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

Thursday, January 31, 2013

SPX Correction

A normal correction should take the SPX not lower than 1475 - 1480:











Considering that market breadth is fast approaching oversold levels, this seems a reasonable scenario:


Wednesday, January 30, 2013

SPX Target Zone

The target zone and Sq9 level act like magnets for the SPX all week long:



QQQ & Market Divergences

Speaking of market divergences, Q's on track to finish the month in the box despite new highs being made by the SPX and DJIA:












Monday, January 28, 2013

SPX Target Zone

SPX target zone, channels and support/resistance levels update:



Sunday, January 27, 2013

AAPL, SPX and Gann

According to Gann's methods and his gravity center theory, the strongest area of support for AAPL is at the 370-390 level:










Looking at the Sq9, the next hiccup on the way up for the SPX is expected at current levels:


Thursday, January 24, 2013

AAPL, QQQ and SPX

AAPL drags QQQ back within the box:














while SPX remains on target:


Wednesday, January 23, 2013

AAPL Tug of War

AAPL's tug of war with the broader indices continues after hours:














Tuesday, January 22, 2013

SPX Target

SPX inching closer to its target:











while Bulls remain firmly in control, albeit in overbought territory:


Friday, January 18, 2013

Thursday, January 17, 2013

SPX Channel

SPX reached the top of the channel:










DIA inching closer to its target:










Despite very strong market internals (see gauge on top) QQQ & NDX unable to jump out of the box:




Tuesday, January 15, 2013

Market Breadth

NYSE maintained the lead all through the day. On NASDAQ Dell couldn't repair the damage inflicted by Apple:












Remember, the gauges can be viewed from mobile devices.

SPX and QE III

Judging solely by the amount of QE III compared to QE I, the index should not have trouble staying within the green channel:



SPX Resistance

The assault on 1470-1475 continues:











while market breadth remains neutral:


Monday, January 14, 2013

NYSE and NASDAQ Market Breadth Data

The gauges above display live NYSE and NASDAQ market breadth data.

Not visible with mobile browsers.

Sunday, January 13, 2013

Thursday, January 10, 2013

SPX Trendline

SPX following the upper channel trendline, closing in the middle of the resistance zone:











PS. Interesting to hear that DeMark has a similar target.

SPX Target

Gathering steam for an assault on 1470-75:



Monday, January 07, 2013

DJIA Rally

Current DJIA rally compared to previous rallies from the last 127 years:



Friday, January 04, 2013

SP500 Update

SPX back within the channel, targeting the September high:



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