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:


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