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

Saturday, March 31, 2012

SPX weekly swing update:


NDX monthly r/r scan:



and Trend scan:

Friday, March 30, 2012

This looks like a head and shoulders pattern in the making:


Thursday, March 29, 2012

Weekly SPX steady above the pivot line:


SPY bouncing off support and testing resistance once again:


The pullback hasn't even registered on the weekly chart yet:


SPY testing the gap once again:


Tuesday, March 27, 2012

Using indicators to help with SPY weekly wave count:



suggests wave 3 of 5 underway.

SPY having trouble making new highs but still above the trendline:


SPX testing resistance once again:


Monday, March 26, 2012

Sunday, March 25, 2012

Friday, March 23, 2012

After bouncing off the target, SPY might have completed a bull flag:



and the broader market is recovering from oversold market internals:

SPY moving on schedule to meet target level:


Thursday, March 22, 2012

Wednesday, March 21, 2012

Saturday, March 17, 2012

Friday, March 16, 2012

Tuesday, March 13, 2012

Market internals suggest a swing top is in the making:


Increasing volatility to the downside, followed by increased volatility to the upside:


As suggested before, SPY aiming for back kiss of the wedge:


A pivotal moment for SPX:


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