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

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