Market Breadth Data******************************

Thursday, November 08, 2018

SPX Buying Pressure

Buying pressure has reached peak levels just before the FED announcement on interest rates:










At the current rate it will need 4 days to get oversold again.

Monday, November 05, 2018

Weekly Targets for SPX, Gold, Oil and G6

The weekly targets are available here

SPX direction to be determined by a break outside of Friday's range:


Saturday, October 20, 2018

SPX Pattern and Trend

Using the SPY as an example, whenever there was a sell-off this year, the first swing low was followed by a lower low before the uptrend continued:


Wednesday, October 17, 2018

Friday, October 12, 2018

Market Breadth

For the third time this year market breadth fell to extreme oversold levels:











NDX is the first to exhibit cautionary signs of strength.

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