Market Breadth Data

Friday, June 29, 2012

SPX Hurst Channels

SPX bouncing between the Hurst Channels in predictable fashion:



SPY Overbought

Short-term overbought SPY tagged the top of the box:



SPY Box

SPY gap up close to the top of the box:



Thursday, June 28, 2012

SPX Support

SPX bouncing off support at 1313 for the 3rd time this week:



SPY Box

SPY trading back and forth within the box:



Tuesday, June 26, 2012

Monday, June 25, 2012

SPX Close

Daily SPX close just above support:











but the weekly picture remains ominous:



SPX Support

SPX testing support:



Saturday, June 23, 2012

SPX Channel

SPX daily up against channel resistance:











while SPX weekly is testing support:


Friday, June 22, 2012

Thursday, June 21, 2012

Wednesday, June 20, 2012

Tuesday, June 19, 2012

Monday, June 18, 2012

Saturday, June 16, 2012

SPX Channel

SPX channel update with 1313 support and 1345 resistance:



Friday, June 15, 2012

Thursday, June 14, 2012

SPX Bulls

Bulls have the upper hand above 1313:






SPY Range

SPY stuck in the middle of a narrow trading range since last Thursday:



Tuesday, June 12, 2012

SPX Resistance

SPX approaching resistance level:



SPX Intraday

SPX Intraday oversold but market internals still overbought:



Monday, June 11, 2012

CIT Dates

A remainder to keep an eye on the CIT Dates calendar on left:

























and on support/resistance levels:


SPY Resistance Zone

SPY rejected at the first resistance zone:



Saturday, June 09, 2012

SPX Megaphone Pattern

The tale of a daily and monthly megaphone pattern:




Friday, June 08, 2012

SPX Channel

SPX all over the support/resistance line:



Thursday, June 07, 2012

Tuesday, June 05, 2012

Monday, June 04, 2012

Friday, June 01, 2012

SP500 Waterfall

Time to bring back the old waterfall chart:






SPX Bear Flag Breakdown

The SPX bear flag identified a week ago + overbought internals = sell-off














Keep an eye on 1292 for signs that the double bottom will hold: