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OSS Nightly Indicators


Newsletter is published Sun-Thr evenings around 10:30 pm CST

UNDERSTANDING THE CYCLE CHARTS

Instruction for reading the cycle charts and indicators. Click Here

Ideally, you want to look for a turn in the cycles and at least two of more reversal signals happening at the same time.

Comments, Insights & News

  • WARNING! Mars influence is still with us. War maybe right around the corner. If war breaks out, it will be before the end of April. Ukraine and Russia are certainly a hot potato. Conflict there would certainly affect the oil and natural gas markets.
  • Ether Breaks $2,500 for the First Time in Wake of Berlin Fork Click Here
  • COIN recap: Comparing Coinbase’s first day to other major public listings Click Here
  • Russia ‘threatening Ukraine with destruction’, Kyiv says Click Here

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LINKS


For trading 4/16/2021

MAJOR
Symbol Last Chg. Chg. %
.DJI 34035.99 $305.10 0.90%
.DJT 14930 $56.33 0.38%
.NDX 14026.2 $222.28 1.61%
GBTC.PK 52.6 $1.10 2.14%
GLD 165.35 $2.63 1.62%
IWM 224.29 $0.97 0.43%
SLV 24.03 $0.44 1.87%
SPY 415.87 $4.42 1.07%
TLT.O 140.35 $2.31 1.67%
UNG 9.8 $0.17 1.77%
US500 4170.42 $45.76 1.11%
USO 43.27 $0.23 0.53%
UUP 24.68 $0.00 0.00%

SECTORS
Symbol Last Chg. Chg. %
RWR 98.71 $1.59 1.64%
XBI 133.48 $1.16 0.88%
XHB 73.52 $0.34 0.46%
XLB 81.67 $0.95 1.18%
XLE 48.79 ($0.40) -0.81%
XLF 35.15 ($0.03) -0.09%
XLI 100.92 $0.40 0.40%
XLK 143.33 $2.42 1.72%
XLP 69.41 $0.55 0.80%
XLU 66.67 $0.73 1.11%
XLV 120.58 $2.03 1.71%
XLY 178.49 $1.27 0.72%
XRT 92.5 $0.30 0.33%

CRYPTOS
Symbol Last Chg. Chg. %
ADA 1.471599 $0.04 2.62%
BCH 883.86 $68.99 8.47%
BCHSV 364.36 $37.31 11.41%
BTC 63342 $399.30 0.63%
DENT 0.0012 $0.00 0.00%
DGB 0.100396 $0.00 -2.05%
DOGE 0.17263 $0.06 51.70%
EOS 8.1278 $0.46 6.04%
ETH 2531.6 $98.72 4.06%
ETN 0.023227 $0.00 -4.02%
TRX 0.16078 $0.02 17.03%
XLM 0.6459 $0.03 4.53%
ZRX 2.16543 $0.01 0.41%
LTC 286.03 $7.51 2.70%
THETA 12.4895 $0.35 2.89%
XRP 1.79231 ($0.05) -2.49%

FOREX
Symbol Last Chg. Chg. %
AUD/CHF 0.7145 ($0.001) -0.07%
AUD/JPY 84.18 ($0.100) -0.11%
EUR/AUD 1.5443 $0.001 0.06%
EUR/CHF 1.1036 $0.000 -0.03%
EUR/GBP 0.8685 $0.001 0.09%
EUR/USD 1.1963 $0.000 -0.02%
GBP/AUD 1.778 $0.000 -0.01%
GBP/CHF 1.2706 ($0.001) -0.07%
GBP/JPY 149.66 ($0.280) -0.19%
GBP/USD 1.3774 ($0.001) -0.09%
USD/CAD 1.2549 $0.001 0.06%
USD/CHF 0.9225 $0.000 -0.02%
USD/JPY 108.66 ($0.090) -0.08%
EUR/JPY 129.99 ($0.120) -0.10%
AUD/USD 0.7747 $0.000 -0.04%



https://money.cnn.com/data/fear-and-greed/


INO Evening Markets Report (INO.COM)

DOW

Analysis

GOLD

June lean hogs closed down the $3.00 limit at $104.70 today. The hog bulls still have the firm overall near-term technical advantage. However, a four-month-old uptrend on the daily bar chart is now in some jeopardy and bulls do not want to see follow-through selling on Friday and a bearish weekly low close.

SILVER

May feeder cattle closed down $0.67 at $144.75 today. Prices closed nearer the session low today and hit a three- week low. Bulls still have the overall near-term technical advantage but are fading fast. A 5.5-month-old price uptrend has stalled out on the daily bar chart.

CRUDE

ENERGIES: May Nymex crude oil closed up $0.24 at $63.40 today. Prices closed near the session high today and hit a four-week high. The bulls have the overall near-term technical advantage and have momentum as prices have this week seen a bullish upside breakout from the recent trading range.

NAT GAS

May natural gas closed up 4.7 cents at $2.665 today. Prices closed nearer the session high today and scored a bullish outside day up. The bears have the overall near-term technical advantage.

US DOLLAR

CURRENCIES: The June Euro currency closed down 9 points at 1.1976 today. Prices closed near the session low today and hit a four-week high early on. The bears have the slight overall near-term technical advantage, but the bulls have momentum to suggest a market bottom is in place and are working on a price uptrend.

Things To Watch

  • Bo Polny says DJIA will drop to 15,000.
  • Charles Nenner is calling for a DJIA of $5000 in the latter part of 2021 or spring of 2022.
  • Clif High is calling for $600 Silver.




Bullish TA
100094New 52-week Highs
12748Strong Volume Gainers
100Bullish 50/200-day MA Crossovers
137-5Bullish MACD Crossovers
51Oversold with an Improving RSI
548339Moved Above Upper Bollinger Band
1008733Moved Above Upper Price Channel
604435Moved Above Upper Keltner Channel
954Improving Chaikin Money Flow
651177New CCI Buy Signals
298-63Parabolic SAR Buy Signals
272-113Stocks in a New Uptrend (Aroon)
1445Stocks in a New Uptrend (ADX)
524Gap Ups
51Breakaway Gap Ups
18-1Runaway Gap Ups
11Island Bottoms
Bearish TA
6320New 52-week Lows
63-3Strong Volume Decliners
232Bearish 50/200-day MA Crossovers
164-86Bearish MACD Crossovers
12-23Overbought with a Declining RSI
302154Moved Below Lower Bollinger Band
476310Moved Below Lower Price Channel
192111Moved Below Lower Keltner Channel
264121Declining Chaikin Money Flow
37966New CCI Sell Signals
37358Parabolic SAR Sell Signals
2827Stocks in a New Downtrend (Aroon)
58-8Stocks in a New Downtrend (ADX)
420Gap Downs
43Breakaway Gap Downs
1/16/19002Runaway Gap Downs
10Island Tops
Bullish Reversals
56-113Bullish Engulfing
3-31Piercing Line
3-7Morning Star
13-14Bullish Harami
5-2Three White Soldiers
Bearish Reversals
86-146Bearish Engulfing
12-28Dark Cloud Cover
00Evening Star
33-6Bearish Harami
9-16Three Black Crows
Bullish P&F
284729P&F Double Top Breakout
3943P&F Triple Top Breakout
61-1P&F Spread Triple Top Breakout
96331P&F Ascending Triple Top Breakout
494P&F Quadruple Top Breakout
660P&F Bearish Signal Reversal
54-3P&F Bear Trap
633P&F Bullish Catapult
633P&F Bullish Triangle
388-5P&F Low Pole
Bearish P&F
162281P&F Double Bottom Breakout
2136P&F Triple Bottom Breakdown
35-2P&F Spread Triple Bottom Breakdown
43531P&F Descending Triple Bottom Breakdown
280P&F Quadruple Bottom Breakdown
635P&F Bullish Signal Reversal
525P&F Bull Trap
212P&F Bearish Catapult
52-2P&F Bearish Triangle
519-31P&F High Pole
423P&F Long Tail Down

Last Week's Matrix

Learn More: Previous Weekly Matrix with explanation.



This Week's Major U.S. Economic Reports & Fed Speakers
Time (ET) Report Period Actual Median Forecast Previous
SUNDAY, APRIL 11
7:00 PM Fed Chair Jerome Powell interviewed on "60 Minutes"
MONDAY, APRIL 12
1:00 PM Boston Fed President Eric Rosengren speaks
2:00 PM Federal budget March -$660 billion -- -$119 billion
TUESDAY, APRIL 13
6:00 AM NFIB small-business index March 98.2 98.5 95.8
8:30 AM Consumer price index March 0.006 0.005 0.004
8:30 AM Core CPI March 0.003 0.002 0.001
12 noon Philadelphia Fed President Patrick Harker speaks
12 noon Fed Presidents Mary Daly, Raphael Bostic, Loretta Mester speak
12 noon Richmond Fed President Thomas Barkin speaks
WEDNESDAY, APRIL 14
8:30 AM Import price index March 0.012 0.009 0.013
9:15 AM Dallas Fed President Rob Kaplan speaks
12 noon Fed Chair Jerome Powell speaks
2:00 PM Beige Book
2:30 PM New York Fed President John Williams speaks
3:45 PM Fed Vice Chair Richard Clarida speaks
THURSDAY, APRIL 15
8:30 AM Initial jobless claims (regular state program) 4/10/2021 576000 710000 769000
8:30 AM Continuing jobless claims (regular state program) 4/3/2021 3.73 million -- 3.73 million
8:30 AM Retail sales March 0.098 0.061 -0.027
8:30 AM Retail sale ex-autos March 0.084 0.053 -0.028
8:30 AM Philadelphia Fed manufacturing index April 50.2 42 44.5
8:30 AM Empire state manufacturing index April 26.3 20 17.4
9:15 AM Industrial production March 0.014 0.027 -0.026
9:15 AM Capacity utilization March 0.744 0.757 0.734
10:00 AM Business inventories Feb. 0.005 0.005 0.004
10:00 AM National Association of Home Builders index April 83 84 82
11:30 AM Atlanta Fed President Raphael Bostic speaks
2:00 PM San Francisco Fed President Mary Daly speaks
4:00 PM Cleveland Fed President Loretta Mester speaks
FRIDAY, APRIL 16
8:30 AM Building permits (SAAR) March 1.75 million 1.720 million
8:30 AM Housing starts (SAAR) March 1.62 million 1.421 million
10:00 AM Consumer sentiment index (preliminary) April 89 84.9
10:45 AM Dallas Fed President Rob Kaplan speaks
12:30 PM Dallas Fed President Rob Kaplan speaks

Source: MarketWatch.com





*** For Subscribers Only ***




  1. This week looks Bullish, but cycle are starting to turn down.
  2. Notice that the NOAA forecast is changing again like it did last week.
  3. Tuesday should close higher.
  4. Mon, Tue and / or Wed shold see moves of greater than 1%

Comments and Charts for Subscribers

  • $ES is overbought and at a cycle top. CAUTION!
  • SPY is overbought and at a cycle top. CAUTION!
  • GLD, SLV and the futures have cycles showing a pull-back over the next two weeks.
  • $NG will hit a cycle low this week.
  • UNG continues in an upward cycle.
  • USO should be moving higher the rest of the month.
  • VZ expecting to lose more ground this month.
  • Stock, Precious Metal and Cryptos are all showing signs of a coming move lower.

DOMINATE CYCLE TRADE SIGNALS
DateBuySell
3/24/2021 $ES STNE BA PYPL
3/25/2021 ETC_USD CMG VXX AMD ADBE
3/26/2021 NFLX GLD
3/29/2021 WMT $NG $HG JPM
3/30/2021 GBTC F XLV GROW
3/31/2021 XBI EA DGD_USD
4/5/2021 WYNN XLF UUP PEP
4/6/2021 CCL
4/7/2021 $AUDUSD ADBE USO BCH_USD INTC GDX CSCO $HG HAL
4/8/2021 FIZZ $AUDJPY GROW $EURAUD UNG XLK
4/9/2021 FDX
4/13/2021 BIDU $DX NVDA
4/14/2021 GS XRP_USD $EURUSD $USDJPY
4/15/2021 $HG LTC_USD
4/16/2021 LLY DIS $EURGBP
4/19/2021 GROW FB
4/20/2021 BABA AMZN $GBPUSD STNE BTC_USD
4/21/2021 SBUX LULU AAPL ADBE
4/22/2021 OSTK XEM_USD YUM
4/26/2021 TLT SLV $HG MSFT IWM
4/27/2021 MU
4/28/2021 AMAT ABT $CL
4/29/2021 TGT GROW CGC $SI
4/30/2021 LMT PANW
5/3/2021 GBTC NFLX USO
5/4/2021 $HG GDX TWTR ADBE EBAY ROKU UUP
5/5/2021 CVS SOXX UNG
5/6/2021 FSLR
5/10/2021 SPY GROW TSLA
5/11/2021 DCR_USD $NG $AUDUSD
5/12/2021 PYPL $EURAUD $AUDJPY

CHARTS

Dotted vertical lines are inversion reversal dates.
























HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.

Futures trading is complex and carries the risk of substantial losses. It is not suitable for all investors. The ability to withstand losses and to adhere to a particular trading program in spite of trading losses are material points which can adversely affect investor returns.