
Trending the SP500 SPX using proprietary cycles. A mechanical program (excel formula's) and the use of Advanced Get (Elliot waves) to both visually show what my spread sheet offers and how Advanced Get understands it. I'm also using a MOON COUNT that has been working nicely! Use at your own risk to supplement your own work. Jerry
Sunday, August 8, 2010
The Bull remains
Even thought we closed on a B/S pivot I remain bullish. First we had vix dn +spx dn = up Monday or next day usually. I like the vix bearish attitude of late. We had a low on the 5th day of month that usually means we rally into OE week. (Sample below, a good high or low in first few days usually inverts) Nor a'm I over-bought. But on the other hand a take out of 1107 and for sure 1100 Spx would change things fast. You can't sleep at the switch with this light volume. Net net the week is UP.

Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.