Saturday, July 16, 2011

Daily & We maybe trending higher weekly

Spx for Monday 18th

Friday we hit 1316.70 resistances closing under it.

Monday we have proprietary S/R cash (gspc or spx) 1312.16 and if we go under it a drop could come fast.

What’s Bullish

1-My charts look bullish.

2- Inside day = bullish to me

3-Vix negative = bullish

4- I had a major oversold condition 4 days ago even as we work lower it creates a bullish divergence.

5-I have a 2 day sell on my trend model =VST bullish but alert.

6 -OB/OS Indicator says bottom.

6a- T/Bottom indicator is 80 pts from top.

6b - % vol is bullish my indicator.

7- Advanced Get still holding a wave 4 so 5 is up.

8- ISee @ 61

What’s bearish.

Support must hold 1312.16 or 1298 for AGET.

News

Earnings unknows

1309.87

1320.05

S1-------------------------- R1---------------- Green day of Green week.

Bottom line bullish but will adjust above notes as week unfolds.



All this bad news and we can't go down


SPX could be heading for test of 1355 again

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.