MOMO and FLOWS paint a blurred picture for the SPYDER

More upside seems plausible, but a tumble from here as well...

SILVER about to blow out and top..

...there could be a case for a blow out to 39+, creating some Divergences on the way up and PEAK.

TimeCycles: the USD$

All evidence still hints at bottoming USD$.....

TimeCycles: Are we there yet ?

SPYDER and Small Caps hint at some topping action followed by a correction into MAY.

Precious Metal could see Silver blowing out first into April with a delayed intermediate (not LONGTERM !!) Top in Gold in late April.

Sentiment RHYMES

Follwoing last night's post on the VIX_OSC2 Ananlysis, pls find why we feel that structurally the market reminds of previous waterfalls.

Golden5: Sentiment within a historical context or why we would take it easy on the long side...

We looked at all situations over the last 15 years where our VIX_OSC2 showed a downside EXTREME after some bullish cruising....

In a next step we aligned all extremes and looked at them on a VIX_OSC Indicator chart and on a PRICE chart.

Here is what we found....

Golden5: Sentiment still looks bearish

Our Summation Indicator has turned and we need a good period of positive readings on our VIX_OSC to have him turning up again...

....but we are still fighting with the crossover back into the positive territory!
(VIX_OSC 2 confirms his 'brother')

OptionFlows

OIL has built up some HUGE speculative positions which need to correct a bit further...

The broad market does not look like a goo 'buy the dip' buy !!
Gold and Silver could surprise....

MOMO and Flow update

Gold looks neutral!

Tech and SPYDER seem work work on the bearish side scheduled

TimeCycles: USD, GOLD, CRB strength vs. OIL weakness

Breadth signals a change in character...

Golden5: Sentiment picture expects more downside

Golden5: Sentiment reached a temporary Bounce level...

This could be just a temporary support level or the end of the panic. Given the state of the newsflow I have my doubts about the latter....

OptionFlows

As you can see we added the TimeCycles to our OptionFlow analysis. We see a bear in the SPYDER and Tech and a breathing bull in Gold&Silver. This all sets the Context for the earlier post on TimeCyles and MOMO.

MOMO update

The MOMO story seems consistent where we could see more s/t bouncing in an unfinished bear and the opposite on the GOLD side ....

Can Gold develop a neg Div !! <=> one final spike up......

TimeCycles (Beta)

Our new TimeCycles tool projects a A-B-C correction in Gold that can run into late April.

Oil seems to have more upwards work to be left for the remainder of the month...
The SPYDER and the Tech Q's are cleary portraying a bearish picture in the end of March.

TimeCycles:

We screen with a Monte Carlo algo the Timeseries and try to find relevant cycles that were valid the last 2 full cycles. In a final step we aggregate all significant cycles.

Golden5: Breadth looks at potential bounce

Golden5: Sentiment at a crossroads

Where do we go from here ? Our VIX_OSC indicators still look bearish, whereby the Equity Put/Call ratios look more neutral.

construction work....

We are in the process of adding a TimeCycle tool to our model and thus will not find the time to post this week.

In my absence enjoy the ride in Gold (above 1440) and Silver (above 36) .....

Also bear in mind that this week will be the 9th Tom DeMark Sequential weekcount in the EURO which only needs (at least an open above last week's close: already done) a negative week on closing basis (+ subsequent confirmation) to trigger a potential SELL signal .....

Golden5: Sentiment: another crack underneath the surface

Nothing new here at CBOE and ISE.