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

Tuesday, July 31, 2012

SPX Breakout

SPX testing breakout resistance level turned support:

AAPL Pivot Level

AAPL challenging old resistance and key pivot level:

SPY Run Up

SPY still catching its breath after last week's run up and overbought momentum:

Friday, July 27, 2012

AAPL & SPX Channels

AAPL manages to close within the uptrend channel:

while SPX reaches first channel resistance:

and SPY tags swing target:

SPY Target

SPY targeting the July double top:

Wednesday, July 25, 2012

SPX Channel

Despite the sell-off in AAPL, SPX managed to stay within the channel:

SPX Trend

The SPX daily uptrend is still alive:

and market breadth is approaching oversold levels.

Tuesday, July 24, 2012

AAPL Support

Failure at 611 opens the door for a retrace to 550:

SPY Trendline

SPY finishing the day just above support but below the trendline ahead of AAPL's earnings report:

SPY Indecision

SPY trapped between support/resistance and trendlines:

Saturday, July 21, 2012

Friday, July 20, 2012

Monday, July 16, 2012

Thursday, July 12, 2012

SPX Crisis Averted

SPX/SPY crisis averted for the time being:

with some serious positive divergences to boot:

SPY Bullish Case Outlook

The outlook for the SPY bullish case is not very positive:

Monday, July 09, 2012

Friday, July 06, 2012

Thursday, July 05, 2012

Trading Books