test the previous resistance I would enter a short position. Historical Chart of Short/Long positions. fxtrade.oanda.co.uk

QuantitativeExhaustion

Kick 'em up.. Kick 'em down.. Kick 'em All Around Dirty Laundry... www.dailymotion.com Shorts are always wrong before they are right... fxtrade.oanda.com Previously (25 days ago) I reported on what looked like a picture perfect Inverted Head & Shoulders in development. www.tradingview.com After taking another look, the Rt. Shoulder did not fill enough and...

QuantitativeExhaustion

DOW Transports has given us some incredible signals as to the overall market direction. Right now it's giving us a green light, but comformation would be reached if the DOWT can break the overhead ascending resistance (zoom out to verify). However, we should be careful for what we wish for. There is very strong resistance near the 5600-5700 level. Several major...

QuantitativeExhaustion

Here we are again near the 500 level. Another bounce to 600 is possible, many are still believers in a solid 2013 Q1 out of Apple. The last two quarters for Apple Inc. has already disappointed investors. Also, we have yet to fill the gap from mid-January of 2012 Domed House and Three Peaks Three peaks and domed house and its mirror, domed house and three...

QuantitativeExhaustion

The falling wedge continuation will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns. 1. Prior Trend: To qualify as a reversal pattern, there must be a prior...

QuantitativeExhaustion

Not a big position here looking to fill 150 contracts. Strategy is a simple Long Call, buying 148 Calls expiring December 30th. I have limit orders for .08 and .06. 3 to 5 bagger payout if SPY can hit 145 before Christmas. This is me... aka Russell Gold explaining a Long Call Strategy seekingalpha.com If you want to take action before you wait you could also...

QuantitativeExhaustion

Uncertain? Try a Strip Strangle. I also have moved the PUT buying further out to the end of the month, because a bullish move would come before the volatile bearish move. Right now PUT options are expensive compared to Calls, most likely pricing volatility ahead of the "Fiscal Cliff" deadline. One way to neutralize a strangle position is to perform a strip...

QuantitativeExhaustion

SPY Investors agree that a temporary trip over the cliff wouldn't be too harmful. However, there is a possibiltiy the US Congress will repeat 2011 debt ceiling showdown. The US Government is on course to reach the current cap on the debt ceiling March of 2013. VIX Falling Wedge thepatternsite.com Reverse Symmetrical Triangle (Complicated -- VIX Time...

QuantitativeExhaustion

Trading a V bottom is difficult because calling the turn at the bottom of the V is tough to do correctly. You can use a down trendline (drawn along the descending price tops leading to the V bottom) pierce as the buy signal but it's best to wait 2 or 3 days for price to confirm the tend change. You can also check the mirror angle. Often price will rise in an...

QuantitativeExhaustion

Inflation! All Around the Globe.. US Dollar Decline as China Becomes Importer in 2013-2016 Bloomberg - China will curb its reliance on exports sooner than the U.S. can cut its budget and external deficits, removing a support from the dollar that will unsettle currency markets, Morgan Stanley's Stephen Roach said. "In the next three or five years China will move...

QuantitativeExhaustion

At the end of the day executed CALL positions. Purchased 100 CALL contracts for 144 strike and 70 CALL contracts for 143.50. Would have liked to purchased more, however I've noticed large orders are getting sideswiped by smaller faster orders. So in this case, I broke up my orders into two different strikes without breaking my rules. Will be selling as soon as...

QuantitativeExhaustion

Currently holding on to weekly Puts on SPY. Ready to switch towards a bullish move if 140.20 price is targeted. AB=CD harmonic pattern is one of the many harmonic patterns that are extensively used to come out with a possible pattern of movement of currencies and stocks over a certain period of time. The main purpose of this particular Harmonic trading pattern is...