The U.S. Dollar Unhinges from Fed Rate Expectations

To-date, I have been using the 30-Day Fed fund futures as a valuable tool for determining likely (short-term) trading direction for the U.S. dollar index (DXY0). However, since the last Federal Reserve decision on monetary policy on July 27, 2016, these futures have exhibited a lot of volatility and thus a lot of noise (assuming … Read more

How Brexit’s Collective Call to Caution Became A Chorus Of Opportunity

The referendum that punted the UK out of the European Union (EU), “Brexit”, is practically a forgotten memory for most people outside of Europe. For example, the aftermath of this vote now looks like an event that quickly shook out the most eager sellers in the stock market and thus paved a course for a … Read more

T2108 Update (August 3, 2016) – Waiting On Bears to Follow-Through

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more

T2108 Update (August 2, 2016) – From Bearish Divergence to Breakdown

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more

T2108 Update (August 1, 2016) – A Widening Bearish Divergence As Overbought Conditions End Again

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more