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

Friday, November 30, 2012

SPX Resistance

SP500 finishing the week just below resistance:



SP500 Symmetrical Triangle

SPX building a perfect symmetrical triangle:



Thursday, November 29, 2012

Wednesday, November 28, 2012

SP500 Follow Through

Follow through, or the absence thereof, becomes crucial for the rest of the week:






Tuesday, November 27, 2012

SPX Trendline Test

SP500 testing important trendline level:











on weakening market breadth:



Monday, November 26, 2012

SP500 Support/Resistance Levels

In classic TA  fashion, the old support level at 1407 is now becoming resistance:



Monday, November 19, 2012

Friday, November 16, 2012

Thursday, November 15, 2012

Wednesday, November 14, 2012

Tuesday, November 13, 2012

OEX and Market Breadth

Market breadth showing tentative signs of positive divergence with price:



SP500 Trading Range

SPX treading water in a tight trading range above key support level:



Friday, November 09, 2012

Wednesday, November 07, 2012

SP500 Support

SPX finding support at the next logical level:












while market breadth just peaked:



SPX Channel Support

SPX daily channel support:



SP500 Target

SPX intraday target:















Elections and Cycles

The book that based on cycle study, back in May '12, called correctly and unambiguously not only the election result, but the margin of victory as well, despite all the "scientific" and "academic"studies to the contrary.

Tuesday, November 06, 2012

Sunday, November 04, 2012

SPX Seasonal

SPX current weekly (white) and 10-year seasonal (red) chart:



Saturday, November 03, 2012

Friday, November 02, 2012

SPX Resistance

SP500 rejected at previous support turned resistance:











while market internals are getting overbought:


Thursday, November 01, 2012

SPX Resistance

SP500 closed within the resistance band ahead of tomorrow's employment report:



Trading Books