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

Monday, April 30, 2012

SPY managed to close above the trendline, barely:

while AAPL is building the right shoulder and giving back last week's gains:

SPY still keeping up with the trend:

Due to business travel there will be no week-end article.

Friday, April 27, 2012

AMZN picked up the ball dropped by AAPL, but SPY still managed to close below resistance:

and so did SPX:

It seems unlikely that SPY can overcome the next hurdle without help from AAPL:

which is digesting the big gain from Wednesday, and painting a bull flag in the process:

Thursday, April 26, 2012

Wednesday, April 25, 2012

SPY showing signs of a breakout attempt:

AAPL remains glued to the support/resistance and retracement levels:

SPY back to the top of the range:

NQ100 is painting a huge bull flag:

Tuesday, April 24, 2012

Support held and AAPL lifting all boats in ah:

just in time for a SPX bounce:

SPY fighting to stay with the uptrend line:

while APPL struggling to regain lost ground:

Monday, April 23, 2012

AAPL crisis narrowly averted at the close after closing second gap:

while SPY and SPX trying to build a double bottom:

AAPL loosing another support level:

SPY testing support once again:

Sunday, April 22, 2012

Friday, April 20, 2012

AAPL declines to a critical level, once again:

and so does SPX:

SPY giving it another try:

Has a good chance if AAPL breaks out of the bull flag:

Thursday, April 19, 2012

AAPL continues bouncing between support/resistance levels:

SPY having trouble breaking above resistance:

Wednesday, April 18, 2012

Despite a late surge SPY finished the day below resistance:

and so did AAPL:

SPY back below resistance:

but AAPL is leading the charge and painting a right shoulder:

Monday, April 16, 2012

Saturday, April 14, 2012

Friday, April 13, 2012

Thursday, April 12, 2012

Textbook rebound action:

The question remains whether CMG and PCLN alone can sustain this without help from AAPL.

SPY double top resistance hard to overcome without help from AAPL:

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