Some bottomy charts. Think we'll get a nice pop before we set new lows.
About this blog:
CURRENT MARKET TREND: Down on 1/24/2020
Thursday, February 27, 2020
Friday, January 24, 2020
Current Market Trend has changed to sell
Indicators on sell.
Wednesday, January 8, 2020
All Indicators Still on Buy: Ominous Charts Approaching
While indicators are still on BUY, there are some ominous charts appearing:
Negative divergences in SPX:VIX
Rydex Bull Funds/Bear Funds
at heights seen on last two peaks:
20 Day Equity Put/Call Ratio depressed:
BPSPX Currently with Negative RSI Divergence:
It is time to be prudent and watch for indications of a market top. Once I believe a top is at hand, and I do think we are close, the indicators on the site will change to sell. I expect the market to bottom sometime in April and end 2020 at 3488-3617.
Negative divergences in SPX:VIX
Rydex Bull Funds/Bear Funds
at heights seen on last two peaks:
20 Day Equity Put/Call Ratio depressed:
BPSPX Currently with Negative RSI Divergence:
It is time to be prudent and watch for indications of a market top. Once I believe a top is at hand, and I do think we are close, the indicators on the site will change to sell. I expect the market to bottom sometime in April and end 2020 at 3488-3617.
Monday, December 16, 2019
A place for the Daneric Deplorables - unmoderated
If you want to utilize the comments they are NOT moderated. Fend for yourself! I'll post chart updates periodically.
Thursday, February 21, 2019
I think this blog is back!
The reason I never kept this blog up; basically is it's too much time for me to try and relay my tradings while trying to run a business, taking care of two young children (who try my patience by the hour) and satisfying my wife. I trade both short-term and long term so the purpose of this blog will need to be long term since I can't keep up with the short term gyrations. I'm too busy fishing and tubing and playing hide the dinosaur. But it is re-open and the charts will flow.
Jim Genosky - non-Porsche owner
Jim Genosky - non-Porsche owner
Tuesday, July 19, 2016
Sunday, June 26, 2016
Tuesday, June 14, 2016
General Discussion Thread
We've incorporated a new thread below for TRADE SETUPS ONLY! Please try to keep the comments on that thread to trade setups, and less general market discussion. Market discussion can be in this comments section. Indicator discussions will be a new thread coming soon as well. I'll make Doug get on it right away.
Index, Stock, ETF, ETN, FX or any other trade only
Must post entry either real time or future with limit order
Must post Stop-loss
Must post Take-Profit
Must Update Trade status with still open or closed
Please no after the fact trades posted within this thread or other market commentary.
Thank you,
Jim Genosky (Paper Co. owner and real Keystone Light Trader)
Must post Stop-loss
Must post Take-Profit
Must Update Trade status with still open or closed
Please no after the fact trades posted within this thread or other market commentary.
Thank you,
Jim Genosky (Paper Co. owner and real Keystone Light Trader)
Tuesday, June 7, 2016
Indicators All Still Bullish
CPC Dropping, but can still travel quite a way down
This one says a ST pullback is probably right now
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