Recent content by Autobottrading

20100421 10:24 est Autobottrading.com’s advance decline indicator shown below has crossed down from overbought levels after the bearish cross down signal (red arrow down) indicated selling pressure were in control. The last crossed down resulted in a sharp 20 point move lower. We expect a larger...

12:21 est N.Y time Ok expected sharp drop has occurred. and has tagged support at 1085 basis June ES. We covered our shorts in futures but remain long SDS for lower targets in time.

Yesterday Autobottrading.com’s advance/decline indicator crossed down bearishly since the bullish up cross on March 30th. This does not imply an immediate bearish outcome, but does warrant caution especially if the equity market becomes short term overbought while the indicator remains in the...

Natural Gas Futures Support Potential for Long Term Reversal of “UNG” Several weeks ago autobottrading.com spoke of the natural gas sector and the possibility that a major trend change was potentially setting up for the commodity. Natural Gas futures had reached long term support, setting up a...

On April 4th we posted a longer term look at the SP500 with a short term map. The Autobot Advance Decline did get overbought on Monday’s rally and crossed down leading to today’s corrective price behavior, as suggested. In doing so, the advance decline tool has move towards oversold levels at...

Follow up to weekend commentary posted. We remain short June Emini SP's, and long Gold via GLD on swing time frame basis. Short EURUSD intraday from 1.3380. Looking for a 20 pips. Still believe 1.31 is next target in time. http://www.autobottrading.com/blog/

In March of 2009 the SPX 500 reached multiple time frame support, all the way out to quarterly measurements of price. This support structure on a quarterly basis related directly with the 1974 bear market low as we measure support. The lower rectangle represents this support. The upper box...