Visit Website   |   Get Newsletter in your inbox   |   Subscription & Services  

OSS Nightly Indicators (Free version)


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

  • Silver appears to working it way towards a Bullish Wave 5. See chart below.
  • Bitcoin has hit support. Its pump or dump time. As things traspired over the weekend, I am looking for a dump
  • Clif High's web bot says the period from Jan 7 to Jan 31st will see something big happen. Could be in the markets, natural disaster or geopolitical.

Follow me at: Twitter | FaceBook | StockTwits


LINKS


For trading 1/25/2021

MAJOR
Symbol Last Chg. Chg. %
.DJI 30996.98 ($179.03) -0.57%
.DJT 12856.54 ($42.52) -0.33%
.NDX 13366.4 ($38.59) -0.29%
GBTC.PK 34.45 $2.52 7.88%
GLD 173.89 ($1.39) -0.79%
IWM 215.03 $2.50 1.18%
SLV 23.65 ($0.50) -2.07%
SPY 382.85 ($1.39) -0.36%
TLT.O 151.88 $0.49 0.32%
UNG 9.01 ($0.18) -1.96%
US500 3841.47 ($11.60) -0.30%
USO 35.23 ($0.53) -1.48%
UUP 24.32 $0.04 0.14%

SECTORS
Symbol Last Chg. Chg. %
RWR 87.61 $0.29 0.33%
XBI 152.67 $1.89 1.25%
XHB 63.57 $0.40 0.63%
XLB 74.41 ($0.33) -0.44%
XLE 42.07 ($0.22) -0.52%
XLF 30.34 ($0.22) -0.72%
XLI 88.51 ($0.46) -0.52%
XLK 132.84 ($0.50) -0.38%
XLP 65.07 ($0.17) -0.26%
XLU 62.84 $0.09 0.14%
XLV 117.61 ($0.33) -0.28%
XLY 170.08 ($0.60) -0.35%
XRT 74.94 $1.77 2.42%

CRYPTOS
Symbol Last Chg. Chg. %
BCH 429.45 $9.69 2.31%
BTC 32522 $1,563.90 5.05%
DENT 0.0012 $0.00 0.00%
DGB 0.024106 $0.00 2.07%
EMC 0.77991 $0.75 2,581.02%
EOS 2.623 $0.08 3.27%
ETC 7.4658 $0.39 5.55%
ETH 1229.92 $70.36 6.07%
LTC 136.59 $1.83 1.36%
OMG 3.3826 $0.19 6.02%
THETA 1.9522 $0.17 9.33%
XLM 0.2729 $0.02 6.10%
XRP 0.2755 $0.01 3.18%

FOREX
Symbol Last Chg. Chg. %
AUD/JPY 80.02 ($0.320) -0.40%
AUD/USD 0.7713 ($0.005) -0.64%
EUR/AUD 1.578 $0.012 0.75%
EUR/CHF 1.0775 $0.001 0.09%
EUR/GBP 0.8893 $0.004 0.43%
EUR/JPY 126.3 $0.440 0.35%
EUR/USD 1.2168 $0.001 0.05%
GBP/AUD 1.7744 $0.006 0.34%
GBP/JPY 142.06 ($0.060) -0.04%
GBP/USD 1.3686 ($0.005) -0.34%
USD/CAD 1.2734 $0.010 0.80%
USD/CHF 0.8855 $0.000 0.04%
USD/JPY 103.75 $0.270 0.26%



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


INO Evening Markets Report (INO.COM)

DOW

The March NASDAQ 100 was lower overnight due to rising COVID-19 cases and lock-down concerns across the globe and as optimism surrounding a leadership change at the White House is abating. The low-range trade sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If the NASDAQ 100 extends the rally off November's low into uncharted territory, upside targets will be hard to project. Closes below the 20-day moving average crossing at 12,921.75 would signal that a short-term top has been posted. First resistance is Thursday's high crossing at 13,423.50. Second resistance is unknown. First support is the 20-day moving average crossing at 12,921.75. Second support is the 50-day moving average crossing at 12,541.83.

GOLD

April gold was lower overnight. The low-range overnight trade sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at $1881.60 would confirm that a short-term low has been posted. If April renews the decline off January's high, November's low crossing at $1771.30 is the next downside target. First resistance is the 20-day moving average crossing at$1881.60. Second resistance is January's high crossing at $1966.80. First support is Tuesday's low crossing at $1804.70. Second support is November's low crossing at $1771.30.

SILVER

March silver was was lower overnight. The low-range overnight trade sets the stage for a steady to lower opening when the day session begins trading later this morning. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at $26.092 are needed to signal that a short-term low has been posted. Closes below Tuesday's low crossing at $24.040 would open the door for additional weakness near-term. First resistance is January's high crossing at $28.105. Second resistance is September's high crossing at $29.380. First support is Tuesday's low crossing at $24.040. Second support is November's low crossing at $21.960.

CRUDE

March crude oil was lower overnight and is poised to breakout to the downside of the trading range of the past two-weeks. The low-range overnight trade sets the stage for a lower opening when the day session begins trading. Stochastics and the RSI are overbought and are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at $50.82 would confirm that a short-term top has been posted. If March resumes the rally off November's low, the 75% retracement level of the 2018-2020-decline crossing at $57.64 is the next upside target. First resistance is last-Wednesday's high crossing at $53.94. Second resistance is the 75% retracement level of the 2018-2020-decline crossing at $57.64. First support is the 20-day moving average crossing at $50.82. Second support is the 50-day moving average crossing at $47.45.

NAT GAS

March Henry natural gas was lower overnight as it extends the decline off the January 12th high. The low-range overnight trade sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near-term. If March extends the aforementioned decline, December's low crossing at 2.268 is the next downside target. Closes above the 50-day moving average crossing at 2.656 would signal that a short-term low has been posted. First resistance resistance is the January 12th high crossing at 2.835. Second resistance is the November 30th high crossing at 2.910. First support is the overnight low crossing at 2.425. Second support is the December 28th low crossing at 2.268.

US DOLLAR

The March Dollar was slightly higher in overnight trading. The mid-range overnight trade sets the stage for a steady to higher opening when the day session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Multiple closes below the 20-day moving average crossing at $90.11 would temper this month's rally. Closes above the 50-day moving average crossing at $90.81 would open the door for a possible test of the November 30th reaction high crossing at $91.96. First resistance is the 50-day moving average crossing at $90.81. Second resistance is the November 30th high crossing at $91.96. First support is the 20-day moving average crossing at $90.11. Second support is the January 6th low crossing at $89.16.

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.
  • Mars will be in Aries from June 27th 2020 to Jan 6th 2021. Strong chance of open conflict
  • Charles Nenner expects a return of the virus in Oct. It should be much worse this time. Perhaps it will be a new virus.




Bullish TA
542-421New 52-week Highs
182-15Strong Volume Gainers
27-3Bullish 50/200-day MA Crossovers
70-19Bullish MACD Crossovers
31Oversold with an Improving RSI
367-7Moved Above Upper Bollinger Band
40817Moved Above Upper Price Channel
34929Moved Above Upper Keltner Channel
22282Improving Chaikin Money Flow
314-137New CCI Buy Signals
216-130Parabolic SAR Buy Signals
26038Stocks in a New Uptrend (Aroon)
1066Stocks in a New Uptrend (ADX)
51-34Gap Ups
0-1Breakaway Gap Ups
22-23Runaway Gap Ups
22Island Bottoms
Bearish TA
5-17New 52-week Lows
708Strong Volume Decliners
163Bearish 50/200-day MA Crossovers
4962Bearish MACD Crossovers
95-21Overbought with a Declining RSI
18156Moved Below Lower Bollinger Band
21685Moved Below Lower Price Channel
5010Moved Below Lower Keltner Channel
123-67Declining Chaikin Money Flow
517253New CCI Sell Signals
822211Parabolic SAR Sell Signals
15863Stocks in a New Downtrend (Aroon)
3617Stocks in a New Downtrend (ADX)
5510Gap Downs
32Breakaway Gap Downs
1/12/19005Runaway Gap Downs
21Island Tops
Bullish Reversals
185139Bullish Engulfing
6262Piercing Line
0-1Morning Star
90Bullish Harami
50Three White Soldiers
Bearish Reversals
52-285Bearish Engulfing
9-36Dark Cloud Cover
5-3Evening Star
64-14Bearish Harami
145Three Black Crows
Bullish P&F
3383-262P&F Double Top Breakout
482-28P&F Triple Top Breakout
53-7P&F Spread Triple Top Breakout
1145-99P&F Ascending Triple Top Breakout
64-13P&F Quadruple Top Breakout
67-9P&F Bearish Signal Reversal
66-2P&F Bear Trap
59-5P&F Bullish Catapult
96-1P&F Bullish Triangle
378-59P&F Low Pole
Bearish P&F
1433226P&F Double Bottom Breakout
18316P&F Triple Bottom Breakdown
257P&F Spread Triple Bottom Breakdown
38871P&F Descending Triple Bottom Breakdown
281P&F Quadruple Bottom Breakdown
5710P&F Bullish Signal Reversal
5714P&F Bull Trap
173P&F Bearish Catapult
357P&F Bearish Triangle
55651P&F High Pole
375P&F Long Tail Down

Last Week's Matrix

Learn More: Previous Weekly Matrix with explanation.



Number Nine Bullish
Symbol Close
Number Nine Bearish
Symbol Close
Coming US Economic Events
Monday, 25-January-2021 (EST)
8:30:00 AMChicago Fed National Activity Index
10:30:00 AMChicago Fed National Activity Index
11:30:00 AM3-Month Bill Auction
11:30:00 AM6-Month Bill Auction
1:00:00 PM2-Yr Note Auction
Tuesday, 26-January-2021 (EST)
8:55:00 AMRedbook
9:00:00 AMRedbook
9:00:00 AMFHFA House Price Index
10:00:00 AMConsumer Confidence
10:00:00 AMRichmond Fed Manufacturing Index
11:00:00 AM4-Week Bill Announcement
11:00:00 AM4-Week Bill Announcement
11:30:00 AM52-Week Bill Auction
1:00:00 PM5-Yr Note Auction
Wednesday, 27-January-2021 (EST)
7:00:00 AMMBA Mortgage Applications
8:30:00 AMDurable Goods Orders
10:00:00 AMState Street Investor Confidence Index
10:30:00 AMEIA Petroleum Status Report
11:00:00 AMEIA Petroleum Status Report
11:30:00 AM2-Yr FRN Note Auction
2:00:00 PMFOMC Announcement
2:30:00 PMFed Chair Press Conference
Thursday, 28-January-2021 (EST)
8:30:00 AMGDP
8:30:00 AMGDP
8:30:00 AMJobless Claims
8:30:00 AMJobless Claims
8:30:00 AMJobless Claims
10:00:00 AMNew Home Sales
10:00:00 AMLeading Indicators
10:30:00 AMEIA Natural Gas Report
11:00:00 AMKansas City Fed Manufacturing Index
11:00:00 AM3-Month Bill Announcement
11:00:00 AM6-Month Bill Announcement
11:30:00 AM4-Week Bill Auction
11:30:00 AM4-Week Bill Auction
1:00:00 PM7-Yr Note Auction
2:18:00 PMFull Moon
4:30:00 PMFed Balance Sheet
4:30:00 PMMoney Supply
Friday, 29-January-2021 (EST)
8:30:00 AMEmployment Cost Index
8:30:00 AMPersonal Income and Outlays
9:45:00 AMChicago PMI
10:00:00 AMConsumer Sentiment
10:00:00 AMPending Home Sales Index
1:00:00 PMPending Home Sales Index
3:00:00 PMFarm Prices

Tonight's Free Charts












Subscription Services

Get all the charts and forecasts nightly.

All services include a 2-week free trial.

OSS Indicators

Includes nightly charts and reversal signals plus Crypto and Stock trade signals

Monthly $49.95 -- Subscribe Now!

Quarterly $89.85 -- Subscribe Now!

Option Signal Service

Includes OSS INDICATORS SERVICE plus Options and Binary Options trade signals

Monthly $89.95 -- Subscribe Now!

Quarterly $179.85 -- Subscribe Now!



** SUBSCRIBER'S ONLY SECTION **

Not a subscriber?

Sign up now!

Charts, Options and high probability trade setups.

Click Here




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.