I want to add another short to our portfolio since we traded out of G today for a couple of percentage points. {{{Gold}}}The rest of this article is available to premium members only.Login or Register Powered by wordpress membership plugin MemberWing-X Supported by: seo expert from MENSK, Love and Relationships Forum, Dog Raincoats
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![10 Day highs minus Lows go neutral.. waiting for a break $study [chart]](http://redliontrader.com/wp-content/uploads/10Dayhighsmin.waitingforabreakstudychart_1109A/image_thumb.png)
Score:0 Neutral for Tuesday’s action. Everyone is scrambling looking for an edge or confirmation on positions they hold. Momentum for 10 DHL is positive. That is a slightly bullish. Video: How to interpret 10 Day Highs minus Lows Download: StockFinder 5.0 10 DHL code Follow me on twitter: @redliontrader
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![40 DMA % Index.. mixed bag tonight.. $study [Chart]](http://redliontrader.com/wp-content/uploads/40DMAIndex..mixedbagtonight.studyChart_FFFC/image_thumb.png)
Score: –2 The 40 DPI remains below it’s 20 day moving average which demarks the bull/bear line. The Nasdaq and Rut2000 however, moved up putting those two indexes into neutral columns and the leaving the loan bear score to the NYSE. Still in a sideways market waiting for the market to...
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China’s PMI data is the same scoring system as the Chicago PMI that was released earlier today. A score above 50 represents expansion below 50, contraction. Last release on July 31st we had a score of 51.2 which represented a slow down from the previous quarter. Expectations for this month is anything...
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![52 week new highs stay bullish and a divergence on the bull side is still in play $study [chart]](http://redliontrader.com/wp-content/uploads/52weeknewhighsstaybullishandadivergenceo_F6B3/image_thumb.png)
Score: +2 Tuesday, the market still refused to breakout one way or another giving us another day stuck sideways. NYSE, read safety, show estrength as the riskier Nasdaq and RUT 2000 were weaker. They still showed a 5 day which remains a bullish divergence since we are at lower prices than 5 days ago....
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A minor revision of !RL_Name was released today. The new version allows for the custom setting of text color for the applied name. The new indicator can be downloaded for free from: http://www.redliontrader.com/indicators-3/rl_name-text-naming-indicatorutility/
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The dollar is still not able to break out of that 83.50 area to the upside which should mark a march up to the $87 area. A failure in here will send the dollar back to the $80 area. Markets were weak Monday night, and a meltdown this week of the US stock...
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Yesterday we had a down volume to up volume ratio of greater than 9:1. In addition we had a low volume day. Most extreme up/down volume ratio days are marked with good volume, yesterday’s was not. In fact yesterday’s volume was the lowest for the 5 trading days. This trade is based...
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A reminder for our early bird special. This is the time to renew to lock in low rates all the way through to Dec 2011. After Labor Day prices will be increasing. $50/week starting starting Monday. If you have any question please feel free to ask in the room or email red at marlin@redliontrader.com...
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Good morning I was half way through my morning post and the power just went out again. Those in the trading room have heard my power gripes all summer long. I have to get the UPS fixed. So a rewrite to the point: Point is we did not get rewarded for...
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