Visit Website   |   Get Newsletter in your inbox   |   Subscription & Services  

OSS Nightly Indicators (Free version)


Newsletter is published Sun-Thr evenings around 10:30 pm CST

UNDERSTANDING THE CYCLE CHARTS

Instruction for reading the cycle charts and indicators. Click Here

Ideally, you want to look for a turn in the cycles and at least two of more reversal signals happening at the same time.

Comments, Insights & News

  • Cardano Becomes a Multi-Asset Blockchain With Today’s Hard Fork Click Here
  • Bitcoin Briefly Climbs Back Above $50K for First Time in Six Days Click Here
  • Oil extends losses on worry over possible supply increase from OPEC - Click Here
  • Here’s how the Purpose Bitcoin ETF differs from Grayscale’s GBTC Trust - Click Here
  • Oil Drops on Pre-OPEC Jitters of Higher Output - Click Here
  • AMC, Retailers, Healthcare IPOs: 3 Things to Watch - Click Here

Follow me at: Twitter | FaceBook | StockTwits


LINKS


For trading 3/2/2021

MAJOR
Symbol Last Chg. Chg. %
.DJI 31535.51 $603.14 1.95%
.DJT 13618.09 $286.82 2.15%
.NDX 13282.95 $373.51 2.89%
GBTC.PK 45.82 $2.62 6.06%
GLD 161.55 ($0.26) -0.16%
IWM 226.13 $7.82 3.58%
SLV 24.6 ($0.06) -0.24%
SPY 389.53 $9.17 2.41%
TLT.O 141.06 ($1.89) -1.32%
UNG 10.37 $0.05 0.48%
US500 3901.82 $90.67 2.38%
USO 40.6 ($0.71) -1.72%
UUP 24.54 $0.02 0.08%

SECTORS
Symbol Last Chg. Chg. %
RWR 91.72 $0.62 0.68%
XBI 151.64 $3.64 2.46%
XHB 63.39 $1.35 2.18%
XLB 75.4 $1.85 2.52%
XLE 49.4 $1.25 2.60%
XLF 33.31 $1.00 3.10%
XLI 92.95 $2.34 2.58%
XLK 134.81 $4.12 3.15%
XLP 63.94 $0.64 1.01%
XLU 59.61 $1.25 2.14%
XLV 114.01 $1.40 1.24%
XLY 165 $3.85 2.39%
XRT 83.34 $4.08 5.15%

CRYPTOS
Symbol Last Chg. Chg. %
BCH 499.23 $38.91 8.45%
BTC 49591 $4,291.00 9.47%
DENT 0.0012 $0.00 0.00%
DGB 0.059 $0.01 15.89%
DOGE 0.050577 $0.00 3.89%
EOS 3.693 $0.21 5.97%
ETC 10.941 $0.59 5.73%
ETH 1558.58 $138.21 9.73%
LTC 175.452 $10.19 6.17%
THETA 3.2492 $0.12 3.84%
XLM 0.4299 $0.02 6.04%
XRP 0.4478 $0.03 7.77%
ZRX 1.34132 $0.13 10.73%

FOREX
Symbol Last Chg. Chg. %
AUD/JPY 83 $0.070 0.08%
AUD/USD 0.777 $0.000 0.00%
EUR/AUD 1.5513 $0.002 0.11%
EUR/CHF 1.1026 $0.001 0.05%
EUR/GBP 0.8653 $0.000 0.03%
EUR/JPY 128.72 $0.120 0.09%
EUR/USD 1.205 $0.000 0.02%
GBP/AUD 1.7926 $0.002 0.13%
GBP/JPY 148.76 $0.170 0.11%
GBP/USD 1.3926 $0.000 0.03%
USD/CAD 1.2646 $0.000 0.00%
USD/CHF 0.915 $0.000 0.02%
USD/JPY 106.83 $0.070 0.07%



https://money.cnn.com/data/fear-and-greed/


INO Evening Markets Report (INO.COM)

DOW

The Dow closed sharply higher on Monday as manufacturing activity rallied to 2-year high signaling that the economy began picking up steam at the start of the year. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If the Dow resumes the rally off February's low into uncharted territory, upside targets hard to project. Closes below the 50-day moving average crossing at 30,891.90 would signal that a short-term top has been posted. First resistance is last-Wednesday's high crossing at 32,009.64. Second resistance is unknown. First support is the 50-day moving average crossing at 30,891.90. Second support is January's low crossing at 29,856.30.

GOLD

April gold closed lower for the fifth-day in a row on Monday as it extended the decline off January's high. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If April extends the decline off January's high, the 62% retracement level of the 2019-2020-rally crossing at $1634.70 is the next downside target. Closes above the 20-day moving average crossing at $1803.10 are needed to confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at $1803.10. Second resistance is the 50-day moving average crossing at $1846.80. First support is the 50% retracement level of the 2019-2020-rally crossing at $1725.30. Second support is the 62% retracement level of the 2019-2020-rally crossing at $1634.70.

SILVER

May silver posted an inside day with a higher close on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Multiple closes below the 50-day moving average crossing at 26.600 would confirm that a short-term top has been posted while opening the door for additional weakness near-term. If May resumes the rally off January's low, February's high crossing at 30.350 is the next upside target. First resistance is February's high crossing at 30.350. Second resistance is monthly resistance on the continuation chart crossing at 30.727. First support is the 50-day moving average crossing at 26.600. Second support is January's low crossing at 24.095.

CRUDE

April crude oil closed lower on Monday as it consolidated some of the rally off November's low. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins. Stochastics and the RSI are overbought and are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at $59.09 would signal that a short-term top has been posted. If April extends the rally off November's low, the October-2018 high crossing at $67.23 is the next upside target. First resistance is last-Thursday's high crossing at $63.81. Second resistance is the October-2018 high crossing at $67.23. First support is the 20-day moving average crossing at $59.09. Second support is the February 12th low crossing at $57.31.

NAT GAS

April Henry natural gas closed slightly higher on Monday as it consolidates some of the decline off last-Friday's high. The high-range close sets the stage for a steady to slightly higher opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 50-day moving average crossing at 2.716 would confirm a trend change while opening the door for additional weakness near-term. Closes above the 10-day moving average crossing at 2.889 would signal that a short-term low has been posted. First resistance is the 10-day moving average crossing at 2.889. Second resistance is February's high crossing at 3.060. First support is the 50-day moving average crossing at 2.716. Second support is the 62% retracement level of the December-February rally crossing at 2.596.

US DOLLAR

The March Dollar closed higher for the third day in a row on Monday as it extends the rally off last-Thursday's low. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off last-Thursday's low, February's high crossing at 91.61 is the next upside target. If March renews the decline off February's high, January's low crossing 89.16 is the next downside target. First resistance is the today's high crossing at 91.15. Second resistance is February's high crossing at 91.60. First support is last-Thursday's low crossing 89.67. Second support is January's low crossing at 89.16.

Things To Watch

  • Bo Polny says DJIA will drop to 15,000.
  • Charles Nenner is calling for a DJIA of $5000 in the latter part of 2021 or spring of 2022.
  • Mars will be in Aries from June 27th 2020 to Jan 6th 2021. Strong chance of open conflict
  • Clif High is calling for $600 Silver.




Bullish TA
642398New 52-week Highs
16852Strong Volume Gainers
19-4Bullish 50/200-day MA Crossovers
10035Bullish MACD Crossovers
20-24Oversold with an Improving RSI
458354Moved Above Upper Bollinger Band
455360Moved Above Upper Price Channel
452359Moved Above Upper Keltner Channel
349209Improving Chaikin Money Flow
565450New CCI Buy Signals
505339Parabolic SAR Buy Signals
18098Stocks in a New Uptrend (Aroon)
8431Stocks in a New Uptrend (ADX)
10773Gap Ups
32Breakaway Gap Ups
3424Runaway Gap Ups
21Island Bottoms
Bearish TA
8-9New 52-week Lows
53-62Strong Volume Decliners
15-3Bearish 50/200-day MA Crossovers
272-363Bearish MACD Crossovers
18-105Overbought with a Declining RSI
137-368Moved Below Lower Bollinger Band
107-400Moved Below Lower Price Channel
72-214Moved Below Lower Keltner Channel
109-29Declining Chaikin Money Flow
215-782New CCI Sell Signals
187-1050Parabolic SAR Sell Signals
118-138Stocks in a New Downtrend (Aroon)
63-73Stocks in a New Downtrend (ADX)
36-62Gap Downs
22Breakaway Gap Downs
1/11/1900-24Runaway Gap Downs
11Island Tops
Bullish Reversals
767Bullish Engulfing
4-6Piercing Line
3837Morning Star
39-38Bullish Harami
10Three White Soldiers
Bearish Reversals
52-23Bearish Engulfing
3-1Dark Cloud Cover
0-8Evening Star
8-35Bearish Harami
11-3Three Black Crows
Bullish P&F
2926362P&F Double Top Breakout
39048P&F Triple Top Breakout
533P&F Spread Triple Top Breakout
92978P&F Ascending Triple Top Breakout
539P&F Quadruple Top Breakout
656P&F Bearish Signal Reversal
696P&F Bear Trap
391P&F Bullish Catapult
7521P&F Bullish Triangle
41979P&F Low Pole
Bearish P&F
1417-469P&F Double Bottom Breakout
170-31P&F Triple Bottom Breakdown
24-4P&F Spread Triple Bottom Breakdown
367-144P&F Descending Triple Bottom Breakdown
30-4P&F Quadruple Bottom Breakdown
65-31P&F Bullish Signal Reversal
52-9P&F Bull Trap
16-2P&F Bearish Catapult
32-13P&F Bearish Triangle
562-156P&F High Pole
44-15P&F Long Tail Down

Last Week's Matrix

Learn More: Previous Weekly Matrix with explanation.



Number Nine Bullish
Symbol Close
Number Nine Bearish
Symbol Close
Coming US Economic Events
Monday, 01-March-2021 (EST)
9:00:00 AMJohn Williams Speaks
9:45:00 AMJohn Williams Speaks
10:00:00 AMJohn Williams Speaks
10:00:00 AMConstruction Spending
11:30:00 AM3-Month Bill Auction
11:30:00 AM6-Month Bill Auction
Tuesday, 02-March-2021 (EST)
8:55:00 AMRedbook
11:00:00 AM4-Week Bill Announcement
11:00:00 AM4-Week Bill Announcement
2:00:00 PM4-Week Bill Announcement
Wednesday, 03-March-2021 (EST)
7:00:00 AMMBA Mortgage Applications
8:15:00 AMADP Employment Report
9:45:00 AMADP Employment Report
10:00:00 AMADP Employment Report
10:30:00 AMEIA Petroleum Status Report
1:00:00 PMCharles Evans Speaks
2:00:00 PMBeige Book
6:05:00 PMRobert Kaplan Speaks
Thursday, 04-March-2021 (EST)
7:30:00 AMChallenger Job-Cut Report
8:30:00 AMJobless Claims
8:30:00 AMProductivity and Costs
10:00:00 AMFactory Orders
10:30:00 AMEIA Natural Gas Report
11:00:00 AM3-Month Bill Announcement
11:00:00 AM6-Month Bill Announcement
11:00:00 AM3-Yr Note Announcement
11:00:00 AM10-Yr Note Announcement
11:00:00 AM30-Yr Bond Announcement
11:30:00 AM4-Week Bill Auction
11:30:00 AM4-Week Bill Auction
4:30:00 PMFed Balance Sheet
Friday, 05-March-2021 (EST)
8:30:00 AMEmployment Situation
8:30:00 AMEmployment Situation
1:00:00 PMEmployment Situation
3:00:00 PMConsumer Credit

Tonight's Free Charts










Subscription Services

Get all the charts and forecasts nightly.

All services include a 2-week free trial.

OSS Indicators

Includes nightly charts and reversal signals plus Crypto and Stock trade signals

Monthly $49.95 -- Subscribe Now!

Quarterly $89.85 -- Subscribe Now!

Option Signal Service

Includes OSS INDICATORS SERVICE plus Options and Binary Options trade signals

Monthly $89.95 -- Subscribe Now!

Quarterly $179.85 -- Subscribe Now!



** SUBSCRIBER'S ONLY SECTION **

Not a subscriber?

Sign up now!

Charts, Options and high probability trade setups.

Click Here




HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.

Futures trading is complex and carries the risk of substantial losses. It is not suitable for all investors. The ability to withstand losses and to adhere to a particular trading program in spite of trading losses are material points which can adversely affect investor returns.