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

Saturday, November 29, 2008

It would be really surprising, and a real show of strength, if this rally continues uninterrupted next week:


Wednesday, November 26, 2008

The OEX and SPX getting overbought, on low volume, ahead of the next G date:



The SPX map for today:





Note: allow +/-1 bar for the cycles to begin/end.

Tuesday, November 25, 2008

Here's a shot of key levels and times for today:




Monday, November 24, 2008

Sunday, November 23, 2008

There is no reason why support/resistance levels can't be combined with key intraday cycles:



Plus an update of some older charts:


Friday, November 21, 2008

A few intraday support/resistance zones at the open:



and after the close:

Thursday, November 20, 2008

Wednesday, November 19, 2008

Here's the follow-up to the last target projection:



and a new one, that brings the 2002 low into play:


Tuesday, November 18, 2008

Monday, November 17, 2008

Here are some additional targets, should support levels fail:



Friday, November 14, 2008

The process of testing important support levels continues:



Thursday, November 13, 2008

Yet another pre-opex classic:



But then, again, there may be something else in play:


Wednesday, November 12, 2008

Saturday, November 08, 2008

This is an update of an old favorite of mine, and a summary of the bear campaign for SPX and the NYSE Composite:




Along with a 5 min. e-mini chart as a bonus:

Friday, November 07, 2008

Here's what happened on prior occasions following two days of 5% declines for the Dow:

1940: day1 .62%, day5 -11%, day 30 -4.68%

1933: 6.31%, 6.57%, 12.97%

1932: 5.5%, 8.55%, 11.97%

1932: .45%, 6.26%, -.62%

1929: 9.36%, 20%, 25%

Thursday, November 06, 2008

As far as I can tell, there have been only 7 back to back 5% and greater declines in the last 100 years of Dow history. The first six occurred in the period 1929-1940.

The only triple marked the '29 bottom on November 13th, 19229.

To put things in perspective, this is how overbought certain indicators were on November 4th:



Wednesday, November 05, 2008

The answer to my question from last week was hidden in plain sight in the calendar on the left.

Below is a review of the H&S targets posted last month.
Two out of three ain't bad:




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