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

Wednesday, August 31, 2011

Monday, August 29, 2011

Keeping an eye on the daily SPX flag:



Is there enough gas left in the tank:


Saturday, August 27, 2011

Friday, August 26, 2011

Thursday, August 25, 2011

There are two choices: listen to the media for an explanation why the market did what it did, or follow market internals, and be ahead of the curve:



Wednesday, August 24, 2011

Tuesday, August 23, 2011

Higher low v. overbought mkt. internals and overhead resistance:




Monday, August 22, 2011

Sunday, August 21, 2011

Gold and Sector ETF scan based on Risk/Reward Oscillator:







Saturday, August 20, 2011

Comparing the % of stocks in Distribution and Markdown phase:



Friday, August 19, 2011

Thursday, August 18, 2011

Wednesday, August 17, 2011

The sprint from the bottom used up a lot of energy:



Tuesday, August 16, 2011

Monday, August 15, 2011

Friday, August 12, 2011

A quick Channel, Buy Volume and % Bulls update:





Thursday, August 11, 2011

Tuesday, August 09, 2011

Monhtly channel update:



Taking volatility to a new level:


Monday, August 08, 2011

Saturday, August 06, 2011

Here's a different monthly perspective:



and a weekly trend update:

Thursday, August 04, 2011

Time to update the broken monthly trend chart:



and choose targets from the weekly chart:

But maybe no such luck this time around:


Wednesday, August 03, 2011

Rebounds have been pretty sharp so far this year:



The pattern is similar to the March and June lows. An inability to stage an even modest rally from these levels (a low odds scenario at this point) will signal that "crash" liquidation is in progress:



In any case, a lot more than a short-term rebound will be required to reverse the negative divergence between SPX and $ Flow:

Tuesday, August 02, 2011

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