Gotta love ZERO RISK in the SP500 = $$$

a multiyear h&s has formed on aapl

action after earnings would confirm it

nobody is expecting a recession in a zirp environment...everyone forgot that zirp only makes the rich richer, not the middle class which makes up most of the consumption sector
 
Staying away until after FOMC. My gut feeling is that the fed will be incredibly dovish again, Dec rate hike will be taken off the table and the market will rally into Christmas.
Yep, your going to make some money, wait for a dip though.
 
WHAT!!! WEAK DATA LEADING UP THE THE DOVISH FED ANNOUNCEMENT...IM SHOCKED!!!

After the meeting we will get back to weak data is good, means fed will not raise....BLAST OFF....TREES REALLY DO GROW TO THE SKY....
 

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Not quite what i had in mind, get rid of the noise. You need to overlay the SP500 line chart in the background, and just use a moving average of the AD data. Hide the AD bar or canel, jusrt use the moving average and sp500 price data. Your looking for a higher high in the sp500 price and a lower low in the moving average, you know a divergence.

Price made higher high but AD line did not. I will work on it tonight, this is an excellent way to see underlying weakness, in both bull and bear markets.
 
Not quite what i had in mind, get rid of the noise. You need to overlay the SP500 line chart in the background, and just use a moving average of the AD data. Hide the AD bar or canel, jusrt use the moving average and sp500 price data. Your looking for a higher high in the sp500 price and a lower low in the moving average, you know a divergence.

Price made higher high but AD line did not. I will work on it tonight, this is an excellent way to see underlying weakness, in both bull and bear markets.

Why don't you post a chart?
 
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