andrewunknown

andrewunknown

$GLD $GDXJ $GC_F

andrewunknown

$TF_F $RUT The nested Bullish Shark and Bullish Alternate Bat patterns on $IWM suggest a move to 114.50-115 - late Q4 2014's lows - to fully build out. Objectives off a bounce there lie at nodes around 122 and 123.75. Further afield, there is the potential where resistance ~122 holds for a Bearish 5-0 to develop. $TF_F $RUT

andrewunknown

The Fed has failed to meet it's price stability mandate for nearly half the time elapsed since it launched the first round of QE in late 2008. Net of intra-period fluctuations (which were worse), all three formal rounds of QE saw the long end of the curve rise rather than fall. In fact, only after LSAP balance sheet expansion ended did rates drop; and...

andrewunknown

Smoothing EMAs lower, back to Oct 2014 levels. $IWM $TF_F $RUT

andrewunknown

Nearly -10% v. July's ATHs with more vol ahead. $XBI

andrewunknown

Dotted vertical lines denote same point on previous declines. $SPX $ES_F

andrewunknown

Key horizontal support at 35, with 10/03/2011's LOD at 33.42. Below there delves into October 2008-July 2009's range.

andrewunknown

$SPY $IWM $QQQ

andrewunknown

$ZB_F $TYX

andrewunknown

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andrewunknown

at Cluster resistance ~123-123.50. Bullish Butterfly PRZ (127.2%) already tagged on 07/28 with its 119.34 low; potential bearish continuation here to 161.8% PRZ at 116.60.

andrewunknown

VIX congestion states (i.e. dragging along 12 in a narrow range) a recurrent feature of last year; but the time between tagging this VXV/VIX level and the beginning of the subsequent pullback (bottom panel) is relatively brief. $SPY $VXV $VXX

andrewunknown

Inside 03/20/2015 breakaway gap, which fully closes at $42.75/bbl.

andrewunknown

its advance has effectively stalled just above it's Deep Crab PRZ, and at a confluence of APF and structured resistance. Reflecting the ebb in momentum, XLV's rate-of-change is at its lowest since December 2012.

andrewunknown

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andrewunknown

XLK's rising cyclical trend line off the late 2008 lows is nominally broken. After a sustained period >70 RSI, sliding further below: this momentum cross has marked a major top in the preceding cycles.

andrewunknown

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andrewunknown

XLY 's first rung lower lies at rising channel support near 77, with broken Cluster resistance through 91. RAABF lies much further down near $62.