The Bots Are Back!

The bots are ba-aaack! And it was about time as my crew here was getting bored out their minds. So with a bit of luck and scotch tape we may be on route for our ill-deserved annual Santa Rally. Let me get you guys up to speed:

2014-11-20_UVOL

Exhibit A: Today’s UVOL/DVOL plots - in particular the early morning gap & ramp was run like clockwork and that green UVOL curve is via some damn Mathematica function. I for one welcome our new old robot overlords!!

2014-11-20_SPX_Zero

Exhibit B: The Zero panel shows marginal participation but the morning buying frenzy was perfectly timed and apparently triggered a few dominos. That’s how it’s done, steel rats! If nothing else remember this chart for posterity - file it under ‘shot term bear traps 101′.

2014-11-20_hanmer_time

As of right now it’s looking pretty bullish here and if Thor hadn’t died and come back as a woman (damn you Stan Lee!!) he would be all over that bag of hammers on the spoos. If it ain’t broken don’t fix it – meaning until further notice my stop for my long positions remains near 2028.

It’s been pretty thin on the setup side this week – today I was only able to find one measly chart. And sorry folks – I got to keep that one for my intrepid subs. So if you got a secret decoder ring then please meet me in the lair:


More charts and commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don't waste time and sign up here. And if you are a Zero subscriber you get free access to all Gold posts, which gives you double the bang for your buck!

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See you guys tomorrow.

Cheers,

Rational Ambivalence

Finally we are correcting a little. Don’t get me wrong – I rarely tire of banking coin but we need to see at least an obligatory correction before the Santa season hits late this month. My NQ campaign was obviously stopped out (with ample profits) and that still leaves the ES campaign which I have been trailing via Net-Lines and spike lows:

2014-11-13_ES_update

Which means I’m currently drawing the line a tick below 2020.5 which would still leave me in the plus 12R. If we drop below that then it’ll be difficult to suggest support levels. We have been rising like a rocket and there is very little context below. I think we need to see a bit more tape here – so far it’s been pretty lackluster.

2014-11-13_NZDUSD_setup

NZD/USD is starting to look like a possible floor – weeks of pain after a very solid down trend. Now it’s peeked above the 25-day SMA plus a NLBL which has me long right here with a stop below yesterday’s lows.

Two more goodies below the fold, please join me in the lair:


More charts and commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don't waste time and sign up here. And if you are a Zero subscriber you get free access to all Gold posts, which gives you double the bang for your buck!

Please login or subscribe here to see the remainder of this post.

Cheers,

Kitchen Sink Monday

Folks, roll up your sleeves, grab your favorite morning beverage, and prepare to get busy. For whatever reason the market is throwing everything but the kitchen sink at us this morning. Let’s review the equities side first and then dive right in. Ready – set – go!

2014-10-27_spoos_overview

Things are looking good here – the last hurdle here remains to be the 100-day SMA and if it can be breached this week then I see little in the way of taking out that weekly NLBL on the right panel. If you’re wondering, yes I’m still holding those long positions.

2014-10-27_spoos_hourly

What I really like on the hourly panel is the 25-hour which is clearly being observed. There was an attempt to breach it but it failed right at the lower 25-hour BB. We are now starting to accumulate ST context below and that’s positive.

2014-10-27_EURGBP_briefing

Okay, on to the setups. EUR/GBP – I’m long here with a stop right below the diagonal (0.786). If stopped out I’m already set to be short with a stop above 0.788. Love this one.

2014-10-27_DX_briefing

The Dollar is approaching a convergence point between the 25-hour and 100-hour. I have to be long here until being stopped out at 85.5. Given the onslaught of excellent setups today I would not be short after that as I think there are better opportunities.

More below the fold – please meet me in the lair:


More charts and commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don't waste time and sign up here. And if you are a Zero subscriber you get free access to all Gold posts, which gives you double the bang for your buck!

Please login or subscribe here to see the remainder of this post.

Looks like this is going to be a fun week. Shake And Bake!!

Cheers,




    Zero Indicator


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  3. recent misdeeds

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    2. One Chart Says It All
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    4. Monday Morning Briefing
    5. The Slow Walk-Down
    6. It Keeps Going And Going And….
    7. The Bots Are Back!
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