User: Tomb

Tomb

Location USA

Trading Instruments • Stocks

Member Since 4/28/13

Bio I am working on market timing mainly using major market indices and commodities. I trade mainly leveraged ETFs but get the trading signals from the 1X associated ETF or index. Originally I tried using mainly EWT but found it alone not to be exact enough for me to be successful. So now I use an eclectic TA approach. Patterns, candlesticks, channels, support / resistance,Fibonacci relationships all seem helpful at times. I also like various indicators esp.the RSI, MACD, and slow stochastic.  
 
I am still working most week days so unfortunately I don't get to participate much in the intraday conversation so mainly I am posting charts for folks to consider. Any feedback, suggestions, or even compliments would be greatly appreciated. I would like to especially thank Mr. Knight for creating this blog. Best to you all. Tom B

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Gold  Weekly LOG.png
Gold Weekly LOG.png
Gold: Weekly log: at a decision point?
Tomb
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Chart 2  Russell 2000 weekly log with channel.png
Chart 2 Russell 2000 weekly log with channel.png
Here is the second chart. Posting two charts that suggest to me that this would be an excellent time for the Russ...
Tomb
Chart1   Russell 2000 weekly and daily log.png
Chart1 Russell 2000 weekly and daily log.png
Posting two charts that suggest to me that this would be an excellent time for the Russell 2000 to reverse. Also s...
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XLF DAILY LOG.png
XLF DAILY LOG.png
This bear is still holding on. (at least for a little while longer). Here is a chart of XLF in where a down trend...
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wti daily log.png
wti daily log.png
USOIL: looks like a good set up for "kiss and run" (up). Strong up day right at the longer term down trend line.
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Gold Linear Daily.png
Gold Linear Daily.png
Gold: would not be surprised to see some correction here. Dink suggested I try some channels with non log charts....
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SPX Monthly.png
SPX Monthly.png
SPX Montly LOG: Bullish of Bearish?? For the bulls: 1. Very long term trend UP. 2 Intermediate term trend UP...
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QQQ weekly and daily log.png
QQQ weekly and daily log.png
One more effort to cheer Tim up: QQQ shows relationships which to me suggest a major turn may happen soon. I see...
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IWM Daily LOG.png
IWM Daily LOG.png
Here is my current view of the small caps. The weekly chart (not shown) has developed a negative reversal in the R...
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FXB British Pound Weekly log.png
FXB British Pound Weekly log.png
I don't trade the currencies the way some of you do. So I am sure you have a much better way to trade this. But ju...
Tomb
S& P 500 futures.png
S& P 500 futures.png
S&P 500: Still hope for the bears? I have been thinking the price action in the major US indices looked like kind...
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Update on financials  XLF.png
Update on financials XLF.png
2 months ago I posted on XLF suggesting the top was likely in (see previous post). As I review the price action is m...
Tomb
Weekly canles suggest more downside ahead.png
Weekly canles suggest more downside ahead.png
Notice the weekly candle formation for some of the major indices. This is also my current view of what I see as a...
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Lumber.png
Lumber.png
Lumber breaks down again. This is a chart I have been posting since 2014. This time I added homebuilders and rea...
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DXY projected target.png
DXY projected target.png
2 weeks ago I suggested the DXY was about to fall (see previous post). I thought at that time the point".b" would st...
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