.png)
Since daily FGIC reached its latest top at +11 in mid-December, S&P500 has gained an additional 7%, while FGIC is now at the lower end of its extreme greed zone.
.png)
FGCI is back, once again, in greed readings. We are 268 days away from the extreme fear readings in May 2020. Reviewing the five years of data I collected, the longest period of fearlessness was in 2016-2017 when FGIC spent 290 days above fear readings. Comparing the two periods we see that in 2017 the price was steadily rising with high directionality and low volatility. In the past year, to the contrary, prices have been rising with much higher volatility. In both periods, the pullbacks of FGIC indicated the resilience of the market.
.png)
We’re happy to announce that the recording of our latest Password class taught by Alex “Capitalization-based NH-NL” is now in Video Vault.To view this recording and its PDF please click on the Education tab – click on Video Vault – click on Password folder. Free access for all Members (including Trials) until February 8, 2021. Please see details below…Our Password course consists of intensive sessions, at approximately one-month intervals, focusing on key trading techniques. Each session lasts about one hour, including a carefully prepared presentation and Q&A with Members. Alex and Kerry take turns teaching Password classes.
.png)
Our Password course consists of intensive sessions, at approximately one-month intervals, focusing on key trading techniques. Each session lasts about an hour, including a carefully prepared presentation and Q&A. Alex and Kerry take turns teaching Password classes for Members. Our latest class was taught by Kerry – details below.Now until February 8, 2021 you can view this recording and its PDF (price $50) free with a Trial membership (www.spiketrade.com). Once you are in – click on the Video Vault (on the Education tab) and open the Password folder.
.png)
"Not quite a false breakout on the $NDX, but good enough for a double top for me, with 3 clear divergences. Possibly adds weight to your argument that the $SPX rally is tired?" – writes Rob G from Australia
We’re happy to announce that the recording of our latest Password class taught by Alex “Capitalization-based NH-NL” is now in Video Vault.To view this recording and its PDF please click on the Education tab – click on Video Vault – click on Password folder. Free access for all Members (including Trials) until February 8, 2021. Please see details below…Our Password course consists of intensive sessions, at approximately one-month intervals, focusing on key trading techniques. Each session lasts about one hour, including a carefully prepared presentation and Q&A with Members. Alex and Kerry take turns teaching Password classes.
Our Password course consists of intensive sessions, at approximately one-month intervals, focusing on key trading techniques. Each session lasts about an hour, including a carefully prepared presentation and Q&A. Alex and Kerry take turns teaching Password classes for Members. Our latest class was taught by Kerry – details below.Now until February 8, 2021 you can view this recording and its PDF (price $50) free with a Trial membership (www.spiketrade.com). Once you are in – click on the Video Vault (on the Education tab) and open the Password folder.
.png)
Thursday’s weak Spike Bounce signal was triggered with FGIC in the positive zone (+4). Following the selloff on the last three days of the week, FGIC sank into neutral zone at +2.
We’re happy to announce that the recording of our latest Password class taught by Alex “Capitalization-based NH-NL” is now in Video Vault.To view this recording and its PDF please click on the Education tab – click on Video Vault – click on Password folder. Free access for all Members (including Trials) until February 8, 2021. Please see details below…Our Password course consists of intensive sessions, at approximately one-month intervals, focusing on key trading techniques. Each session lasts about one hour, including a carefully prepared presentation and Q&A with Members. Alex and Kerry take turns teaching Password classes.
.png)
Recently in the SpikeTrade blog, Simeon B. and I have been exchanging ideas about the impact of the dollar’s decline and the potential shift toward commodities and real assets. Based on this analysis, silver seems a likely trading vehicle.