Intraday Setup 101
As reported on Twitter ( @johnusa ) yesterday, the AEX (see image) was fast approaching one of its Jupiter lines (red) at around 446. As history has shown, this is often a point of reversal. If this…
Subject
technical analysis
6 dispatches.
Unilever Update: Nailed it
Below is the Unilever chart from May 2013. See this post for full article. While UNI didn't reach the 33.30 target (it stopped at 33.09) it has since made an impressive 18% decline at the Oct 2013…
AEX Short Term Update
The AEX is finishing a small degree 5 wave that should bottom Monday (at least 375?), or early in the week. This move is part of a larger impulse wave that started in the second half of November. If…
Coach: leading indicator?
Looks like luxury branch 'Coach' is a leading indicator for what's ahead for the AEX (and related indices). Top b circle end of July, dip B in Sept-Oct, and dip (C) in 2014. This saves me a lot of…
Open Interest Index (OIX)
This article explains what the effect of open interest is on options, and how we construct an indicator based on this data. This indicator was developed here and is called 'Open Interest Index' or…
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Volume Cloud Indicator
How to predict support & resistance levels using volume? Volume by itself contains too much noise to be a useful indicator, so several tools are available to make volume more useful: RoC (rate of…