chart07_23_19_52_04

dwbstreet / July 24, 2013 / Uncategorized / 0 Comments

130724EUR

Dollars & Cents

Dollars & Cents Equities pulled back very slightly after a bullish open today with the markets trading on light volume. Earnings reports are generally positive but not stellar and the markets are stoic in their response. The dollar index traded back to near term support and paused. The EUR/USD gained more today, moving to the near term resistance level as...

dwbstreet / July 24, 2013 / Uncategorized / 0 Comments

Market LookBeck II

(Reuters) – The dollar was broadly weaker on Tuesday, falling to a one-month low against the euro in thin trading, as investors continued to scale back bullish bets on the greenback on the view that the Federal Reserve could reduce its asset-buying program later than expected. Fed Chairman Ben Bernanke told lawmakers last week the U.S. central bank still expects...

dwbstreet / July 24, 2013 / Uncategorized / 0 Comments

130724DX

Market LookBeck

MONTHLY – Neutral. Opposing tails on large hammer candles with excess to upside and then downside. WEEKLY – Bullish. Closed weekly bar at new all-time high. DAILY – Bullish. Continued new all-time highs with lack of stronger liquidation break. Long risk remains elevated. Good morning traders. The inverse correlation between the U.S. Dollar (/DX) and the broad stock market has...

dwbstreet / July 24, 2013 / Uncategorized / 0 Comments

130724Sectors

ShadowTrader Sector Trend Scores

Nineteen ShadowTrader Sectors closed lower on Tuesday whild six ended higher. The broad market is neither overbought nor oversold at this juncture. SOX is the only sector approaching an overextended condition having closed lower each of the last four days.

dwbstreet / July 24, 2013 / Uncategorized / 0 Comments

2013-07-23-6TOS_CHARTS

Technical Analysis Daily /ES

LBR Studies (Linda Bradford Ratchke, LBR PaintBar, LBR_SmartADX, LBR_ThreeTenOscillator) DMI Studies (DMI Reversal Alert, DMI Oscillator, DMI StochasticExtreme, SequenceCounter, ZigZagHL) FW Studies ((David Elliot, MOBO, FW_CCI, FW_FisherTransformer)) Bill Williams Profitunity Studies (Alligator, Elliot Oscillator, Awesome Oscillator) IRSTS Studies (Sylvain Vervoort, Volatility Bands, BollingerPercentB, Stochastic, ZigZagSign) Woodies Studies (LSMA, 34EMA, WoodiesPivots, WoodiesCCI, HLTicks, PivotsTicks) CynthiaE Studies (DoubleMoving Average, ErgodicOscillator, DoubleStochastic, PPS)...

dwbstreet / July 24, 2013 / Uncategorized / 0 Comments

2013-07-23-5TOS_CHARTS

Technical Analysis Hourly /ES

LBR Studies (Linda Bradford Ratchke, LBR PaintBar, LBR_SmartADX, LBR_ThreeTenOscillator) DMI Studies (DMI Reversal Alert, DMI Oscillator, DMI StochasticExtreme, SequenceCounter, ZigZagHL) FW Studies ((David Elliot, MOBO, FW_CCI, FW_FisherTransformer)) Bill Williams Profitunity Studies (Alligator, Elliot Oscillator, Awesome Oscillator) IRSTS Studies (Sylvain Vervoort, Volatility Bands, BollingerPercentB, Stochastic, ZigZagSign) Woodies Studies (LSMA, 34EMA, WoodiesPivots, WoodiesCCI, HLTicks, PivotsTicks) CynthiaE Studies (DoubleMoving Average, ErgodicOscillator, DoubleStochastic, PPS)...

dwbstreet / July 24, 2013 / Uncategorized / 0 Comments

2013-07-23-4TOS_CHARTS

dwbstreet / July 24, 2013 / Uncategorized / 0 Comments

2013-07-23-1TOS_CHARTS

dwbstreet / July 24, 2013 / Uncategorized / 0 Comments

130718Sectors

ShadowTrader Sector Trend Scores

Twenty of twenty five ShadowTrader Sectors closed higher on Wednesday, but not by very wide margins. TOB has now closed higher five consecutive days putting it into overbought territory. Otherwise, the broad market could move either up or down for at least two days before an overextended reading will appear.

dwbstreet / July 18, 2013 / Uncategorized / 0 Comments