SSRI 30 min
Another divergence on the 30 minute chart as the air in the balloon
(momentum) slowly leaks out. I have not taken the short trade yet,
but this is getting rather tempting here at $18.60.
I would target something around $18.00 for the cover.
Click on the chart for ENLARGE.
SSRI 15 min
This is the 'later in the same day' update. It also is a time I would cover the SSRI short trade, had I taken it earlier.
It as worth 2.5%. Fairly low risk trade, IMO.
Click on the chart for ENLARGE.
MISSED OPPORTUNITY
SWC 30 min
This is classic TSI stuff. 1 to 2 sets up a positive divergence (buy signal).
2 to 3 works the TSI up to the ZERO breakout while price goes no where
(buy signal).
4 to 5 and 5 to 6 have created negative divergences (sell signal).
Click on the chart for ENLARGE.
GLD Daily (update)
This post confirms my correct call 3 days ago for a top in GLD. It now appears that GLD is finished with a brief breather, and on its way to retest the recent highs.
When the highs are surpassed it will be critical that TSI 3 confirm by being higher than TSI 2. I will update that when it happens.
Click on the chart for ENLARGE.
Dec. 23 open
10 hours ago
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