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

Thursday, July 31, 2014

$IWM Channel and Trend

The negative divergence spotted at the double top made its presence known in a most emphatic way, leading to a retest of the bottom channel with lower targets not far away:


$SPY Trend Update

And SPY opens right on channel and trend support;










IWM also testing key support level:


$SPY Channel and Trend

The line in the sand for SPY:


Wednesday, July 30, 2014

$IWM Channel and Trend

Decision time approaching for IWM. Still holding above double bottom support but right underneath channel and price resistance:


Tuesday, July 29, 2014

$SPX and Momentum

SPX momentum quickly deteriorating, nearing oversold levels:


$IWM Channel and Trend

IWM attempting to put in a second set of double bottoms in place:


Monday, July 28, 2014

$IWM Trend and Support

IWM showing first support at 112:







(chart courtesy of OT Signals)

$SPY Trend and Trendlines

SPY with proper trendline angles showing areas of pivot support and resistance:


Thursday, July 24, 2014

Wednesday, July 23, 2014

$AAPL Channel and Trend

AAPL accelerating to the upside, closing in on double top:










SPY advance proceeding on schedule to fulfill average time and price projections










(time and price target data supplied by OT Signals)

Tuesday, July 22, 2014

$QQQ Channel and Trend

Qs leading the major averages on the way up, testing the upper channel line:










Ackman's presentation blowing up in his face:




$SPY Trend and Targets

SPY with average bull/bear swing price and time targets:










(Bull/Bear swing target data courtesy of OT Signals)

Monday, July 21, 2014

Friday, July 18, 2014

Thursday, July 17, 2014

$SPX Trend and Support

SPX retesting key support level and lower channel trend line:


$GLD Trend and Target

GLD unable to sustain a break above the 50% retracement level:

Saturday, July 12, 2014

Friday, July 11, 2014

$SPX Retracement Levels

So far the SPX is following closely previous retracement scenarios:


Thursday, July 10, 2014

$SPX Channel and Trend

While the SPX was able once again to climb above the 1955 support/resistance level:










Russell 2000 continues to underperform:


Wednesday, July 09, 2014

Tuesday, July 08, 2014

$SPX Trend and Support

SPX testing the June breakout level:









on the heels of overwhelmingly negative June 7th swing scan results:





Monday, July 07, 2014

$GLD Trend and Resistance

GLD stalling under the 50% retracement level:


$IWM Channel and Trend

Russell 2000 testing the bottom of the channel:










after daily market breadth reaches overbought levels just before the July 4th holiday:



Thursday, July 03, 2014

$IWM and $QQQ Channel and Trend

Russell 2000 retesting first resistance level:










while the Qs are reaching for the top of the channel:


Tuesday, July 01, 2014

$IWM Trend and Targets

Russell 2000 close nails first resistance level:


$MU Upside Potential

Just based on sheer momentum, MU may have another 25% + upside potential:


Trading Books