Tenterfield Saddler

[Joules MM1]

XJO

here are some extra ratios all terminating at the same place

in jpeg iv weekly: where i say "61.8 ext, weekly basis" should read " 61.8 ext, daily basis" in the Aug/Sept period

 

[Joules MM1]

referring to yesterdays chart, XJO, 4634 level fractionally
broken this morning was quickly retrieved leaving
the next step to hold at 4627 i have left some open to
sells (arrow) running and lowered the stop (red line)
.....most likely the HSI add
weight monday to test that level....most indecies appear
to have small rotations including DAX...

in the US the SML and RUT indecies, alongside the NYAD
cummulative, all appear healthy enough.....SPX looks
oversold, or, in other language, depending on your pov, the
bottom feeding maybe done the brief lift on news in the cash was
all but a set-up to sell into and put/call ratio suggests a peak in negativity
.....the 7 days of cra@psmass no stella santa-rally more like a sad-sack slalom..
rare indeed

 

[Joules MM1]

Arvo Pärt - Spiegel Im Spiegel (Violin And Piano) - YouTube

 

[Joules MM1]

see above jpeg from last week
HSI sell to open closed on cash open

added to open sells on xjo on weak rotation lift at 4656

 

[Joules MM1]

hsi....nice doggy

 

[Joules MM1]

this is the result of trading on new years eve (it's 10.30pm here) and having one eye on a seperate screen.....half asleep to the play

video
gold sells 311212 - YouTube

T2W has challenges with some video formats other sites are ok with these links hence the link but no screen........

[video=youtube_share;aO8Rw1cYF9c]http://youtube/aO8Rw1cYF9c[/video]

reloaded the sells after a shallow hike

edit, thanks HSBC final China PMI......one more to come in 45mins

 

[Joules MM1]

today, using SILVER as a surrogate to confirm/hold open to sell on GOLD

viewing different action (time frames), or lack of bid on both metals, the ratios and the time of day

arrows denote sells

 

[Joules MM1]

part ii
selling has petred out but still heavier than buyers who appear....most likely liquidating money managers with no sight of commercials buying.....not yet

 

[Joules MM1]

part iii

1618's a mere 10 points below for a major ping......both SILVER and GOLD are heading into their respective triangle peaks, at least the launch point where they broke out

 

[Joules MM1]

hat tip Nick Radge

 

[Joules MM1]

bitcoin

video

Buying With Bitcoins - CNBC

 

[Joules MM1]

Tuesday, May 21, 2013
Headed for euphoria

On its risk appetite index, Credit Suisse views the index value of 5 as "euphoria". And we are headed there, as markets embrace risk.

This is not surprising given where credit markets are trading. As an example, the Merrill European High Yield Index average yield is now below 4.5% (4.46% to be precise). Keep in mind this is sub-investment grade debt mostly from European issuers. The yield on these bonds is now less than half what it was just a year ago.

Not much else to say here other than enjoy it while it lasts.

 

[Joules MM1]

this is a blog not a diary

for any new to trading, price can go wherever the auction takes it and
not because of any logic opined onto what the current price is.....

this is an update to the chart put up in gold thread a few weeks ago

previous post: https://twitter.com/joulesmm1/status/334233018497642496/photo/1

updated: