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

Wednesday, September 18, 2019

SPY Vix Model

The daily and weekly SPY Vix model remains on a buy signal:

Market breadth has reached oversold levels:

The key SPX levels to keep an eye on are 2977 and 3023

Saturday, August 31, 2019

SPX Targets

For the fourth week in a row, the SPX remained neutral, trapped between support/resistance zones:

The daily market breadth readings are also neutral:

Monday, August 19, 2019

SPX Outlook

SPX starting the week sandwiched between support at the Pivot Line and resistance at the top of the Neutral zone:

Daily market breadth reached oversold levels last Thursday and started an immediate rebound:

The average overbought/oversold cycle is 5 days:

Sunday, August 04, 2019

SPX 2019 Target Update

SPX finished the week at an important juncture -- the top of the neutral zone:

Market breadth is getting oversold, setting the stage for the next sideways/up phase:

Sunday, July 21, 2019

SPX Weekly Targets

Powell's put is being tested again:

While daily market breadth is getting oversold:

The weekly SPX remains above the breakout zone but is testing pivot line support:

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