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

Thursday, December 27, 2007

A quick year-end update to revisit our star athlete,
and take a look at his continued performance:



And a Bingo! is in order for the
Gold and Euro forecasts posted last week.



Thursday, December 20, 2007

Merry Christmas
and
Happy New Year !!!


Now is a good time to review the 2007 forecast posted in December 2006,and to focus on some of the particulars.





A detailed forecast for 2008 will be available here soon.




Wednesday, December 19, 2007


Both Gold and Fxe point to a CIT on December 21st.

Tuesday, December 18, 2007


Tonight's chart may seem a little bit too busy,
but that's because it's a combination of the charts
posted during the last few days.

Interestingly, 1470 is an important level both for the futures and the cash market.

Bulls should aim first for 1471 or better,
while 1452 is the magic number for the bears.

Monday, December 17, 2007


Today was another trip to the bottom of the abyss,
hitting some key levels in the process.


A sneak-peek at 2008.

Saturday, December 15, 2007

Well, maybe the answer to yesterday's question
could be found in the chart itself.

Friday, December 14, 2007


Will this speed bump be enough to derail the car?
That is the question.

Thursday, December 13, 2007


The SPX remains in the channel while getting oversold.

Caution: speed bump right ahead.

Wednesday, December 12, 2007


I like the symmetry of this chart so much
that I'll post it again.

For those who follow this blog, here's and update
of a chart posted about a week ago.

And to take the analysis a step further -- between now
and 12.18.07 the SPX should not close below the 12.11.07 low.

P.S. Make that the 12.12.07 low.

Tuesday, December 11, 2007


These are two of the reasons why the last few days looked suspicious.

Monday, December 10, 2007


Interesting day, tomorrow, for several reasons...

Friday, December 07, 2007


If this was an athlete, how long before a crash and burn?

In light of my comments from yesterday --
probably right after New Year.

Thursday, December 06, 2007


A positive reaction (expected) to the Fed meeting on 12.11.07 will clear the way to tag the upper trend-line.

Tuesday, December 04, 2007


Here's another good looking SPX chart,
followed by an ominous looking one.

Monday, December 03, 2007

Thursday, November 29, 2007

Monday, November 26, 2007

A perfectly measured move,


and good time to revisit an old chart, marking another 9o* move.

Friday, November 23, 2007

Thursday, November 22, 2007

Friday, November 16, 2007

Thursday, November 15, 2007


Another target hit today.

In addition, November 16th is 90* up from the 08.16.07 low.

Wednesday, November 14, 2007

Tuesday, November 13, 2007


When a trade becomes so heavily one-sided, and positive divergences start building up, the result is inevitable: late-comers get blown out of the water.

Sunday, November 11, 2007

Tuesday, November 06, 2007


This chart pretty accurately shows on which side of the boat the majority is leaning.

Thursday, November 01, 2007

Imagine,
being Uncle Ben,
and thinking,
even for a day,
that you can actually defy gravity....

Oh, the humility !

Wednesday, October 31, 2007


And the conclusion is: gravity is no match for Ben.

lol

Saturday, October 27, 2007


Next week's forecast seems to fly in the face of conventional wisdom.

Tuesday, October 23, 2007


The multiple negative divergenes finally made their presence known.

Friday, October 19, 2007


After free falling through the air-pocket, the SPX found support 90 degrees lower.

Thursday, October 18, 2007


Certain price levels have a very strong power of attraction.

Saturday, October 13, 2007

Friday, October 05, 2007

Thursday, October 04, 2007


The SPX is on the verge of completing an interesting geometrical structure.

Friday, September 28, 2007

Monday, September 24, 2007


The persistence of negative divergences is quite disturbing.

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