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

Wednesday, December 24, 2014

$SPX 2015 Outlook

With 2014 drawing to a close, it's time to shift our focus to 2015.  The decennial cycle points to two possible outcomes:

Bullish














or Very Bullish














(Data courtesy of Gann 9; for additional cycles check the DJIA history module)

Whether either one of these bullish scenarios will materialize will depend on the ability of the SP500 to keep pace with the '11 bull trend. Initial upside price targets range from 2215 to 2333:











Wishing you all a

HAPPY HOLIDAY SEASON !!!

                    The CIT Dates Team              


Sunday, December 21, 2014

$SPX Trend and Price Targets

The yellow rectangle shows the potential upswing target zone based on data collected from the 2009 bull run:





Friday, December 19, 2014

$AAPL Channel and Trend

Some positive action in AAPL during the last couple of days. Needs to break above resistance to avoid filling the gap:


Thursday, December 18, 2014

$DJIA Seasonality and the FED

All in, everybody jumping on the seasonal bandwagon and the Fed's "patient approach toward raising interest rates":

















Wednesday, December 17, 2014

$AAPL Pattern and Trend

AAPL is in a well defined daily downtrend with lower lows and lower highs but bouncing off the 50% retracement level:










A rise above $111 - $112 is needed to confirm a break out of the downsloping channel and the potential to turn this pattern into a bull flag..

$IWM Pattern and Trend

Russell 2000 has printed a well defined rounding top (inverse saucer) pattern:


Monday, December 15, 2014

$SPX Trend and Target

SP500 dropping below the gap zone to the next support level:










and $Flow is getting oversold:


Friday, December 12, 2014

$SPX Trend and Target

SP500 broke out of the wedge a few days earlier than on previous occasions, and is finding support at the first gap zone:










Next week starts the seasonally strongest period for the SP500.

Thursday, December 11, 2014

Wednesday, December 10, 2014

$QQQ Pattern Dynamics

Both the Qs and Russell 2000 finished the day with an inside bar, while the SP500 and the DJIA broke below yesterday's lows:



Monday, December 08, 2014

Saturday, December 06, 2014

$SPY and Price Momentum

Under the surface SPY daily price action is showing improving momentum:











Weekly market breadth, however, is stalling at overbought levels:







resulting in sideways trading.

Thursday, December 04, 2014

$SPX Trend and Price Targets

SP500 stalling for the third week in a row at the 2074 upswing target:


Wednesday, December 03, 2014

Tuesday, December 02, 2014

$GLD Channel and Trend

Gold still in a downtrend, trading around key support/resistance level:










while miners have completed a round trip to '08 lows:


$DJIA Trend and Support

DJIA weekly and daily trend remain unchanged. First key support level at 17688:


Monday, December 01, 2014

$SPX Trend and Support

The end of November marked the longest uninterrupted daily upswing in SP500 history lasting a month and a half. First support zone at the 2056 - 2050 level:


Tuesday, November 25, 2014

$SPX Weekly Trend and Target

SP500 meets the weekly measured move target of 2074:










From a short-term sentiment point of view, all are in:


Monday, November 24, 2014

$NDX Trend and the A/D Line

Since March 29, 2014, when the NDX broke the '13 - '14 uptrend line, the index has gained 19%, while the A/D Line has declined 12%:


Sunday, November 23, 2014

$SPX Monthly Trend

The SP500  has exceeded the '87 - '00 advance in less than half the time, and is tracing a steeper upswing angle:


Saturday, November 22, 2014

Wednesday, November 19, 2014

Tuesday, November 18, 2014

$SPY Trend and Angles

SPY holding onto the 180* angle for a record number of days. However, the daily Ob/Os indicator is still at the bottom of its range, suggesting more upside potential:


Monday, November 17, 2014

$DJIA Historical Rallies

Current rally (red dot) third longest in DJ history. Ranks fifth performance wise:


Saturday, November 15, 2014

$QQQ Channel and Trend

Qs bumping against channel resistance:










while closing in on all-time highs:


Friday, November 14, 2014

Thursday, November 13, 2014

Wednesday, November 12, 2014

$IWM Channel and Trend

Outside reversal in the making for the Russell 2000 index.
Key resistance zone between 17.50 - 17.80:


Wednesday, November 05, 2014

Friday, October 31, 2014

$IWM Swing Target

IWM swing target zone reached following the steepest rate of ascend and in record time:


Saturday, October 25, 2014

$IWM Trend and Channel

Russell 2000 continues climbing within the uptrend channel but, unlike the QQQ, SPY and DIA, was unable to make a new swing high. The 12% upside target (derived from recent rallies) is at 116:


Wednesday, October 22, 2014

$IWM Rate of Ascend

Russell 2000 experiencing the sharpest upswing so far (which raises, of course, the specter of sustainability). Average gain of previous daily rallies in '13 - '14 about 12%:


Tuesday, October 21, 2014

$IWM and Futures

Early SP futures suggest that the Russell 2000 key 107 level may be retested again today:


Thursday, October 16, 2014

$IWM Channel Breakout

Russell 2000 breaking out of the down-sloping channel and leading the other averages to the upside for a change:


Wednesday, October 15, 2014

$IWM Key Support

Russell 2000 holding above key support zone.
Daily downtrend still in place:


Monday, October 13, 2014

Sunday, October 12, 2014

SPX Bull/Bear Ratio

Weekly Bull/Bear ratio dropping below 50% for the first time since 12.12:


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