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The Second Hill


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Posted

NYSE

 

The chart looks a bit like yesterday's in that TRIN is bearish (above 1.0) and TICK spends most of day bullish (above 0). Could this be the fortelling for same play tomorrow morning with a gap down? Not sure, but getting that feeling.

post-3-1039030367_thumb.jpg

Posted

Here is a 50% regression channel produced automagically.

I posted this last night so today's action is not represented. Static chart.

 

Gold bounces off the 50% channel and knocks up against the 120 congestion zone. It's a cliffhanger.

 

 

post-2-1038975392.gif

 

Europe:

I think rate cut is already baked in the cake but who knows if the boyz will use it as an excuse.

Posted

rockhead, really sorry about the logo stamp. This is a beta version and it gets stamped..... or I could purchase a older version. I didn't think it would come through or I would have added some info.....

 

looks like charmin has the idea though.

 

As you have probably already noticed. Every different timeframe gets a different reading..... therefore I think important to stay within ones desired trading timeframe. Like most other ta charts.

 

just another tool to play with.......

Posted

Anyone holding Kinross should note that some serious selling is starting to come into that stock. 50 Million shares are coming into the market tomorrow as well as warrants. May be priced into the market..... may not. but anyone wishing to add exposure to K might want to pick up some leverage via the warrants which are good for 5 years at a strike of 5.00 Can. Stock is currently at 2.90 with a year high of 4.44.

 

K is my first pick for a mover and shaker... really volatile though. Made a heap on it.

 

anyways, I know Fokker put his mom into it and I thought he might like to know the scoop.

Posted

goin up to retest 920?

 

You guys know how to do a screen capture? Hit 'alt' and 'print screen' simultaneously. That will capture whatever is in the active window and put it on your clipboard. Just pastr it into a graphics editor, crop it, and save it. Then you can upload the file.

Posted

fed is worrited ,again, there is the standard + 4 digit tick reading.

Posted

Let's see. top of 3 day channel. Top of scenario uno on 5-8 day channel. Close to time for 1 day cycle high. cmap looks like 922 or there abouts.

 

This is what you call your infartion point. It's like an inflection point.

 

Or infarction point.

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