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OSS Nightly Indicators (Free version)


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.

OF INTEREST

  • Here’s what traders expect after Bitcoin price rallied to $13,217 Click Here
  • Pomp says US digital dollar needs to happen now Click Here
  • PayPal to soon be including crypto assets Click Here
  • Pro traders added to shorts as Bitcoin price broke $12K, data shows Click Here
  • William Stickevers talks about the coming war with China Click Here
  • The last four Bitcoin trades using the 5-day cycle: 2.62%, -1.18%, 8.92%, 2.75% Get your buy and sell signals here Click Here
  • Bitcoin’s brief trip to $13.2K suggests profit-taking price correction Click Here

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For trading 10/23/2020

MAJOR
Symbol Last Chg. Chg. %
.DJI 28363.66 $152.84 0.54%
.DJT 11748.55 $23.53 0.20%
.NDX 11662.91 ($2.45) -0.02%
GBTC.PK 14.62 $0.33 2.31%
GLD 178.82 ($1.78) -0.99%
IWM 162.14 $2.76 1.73%
SLV 22.96 ($0.33) -1.42%
SPY 344.63 $1.90 0.55%
TLT.O 157.05 ($1.65) -1.04%
UNG 12.38 ($0.26) -2.02%
US500 3453.49 $17.93 0.52%
USO 28.5 $0.40 1.42%
UUP 25.09 $0.09 0.36%

SECTORS
Symbol Last Chg. Chg. %
RWR 79.83 $0.99 1.26%
XBI 117.15 $3.20 2.81%
XHB 54.95 ($0.53) -0.96%
XLB 65.74 $0.34 0.52%
XLE 30.53 $1.20 4.09%
XLF 25.16 $0.48 1.94%
XLI 80.83 $0.64 0.80%
XLK 118.63 ($0.50) -0.42%
XLP 65.25 ($0.05) -0.08%
XLU 64.58 $0.91 1.43%
XLV 107.44 $1.62 1.53%
XLY 151.66 $0.31 0.20%
XRT 53.93 $0.49 0.92%

CRYPTOS
Symbol Last Chg. Chg. %
BCH 270.61 $11.13 4.29%
BTC 13103 $177.00 1.37%
DASH 75.16 ($0.16) -0.21%
DENT 0.0012 $0.00 0.00%
DGB 0.022967 $0.00 7.54%
EMC 0.0395 $0.00 1.18%
EOS 2.677 $0.05 1.98%
ETC 5.651 $0.40 7.70%
ETH 416.88 $22.58 5.73%
LTC 54.625 $1.10 2.06%
OMG 3.4677 $0.13 3.96%
THETA 0.6512 $0.00 -0.28%
XRP 0.2617 $0.01 3.44%

FOREX
Symbol Last Chg. Chg. %
AUD/JPY 74.65 $0.040 0.06%
AUD/USD 0.7119 $0.000 0.05%
EUR/AUD 1.661 $0.001 0.06%
EUR/CHF 1.0728 $0.001 0.11%
EUR/GBP 0.9039 $0.001 0.10%
EUR/JPY 123.99 $0.120 0.09%
EUR/USD 1.1823 $0.001 0.06%
GBP/AUD 1.8377 $0.000 0.01%
GBP/JPY 137.17 $0.040 0.03%
GBP/USD 1.3081 $0.000 0.00%
USD/CAD 1.3134 $0.000 0.01%
USD/CHF 0.9074 $0.001 0.06%
USD/JPY 104.87 $0.040 0.04%



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


INO Evening Markets Report (INO.COM)

DOW

The Dow closed higher on Thursday due to gains in JP-Morgan Chase and Boeing stocks. Additional support came from news that Speaker of the House, Nancy Pelosi raised hopes for coronavirus relief package. Signs of an improving labor market came from the weekly jobless claims data that showed 787,000 people filed for unemployment benefits in the week of Oct. 17, which was lower than the 875,000 analysts expected but still historically high. Jobless claims fell to 8.3 million, versus the 9.6 million expected. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices remain possible near-term. Closes below the 50-day moving average crossing at 28,012.72 would signal that a short-term top has been posted. If the Dow renews the rally off September's low, September's high crossing at 29,199.35 is the next upside target. First resistance is October's high crossing at 28,957.90. Second resistance is September's high crossing at 29,199.35. First support is the 50-day moving average crossing at 28,012.72. Second support is the 25% retracement level of the March-September-rally crossing at 26,464.30.

GOLD

December gold closed lower on Thursday. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If December renews the decline off August's high, the 38% retracement level of the March-August-rally crossing at $1771.40 is the next downside target. Closes above the 50-day moving average crossing at $1930.30 would confirm that a short-term low has been posted. First resistance is the 50-day moving average crossing at $1930.30. Second resistance is the September 16th high crossing at $1983.80. First support is the reaction low crossing at $1877.10. Second support is the September 24th low crossing at $1851.00.

SILVER

December silver closed lower on Thursday. The mid-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If December renews the rally off September's low, the 50-day moving average crossing at 25.817 is the next upside target. Closes below October's low crossing at 22.965 would confirm that a short-term top has been posted. First resistance is the 50-day moving average crossing at 25.817. Second resistance is the September 15th high crossing at 27.865. First support is October's low crossing at 22.965. Second support is September's low crossing at 21.810.

CRUDE

November crude oil closed higher on Thursday due to signs of economic recovery and progress on a U.S. aid package. The high-range close sets the stage for a steady to higher opening when Friday's night session begins. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the September 18th high crossing at $41.72 would open the door for additional gains near-term. Closes below the October 12th low crossing at $39.04 would confirm that a short-term top has been posted. First resistance is the September 18th high crossing at $41.72. Second resistance is August's high crossing at $43.78. First support is the October 12th low crossing at $39.04. Second support is September's low crossing at $36.58.

NAT GAS

November Henry natural gas closed lower due to profit taking on Thursday as it consolidated some of this week's gains. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If November extends the rally off October's low, monthly resistance marked by the May-2016 high crossing at 3.177 is the next upside target. Closes below the 20-day moving average crossing at 2.708 would confirm that a short-term top has been posted. First resistance is today's high crossing at 3.066. Second resistance is the May-2016 high crossing at 3.177. First support is the 20-day moving average crossing at 2.825. Second support is the 20-day moving average crossing at 2.708.

US DOLLAR

The December Dollar posted an inside day with a higher close on Thursday as it consolidated some of this week's losses. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are oversold, diverging but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If December extends the decline off September's high, September's low crossing at 91.75 is the next downside target. Closes above the 20-day moving average crossing at 93.59 would signal that a short-term low has been posted. First resistance is the 25% retracement level of the March-September-decline crossing at 94.72. Second resistance is the 38% retracement level of the March-September-decline crossing at 96.33. First support is Wednesday's low crossing at 92.46. Second support is September's low crossing at 91.75.

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
  • Charles Nenner expects a return of the virus in Oct. It should be much worse this time. Perhaps it will be a new virus.


Nightly News

  • Senate Demands Hunter Biden Turn Over Bank Records Wire Transfers Account Balances And Travel Records "Related to business in Romania, China, Russia, Kazakhstan, Ukraine, Czech Republic, or any other countries..." Click Here
  • Armenia Launches Ballistic Missiles On Azerbaijan Amid Retreat In Nagorno-Karabakh Region Meanwhile, Turkey’s Vice President Fuat Oktay repeated an earlier claim of the Turkish leadership that his country is ready to openly send its forces to support Azerbaijan if needed. Click Here
  • Huawei "Outhustles Trump" By Successfully Stockpiling Enough Chips For 5G Rollout Took advantage of tight window to stockpile millions of units... Click Here
  • China Blasts US As "Empire Of Hacking" After Damning NSA Report Spotlights Beijing "How ironic that the main actor in PRISM and the largest cybertheft agency in the world is criticizing others for cybertheft." Click Here
  • Why Crude-Tanker Collapse Could Be Long And Painful The massive floating storage volumes that built up earlier this year are unloading. But very, very slowly. In aggregate, they’re dripping out. Meanwhile, oil demand is growing, but again, very slowly. Incremental oil demand is a trickle, not a flood. Click Here
  • How Total Spend by U.S. Advertisers Has Changed, Over 20 Years Much of the top 10 biggest advertising spenders are in the telecommunications industry, but it is retail giant Amazon that tops the list with an advertising spend of almost $7 billion. Click Here
  • Iran To Import North Korean Missiles In 25-Year Military Deal With China ...this military component may now also feature the deployment in Iran of North Korean weaponry and technology, in exchange for oil... Click Here
  • In Shock Presser, Hunter's Ex-Biz Partner Speaks; Says Turning Over "All Evidence To FBI" And what's this about a $5 million Chinese loan? Click Here
  • Walmart's Redesigned Airport-Style Stores Will Track Everyone What have corporations learned from the post 9/11 era? Apparently a lot... Click Here
  • Russia Gives Edward Snowden Permanent Residency & 'Path To Citizenship' His lawyer expressly denied that Snowden would ultimately pursue citizenship. Click Here
  • There Are Decades When Nothing Happens, And Weeks Where Decades Happen The ongoing economic transformation serves to make many assets obsolete and to devalue the debt held against those assets... Click Here
  • FDA Approves Gilead's Remdesivir To Treat COVID-19 Despite Data Showing Drug Doesn't Work The FDA first granted the drug emergency authorization in May, allowing hospitals and doctors to use the drug even though by all accounts it wasn't that widely used. Click Here
  • "Bias, Hatred, & Rudeness" - Trump Posts Full Raw '60 Minutes' Interview, Then Posts Pence's "Look at the bias, hatred and rudeness on behalf of 60 Minutes and CBS." Click Here

Bullish TA
191-32New 52-week Highs
151-28Strong Volume Gainers
296Bullish 50/200-day MA Crossovers
140-3Bullish MACD Crossovers
126Oversold with an Improving RSI
31587Moved Above Upper Bollinger Band
527231Moved Above Upper Price Channel
327146Moved Above Upper Keltner Channel
22953Improving Chaikin Money Flow
46278New CCI Buy Signals
31291Parabolic SAR Buy Signals
350106Stocks in a New Uptrend (Aroon)
8725Stocks in a New Uptrend (ADX)
51-14Gap Ups
71Breakaway Gap Ups
17-8Runaway Gap Ups
0-1Island Bottoms
Bearish TA
45-4New 52-week Lows
800Strong Volume Decliners
233Bearish 50/200-day MA Crossovers
360-211Bearish MACD Crossovers
26-23Overbought with a Declining RSI
195-30Moved Below Lower Bollinger Band
174-72Moved Below Lower Price Channel
1194Moved Below Lower Keltner Channel
96-18Declining Chaikin Money Flow
392-32New CCI Sell Signals
574-170Parabolic SAR Sell Signals
141-38Stocks in a New Downtrend (Aroon)
556Stocks in a New Downtrend (ADX)
576Gap Downs
41Breakaway Gap Downs
1/13/19001Runaway Gap Downs
22Island Tops
Bullish Reversals
199139Bullish Engulfing
1611Piercing Line
0-3Morning Star
3628Bullish Harami
41Three White Soldiers
Bearish Reversals
52-88Bearish Engulfing
6-7Dark Cloud Cover
0-7Evening Star
28-10Bearish Harami
10-24Three Black Crows
Bullish P&F
184721P&F Double Top Breakout
212-7P&F Triple Top Breakout
280P&F Spread Triple Top Breakout
549-12P&F Ascending Triple Top Breakout
20-4P&F Quadruple Top Breakout
593P&F Bearish Signal Reversal
51-3P&F Bear Trap
18-5P&F Bullish Catapult
447P&F Bullish Triangle
498-33P&F Low Pole
Bearish P&F
168863P&F Double Bottom Breakout
23111P&F Triple Bottom Breakdown
322P&F Spread Triple Bottom Breakdown
45424P&F Descending Triple Bottom Breakdown
292P&F Quadruple Bottom Breakdown
726P&F Bullish Signal Reversal
633P&F Bull Trap
171P&F Bearish Catapult
462P&F Bearish Triangle
4860P&F High Pole
36-1P&F Long Tail Down

Last Week's Matrix

Learn More: Previous Weekly Matrix with explanation.



Number Nine Bullish
Symbol Close
$AUDCAD $0.93
PLCE $27.68
SPG $66.35
T $28.28
Number Nine Bearish
Symbol Close
CMG $1,300.29
FDX $275.95
RACE $190.10
TIF $122.65

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Coming US Economic Events
0.354166666666667
10:00:00 AMExisting Home Sales
10:00:00 AMLeading Indicators
10:30:00 AMEIA Natural Gas Report
11:00:00 AMKansas City Fed Manufacturing Index
11:00:00 AM3-Month Bill Announcement
11:00:00 AM6-Month Bill Announcement
11:00:00 AM2-Yr FRN Note Announcement
11:00:00 AM2-Yr Note Announcement
11:00:00 AM5-Yr Note Announcement
11:00:00 AM7-Yr Note Announcement
11:30:00 AM4-Week Bill Auction
11:30:00 AM4-Week Bill Auction
1:00:00 PM5-Yr TIPS Auction
4:30:00 PMFed Balance Sheet
4:30:00 PMMoney Supply
Friday, 23-October-2020 (EST)
9:45:00 AMMoney Supply
1:00:00 PMMoney Supply
Monday, 26-October-2020 (EST)
8:30:00 AMChicago Fed National Activity Index
10:00:00 AMNew Home Sales
10:30:00 AMNew Home Sales
11:30:00 AM3-Month Bill Auction
11:30:00 AM6-Month Bill Auction
Tuesday, 27-October-2020 (EST)
8:30:00 AMDurable Goods Orders
8:55:00 AMRedbook
9:00:00 AMRedbook
9:00:00 AMFHFA House Price Index
10:00:00 AMConsumer Confidence
10:00:00 AMRichmond Fed Manufacturing Index
11:00:00 AM4-Week Bill Announcement
11:00:00 AM4-Week Bill Announcement
1:00:00 PM2-Yr Note Auction
Wednesday, 28-October-2020 (EST)
7:00:00 AMMBA Mortgage Applications
8:30:00 AMMBA Mortgage Applications
8:30:00 AMMBA Mortgage Applications
8:30:00 AMMBA Mortgage Applications
10:00:00 AMState Street Investor Confidence Index
10:30:00 AMEIA Petroleum Status Report
11:00:00 AMEIA Petroleum Status Report
11:30:00 AM2-Yr FRN Note Auction
1:00:00 PM5-Yr Note Auction

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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.