Stan Ehrlich started in the Futures industry in 1971. In 1978 he invented the Ehrlich Cycle Finder™, a universal technical analysis tool. Stan brokered for famous market analysts, including Robert Prechter, the Elliot Wave Theorist, Jake Bernstein, Beatrice Foods Corp. President of Solid Gold Financial Services Inc., a Futures Commission Merchant, Commodity Trading Advisor, Commodity Pool Operator, Forex Dealer Member. Quoted in may financial papers, magazines, interviewed on CNBC, a member of AAPTA, American Association of Professional Technical Analysts, TSAASF Technical Security Analyst Association of San Francisco, lectured at 150 technical analysis and Trading seminars worldwide for Reuters, Dow Jones Telerate, Futures Magazine, TradeStation™, AAII, International Federation of Technical Analysts, TSAASF Technical Security Analyst Association of San Francisco, and more. He is currently developing automated trading software, the “ER Signals” Ehrlich Reversal trading strategy.
Slow down, again, Sparkie. Your RSI may be screaming but another day or so here and the S&P will be re-embedded bullish, meaning any dips will be bought - again - until they ain't. Didn't anybody ever tell you about the Fat Lady?
Okay Sparkie - you've got your de-embedded NDX stochastic - both lines - as of today. Provided neither line recovers back up over 80 tomorrow then you can start partying. I did squeeze out a profitable short trade on the /MNQ overnight - couldn't help being a little Sparkie on that early short. Gold short was the real dealio today.
Slow down Sparky = Neither the SPX nor the NDX have de-embedded - thus the pullback remains a buy. Patience. It ain't over till the fat lady sings AND throws your stuff out the window.
Slow down, Sparkie. The NDX, and the SPX for that matter, must de-embed before we can consider any kind of sell signal. Until these indices de-embed from their stochastic bullish stance, pullbacks should be considered buying opportunities. That said, this is a logically significant pivot level since the recent top corresponds with a key Fib extension level.
Stan's on probation here. He's been afflicted with the ziggy-zags and until he recovers, we have to do the opposite of what he thinks. Rule #1: Trade what you see, not what you think.
One way to put it! I think me house arrest is over as of today, 6-20. Don't do the opposite of what i have been incorrect calling, because that may cause you to do exactly the wrong thing at the wrong time.
@@ERSignals The NDX is embedded bullish and this pullback will be considered a buying opportunity unless and until it de-embeds on the daily and it's got a ways to go before doing that on the daily chart. That said, the 4-hour chart has de-embedded, which has occurred once a week all through this melt-up. My stop has been raised nevertheless, because the recent top coincides with a 100% fib extension mark.
Well first time I've seen one of your videos. I believe we're at 44% bullish right now. As I understand it, anything above 42% is a bullish market. We're just getting more buy than sells across the markets.. I foresee a bullish market for the near future, but hey, it's all guessing until we get enough information not to be. Energy is the driver right now. Invest in energy. Just my opinion. Good luck to you!
Will you PLEASE find a setting that clearly shows the ticker of the chart you are discussing - just for reference. There are many ways to do this, including a watermark in the background. The problem used to be your low def uploads but now the ticker is blocked out by RU-vid's repetition of the video title. This is nuts!
Hey Stan! Love the updates. Was wondering where we can find the ER RSI Signals indicator? Is it possible that it could also be implemented into tradingview (charting platform). Thanks :)
I still think you may be a bit confused as to Treasuries and suggest you spend more time in that realm since they drive everything. Also, I suggest you either download HD or else repeat the security/product you are discussing a couple of times. Your sub-par download quality often makes it impossible to read the instrument in the upper left corner.
You seem to spend the least time on what most folks would consider the most important and all would consider the most heavily and widely traded: Bills, Note and Bonds = US Treasuries
Good comment. I try to spend time on new ERSignals, current chart features that tend to tell me what should happen next, and ERSignals that may still be in play. Thanks. Not necessarily the most popular.
Confused as to your position on bonds and or notes. You have used the term bond/note prices and yields interchangeably when they are basically inversely related. Which is it specifically? Do you see the /ZN rising or falling - that would be the note price. Do you see the /10Y rising or falling - that would be the ten-year yield. Clarity is essential for anyone wanting to be taken seriously.
Your right, I was not paying attention. Based on the chart movements etc. I try to forecast whether the chart is going up or down. if that is price, value, yield, or rates is not important to me. You know, I don't care. Although I know up means lower rates. Thanks
