The week ended full of suspense.
The SPX made new closing highs:
while the rest of the averages (DJIA, QQQ and Russell 2000) finished just below key resistance levels:
For world wide swing scan results, sorted by country and price range, click here.
Market Breadth Data******************************
Friday, May 30, 2014
Thursday, May 29, 2014
$SOX Trend and Resistance
SOX challenging the April highs on a swing run that started on May 16th:
For world wide swing scan results, sorted by country and price range, click here.
For world wide swing scan results, sorted by country and price range, click here.
Wednesday, May 28, 2014
$WMB Record Run
WMB's record 20 day swing run, which started the day before earnings announcement, may be nearing exhaustion:
All new, world wide swing scan results, sorted by country and price range, can be found here.
All new, world wide swing scan results, sorted by country and price range, can be found here.
Tuesday, May 27, 2014
Monday, May 26, 2014
$SPX Futures
Futures starting the week grinding higher, breaking above 1900:
Brand new, World Wide Swing Scan results for USA, Canada, Europe, Asia and Australia, can be found here.
Brand new, World Wide Swing Scan results for USA, Canada, Europe, Asia and Australia, can be found here.
Sunday, May 25, 2014
$SPX Channel and Targets
SPX with Sq9 support/resistance levels:
Brand new, World Wide Swing scan results for USA, Canada, Europe, Asia and Australia, can be found here.
Brand new, World Wide Swing scan results for USA, Canada, Europe, Asia and Australia, can be found here.
Saturday, May 24, 2014
$SPX and Momentum Indicator
Momentum indicator flashing overbought again:
Brand new, World Wide Swing scan results for USA, Canada, Europe, Asia and Australia, can be found here.
Brand new, World Wide Swing scan results for USA, Canada, Europe, Asia and Australia, can be found here.
Friday, May 23, 2014
Thursday, May 22, 2014
$DJIA Trend and Support
DJIA weekly testing the top of the reversal zone:
For worldwide swing scans sorted by price range, go here
For worldwide swing scans sorted by price range, go here
Wednesday, May 21, 2014
$DIA and $IWM Support and Trend
The DJIA bouncing off confluence of support lines:
inside day for Russell 2000:
Stock scans for the US, Canada, Europe and Asia can be found here:
inside day for Russell 2000:
Stock scans for the US, Canada, Europe and Asia can be found here:
Tuesday, May 20, 2014
Monday, May 19, 2014
$DIA Decision Time
The DJIA has painted itself into a corner and must either break out to new highs, or it will start breaking support lines pretty soon:
SPY is testing recent trend support from below:
Friday, May 16, 2014
$IWM and Major Averages
For a second day in a row IWM avoids disaster and closes above key support line:
This helps the SPX and the DJIA to stay within reach of their respective breakout levels:
This helps the SPX and the DJIA to stay within reach of their respective breakout levels:
Thursday, May 15, 2014
Wednesday, May 14, 2014
$BID and Auction Results
Despite record auction sales by rival Christie's (including $84.2 mil for Black Fire I), the liquidometer can't catch a bid:
Tuesday, May 13, 2014
Monday, May 12, 2014
$DIA Breakout
DJIA printing new highs:
SPX following closely behind:
and IWM breaking out of the downsloping channel:
SPX following closely behind:
and IWM breaking out of the downsloping channel:
Sunday, May 11, 2014
$GM Channel Targets
Interim results of the April '14, 40 stock channel targets list update can be found here.
Friday, May 09, 2014
Thursday, May 08, 2014
$IWM and $DJIA Support and Resistance
While the DJIA tested resistance at the January-April '14 highs:
IWM tested support at the April '14 lows:
SPX futures are starting their record 7th day of indecision:
IWM tested support at the April '14 lows:
SPX futures are starting their record 7th day of indecision:
$DJIA Breakout Level
DJIA testing the January and April '14 highs again:
Going for it -- strong market breadth all morning.
Going for it -- strong market breadth all morning.
Wednesday, May 07, 2014
The Tale of Two Markets
While the SPX managed to claw its way back above the pivot line, and finished the day neutral, continuing the consolidation in place since March:
the NDX has been in a correction during that same period, and seems to be building the right shoulder of a head and shoulders pattern going back to October '13:
the NDX has been in a correction during that same period, and seems to be building the right shoulder of a head and shoulders pattern going back to October '13:
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