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

Monday, January 30, 2012

Sunday, January 29, 2012

SPX weekly pivot and support at 1296 and 1233:

Thursday, January 26, 2012

The suspense continues:

A case is to be made for similarity and proportionality:

The trend has been rising by 3.25 p/day since Xmas:

As long as the e-mini trades above the red trendline, bulls have little to worry about:

Wednesday, January 25, 2012

Tuesday, January 24, 2012

SPX weekly got rejected at resistance yesterday:

but the daily trend hasn't been broken yet:

Friday, January 20, 2012

SPX daily paiting a Hanging man doji:

just below weekly resstance:

SPX daily about to open below resistance:

but above intraday support:

Thursday, January 19, 2012

A slightly different SPX weekly perspective:

Break-out, finally, but needs to work off short-term overbought condition:

Wednesday, January 18, 2012

Tuesday, January 17, 2012

Time to adjust the triangle to give SPY some leeway:

SPY trapped within the hourly triangle:

Another breakout in the making for the e-mini:

Saturday, January 14, 2012

Friday, January 13, 2012

SPY going for a back kiss of the broken trend line:

SPY opens below key support trend line:

The line in the sand is pretty well defined for the e-mini:

Thursday, January 12, 2012

No imbalances to destabilize the SPX trend since Dec. 20th:

There are some similarities with the October-November rally, so it's best to keep an eye on them:

SPY managed to stay within the ascending triangle, so far:

SPY only modest selling pressure:

SPY having trouble at resistance:

Expect clear sailing above current levels:

Next weekly SP500 resistance about 25 points away:

Wednesday, January 11, 2012

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