S&P Updates

Radar/Market Update

July 10, 2012
By

Radar/Market update – futures back to 3x resistance on 135min:
1. Neckline
2. ATR
3. 50ma

September Emini Day Session 3min with NYSE CumTick

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Radar/Market Update

July 9, 2012
By

Futures still defending important OPG Range low from gap day (6/29).  Next support is 1325 (gap fill):

Radar/Market Update

July 6, 2012
By

Market breaking down from very overbought levels:

Also note divergence in Daily SP500

NYSE Advancing Issues

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Radar/Market Update

June 21, 2012
By

Spx has broken 3-day pivot and 50ma, and now breaking uptrend line.  Next support is Inverse Head & Shoulders neckline at 1334.  Also note 1334 is 10-day ma and 50% retracement of Wave C:

SPX Daily

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Radar/Market Update

June 13, 2012
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Two different SPX scenarios:

Bullish: Potential Inverse Head & Shoulders  starting on 5/21
Bearish: Potential Head & Shoulders starting on 6/7

Radar/Market Update

June 11, 2012
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Radar – Market update – After a large gap open the futures have reversed and are now testing the 135-minute ATR.  Also note the spike was into Wave C resistance on the SPX:

135-Minute Emini

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Radar/Market Update

June 6, 2012
By

This morning’s gap up confirms a short term wave 5 of 3 Low.  Targets above:
Minimum: 1300-1310
Maximum: 1322-1335

Radar/Market Update

June 5, 2012
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This rally clearly looks corrective, not impulsive… signs not a significant low:

Market Followup

June 5, 2012
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The Market appears to have put in a short term low with a breakout of an Innverse  HS pattern on the 8-minute chart.  Also note, from group meeting discussion on dislocation, that the low was almost exactly at the projection (noted on 2-minute chart):

SPX 8-Minute

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Radar/Market Update

June 5, 2012
By

The market appears to be in the final stages of Wave 3 or C which started on 5/1/2011.  The short-term projection for Wave 5 of 5 of 3 (or C) is 1244.5.  However, longer-term projections have already been met, so a low could be made as a test of the Wave iii low at 1262.  Also note that due consideration should be given to the significant market weakness and the possibility that this wave will extend in a waterfall scenario:

SPX Daily

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