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

Friday, April 29, 2011

Thursday, April 28, 2011

The State of the Trend:



Buy volume not painting a rosy picture:

The Combined Score is levitating in the stratosphere:


Wednesday, April 27, 2011

And the end result -- right on the dot:



NQ's numbers work as well:


And so does YM:

For those who use Ensign, this is how it's done:



Tuesday, April 26, 2011

The risk/reward balance is becoming more one-sided:



I gave the Risk/Reward (R/R) Oscillator an inverted scale, so it matches price action.
Therefore, high % readings correspond to high risk long entries (or low risk short entry levels).

In this example, an L r/r means that the Long risk/reward ratio is 0.44 : 1, while S r/r means that the short risk/reward ratio is 2.27 : 1.


C-P is the difference between the close and tomorrow's weekly pivot.
It's hard to make this up:



Same concept works even better on e-mini because of unambiguity about the Open:

The Long/Short risk/reward for the SPX is about even ahead of the FOMC meeting:



With any luck, the chart above will become interactive within the not too distant future, and visitors to the blog will be able to analyze the symbol of their choice.

Monday, April 25, 2011

Back to the OEX for the gamblers out there:



The SPX exhibits similar characteristics:

Time for Gold ?


Sunday, April 24, 2011

Let the jockeying for position ahead of the end of QE2 begin.

TLT with 5 day forward looking long/short risk/reward ratio and oscillator:



Note: Once the market opens, you can get the Open from the app above.
Silver has been a lot in the news lately:


Friday, April 22, 2011

Wednesday, April 20, 2011

Sunday, April 17, 2011

Thursday, April 14, 2011

DIA for April 15th:


Let's have a look at Asia and the Heng Seng:



while SPX follows the historical trend:

Wednesday, April 13, 2011

Friday, April 08, 2011

Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.