Saturday, January 12, 2013

Warning Signs in the bullish wonderland

When we look at the overall model we see an ideal position of 100% long since the beginning of the year. What is reason for concern ist the amount of negative Divergences in the contributing elements. Particularly concerning are the deviation for the Banks, China and the Euro.

Summary:
NEGATIVE DIV 
SMH
FXI
IWM
FXE
BAC
JPM
MS
JNJ


POSITIVE DIV:
AAPL
SLV


NEUTRAL:
GE
FXA
AMGN


Plain Bullish:
XOM
NEM


Pls. see for yourself. There is the smell of an Exhaution in the air, let's see how quickly it materializes.
(all charts and more can be found in SUSI Charts)






















We always look for new way to see the market and like the approach to analyse the TWITTER feed which can be found at TWITTER Sentiment.



No comments:

Post a Comment