Click chart to enlarge.
Wednesday, September 29, 2010
Tuesday, September 28, 2010
Latest update
Just updating from yesterday vacation mode :)
Aggressive sell for today spx 1119
For Wed based on 3:37 Today @1146.52 aggressive sell spx 1123
Aggressive sell for today spx 1119
For Wed based on 3:37 Today @1146.52 aggressive sell spx 1123
Saturday, September 25, 2010
On hold
I can't generate another number till we flat line again. All CIT's come when the market flat lines because tops roll.
Perhaps Tuesday and Friday = a double top but need more info.
Trend is up till I can get a reading. Spx 1125 gap interesting and needs to be watched.
Perhaps Tuesday and Friday = a double top but need more info.
Trend is up till I can get a reading. Spx 1125 gap interesting and needs to be watched.
Friday, September 24, 2010
Close but to what?
We did hit the high Tuesday and perhaps you nibbled short there.
I'm on watch for an aggressive sell at 1112 spx for Friday. I don't think it will happen since other work suggest we are closer to a low. Let the market speak.
Since 9-17 we have followed the market up with sell numbers of course not realistic till today.
(test 1079,1084,1083,1092,1102,1112)
Since 1112 is only good for Friday,I suspect we rally some and close on a new sell number higher than 1112.
We want to see what comes first.
I'm on vacation but will try to do a last hr run of data.
J
Remember this is a trending model it will not pick exact tops or bottoms.
LOY projected to be 11-16-10 +/- 2 TD price unknown.
I'm on watch for an aggressive sell at 1112 spx for Friday. I don't think it will happen since other work suggest we are closer to a low. Let the market speak.
Since 9-17 we have followed the market up with sell numbers of course not realistic till today.
(test 1079,1084,1083,1092,1102,1112)
Since 1112 is only good for Friday,I suspect we rally some and close on a new sell number higher than 1112.
We want to see what comes first.
I'm on vacation but will try to do a last hr run of data.
J
Remember this is a trending model it will not pick exact tops or bottoms.
LOY projected to be 11-16-10 +/- 2 TD price unknown.
Saturday, September 18, 2010
Hedging top Monday or Tuesday
We have reached what is looking like a C.I.T. (change in trend )area.
The model is offering yesterday spx 1079, Friday 1084, so the fact it is now offering
numbers means a small position in a bearish ETF is now fruitful.
We could based on cycles have a higher high Monday and or Tuesday ( Fed day) based on
the 55TDH from 1010 low 7-1-10 or a minor 144TDH from the last time we saw a number
under 1086.02 from 2-25-10 minor low.
From there we went straight up to 12xx.
Based on all this we should see major low 11-16-10 +\- 2 TD
What level I wish I knew.
So be on top alert next few days NIBLE short with stops.
I will post the actual aggressive sell when it hits.
Pressure model has now dropped below 50 warning of weakness.
We don't have to take out 1131.47 to have a top. The first number is a throw away the exhaustion number or second number is king.
Jerry O
The model is offering yesterday spx 1079, Friday 1084, so the fact it is now offering
numbers means a small position in a bearish ETF is now fruitful.
We could based on cycles have a higher high Monday and or Tuesday ( Fed day) based on
the 55TDH from 1010 low 7-1-10 or a minor 144TDH from the last time we saw a number
under 1086.02 from 2-25-10 minor low.
From there we went straight up to 12xx.
Based on all this we should see major low 11-16-10 +\- 2 TD
What level I wish I knew.
So be on top alert next few days NIBLE short with stops.
I will post the actual aggressive sell when it hits.
Pressure model has now dropped below 50 warning of weakness.
We don't have to take out 1131.47 to have a top. The first number is a throw away the exhaustion number or second number is king.
Jerry O
Wednesday, September 15, 2010
Top by Monday
For Wednesday (15th) I have a 144TDL (from 2-19H) Blue day some type high @ 10:30amET
Trend model still bullish.
Pressure gave a warning to day the trend maybe changing.
Trend model still bullish.
Pressure gave a warning to day the trend maybe changing.
Sunday, September 12, 2010
Trend is UP, top watch
On Top watch.
OOps,
I made an oops when I failed to belive my trend program.
I should have offered an aggressive buy on 9-2 @ 1080.39 the best you could have go, with a gap up open. Next on 9-7 it offered a 1104 cit that hit on 9-9 had I reported it a better price was at hand.
SO TREND IS UP.
I will add a target of either 1121 squaring 1039 or a fib of 1130 all Spx
What we want is a shot to one of these numbers then a close below day before.
I will add we have UP pressure at this time since that secret number is above 50.
We also had a small move in a ratio that offers a big move. ( could be round trip)
Support 1091 both break even and real support.
Will the boyz come back and sell this???
OOps,
I made an oops when I failed to belive my trend program.
I should have offered an aggressive buy on 9-2 @ 1080.39 the best you could have go, with a gap up open. Next on 9-7 it offered a 1104 cit that hit on 9-9 had I reported it a better price was at hand.
SO TREND IS UP.
I will add a target of either 1121 squaring 1039 or a fib of 1130 all Spx
What we want is a shot to one of these numbers then a close below day before.
I will add we have UP pressure at this time since that secret number is above 50.
We also had a small move in a ratio that offers a big move. ( could be round trip)
Support 1091 both break even and real support.
Will the boyz come back and sell this???
Thursday, September 9, 2010
CIT in the works.
Breaking above 1105 spx if it holds, puts the trend to up.
I don't know :( I'm in denial fighting my model :)
So many have the EOY at spx 1250 based on earnings that are as we know, from cuts not expansion .
I don't know :( I'm in denial fighting my model :)
So many have the EOY at spx 1250 based on earnings that are as we know, from cuts not expansion .
Compression week working
Compression week is working as the tight range is getting ready to bust out, as I start to get over bought
Lets put some numbers on this. Resistance at 1105 still holding.
Spx 1105 we rally, 1090 we test lower.
Longer term to see how important this R line @ 1105 really is,is this chart of the SPX market. We test the lower line again it won't be friendly.
Click chart to enlarge..................................
Lets put some numbers on this. Resistance at 1105 still holding.
Spx 1105 we rally, 1090 we test lower.
Longer term to see how important this R line @ 1105 really is,is this chart of the SPX market. We test the lower line again it won't be friendly.
Click chart to enlarge..................................
Sunday, September 5, 2010
Resistance 1105 spx
Strong resistance at 1105 Spx. Downtrend line, fib hit and SQ 180 degree from 1039 hit.As far as the trending model it offered a aggressive buy at 1080.39 (9-02) not reported.
We have a bullish CIT if we remain above 1088 for Tuesday.
Next few days should tell us if this was a violent bear rally or there is legs under this market.
Our 1122& 1082 purchase we covered at 1070/71 or at the market when I posted that info, so at least 62 spx points bagged that should be at least +$1500 depending on the 2 etfs.
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