The year of 2015 brought about lots of cool things; marriage equality, water on Mars, a democracy in Myanmar, and a new Star Wars movie… but amidst all of that, one thing has remained frustratingly constant… SPY 205. As we finish the year right back where we started, our Heat Gauge has soared up to…
‘Twas the night before options were about to… oh wait, that was last week. Since then, although the gap to SPY 205 has been filled (or skipped rather), the vacuum created by the past surge in down volume has yet to be filled, but we did see a spark in form of accumulation on the…
The weather outside is frightful… well, not exactly. The HG caught a pretty big chill on Monday (-3), but coming in a day after a huge surge in volume from quadruple witching made it seem like just a shiver. So the big holiday question that remains (aside from what the heck is a white elephant…
‘Tis the season for colder days and the HG is at last starting to log more seasonable temperatures (today was a freezing -9 after yesterday’s -7). So after nearly a month of nothing but distribution, we finally see some accumulation creeping in. More is needed, however, to knock our longer term oscillator in the other direction.…
The big day is finally upon us and may the force be with you… uh, I mean may the Fed be with you, or at least on your side. It would seem that the force of the bulls has finally awoken (-7 on the HG is a rather big chill), but a -6% drop in…
The interesting thing about today’s SPY hammer (a sight for sore bulls eyes) is that even though it turned out green, the bears still managed to dish out a bit more volume distribution. This has knocked TVO into “panicky” mode… and we’re not referring to any last-minute holiday shoppers here (far too early), so we must…
Six of the first nine trading days in December brought significant levels of volume distribution to the market. And what did the other days bring? [Hint: it’s not a partridge in a pear tree.] Even though the gift giving season is underway, the bulls so far have come up empty-handed, and the way the bears…
The chill has begun (HG was -2 today), but a -14% drop in overall volume, and therefore still no accumulation, makes any gains feel somewhat bittersweet for the bulls. The big hedge funds “pump and dump” strategy has been working well to shake up average retail investors, and nail-biting among them is surely escalating before…
As you might suspect, today’s slip and slide action was accompanied by a significant boost in volume overall from Tuesday’s session. What you might not suspect is that the up/down volume ratio on SPY was evenly distributed right down the middle, so yes, Virginia, there are buyers out there. On the Nasdaq, however, down volume…
We learned in a previous post that it is indeed possible to time the market using only volume with the TVO System. But what if you’re a more active swing trader looking for higher gains or just a little more excitement? Introducing the Heat Gauge System. So how does it work and how did it come…
Trading Licks 