WEEKLY Wyckoff Chart
Worth noting is divergences in CIs vs both DJ $TRAN (Dow Jones Transportation Index) & $RUT (Russell 2000)
that is BEARISH for these two leading indicators.
our coveted SP1-momo Chart
We are on BUY-BUY now (as of Thursday night Close) and momo is at -5.6
we just had a SELL signal in $NYA -- the @NYSE Composite
VIX & VXN Chart
shockwaves in progress as Vol CIs pull up .... $VIX target = 22+ (+4 sigma)
It is all about LEVELS.
A quick look at how they played out last week (this chart is SEP basis)
For MAC+ Affectionados
During past week while JapYen would lead or decouple ES, MAC+ stays with its intended mission
% of Components above 200-day Moving Averages
88% notice it is below both 20 & 50 MAs. once it takes 80% out, we go further dn