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We got our second overextended indicator today. This suggests a move higher for stocks. We also have the triple reversal signal yesterday. These signals have a window of +/- 1-day.
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PAST PERFORMANCE
NEWS
- Bitcoin (BTC) Price Slides as USD, Interest Rates Surge; Ethereum (ETH), Solana (SOL), Polygon (MATIC), Optimism (OP) Leads Cryptocurrency Price Decline (coindesk.com) Click Here
- Biggest Movers: SHIB Bears Snap 3-Day Win Streak, TON Profit Takers Swoop In – Market Updates Bitcoin News Click Here
- Stock Market Today: Dow slumps as rising Treasury yields rattle markets By Investing.com Click Here
- Oil settles lower as Russia fuel export ban boosts, rate hikes weigh By Reuters (investing.com) Click Here
- I Sincerely Hope Chart Number Three Doesn’t Come True | ZeroHedge Click Here
- 3 charts we are watching: Make or break | Zero Hedge Click Here
- Fed Balance Sheet Plunges By Most In Over 3 Years As Retail Money-Market Inflows Continue | ZeroHedge Click Here
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For trading 9/22/2023
| MAJOR |
| Symbol |
Last |
Chg. |
Chg. % |
| .DJI |
34070.42 |
($370.46) |
-1.08% |
| .DJT |
15058 |
($107.10) |
-0.71% |
| .NDX |
14694.24 |
($275.68) |
-1.84% |
| GBTC.PK |
19.03 |
($0.39) |
-2.01% |
| GLD |
178.05 |
($1.30) |
-0.72% |
| IWM |
177.07 |
($2.79) |
-1.55% |
| SLV |
21.44 |
$0.10 |
0.47% |
| SPY |
431.39 |
($7.25) |
-1.65% |
| TLT.O |
90.71 |
($2.38) |
-2.56% |
| UNG |
6.62 |
($0.17) |
-2.50% |
| US500 |
4330 |
($72.20) |
-1.64% |
| USO |
80.41 |
$0.27 |
0.34% |
| UUP |
29.46 |
$0.02 |
0.07% |
| GLD |
181.4 |
($0.78) |
-0.43% |
|
| SECTORS |
| Symbol |
Last |
Chg. |
Chg. % |
| RWR |
84.75 |
($3.02) |
-3.44% |
| XBI |
73.7 |
($0.64) |
-0.86% |
| XHB |
76.1 |
($1.91) |
-2.45% |
| XLB |
78.45 |
($1.61) |
-2.01% |
| XLE |
89.16 |
($1.24) |
-1.37% |
| XLF |
33.92 |
($0.57) |
-1.65% |
| XLI |
102.14 |
($1.70) |
-1.64% |
| XLK |
164.06 |
($2.54) |
-1.52% |
| XLP |
70.52 |
($0.92) |
-1.29% |
| XLU |
63.41 |
($0.67) |
-1.05% |
| XLV |
130.42 |
($1.15) |
-0.87% |
| XLY |
162.53 |
($4.56) |
-2.73% |
| XRT |
59.87 |
($0.75) |
-1.24% |
|
| CRYPTOS |
| Symbol |
Last |
Chg. |
Chg. % |
| ADA |
0.2463 |
($0.01) |
-2.07% |
| BAT |
0.1727 |
$0.00 |
-1.60% |
| BCH |
208.6 |
($7.40) |
-3.43% |
| BSV |
31.15 |
($0.28) |
-0.90% |
| BTC |
26621 |
($483.00) |
-1.78% |
| DGB |
0.006331 |
$0.00 |
-3.68% |
| DOGE |
0.072991 |
$0.00 |
0.34% |
| ETH |
1586.32 |
($36.63) |
-2.26% |
| ETN |
0.0012 |
$0.00 |
0.00% |
| LTC |
64.52 |
$0.04 |
0.06% |
| SHIB |
0.00000727 |
$0.00 |
-2.15% |
| THETA |
0.591 |
($0.01) |
-1.00% |
| TRX |
0.08319 |
$0.00 |
-1.64% |
| XLM |
0.0939 |
$0.01 |
10.86% |
| XRP |
0.50811 |
($0.01) |
-2.44% |
|
| FOREX |
| Symbol |
Last |
Chg. |
Chg. % |
| AUD/CHF |
0.5805 |
$0.000 |
0.02% |
| AUD/JPY |
94.68 |
($0.010) |
-0.01% |
| EUR/AUD |
1.6618 |
$0.000 |
0.01% |
| EUR/CHF |
0.9646 |
$0.000 |
0.02% |
| EUR/GBP |
0.8675 |
$0.001 |
0.06% |
| EUR/USD |
1.0662 |
$0.000 |
0.04% |
| GBP/AUD |
1.9156 |
($0.001) |
-0.05% |
| GBP/CHF |
1.112 |
$0.000 |
-0.02% |
| GBP/JPY |
181.38 |
($0.100) |
-0.06% |
| GBP/USD |
1.2291 |
$0.000 |
-0.03% |
| USD/CAD |
1.3477 |
($0.001) |
-0.04% |
| USD/CHF |
0.9047 |
$0.000 |
0.04% |
| USD/JPY |
147.59 |
$0.010 |
0.01% |
| EUR/JPY |
157.35 |
($0.020) |
-0.01% |
| AUD/USD |
0.6417 |
$0.000 |
0.00% |
|
INDICATORS
WEEKLY MATRIX
The Matrix contains all indicators with the exception of the Algo Forecast. This may be a bit too much for some of you, but hopefully you'll understand them with time. Each indicator is expect to influence the market within a window of +/- 1-Day. Below is a breif discription of each.
- VOLATILITY: We expect a + or - move of 1%.
- DAY OF MONTH: More often than not, stock will rise from the 7th to the 14th, fall from the 14th to the 20th and rise from the 20th to the 25th.
- LATITUDE & DECLINATION: Stocks have a tendency to have a lower close on days when the cycle hits bottom and have a higher close when they cross their equator. Also, throughout their cycle they can influence the market in a Bullish or Bearish way. Negative number indicator a Bearish influence. Positive numbers indicate a Bullish influence. These are also shown with vertical lines in a separate chart.
- LUNAR SIGN: The Stock Market has been shown to be more Bearish or more Bullish depending on the zodiac sign the Moon is in.
- LUNAR PHASE: These are the four phases of the Lunar Cyle. A table can be found below that shows how the market has historically responded during each phase. The first quarter has been the most Bearish, and the last quarter has been the most Bullish
- PLANETARY ASPECTS: Aspects in Red indicate a Bearish influence while those in green are expected to have a Bullish influence.
- NOAA (National Oceanic and Atmospheric Administration): Tracks disturbancs in space weather. When the forecast is above 10 (2), we often see selling in the markets. By the way, it has also been associated with an increase in heart attacks. Read this study Solar Activity and the Stock Market
- MISC: This is reserved for a number of indicators that appear infrequently. When one appears, I will comment on it in the comment section righ below the MATRIX.
MATRIX SUMMARY
This is a blending together of all the Weekly Matrix Indicators with a weighted value for each.
OVER EXTENDED
There are two of these indicators. They are shown in a separate chart. You should expect a short or long change in trend when they appear.
CHARTS
SINGLE CYCLE
These cycles are the ones the underlying asset has followed the best in the past.
MULTI CYCLE
These are a composite of the best cycles combined into one.
TECHNICAL INDICATORS
| Bullish TA |
| 130 | -104 | New 52-week Highs |
| 67 | -45 | Strong Volume Gainers |
| 18 | -8 | Bullish 50/200-day MA Crossovers |
| 111 | -56 | Bullish MACD Crossovers |
| 13 | -13 | Oversold with an Improving RSI |
| 155 | -33 | Moved Above Upper Bollinger Band |
| 135 | -49 | Moved Above Upper Price Channel |
| 114 | -16 | Moved Above Upper Keltner Channel |
| 82 | -8 | Improving Chaikin Money Flow |
| 148 | -134 | New CCI Buy Signals |
| 166 | -202 | Parabolic SAR Buy Signals |
| 114 | -54 | Stocks in a New Uptrend (Aroon) |
| 34 | -33 | Stocks in a New Uptrend (ADX) |
| 74 | 8 | Gap Ups |
| 5 | 2 | Breakaway Gap Ups |
| 23 | 5 | Runaway Gap Ups |
| 3 | 2 | Island Bottoms |
|
| Bearish TA |
| 517 | 224 | New 52-week Lows |
| 92 | 6 | Strong Volume Decliners |
| 38 | 0 | Bearish 50/200-day MA Crossovers |
| 373 | 76 | Bearish MACD Crossovers |
| 41 | -10 | Overbought with a Declining RSI |
| 1,358 | 1029 | Moved Below Lower Bollinger Band |
| 1,585 | 1071 | Moved Below Lower Price Channel |
| 1,119 | 846 | Moved Below Lower Keltner Channel |
| 536 | 262 | Declining Chaikin Money Flow |
| 1,517 | 990 | New CCI Sell Signals |
| 899 | 459 | Parabolic SAR Sell Signals |
| 965 | 812 | Stocks in a New Downtrend (Aroon) |
| 136 | 53 | Stocks in a New Downtrend (ADX) |
| 104 | 31 | Gap Downs |
| 12 | 11 | Breakaway Gap Downs |
| 58 | 40 | Runaway Gap Downs |
| 0 | -1 | Island Tops |
|
| Bullish Reversals |
| 80 | 25 | Bullish Engulfing |
| 13 | 10 | Piercing Line |
| 1 | -2 | Morning Star |
| 6 | -6 | Bullish Harami |
| 0 | -1 | Three White Soldiers |
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| Bearish Reversals |
| 61 | -89 | Bearish Engulfing |
| 4 | -8 | Dark Cloud Cover |
| 3 | 1 | Evening Star |
| 28 | -3 | Bearish Harami |
| 12 | -12 | Three Black Crows |
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Last Week's Matrix
Solar Activity and the Stock Market
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