tag:blogger.com,1999:blog-8084606426992105990.post4330509286953310585..comments2023-10-29T06:32:19.009-04:00Comments on The Keystone Speculator™: SPX Support, Resistance (S/R) and Moving Averages for Trading the Week of 5/28/13Keystone Speculatorhttp://www.blogger.com/profile/15343512310307344717noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-8084606426992105990.post-52670462568310674622013-05-27T13:06:35.466-04:002013-05-27T13:06:35.466-04:00The low volume does provide a question mark, also ...The low volume does provide a question mark, also volatility dropped not confirming the higher CPC.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-83398912407340100772013-05-26T13:08:01.823-04:002013-05-26T13:08:01.823-04:00So with such a low volume, should CPC and NYMO be ...So with such a low volume, should CPC and NYMO be taken into account? Thanks!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-44521646924816209022013-05-26T10:39:19.596-04:002013-05-26T10:39:19.596-04:00Thank you KS for your answer.
look, as a proof of ...Thank you KS for your answer.<br />look, as a proof of not trolling here, look at where he's calling for "holiday reversal".<br />http://www.youtube.com/watch?v=ZfFASmbozMQ<br /><br />maybe i've got it wrong (a problem related to my english level), although i'm sure i've got it well.<br /><br />Thank you, <br /><br />V. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-16280891691910945862013-05-26T05:14:15.685-04:002013-05-26T05:14:15.685-04:00Perhaps, the new week is very important. If the pa...Perhaps, the new week is very important. If the path ahead is like the May 2012 selloff, then the CPC will climb to 1.3, 1.4, 1.5 maybe higher as panic sets in. Likewise, the NYMO can drop further, -40, -60, -80. It was a surprise to see CPC print 1.26 but Friday was a funny day with the low volume of the year.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-57641690237048207262013-05-26T05:11:47.243-04:002013-05-26T05:11:47.243-04:00Nope, the bias is to the upside ahead of the holid...Nope, the bias is to the upside ahead of the holiday, simply look at the Other Signals page. He may be discussing some other metric that considers the move through the holiday. VIX will likely tell the story. If markets move higher out of the gate this week, using NYMO -40 as a near-term bottom, but the VIX does not drop under 13.13, the bears are fine. If the markets bounce and the VIX drops under 13.13, the bulls will have legs and take the markets up for a potential M top.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-75243320907277805912013-05-26T05:08:05.345-04:002013-05-26T05:08:05.345-04:00Yep, potential near-term bottom but since the CPC ...Yep, potential near-term bottom but since the CPC is finally moving upwards, like May 2012, the door is open for bears to walk through. It would have to be this week or the bulls may take over again for a couple weeks.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-71087393680935041132013-05-26T03:12:52.487-04:002013-05-26T03:12:52.487-04:00KS, you mentioned CPC and NYMO both indicate that ...KS, you mentioned CPC and NYMO both indicate that a bounce may be on tap next week for the indexes, so that was it, only -38 points corrected, ~2%? <br />Oh, I'm so disappointed!<br />So the Fed's gonna adjust Consumer Confidence and GDP to meet their goal for market to continue climb bullishly..?<br />Bears become dead cat again:(Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-8482556472412296202013-05-26T01:51:47.012-04:002013-05-26T01:51:47.012-04:00correction: " 1656 - if broken to the upside ...correction: " 1656 - if broken to the upside , the market might head north on charts with a double-top possibility OR new highs."<br /><br />V. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-45174559236612940942013-05-26T01:49:07.614-04:002013-05-26T01:49:07.614-04:00hi KS,
I've got one question, please.
There&...hi KS, <br /><br />I've got one question, please.<br />There's a trader called Oscar Carboni that called for last week downside move as a "holyday reversal" - he said that in front of a longer period of non-trading (i.e. week-end of 3 days) the traders have a downside bias and this inclination might not have followthrough next week. He said "not fall in love with the downside". <br />This concept is the opposite of the concept that in front of a longer period of non-trading (longer week-end) the market tends to have an upthrust inclination. <br />What's your opinion on this? <br />Considering the prints of CPC and NYMO i'm a little in doubt regarding the continuation of the downside move next week. <br />It's also the last trading days of May (EOM-end of month). How might "end-of -month window dressing" affect stocks? <br /><br />Considering all this, what do you think? <br /><br />According to my observations, my trigger levels are : 1621 - if broken to the downside the trend might just speed it up to south and 1656 - if broken to the upside , the market might head to north on charts with a double-top possibility of new highs. <br />Aside form technical signals (VIX, others) what do you think about next week as orientation projections? <br /><br />Thank you, <br />V. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-15899477332181548002013-05-25T17:26:28.461-04:002013-05-25T17:26:28.461-04:00KS,
Does the high $CPC value of 1.26 and the low...KS, <br /><br />Does the high $CPC value of 1.26 and the low $NYMO value of -40.9 indicate a potential bottom in the S&P in your opinion?<br /><br />TWAnonymousnoreply@blogger.com