Charts: Trending Instruments

the price action in oil... is very measured.. with consistent progression. This type of action keeps the trend healthy instead of going parabolic...

a war eventually needs to start to cure the Oil price action, drawing in more emotion into the market to create limit up moves.

all this doesn't bode well for equities,..
 
Thanks Spectre for the tip. That is a big help. I really like the beauty and simplicity of your approach.
Your instinct is something that I would like to aspire too but your "critical interpretations" is something I am lack.
 
Quote from Spectre2007:

the price action in oil... is very measured.. with consistent progression. This type of action keeps the trend healthy instead of going parabolic...

a war eventually needs to start to cure the Oil price action, drawing in more emotion into the market to create limit up moves.

all this doesn't bode well for equities,..
More...

Huh? I don't understand..........trend healthy but....... cure PA for limit up moves. Guess I'll have to think about that one. Have nice 4th!
 
Quote from hobber123:

Huh? I don't understand..........trend healthy but....... cure PA for limit up moves. Guess I'll have to think about that one. Have nice 4th!
More...

limit up moves create pain on those who are counterparty to the longs in the market, that pain prevents 90% of the people from engaging in another position of that bias, so more and more people will shift to the long side, when only buyers persist and counterparties become scarce only willing to accept higher and higher entries for shorts, this eventually creates, a one sided market in terms of emotion, this one sided market eventually leads to even the novices getting long, the fundamentals and supply glut will catch up, and institutions will pick a day create limit down moves in price thus creating wider and wider range volatility. This usually signifies significant market tops....

thats why limit up moves such during the start of a new War, may ultimately be the cure for the price.
 
notice how the downward trendies are breached as the slopes become less and less till eventual trend shift,

also important the trendie breaks and is confirmed with MA crossover with start of new bull run..

<a href="http://content.screencast.com/media/73158415-fb4a-41d8-8b5a-37122fe6c592_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07042008-191501.jpg"><img src="http://content.screencast.com/media/73158415-fb4a-41d8-8b5a-37122fe6c592_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07042008-191501.jpg" width="1916" height="1103" border="0" /></a>
 
Quote from Spectre2007:

how much would you like to bet the next employment report will come in strong?....

the FED had the numbers at last weeks meeting...
More...

employment was weak, yet there was dissention in the FED.

means FED is willing to let unemployment rise to mitigate inflation..

good for bonds, bad for equities.
 
triple moving average long term trend system on a basket of commodities using 30 years of data..

cutting loosers, and letting winners ride..

<a href="http://content.screencast.com/media/d917aa50-ba5f-430f-b5ef-e51e1d0843e9_af258a57-ae15-4d9b-aa17-719f3d118ede_static_0_0_07042008-194241.jpg"><img src="http://content.screencast.com/media/d917aa50-ba5f-430f-b5ef-e51e1d0843e9_af258a57-ae15-4d9b-aa17-719f3d118ede_static_0_0_07042008-194241.jpg" width="836" height="568" border="0" /></a>
 
<a href="http://content.screencast.com/media/b0f8144f-5a1c-4aba-ac39-c5cda455d796_af258a57-ae15-4d9b-aa17-719f3d118ede_static_0_0_07122008-102849.jpg"><img src="http://content.screencast.com/media/b0f8144f-5a1c-4aba-ac39-c5cda455d796_af258a57-ae15-4d9b-aa17-719f3d118ede_static_0_0_07122008-102849.jpg" width="1888" height="1044" border="0" /></a>

1170-80

Sunday/Monday

limit down day...

-60

1240-60 = 1180
 
vix to 40

the worst financial crisis in memorable times... would warrant the highest Vix of memorable times.

<a href="http://content.screencast.com/media/cd6e0e89-0a80-47e0-ac88-6399a501f958_af258a57-ae15-4d9b-aa17-719f3d118ede_static_0_0_07122008-103538.jpg"><img src="http://content.screencast.com/media/cd6e0e89-0a80-47e0-ac88-6399a501f958_af258a57-ae15-4d9b-aa17-719f3d118ede_static_0_0_07122008-103538.jpg" width="1894" height="1026" border="0" /></a>
 
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