Fed day

SPX up+vix up =down day maybe 80% of the time.
Buy/sell pivot at spx 1122 aggressive and wippy.

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.

Put the 6th on watch. but bullish

Above chart is max pain about 1075 Spx for Aug . Do we have to go down no but it does add downside pull. I have the 6th as a 8TD and 24TD high so I need to watch that. It's amazing how the 5th TD of each month can be a major high or low leading to OE on the 20th (OEX).
The 6th is also the 5thTD like 3-6-09 if ones remember that event. (major low)
For Thursday I 1116 as a pivot B/S agressive to wiping, nothing to do with today's low. My indicator are still not overbought. 1168 anyone?

Back and fill.

Market personality of late looks to continue. We rally come back to a pivot and rally again. Yesterday B/S pivot was 1108, not to worry I said, today it’s 1112 possible we hit it before a close higher. Just happens to be a ballpark 50% retrace.

I keep saying spx 1168 is doable. If W(2) 1060-W(3)1125 is 65 points,W(4)1101 +65 =1166

As long as the vix is in a down trend and my 3 price based cycles are in up trend, how can I get bearish? Bulls are rare so far.

Bullish not for Day traders

Remain bullish, Monday action suggest a high Thursday. I'm not over bought either. I do have a B/S pivot at 1108 not to worry.:)

MOB ( not complete) is looking at 8-9 high ( see chart)

MACD target suggest more time is needed since it is slow.

Target is SPX 1168 at least.

Never invest your money on a thought on the internet.

Chart below.

Still bullish less 1070 falls

I have 3 cycles still projecting up, and AGET to 1168 or 1225 spx. We are in a cliff hanger area. If 1070 falls on a close basis and the macd does a crossover then the rally could fail. Lets watch my pivot at 1100 for Monday and expect a test of Friday's low only to recover from either buy the dip's or bears in fear, covering their shorts. Thinking Friday 6th will be H.O.W. based on an 8 TD, a 3*8TD and 13+13 (Sat-Sun)TD pattern +/- all from 7-1-10 ( spx 1010)

pivot tight

Buy - sell pivot is 1101 spx for Friday.

29th 30th July 2010

Having Internet issues so will post what I think next 2 days. Not much technical damage today. (wed)
Sell number have moved up from spx 1099,1102, now 1103 for Thursday however I have Thursday 29th up based on blue days.
7-13 Blue was up, 7-12 was down, so 29th up?
Low at 10:30 +/-15m would support that.
Also will add my 15degree chart below looking for I think a high on the 30th (End of Month window dressing,-- all ready?)
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Some are real Good.

Still bullish 28th weakness best guess.

A take out of spx 1102 pivot will put me in VST sell mode.This is Wednesday of Orange week

Last Orange wk 6-28 dn hard Next one on 7-6 up hard.

This week a split? Up/dn ish

Vix hitting 21.86 is a hint of down.Watch Dax for strength or weakness. twin mkts

S1 last 2 Red, dn, next one was up, so tomorrow dn. 28^th

28^th is also my 119td low.

Other than that we are in an uptrend for weeks.Thinking buy the dips less 1056.88 spx is taken out.

I think we are in a speculative 5^th wave and the reason I say that is my

Penny stock has come alive PTSC.ob (Patriot Scientific) and that is what Advance Get has as a wave.

Not trading advice.

Chart below of the Bull I see!

Bullish if

Bullish why not.
3-Cycle models are all up ,days,wks,month.
Looking at my chart you see the MACD crossover pattern.
We have broken above down trend line.
AGET has us finishing a Wave 5 targets 1115.77
to 1168.98 SPX
Thoughts-Still look for a high 26th, 8td and a low 28th based on the 119 td count
8-17-09L+119, 2-5-2010L+119,= 7-28-2010L. That low could be fast and bounce off 1056
The 26th high should have a vix under 22.99 if not lower,best case adding to short term OB conditions.