soon. Â soon.
But here’s a taste:
Those current colors show short term breadth being stretched in a particular direction. Â I also have colors/marks to show “long term” extreme oversold breadth. Â See the green hashes conveniently under the lows?
My goal is to get them to all pop up at the same time so you can easily look and [...]
Today was the third consecutive close higher.  There was positive buy strength, though it wasn’t a noteworthy reading.
The wave chart suggests at least a one day pullback, at best there will be consolidation.
The SP:DXY chart is near a sell zone.
We cleared short term resistance at 1105 and 1114, now we have resistance at 1121 and 1128. Â I [...]
Today we had a nice move on the S&P coupled with relatively strong Buy Strength, clearing the important 1105-1111 cluster.
You can see these important levels using a volume profile chart:
/ES 5m, Volume profile of the last three days.
The SPX:DXY ratio is also uptrending but nearing resistance.
Longer term, breadth doesn’t have the same characteristics as it [...]
In my last post on Platinum, I concluded that though the long term trend was up, short term it was time to take profits based on where the platinum:gold ratio was at the time.
That was about four weeks ago, and since then price has been consolidating horizontally. Â What’s significant about this is that platinum is [...]
