Hard to call a top yet!.

Looking at stocks above 50dma it's not as high as last peak. The actual sell comes in the red zone but that leaves a lot on the table.
















To pull this together this chart of up volume has been in a sideways movement . Unless we get an extreme
movement it would be hard to call a top.

Jerry O

Why fight it.

Of course a one day breakout doesn't pass the test of time but volume has been picking up. Now high volume to me comes at tops or distribution.
If we remain on this pattern and with the 144TDH hitting early Mar we could see final targets of Spx 1402.

Downside very limited until it isn't.
( A big breakdown) not expected.

GAp dn rally to close-Thursday

I thought today looked a LOT like Jan 10th.

If that is the case we should gap lower maybe 10-10:20 Low then rally all day.









Feb 1st

Danger

Make or Break divergence and fractal

Our heads are all full of sugar plums so the the emotions are high.

We have been rebuffed here today.
See if this is going to hold or not.



click chart to enlarge.










This could make for an interesting fractal.
Manufacturing was down today and I think unemployment will be up Friday.






Visit our new friend for Astro of markets.
http://astrologyandthemarkets.blogspot.com/

Why I worry!

On this chart I have the $spx vs Neog.
Neogen is a niche company in the food safety and animal safety business.
This great divergence from the trend maybe very telling of world business.
If you read their report it has gotten real bad world wide.
The world food supplies are a must to protect so what is happening out there?

click image to emlarge

Still in sell mode.

Right on the cusip after a 2 day attempted rally, but looking like distribution to me.

Manipulation gone wild! Update Sell

This indicator has gone to a sell. If one looks where the sideways arrow are we see the average decline of a minimum of 25+ Spx points if everything is relative. And it will not be a 1 day affair.
Jerry O




















The market we have is not the market I want. I fight the fed who wants to kill the $$$. Dollar down
US market up.
I fight the Euro since they also want the market up they refuse to pump the banks. So Euro up US markets up.
Can the egg crack sure but after being bearish for 2 weeks guess we will have to get extremely over bought.
Monday the 12 th is settlement of futures so that could be interesting but only for the moment.
This is the third time we have taken a shot at the 200dma on the Spx.

I will sit back and watch.
Jerry O

Last week to bearish, same this week LOL. Thursday update

Thursday Close: We went on a 1 day Vix sell on Wednesday. Click chart to blow up size.









Topping signs are starting to show.














Some one asked me to look at the Gann line and we have perfect cross at Spx 1253 with a target on the MOB of 1133 on 12-15-11









Do to fast markets we drove back above the bull line on 11-28/29






VIX BELOW










The VIX: Going with Wealth Builder site the 200dma is a buy/sell line. Notice we were under the 54EMA ( Jerry O) as the rally to 121292.66 took place even under the 200dma for 2 days. I show this because here we are again so watch direction of the Vix next few day. AGET has a target of minium 55 on the Vix but that could take awhile, or not. Also a poster say's we had a bullish red hollow candle on the Vix Friday, so more reason to watch it..

On this spread sheet I did a simple formula to look at what happens when the market closes lower than the gap open. Not to put money on but to watch. If we have 2 days where the sell comes it tends to be bearish. Some Excel wiz could come up with a winner I bet. Green column is the signal


















Click charts to enlarge.
Spx in black line and Vix in candle

Target Spx 1020+/- 20

Day 5 of bear market.
This chart is not my buy/sell setting look at other posts. If this is 2008 action, then the drops will pick up speed.
On this chart I have days labeled as a reference could be 1T day off.
In May 1345 to Jun 1258 or (7%- 87-points)
June 1347 to Aug 1101 (18%-246 points)final was (21% -273 points to 1074) ....
Now Oct 1292 to Nov so far (10%-1158) but expect it to go to (21%- 1020) BTW 21% was very common in 2008.
Happy Holiday's

This 1020 by year end.