SP500 meets the weekly measured move target of 2074:
From a short-term sentiment point of view, all are in:
Market Breadth Data******************************
Tuesday, November 25, 2014
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
Saturday, November 15, 2014
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:
Key resistance zone between 17.50 - 17.80:
Wednesday, November 05, 2014
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