Monthly Archives: June 2011

Bond Yields Are Testing Crucial Levels

After a rally in bond prices that lasted almost 5 months, contrary to the expectations of many, the current three day correction has activated again important technical levels. Specifically, the CBOE Index of interest rate of 10-yr Note closed yesterday at 3.11, … Continue reading

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SLV Near Crucial Support Levels

SLV, the silver ETF, is approaching crucial support levels. After breaking the up-trendline T1, it is now close to testing the low of last month at the $32 level. If this support level fails, SLV will be faced with the … Continue reading

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S&P 500 Index Bouncing off its 200-SMA. Self-fulfilling Prophecy?

This question is proper for the whole of Technical Analysis; Is Technical Analysis a self-fulfilling prophecy? Take a look for example at the daily S&P 500 chart below, updated as of the close of yesterday. The low for the day was … Continue reading

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Reversal Signals from the p-Indicator

After a very strong signal for a rally in QQQ as of the close of last Monday, the p-Indicator now signals a reversal to the downside for both SPY and QQQ. Calculations as of the close of yesterday indicate a short … Continue reading

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A Rare Strong Signal from the p-Indicator

As of the close of Monday, June 20, 2011, the p-Indicator calculations for QQQ indicated strong buy signals with numbers that I have rarely seen before. I was very skeptical but, on hindsight, I shouldn’t have been given the indicator performance. This … Continue reading

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200 or 183? Ask the Data Mining Robots

Last Monday QQQ lows touched the 200-day simple moving average of its closing price. This remarkable event was immediately noticed and  references to it were all over the place. Maybe these references caused news and information data mining robots to consider this as … Continue reading

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