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

Wednesday, February 29, 2012

All eyes on Apple, which is getting close to being overbought:


SPY sitting on the edge:


Adding to the excitement is the fact that tomorrow is a CIT date.
SPX tagging the resistance line:


SPY continuing the steady grind within the wedge:


Tuesday, February 28, 2012

The low volatility grind higher, fueled by operations Twist & LTRO, continues:



and the SPX is poking above resistance:

Weekly Spiders compared to their trend:



and their risk/reward outlook:

SPY advancing within the narrowing wedge:


Friday, February 24, 2012

Thursday, February 23, 2012

A nice pop in IBM, as suggested on the 21st:


SPY rebounding off support:


The OEX 100 components ranked by their daily R/R osc.:



and by their OT Trend osc.:

Futures point to another bull flag in the making:


Wednesday, February 22, 2012

Tuesday, February 21, 2012

IBM the calm before the storm


SPX keeping close to the trend:


Interesting Buy screen result in early trading:


Will the Euro decision to kick the can down the road be enough to sustain this rally ?


Saturday, February 18, 2012

Friday, February 17, 2012

Thursday, February 16, 2012

Wednesday, February 15, 2012

As suggested before, SPY with three drives to the top:


APPL's new range:



SPX remains glued to the Trend indicator:



Since market internals have been getting oversold the last few days, I can't wait to see what happens when they start improving.
SPY bumping against resistance right out of the gate:


Tuesday, February 14, 2012

AAPL going parabolic:




while market internals continue to deteriorate:

SPY does its third drive to the top:


Market internals have deteriorated to the point of being oversold:


Monday, February 13, 2012

SPX catching up with trend again:


Clearly defined support/resistance levels:


There was a double, even triple top at the beginning of December '11:


Saturday, February 11, 2012

Time to replicate a tentative downtrend line:



as daily SPX drops below flattening trend indicator:

Thursday, February 09, 2012

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.