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

Sunday, March 25, 2018

NDX Pattern and Trend

The NDX is equally respectful of the pivot lines:















Chart courtesy of CIT Toolbox for TradingView

Saturday, March 24, 2018

SPX Pattern and Trend

The SPX continued bouncing between weekly pivots:














Chart courtesy of CIT Toolbox for TradingView

Next weeks price targets for SPX, USD, EUR, CAD, AUD, CHF, GBP and JPY can be found here.

Friday, March 23, 2018

SPX Pattern and Trend

The e-mini is bouncing between S2 and S3 pivots in pre-market trading:





















Chart courtesy of CIT Toolbox for TradingView

Lower support at 2565 and then the quarterly pivot line.

Thursday, March 22, 2018

SPX Pattern and Trend

The futures dropped below the monthly pivot, currently finding support at S1:

Chart courtesy of CIT Toolbox for TradingView

Lower support at S2: 2650

Tuesday, March 20, 2018

$SPX Pattern and Trend

Waiting for the FED, trading in a narrow range above/below the pivot line:







Chart courtesy of CIT Toolbox for TradingView

Monday, March 19, 2018

SPX Pattern and Trend

The futures bounced off S4 and a double bottom followed shortly thereafter:























Chart courtesy of CIT Toolbox for TradingView

$SPX Pattern and Trend

Minutes ago, the e-mini tagged the lower intraday support pivot at 2695, and is riding the channel back up:


Saturday, March 17, 2018

SPX Weekly Pivots

Projected weekly pivots for the e-mini:

















Chart courtesy of CIT for TradingView

Pivot: 2755
R1: 2774, R2: 2793
S1: 2736, S2: 2717

Friday, March 16, 2018

$SPX Pattern and Trend

For the third day in a row the e-mini is finding support at the S1 weekly pivot:

















Chart courtesy of CIT for TradingView

A break below that level or above the CIT Cloud at 2757 will determine whether the March 13th daily sell signal remains in effect or not.

Thursday, March 15, 2018

SPX Pattern and Trend

E-mini stuck all day between pivot support (S1) and resistance (R1):


















Chart courtesy of CIT for TradingView

Shouldn't come as a surprise, though, with neutral market breadth readings:


Wednesday, March 14, 2018

Friday, March 09, 2018

SPX Pattern and Trend

The e-mini is fast approaching our weekly 2770 target:






















Chart courtesy of CIT Toolbox for TradingView

Next resistance @ 2788.

Thursday, March 08, 2018

SPX Pattern and Trend

The e-mini is hanging just above the CIT Cloud:

























Chart courtesy of CIT Toolbox for TradingView

First upside target @ 2770, Cloud Support @ 2713, 1 x 1  Angle support @ 2690.

Saturday, March 03, 2018

DJIA Crash Pattern

From a historical perspective, short-term corrections have lasted less than 250 days with an average decline of 22%:
















A 22% decline gives a 20750 target for the DJIA.

Friday, March 02, 2018

DJIA Crash Pattern

Putting the last two crashes in perspective:


SPX Buying Pressure

Buying pressure has been declining noticeably since the end of January:



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