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

Monday, January 30, 2012

Sunday, January 29, 2012

SPX weekly pivot and support at 1296 and 1233:


Thursday, January 26, 2012

The suspense continues:


A case is to be made for similarity and proportionality:


The trend has been rising by 3.25 p/day since Xmas:


As long as the e-mini trades above the red trendline, bulls have little to worry about:


Wednesday, January 25, 2012

Tuesday, January 24, 2012

SPX weekly got rejected at resistance yesterday:



but the daily trend hasn't been broken yet:

Friday, January 20, 2012

SPX daily paiting a Hanging man doji:



just below weekly resstance:

SPX daily about to open below resistance:



but above intraday support:

Thursday, January 19, 2012

A slightly different SPX weekly perspective:


Break-out, finally, but needs to work off short-term overbought condition:


Wednesday, January 18, 2012

Tuesday, January 17, 2012

Time to adjust the triangle to give SPY some leeway:


SPY trapped within the hourly triangle:


Another breakout in the making for the e-mini:


Saturday, January 14, 2012

Friday, January 13, 2012

SPY going for a back kiss of the broken trend line:


SPY opens below key support trend line:


The line in the sand is pretty well defined for the e-mini:


Thursday, January 12, 2012

No imbalances to destabilize the SPX trend since Dec. 20th:


There are some similarities with the October-November rally, so it's best to keep an eye on them:



SPY managed to stay within the ascending triangle, so far:


SPY only modest selling pressure:


SPY having trouble at resistance:


Expect clear sailing above current levels:



Next weekly SP500 resistance about 25 points away:

Wednesday, January 11, 2012

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