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

Friday, August 26, 2016

$SPY Bullish % and Trend

The Bullish% indicator is stalling:











just when the SP500 is trying hard to stay within the box:


Thursday, August 25, 2016

$SPY Angles and Targets

The 2 x 1 angle points to a 2145 downside price target:



















The 1 x 1 angle target is 2168.

Monday, August 22, 2016

Sunday, August 14, 2016

$SPY Pattern and Trend

The SP500 is stalling just below Sq9 resistance and slightly above angle support:












Next Sq9 resistance at 2210.


Wednesday, August 03, 2016

$SPY and Market Breadth

NYSE mkt. breadth peaked just before the SP500 started consolidating mid July:











An upturn, from current price levels, should be enough to propel the index above resistance.

Monday, August 01, 2016

$SPY Seasonal Pattern

All major indices, the SP500 included, are exhibiting very strong seasonal correlations:



$QQQ Time and Angles

While the major indices (SPX, DJIA, IWM) have stalled at resistance since mid-July, the Qs post-Brexit upswing is becoming one of  the longest on record:












Angle support @ 112.5.

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