Bear Cave 2 (Bull Allowed)

VXF daily: Testing the the 184.85 marker..... The sell orders continue..... VXF remains below the 3 ema on the daily and remains in a downtrend.

VXF daily: The second chart and a closer look. Day 9 since moving below the 3 ema on the daily chart.
 

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VXF daily: I will probably be taking this pattern trade. A move down and outside the lower BB for VXF has resulted in a nice ST trade. We shall see if VXF bounces or it gets cheaper at the open. I still have SLV and SILJ on my my buy list. Trades only! A very nice pattern of higher lows for VXF as buyers continue to add shares during weakness. (BTD)
 

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VXF and VTI daily trends: If you trade or make moves using the daily data like I do, you would be in a cash position for these two indexes. Day 7 of the move lower for VXF.
( Trending below the 3 ema ) A nice bounce off the lows before the close Friday, so we shall see how next week plays out.
 

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VXF monthly: Remains below its February high...... Still, if you are an investor and use the monthly data we still don't have a sell signal. The trend remains above the 10 sma on the monthly.
 

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Oil Game Changer

Oil dropped over 13% on Friday to extend its daily cycle decline.
Oil printed its lowest point on Friday, day 67, placing oil very deep in its timing band for a DCL. At this late stage of the daily cycle, a swing low and close back above the 200 day MA will have good odds of marking the DCL.

So, while oil could potentially begin a new daily cycle next week, Friday’s huge drop is a game changer that will likely send oil into an intermediate and yearly cycle decline. Which I further discuss in the Weekend Report.
https://likesmoneycycletrading.wordpress.com/2021/11/27/oil-game-changer/
 

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VXF and VTI daily charts after the close: We did see some buyers come in, but we still remain in a down trend. Moves outside of the lower BB have been good buy points in the past for VXF. We shall see how this one plays out. The pattern has been to move back up into the BB and maybe a tag of the upper in the days ahead. Buyers and sellers make these patterns I just trade what I see.....

Bottom Line: VXF and VTI are both in a down trend so I'm in a cash position. However, VXF is more oversold, (S Fund) but Tom's chart indicated we might still be under some extra selling pressure next week.
 

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SLV daily: Remains in a down trend. My plan was to buy a few shares when the SILJ gap filled for "A TRADE" not an investment. I bought some shares @ 12.80ish. The COT for SI remains very ugly. I posted it earlier.


Gold Stocks: It's Almost Time To Buy
Morris Hubbartt


Super Force Precious Metals Video Analysis

Morris Hubbartt

Nov 26, 2021


Some comments from Morris: I DO NOT trade based on his comments or charts, but do like to look over his market thoughts.

Nov 26, 2021 Gold Stocks: It's Almost Time To Buy Morris Hubbartt 321gold ...inc ...s
https://www.youtube.com/watch?v=7sMFZkeuOMw
 

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Some Historical Charts: How much longer can the Fed keep rates this low?
 

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VTI weekly: Used for MT trading. VTI remains above the 10 sma on the weekly so still no sell signal for some anyway. I trade the daily, but my son uses the weekly in his TSP account. A move below the 3 ema on the weekly is a sell for me, and I don't care about whipsaws because I have unlimited moves. Those in TSP do not. When a HLC bar extends above the upper BB on the weekly it's a warning signal, and the move below the 3 ema confirm's the ST signal. We shall see where go from here. One would think that buyers will come in and hold VTI above the 10 sma on the weekly.

We are already starting to see a bounce for VTI, but VXF is having trouble. https://stockcharts.com/h-sc/ui?s=VXF&p=D&yr=0&mn=6&dy=0&id=p70685597667&a=1069574510
https://stockcharts.com/h-sc/ui?s=VTI&p=D&yr=0&mn=6&dy=0&id=p26945411051&a=1068983392
 

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This could be the start of something very ugly.

Well, it be possible. The trend is now down and has been for several days on the VXF index. It leads often. ( Under the 3 ema on the daily) So it's time to just wait and see how this plays out. Waiting on my next buy signal. This day 7 since moving below the 3 ema on the daily. That is a ST sell for me in my trading accounts. A move below the 10 sma is a confirmed ST sell signal and I buy SDS or Hedge if I plan on holding longs.

VXF daily: The S Fund is taking a pretty big smack down today.
https://stockcharts.com/h-sc/ui?s=VXF&p=D&yr=0&mn=6&dy=0&id=p70685597667&a=1069574510
 

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"The way markets are reacting to the latest variant seems a bit overblown"

I agree..... My system is now on a sell signal, so I will just wait on the next buy signal and remain mostly in a cash position. Trading a small position of SDS and VXX today based on the data.
 
The way markets are reacting to the latest variant seems a bit overblown, but maybe all those underlying issues previously ignored are finally coming to light (crypto madness, China slowdown, tax-loss selling bubble stocks, poor market breadth).
 
SILJ daily: Moved below the 50 sma on the daily. It's on my buy list, but haven't bought shares back yet.

I sure don't like this chart.... I want to buy some SILJ once I get the next signal.

SLV (SI) Silver COT:
 

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VIX under 15ish: The pattern did repeat. We shall see where it goes next. VIX gaps up tend to fill quickly as the BTDer's and the Fed weekly 80 billionish come in fairly quickly. Who knows when that will stop.

VXF daily: Close to the S Fund, and it gaped down hard below the 50 sma on the daily. We shall see if that turns out..... One would think we will see some buyers come in quickly. Patterns that moved below the 50 sma on the daily have resulted in a move back up to the upper BB in the days ahead. We shall see if it repeats again.
 

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