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

Friday, April 27, 2018

SPX Weekly Pattern and Trend

The SPX met resistance and finished the week at the weekly pivot:


















The April uptrend hasn't been broken yet, and price is above the monthly pivot, which is also positive.
There's resistance at 2676, and the 50 dma is at 2689.

Thursday, April 26, 2018

SPX Pattern and Trend

The index traded from channel support to weekly pivot resistance:

























A break above 2676 opens the door for a mid and upper channel retest.


Wednesday, April 25, 2018

SPX Pattern and Trend

Just like yesterday - bouncing off 2615 and closing within the 1 x 1 channel, keeping the April uptrend alive:




















And market breadth reached rock bottom, which is bullish from a contrarian point of view:


Tuesday, April 24, 2018

$SPX Pattern and Trend

In the weekly forecast, we mentioned the importance of the channel and the pivot line. After bouncing off the bearish target, the SPX managed to pull back within the channel, and closed exactly at the pivot line, leaving the April uptrend intact for now:


Sunday, April 22, 2018

SPX Pattern and Trend

The SPX and NDX Pattern Oscillators are looking for a bottom:











For next week's price targets click here.

Friday, April 20, 2018

Thursday, April 19, 2018

SPX Pattern and Trend

Time for a counter-trend swing:

























(Chart courtesy of CIT for TradingView).

Wednesday, April 18, 2018

SPX Pattern and Trend

Following the breakout above resistance at 2680, 2800 emerges as the next upside target:




Sunday, April 15, 2018

SPX and G6 Targets

Technical analysis and price targets for next week for the SPX and G6 currencies available here:


Friday, April 13, 2018

Thursday, April 12, 2018

SPX Pattern and Trend

A pretty good day for the matrix, trading between the pivot line and R2:















(Chart courtesy of CIT for TradingView)


SPX Pivots and CITs

Today's pivots and CITs:

:

Wednesday, April 11, 2018

SPX Pattern and Trend

Pretty much a repeat of yesterday's action - the index bouncing between the daily pivot line and R2 with some good CIT hits in between:
















(Chart courtesy of CIT for TradingView)

Market breadth remained neutral for most of the day:


SPX Pivots and CITs

SPX daily pivots:















and CITs: 10:05, 10:25, 11:00, 11:30, 12:00, 12:50, 13:20, 14:00, 14:30, 15:10

Yesterday's result:


Tuesday, April 10, 2018

SPX Pivots & CITs

SPX daily pivots:














and intraday CITs: 9:40, 10:55, 11:25, 11:55, 13:00, 13:50, 14:15, 15:30, 15:45

Yesterday's result:


Monday, April 09, 2018

SPX Intraday Update

A few of the CITs coincided with pivot level breakouts/downs:


SPX Pivots and CITs

SPX daily pivots:

























and intraday CITs: 9:40, 10:25, 11:25, 12:00, 12:50, 14:00, 14:45, 15:10

SPX Pattern and Trend

Weekly sentiment has dropped to levels previously associated with market troughs:


The best of our indicators are included in CIT Toolbox for TradingView and in CIT Collection for NinjaTrader.

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