vikasrao

vikasrao

Live Cattle potentially leads?

vikasrao

Big divergence

vikasrao

WLT and UNG tend to diverge, and now its WLT to move higher now that its not that cold anymore?

vikasrao

Weekly chart - overbought RSI, market experienced large sized corrections from this level before

vikasrao

DX should run into some trouble here?

vikasrao

McClellan always points to GE's price action as a sign of things to come for the DOW. GE right now is bearish under cloud, while YM looking strong. GE is almost always right.

vikasrao

Just a few things to keep track of - for divergences

vikasrao

Looks lower to me, its at the lower BB so might bounce a little, but I wouldnt recommend catching falling knives like that.

vikasrao

MACD negtive, bear cross and below cloud, in a confirmed downtrend.

vikasrao

Soybean oil looks like it should make its way back to the 53 area, hourly trend might be turning bearish, so looking to buy around 50.9 or so.

vikasrao

Does not look good to me, but the recent volume surge could mean a bounce, which I suppose is shortable? Previous support now becomes resistance.

vikasrao

Should be a negative divergence?

vikasrao

Interesting divergence, however, note EUR/JPY's spike along with Thursday's rally in the $ES_F, Tom McClellan notes this means any decline going into next week's presidential cycle bottom will be muted. So, we might see a pullback, but not a lot? Monday will be interesting.

vikasrao

When VIX closes outside the BB and then closes back inside it, odds are its a buying opportunity in the S & P.