Tuesday, May 21, 2013

Simple Charts, Simple Question

I won't comment at all, other than to say it appears TLT's slight pullback was for accumulation, we still have the closing "ramp " period so we'll see.

I'm just going to group these according to Safety and Risk (like being long the SPY) and show different assets and a few different timeframes.

What is this telling you?

Risk...
IWM 15 min

 QQQ 1 min intraday

SPY 1 min intraday

Safety...

TLT 2 min intraday (the 1 min divergence has migrated over to the 2 min chart)

VXX 30 min

Consider the different categories, the different or same timeframes between them, what message are you getting?

No comments: