Santa is knocking at our door...early

No matter how we look at it, it looks bullish this week. We expect Risk ON to continue into December. This would mean a stronger Ezro, Gold, Oil, Stock and lower VIX.

More charts at SUSI Charts....

Your humble blogger will be away from his beloved workstations over the next 2 week and I expect to post again in around Dec 8/9. Enjoy Santa !!

Our MODEL went long this week...

Pls find a the track record of our combined VixOsc (aka. 'Workhorse') paired with our Institutional Money TREND indicator.

Our current position: LONG

Institutional Money TREND has turned BULLISH

Applying the same Institutional Portfolio approach to our TREND Indicators results in the following NEW Chart.

We update the VixOSC, Portfolio TREND and the OptionFlowExtremes Charts on a regular basis, which you find under our SUSI GRAPHS on the right side ===>>>> 

VixOsc has turned....Santa could come early!

We have expected this, which could mean the kick off for a intermediate rally.

 

Oil, Gold, DXY sing the bull song

Dollar could top here, but the neutral Sentiment should not allow to big a move.

The ducks are lining up for Gold: Seasonals, TimeCycles, Trend

 Oil looks also bullish.

We have added additional charts to 'SUSI CHARTS' link (see right)

Could AAPL lead the way...again

Our Leading AAPL OSC is still negative as well, but if Apple reverses so will Mr. Market.

WORKHORSE could flip....

Yes, the 'Workhorse' is still bearish...

...,but it seems works upwards.

 The Vix Fair Value hints the same way....

Long and Short ETF Universe looks ripe for a reversal

Our Workhorse VixOsc keeps us safe and bearish

Market Observations for the Week of Nov 12

What the Alpha Male doing? Apple has taken quite a hit and is close to some crucial Support/Resistance Line. If we assume some normal correction here (bullish case) then we can take the last correction structure as a blueprint, which would need a higher HIGH in the TREND Indicator and a lower Low in the APPLE price to confirm the exhaustion.....this means annother retest of the Low after a short upside move...

 The dollar sees another week of strength, which the Public Opinion Chart (small chart from sentimenttrader.com) could see as a possibility.

 ...same with the Euro.

 I stumbled across the China ETF Chart....let it talk for itsself

Gold in Euros and Dollar might see a shallow correction or better a retest of the recent trend before we could expecta stronger November .

 The VXX (Vola ETF) show a structure the could support another swing down.

Bottom line:
We might see som Exhaustion moves next, followed by another Bull move into the SANTA season...

VixOsc still bearish and call for a more protracted correction

 

ISe and CBOE don't show a clear bias

 

Inverse ETFs could see a short term exhaustion

 

SUSI Charts updated

1) Euro looks bearish
2) Correction not over

SUSI Graphs updated

Our VixOSC and our Leading APPLOSC were unimpressed ...look for yourself in the SUSI folder.

VixOSC has not changed general direction..

...despite the miracle ramp up at 11:30am yesterday and the US election.

Risk Off mode still on

We promised Vola in the EURO and precious Metals and the Market Gods didn't let us down. Needless to say that those markets do NOT operate in a vacuum and that this would affect the broader RISK trade.

Thus it shoudl be a surprise that our leading TRENF indicator still ows the bear territory. (Pls find AAPL, EURO, GOLD as cases in point).

 

TimeCycles see the correction running for 1-2 more weeks

we updated our SUSI GRAPHS

Breadth:
Watch the deteriorations and Divergenced


VIXOSC:
In the old and new format which translates the signal into trading positions.
Got short on time!

Leading APPL :
Got short on time!

OptionFlowExtremes:
Counts and filters the amount of Extremes in the key Institutional must hold stocks. <=> good for spotting lows!!

Sell the news on Friday didn't come as a surprise.....

...given that we saw a top in the making....

You gotta love this guy....

Nobody gives you the 10.000ft kinda view like  Satyajit Das on the economic calamities of the day. I can highly recommend his books and particularly his interviews like this one from the podcast from the disciplined investor.