Friday, July 29, 2011

7/29 Indicators

Fear index (VIX) breaks out to the bull side, marking soaring S&P 500 volatility.

Nasdaq 100 (QQQ): Parabolic sar turns bearish.

Treasury long-term debt (TLT): Macd turns bullish.

Corporate high-yield debt (JNK): Macd turns bearish.

Crude oil (USO): Parabolic sar, macd turn bearish.

Emerging markets (EEM): Macd turns bearish.


sym phase adx adx tr   psar macd


sym phase adx adx tr   psar macd


sym phase adx adx tr   psar macd


sym phase adx adx tr   psar macd

Indicator Exchange-Traded Fund Symbols:

EEM - emerging markets

GLD - gold

JNK - high-yield corporate bonds

QQQQ - Nasdaq 100 index

SPY - S&P 500 index

TLT - Treasury long-term bonds

USO - crude oil

UUP - U.S. dollar index

VIX - fear index


  • chan: 55-day price channel phase, with green for bull trend, red for bear trend and yellow for neutral trend. I use the base rule for phase changes: A 55-day channel phase continues until the price has crossed beyond the opposite 20-day channel boundary.
  • adx: Average directional index location, indicating the strength, or the temperature, of the trend. Orange for 40 or greater, aqua (light blue) for 25 and up but below 40, magenta (light purple) for 20 and up but below 25, and brown for anything below 20. (Mnemonic: Orange for the overhead sun, blue for the surrounding sky, magenta for sunset on the horizon and brown for the earth.)
  • adx tr: Average directional index trend, indicating whether the trend is strengthening or weakening. Green for strengthening (up), red for weakening (down), yellow for unchanging (yellow).

  • psar: The parabolic sar, either green for bullish or red for bearish.

  • macd: The macd, either green for bullish or red for bearish.

About channel analysis Read a detailed explanation of my channel analysis method, including trading rules. Disclaimer
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment. No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.
The trader’s greatest sin is inaction. Sleeper, awake! Seize the Nietzchean moment. Roll out of bed and trade.

No comments:

Post a Comment