IWM swing target zone reached following the steepest rate of ascend and in record time:
Market Breadth Data******************************
Friday, October 31, 2014
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
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
Monday, October 13, 2014
Sunday, October 12, 2014
Saturday, October 11, 2014
$SPY Trend and Support
SPX breaking below the daily '13 - '14 trend line:
Russell 2000 breaking out of the '13 - '14 box; next target around the 103 level:
Russell 2000 breaking out of the '13 - '14 box; next target around the 103 level:
Friday, October 10, 2014
$DJIA Test of Support
DJIA testing first monthly support level once again.
The monthly and weekly trend remains up until the next support level around 15,650 gets broken:
The monthly and weekly trend remains up until the next support level around 15,650 gets broken:
Wednesday, October 08, 2014
Tuesday, October 07, 2014
Sunday, October 05, 2014
$IWM Box Trading
Russell 2000 celebrating 1 year of trading in a 20 point box between 107 and 120.7:
while the SPX continues advancing in a straight line:
while the SPX continues advancing in a straight line:
Friday, October 03, 2014
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