Close to a 13/34 downside crossover, long term weekly macd/roc bearish.

via $SPX – Weekly OHLC Bars.

$usd

macd turning down, breakdown in 10 week moving average..
look for strength in commodities..

Good Site for Looking @ Currency News

http://www.bbh.com/fx/

http://www.kathylien.com/site/

Relevant EMA’s for Market Timing

Long Term Trend -

1) Look @ the 10 Month Moving Average – If Price is < 10 Month Moving Average for Index, Time to Sell. If Price is > 10 Month Moving Average for Index, Time to Buy.
2) Look @ RSI
3) Look @ MACD/PPO

Medium Term Trend -

1) Look @ the 10 Week Moving Average (50 day moving avearge)
2) Look @ the 30 Week Moving Average
3)Look @ the 40 Week Moving Average

Buy/Sell Crosses to the downside for 10 Week -> 30 Week -> 40 Week.

Long Term Trend

1)Look @ the 5 day moving average
2)Look @ the 10 day moving average
3)Look @ the 15 day moving average

Look @ the Crosses between these averages.

Watchlist: PCLN, NFLX

dangerously topping. buy when 10 week mavg is sloping down and price is below 30 week moving average!

USD stalling @ 200 day moving average

critical point – see if it can overcome 200 day moving average (all commodities going higher based on inverse relationship!!!)http://stockcharts.com/h-sc/ui?s=$USD&p=D&yr=1&mn=0&dy=0&id=p07168007717

more about "USD stalling @ 200 day moving average", posted with vodpod

Do you leverage?

tis the season to be happy especially if you are expecting the crack market oops stock market to go down hard after being drunk on Stimulus. Some leveraged ideas:

EDZ – 3X EMERGING MARKET BEAR
EDC – 3X EMERGING MARKET BULL

FAZ – 3X FINANCIAL MARKET BEAR
FAS – 3x FINANCIAL MARKET BULL
TYP – 3X TECHNOLOGY BEAR
TYH – 3X TECHNOLOGY BULL

TZA – 3X SMALL CAP BEAR
TNA – 3X SMALL CAP BULL

Revisiting some BIG themes

• The Greenback will most likely bounce (it’s making new lows every day) in the short term.
• Banks with MBS (Mortgage backed Securities) are going to go down and they are not gonna like it
• Commercial Real Estate is going to go Boom!
• The USD will resume it’s downtrend giving a nice pop to buy commodities on the dip.

 

Two stocks of interest (RWR, FXI)

RWR – Daily

http://stockcharts.com/h-sc/ui?s=RWR&p=D&yr=0&mn=11&dy=0&id=p38165179685&a=182641418

FXI – Daily

http://stockcharts.com/h-sc/ui?s=FXI&p=D&yr=0&mn=11&dy=0&id=p38165179685&a=182641438

TWO Important ETF Related to Financial Sector

nice shorting opps

1. KBW Banking ETF (KBE): includes large banking stocks – BOA, JPM and Citigroup
   Weekly: http://stockcharts.com/h-sc/ui?s=KBE&p=W&yr=2&mn=0&dy=0&id=p94898999071
   Daily: http://stockcharts.com/h-sc/ui?s=Kbe&p=D&yr=0&mn=11&dy=0&id=p38165179685
2. SPDR KBW Regional Bank ETF (KRE): includes regional banks including – Bank Hawaii Corp, City National Bank  and Valley National Bancorp.
   Weekly:http://stockcharts.com/h-sc/ui?s=KRE&p=W&yr=2&mn=0&dy=0&id=p94898999071
   Daily: http://stockcharts.com/h-sc/ui?s=KRE&id=p38165179685&def=N&listNum=8