Friday, November 20, 2009

11/20 Morningline

Holdings: GLD remains in bear mode on the bb/mfi analysis, without a corresponding price move; UNG remains in bull mode on the pps/mfi chart with the price opening slightly above yesterday's opening.

Indicators (pps/mfi): No changes in modality.
  • Bull mode: GLD (gold), TLT (long Treasury bonds), UDS/JPY (but with a price drop)
  • Bear mode: SPY (blue chips), VIX (fear index, bearish is bullish for stocks), EUR/USD
Note that GLD is under a new bear signal in our holdings, using the bb/mfi analysis, but an old (Nov. 2) bull signal in the indicators, using the pps/mfi chart.

No comments:

Post a Comment