Market Updates

Radar – Market Update

September 26, 2012
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Radar – Market Update – The SPX had the largest down day in 3 months and is approaching critical short-term support –
1.  Previous highs
2.  20MA
3. Short-Term Channel

Note: OBOS heading striaght down and has not begun to turn yet, and intermediate support is at 1408 (Intermediate channel, 50MA)

On the weekly – Potential Wave 5 of 5 (Long-Term Secular Top) in area of wave 5 Projections (1474-1494).  Note OBOS has turned lower with bearish divergence:

 

SPX Daily

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Radar/Market Update

September 20, 2012
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Radar/Market Update – inverse Head & Shoulders in play after early sell off.  Target is 1459.35:

Radar/Market Update

September 18, 2012
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Radar/Market Update – SPX has now corrected into 38% retracement, 50ma and ATR on 34-minute:

Radar/Market Update

September 4, 2012
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Radar/Market Update – SPX approaching OS level on daily chart.  1397.01 very significant in my opinion:
1. Confirm breakdown from 20ma
2. Weekly breakdown from OB level:

SPX Daily

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Radar/Market Update

August 28, 2012
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Radar/Market Update – IYT – Transports signaling major negative divergence to SP500.  IYT (blue) vs. SPY (green):

Radar/Market Update/Study

August 24, 2012
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Radar/Market Update/Study – SPX Weekly.  Note last week’s low was 1397.32.  Potential outside reversal week if we break that:

Radar/Market Update

August 17, 2012
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Interesting study via the Kirk Report.  Note that yesterday was day #10:

Kirk Study

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Radar/Market Update

July 16, 2012
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Radar/Market Update – the SPX held the 34-min ATR on the first test, similar to two previous tops.  Note right shoulder for potential H&S discussed friday is now apparent:

Radar/Market Update

July 12, 2012
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Radar/Market Update – market trading below support (see http://marintrading.com/?p=3947).  Next major support for the futures: 1304-1306:

September Emini Day Session 3min with NYSE CumTick

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Radar/Market Update

July 11, 2012
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The futures are attempting to break thru critical support at ~1329.  The SPX is at a similarly critical level (corrective channel support and 50ma) at ~1335.  A confirmed break would suggest an initial target of 1314~ on the cash:

September Emini Full Session 135min

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