Notice the Divergence in NYA and NASX. Most of this is due to the lower prices in Energy, This bleeding in oil prices needs to stop. Else there is a chain of action that will dry the money docks from the markets. This divergence is very similar to the 2000 Tech Bubble. Currently, based on my opinion, the BIOTECH is setting up a similar chart.
Investors, 401k - Watch for the Main trendline break in Nasdaq.
Traders - Start trading what you see, and pick stocks wisely.
评论
UDAY_C_Santhakumar
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And that's what happened...
UDAY_C_Santhakumar
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NYSE - Fails at the top of its Range. Watchout SPY traders. Ticks hitting extremes selling after the low, could point a volatile market to come....
UDAY_C_Santhakumar
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That's how easy it is to predict if you know the probabilities. ;)
jangseohee
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using Log scale, NYA trendline since 2009 has been broken, price is doing flirting below it
UDAY_C_Santhakumar
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Awesome
jangseohee
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but NASX (Nasdaq Composite) has not even touched its 2009 trendline
UDAY_C_Santhakumar
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Nasdaq is over exposed to the BIOTECH bubble thats building up. If there is a Speculative RUN, that would result in NASDAQ. IWM also, but it is overly weighed by Financials, which will only and the only rally on Interest rate speculation. Based on the current Dollar Level, FEDs wouldn't try to fight it. Dollar on signs of weakness, there will be the speculative run on XLF, on interest rates. Some chatroom / message board mods are expecting another QE, which is highly unlikely in near future, IMO. QE on a strong economy is a diaster, strike, for dollars (FIAT) people will dump Dollar and inevitably rise the commodities, which is good for my GLD accumulation, but I am not expecting all this Dollar bad news for another 6 months.
jangseohee
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But bro, raising interest rate will shoot that Dollar into the moon!
QE4 will bring down the dollar and let SPX catch up with DAX :-)
lets see what Yellen has to say next two days
UDAY_C_Santhakumar
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Exactly, the point, Shooting the Dollar to the moon. There is a level of BOND sales they have to maintain to create income. This would have to keep the pressure on Interest rates. If Dollar shoots up, the Bonds will get dumped. (Distribution needs to happen in the BONDS, before they dump 'em). "Currency Battle" which is exactly whats happening now.
jangseohee
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Currency war already done once in 1987, don tell me history repeats
and many pple have confirmed that the calendar of 1987 is identical to 2015
So as William Gann's financial calendar :-)