A Powerful, Market Bias Indicator ...

By: Marty Chenard | Wed, Oct 9, 2013
Print Email

It is Courtesy Day, so we are posting one of our daily subscriber charts. Today's chart is part of our Multi-Indicator Model for paid subscribers.

The upper part of the chart shows our bias indicator for the Volatility Index (VIX), and the bottom part shows the NYA Index. Note the (fast) thin red indicator on the upper graph. Whenever it rises above its blue horizontal line and there is a cross-over on the thick red and blue trend lines, then that is a trigger for up movement in the market.

Last week, the indicator was rolling over, and as you can see it continued on its down path with the market joining in. This is supporting the fact that Options Money flows are a reflection of some pretty sophisticated knowledge about what will happen in the market within the next 30 days.

(Note the blue arrows: When the fast red line is above the blue horizontal signal line, and at the red/blue trend line cross-over, then ... Together, these two indicate when there is a new upside shift in the market. As you can see, there is still work to be done at this time for any sustainable up move.)

Also note that the faster, thin red line was butting up against the edge of the solid red line yesterday, so that keeps the door open for Boehner to not shut the government down today. So, this (proprietary) Indicator has been doing a good job of telling where the markets are going.

VIX Timing Indicator Chart

 


 

Marty Chenard

Author: Marty Chenard

Marty Chenard
StockTiming.com
Asheville, NC 28805
Tel: 828-296-1200

Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he was out of the market two weeks before the 1987 Crash in the most recent Bear Market he faxed his Members in March 2000 telling them all to SELL. He is an advanced technical analyst and not an investment advisor, nor a securities broker.

StockTiming.com is dedicated to Stock Market Investors who want the best information on stock charts, stock market trends, stock market timing and technical analysis.

Be My Guest and Take Advantage of Our Free Membership ... Get a Free Membership to StockTiming.com ... Youll receive important daily messages before the market opens and direct links to todays important web pages. Information and messages that are often not posted on our website. There is no obligation or expectation on our part ... it is just our way of proving our accuracy and timing expertise to you. Please click here for your Free Membership.

Copyright © 2006-2017 Marty Chenard

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com