Thanks TRADINGVIEW for adding the MONTHLY time frame. A monthly frame helps to asses the BIG PICTURE.Currently we have mixed messages.The main trend is still UP, we have a green candle(not complete)above the 10(+8)SMA and the DPO still above mid point.The negatives are the lower bars of the DPO,and the stochastic Is falling below 80.Now the BUBBLE METER. As you...
An interesting article I read in the Nov.2011 issue of Technical Analysis of Stocks & Commodities.The point of the article is basically that investors and speculators with BLOATED portfolios bid prices higher for collectible art work.
We have a positive DIVERGENCE long signal in weekly in SLV. A official bullish long signal if price breaks above channel and or FISHER moves above mid point
THE CCI 100 does a good job of gauging the beginning of fear and extreme (end of) fear.When the CCI moves above the zero line the fear is starting to rise, as the CCI bars get longer the fear increases .When bars get shorter it signifies the end of fear is nearing.
THIS INDEX CAN BE USED IN 3 WAYS: short term overbought / oversold, .starting of a bear market and divergences for reversals.Currently there is a oversold & short term divergence so we could have a short term counter trend upside.
all indicators moving down, keep an eye on those mid points
CAUTION-------------NEGATIVE MONEY FLOW DIVERGENCE and RESISTANCE CLOSE BY.