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

Saturday, June 30, 2018

SPX Roadmap for '18

Here's an update of the SPX '18 roadmap, first published in January '18:

Friday, June 29, 2018

SPX Pattern and Trend

The question now is whether 2740 will cap the current upswing, or whether the rally will extend to July 4th:

Odds favor July 4th.

Wednesday, June 27, 2018

NDX Pattern and Trend

Price action unfolded according to the scenario suggested yesterday. And although both the NDX and SPX painted similar candles, the Pattern Oscillator reveals that weakness in NDX is more wide spread:

Similar oversold levels have preceded short-term reversals in the past, but support for both indices needs to hold first.

Tuesday, June 26, 2018

SPX Pattern and Trend

Almost identical price action with strong bearish implications, making tomorrow a very important day:

2700 remains the key level to watch.
The next support level is 2673.

Monday, June 25, 2018

Monday, June 18, 2018

SPX Pattern and Trend

The futures couldn't break resistance at 2788 and now a retest of the previous resistance level at 2740 should be expected:

Tuesday, June 12, 2018

SPX Pattern and Trend

Getting ready to test the 2788 - 2800 resistance zone:

Support at 1 x 1 angle and 2740.
Next target: 2840.

Saturday, June 09, 2018

SPX and G6 update

The SPX finally broke out of the month-long consolidation, while most of the forex pairs hit our targets and reversed:

Full analysis here.

Thursday, June 07, 2018

Wednesday, June 06, 2018

SPX Pattern and Trend

Inching closer to our upside target:

The close slightly overshot R2 of the weekly pivot line but price swiftly pulled back immediately after the close:

Monday, June 04, 2018

SPX Pattern and Trend

The daily Pattern Oscillator reached overbought levels once again:

Friday, June 01, 2018

SPX Pattern and Trend

Both the SPX and NDX Pattern Oscillators have reached overbought levels:

Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.