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

Friday, December 30, 2011

The long-term view:

SP500 and VIX:

Thursday, December 29, 2011

SPX keeping up with the trend:

It's time to start paying attention to the bigger triangle:

SPY back at resistance:

Tuesday, December 27, 2011

Friday, December 23, 2011

OEX finishing the week on a high note:

just in time for a:

SPY nearing important resistance levels:

Thursday, December 22, 2011

SP500 closing near the top of the inner triangle:

which is an important level on weekly chart as well:

SPY keeping-up with the uptrend line:

PS. It's time to put the markets on the back burner, and enjoy the Holidays.

Wednesday, December 21, 2011

Tuesday, December 20, 2011

Monday, December 19, 2011

SPY hugging the downtrend line:

finishes the day at the bottom of the triangle:

Let's see if this SPY rally attempt will stick:

If a rally doesn't materialize within the next few days, this may turn into a bear flag.

Sunday, December 18, 2011

Hurst channels applied to daily Sp500:

Bullish sentiment continues to deteriorate:

Friday, December 16, 2011

Thursday, December 15, 2011

SPY finished right in the middle of the gap:

SPY dancing between support/resistance lines:

SPY early morning encounter with multiple resistance levels:

Wednesday, December 14, 2011

November SPY gap almost filled:

SP500 weekly testing support:

Should support fail, here's a big gap waiting to get filled:

Here's an interesting stock to consider:

with consistent channeling action.

Tuesday, December 13, 2011

After politicians and central bankers were done talking, SPY closed on the downtrend line:

with a serious air pocket just below, which warrants another waterfall scenario update:

A Hurst Channel perspective on AAPL:

Risk/reward pretty even.
SPY crisis averted so far:

Monday, December 12, 2011

Friday, December 09, 2011

SP500 bouncing from one side of the triangle to the other:

SPY fighting to stay with the trend:

Thursday, December 08, 2011

SPX daily on the verge of breaking down:

with bullish sentiment taking a turn:

Godot never showed up. Instead Draghi promised recession in 2012:

Waiting for Godot:

Wednesday, December 07, 2011

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