Fibozachi's blog

A Detailed Technical update of the BKX Bank-Index, Crude Oil, Gold, US Dollar, Google, NASDAQ Composite, S&P Cash and DJIA Cash

A Detailed Technical look at the DXY / US Dollar Index on the 34-minute, 55-minute, 89-minute, 144-minute, daily, weekly and monthly time-frames.

A Detailed Technical update of the DJIA Cash, S&P Cash, Gold Futures, US Dollar Index and Goldman Sachs

Simultaneous bearish signals registered across Market Internals (TICK, VOLD, ADD, VIX) at exactly 3:27 pm, which directly presaged 5 increasingly greater TICK lod readings that registered over the next 30 minutes; demonstrating an overwhelming desire to sell by market participants. Today’s bearish instance is a perfect exemplar of a practical nuance within technical analysis and just one of many which successful traders effectively employ on a daily basis.

In light of an especially noteworthy Full Moon, both gold bugs and those who are particularly 'in tune' with the waves of collective social mood (akin to social tuning forks) ought to remain extra cranky for an additional few days. 02:28:xx, Wednesday morning (12.2.09), marked a Full Moon; we at Fibozachi always reference time in EST, which is universal 'market time' while everything else is just ‘noise,’ though apparently there is something other than just dead 401(k) money scattered across mutual fund sub-accounts domiciled in Manhattan/ Boston (equities), Chicago (commodities) and Newport Beach (bonds).

A Detailed Technical Update of the S&P cash, S&P futures, DJIA cash, Gold futures, the VIX and the US Dollar Index ... as well as a look into the "Crown Jewel" of Dubai

An updated snapshot that highlights how the six primary US equity indices have performed relative to each other since their March lows via a percent change chart in addition to a weekly, daily and hourly technical outlook

Technical Profiles of Gold vs Silver, the US Dollar vs Gold and the US Dollar with highlights from an interview with the winner of the 2008 Automated Trading Championship

Technical Profiles of 8 Key Stocks: AIG, BIDU, CAT, CELG, DRYS, IBM, GS, SKF

In this piece, we compare the relative performance of the 6 primary domestic equity markets, highlight extraordinary Fibonacci cycles on the VIX, illustrate possible dueling Head & Shoulders patterns between the S&P 500 and the VIX and address the current technical profile of the US Dollar

... the 'fixed period drop-off effect,' the differences between moving average methodologies, the true nature of the term “fractal” as applied to the structural composition of trading systems, the 'four basic qualities of great technical indicators' and a practical nuance within stochastic calculus that can help you anticipate what others are about to think.

In our latest piece (within a series of analyses that detail both the technical and fundamental landscapes of gold, silver, copper, oil, the CRB (Commodity Index), the US Dollar, the EURO and the remaining major currencies of the G8 in relation to one another), we at Fibozachi present an initial look into the technical composition of gold.

Over the course of the next two weeks, we at Fibozachi will present a series of analyses that detail both the technical and fundamental landscapes of gold, silver, copper, oil, the CRB (Commodity Index), the US Dollar, the EURO and the remaining major currencies of the G8 (the “Group of Eight”) in relation to one another. After examining Freeport-McMoRan (FCX) yesterday, and to presage the bulk of our upcoming series, today we present an initial look into the technical composition of silver.

We thought it is as good a time as ever to turn our attention back towards the hedge fund hot potato that is Freeport-McMoRan (FCX). Unfortunately, for longs, the technical picture appears to be rapidly deteriorating, developing an increasingly bearish profile ... this powder keg becomes especially apparent when viewed alongside an extremely high institutional sponsorship ratio of 79.8% ...

Well … the third time certainly proved to be the charm. After yesterday’s anticipated bounce filled an open gap at 1060.25 on the S&P futures (ESZ09) in response to an insanely oversold McClellan Oscillator reading of -381.49, the markets appear to be resuming their impulsively downward voyage back to reality; today’s internals registered even more bearish readings than Wednesday’s, which is an extremely negative omen for the future outlook of the markets. While the TICK did not register a reading that surpassed -1400 today (intra-day low of -1396), we did witness the VOLD relentlessly plunge to a new extreme closing low of -1,408,903, which now marks the lowest closing low since that of 9/02/09.