Showing posts with label Oil. Show all posts
Showing posts with label Oil. Show all posts

Tuesday, February 21, 2012

Volume Based Analysis - My First Time

Credit to Salad from smartvolume.wordpress.com who gave me settings for his indicators on 2 day, 1 day ad 60 min. I am just using 2-d for this analysis.

Selling on DJ-Tran continues


Buying on VXX has picked up


Bear exhaustion on Dollar, Buying about to begin


Bull on Oil continues


Selling on GOLD continues behind the scenes


Looks like selling on silver is about to begin but signal not confirmed yet.


Website used is marketvolume.com

Thursday, December 2, 2010

We are at RSI resistance.

All of these are RSI resistance charts except one (and that is TLT at RSI support).
enjoy. Looks like market is ready for a pullback.











Monday, November 29, 2010

International Markets are confirming downtrend one by one

Confirmed bearish trend today
FXB Pound 13 sma below 34
INP India 5 below 13, 5 below 62 and 13 below 62 EMA
IYH Healthcare DOW Sector 13 sma below 34

Confirmed bullish trend today
USO 5 above 13 and 5 above 62 EMA
OIL 5 above 13 and 5 above 62 EMA

May confirm bearish trend tomorrow
ACWX All world excluding USA
IYF Financials DOW sector
RSX Russia
EWH HongKong

Looks like International markets are breaking apart. EWZ, EPI, EWP have already confirmed bearish trends and now ACWX, EWH, RSX are in line.

I have 25% of my 401-k tied up in emerging markets wich is comparable to ACWX. I may close it tomorrow.

Looks like money is being rotated to Oil sector. XOM had given me bull signal on October end of opex day. Today, I got out out of JNK calls with 3% profit and bought DIA calls when DJI tested Opex S pivot. I had also bought EWZ calls when it was testing Opex S pivot. Both had OK profits by EOD. I will close those soon. Tomorrow is last day of month and it is critical for EEM. I will be watching.

Friday, July 10, 2009

Oil - back to 35?