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FTSE 100 tested the 6580 target this week

Posted on December 28, 2018 Written by bobd

FTSE 100 tested the 6580 target this week. … [Continue reading]

TLT major level migrated

Posted on December 28, 2018 Written by bobd

using 30minute data the major migrated lower from 121.0 to 118.84 earlier in the month. With time at 121.0 it could easily migrate back to that level. Note there has been no clear rejection from 121. Price above that level would put TLT in a stronger … [Continue reading]

Gold GLD has reached Major Resistance

Posted on December 28, 2018 Written by bobd

GLD has reached the Major Resistance at 121. Time above this level would be a stronger LT position. … [Continue reading]

Dollar Index 28th December 2018

Posted on December 28, 2018 Written by bobd

I'm seeing indications of weakness for the dollar in other charts so maybe we'll see a test of 94.80 for the dollar index but as long as it holds above that level it's in a strong position in the LT. … [Continue reading]

GBPUSD up from Support

Posted on December 28, 2018 Written by bobd

earlier in December GBPUSD reached the 30mn Support at 1.2481 … [Continue reading]

EURUSD 28th December 2018

Posted on December 28, 2018 Written by bobd

EURUSD is having a problem printing above 1.1450, the 1/2R but is being Supported by the 1.1310 level (previously a major controlling price). Time above that 1/2R would indicate strength. … [Continue reading]

USDJPY major poc has moved

Posted on December 28, 2018 Written by bobd

USDJPY - the major controlling price recently migrated to 112.60. If chart prints below that level it is in a weak price location. … [Continue reading]

Rydex ratio falls to two year low

Posted on December 28, 2018 Written by bobd

Rydex ratio falls to two year low My version of the Rydex Assets Ratio was slightly higher at 6.95. Up from 6.41 on Monday, the lowest ratio since November 2016. … [Continue reading]

Equity fund flow through 26th December

Posted on December 28, 2018 Written by bobd

lipperusfundflows reported Equity Fund (inc ETF) inflows of $5.2 Billion in the week to 26th December. The previous two weeks had a joint outflow of -$80.8 Billion which was extreme to say the least. The 4wk flow number is now at -$74.89 Billion … [Continue reading]

AAII Bears% highest since April 2013

Posted on December 28, 2018 Written by bobd

AAII (public poll). Bulls% was higher this week at 31.5%. Two weeks ago Bulls% fell to 20.9%, the lowest since June 2016. Bears% was also higher this week at 50.3% the highest since April 2013. The 4wm ma of nett (Bulls minus Bears) is at -15.45, the … [Continue reading]