Propitious

The  Solunar and Tidal work gives us a very specific set of expectations for the next six or so weeks.  The price action of the last few weeks fits the models quite well.  What the models give us is direction, but not the extent of price moves. I don't know how big (or small) they will be. Ideally, over the next few sessions we will get a better gauge of relative strength or weakness to assist in some estimation of price levels.

0920163daynewhighs

click chart to enlarge

092016spxad

click chart to enlarge

Subscribe to see the rest of this post.

Weekly Update

091616adrenaline

click chart to enlarge

At any time, the Central Banks may give markets another adrenaline shot, especially if financial markets fall sharply.

091616spxnikyen

click chart to enlarge
U.S. stocks in yen at support.

091616spxnikdoll

click chart to enlarge
Japanese stocks in dollars breaking down.

091616goldyen

click chart to enlarge
Weak gold implies dollar yen to move higher, or gold move is a fake out.

091616spxad

click chart to enlarge
Breadth recovered quickly this week.

Subscribe to see the rest of this post.

Chartucopia

Some charts for a Saturday, some in front of the paywall, others behind.

091016pumpupclose

click chart to enlarge

We know what the Central Banks did the last time markets headed over the cliff. This will be the chart to watch this instance also.

091016pumplarge

click chart to enlarge

091016bojfedjpy

click chart to enlarge

If dollar yen ever reflected relative money printing, it would be quite a bit higher. It's a balloon under water.

091016bojecbeurjoy

click chart to enlarge

091016fedecbeur

click chart to enlarge

091016spxyen

click chart to enlarge

Expect the Nikkei to play catch up out of the gate next week.

091016goldyen

click chart to enlarge

A stronger dollar will prevent gold from benefiting from any flight out of bonds and stocks.

091016spxad

click chart to enlarge

Subscribe to see the rest of this post.