Tag Archives: NDX

WEEKLY ANALYSIS 0505

BULLS HAVE REGAINED THE CONTROL After four consecutive failed attempts of breaking above the April 11 peak at 1597 (Probably on Friday there were trillions of short stops above 1600), with a better than expected NFP, SPX carried out a … Continue reading

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SPX: Follow Up of the Short Term EWP

REVERSAL OF THE SHORT TERM TREND We now have enough reasons to respect the fact that price is laying the foundations of a trend reversal.

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WEEKLY ANALYSIS 0407

I MAINTAIN UNCHANGED THE CALL OF A TEMPORARY TOP Therefore my strategy is to sell the rip.

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WEEKLY ANALYSIS 0216

I don’t usually write a title for my updates but this time I do write one: THE PROBABILITY FAVORS A LARGE PULLBACK If in the last two weeks you have been reading my daily SPX updates you must be aware … Continue reading

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SPX: Follow Up of the Short Term EWP

If my short-term scenario is panning out then we are getting close to a substantial retreat which will not endanger the intermediate up trend but should result in a 4%-6% pullback. We can raise the SPX pivot support at yesterday´s … Continue reading

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SPX: Follow Up of the Short Term EWP

If the reasons I have explained in my last weekend update materialize in a large pullback remains to be seen but judging from the bulls stampede from the European equity markets which will most likely have a negative effect on … Continue reading

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SPX: Follow Up of the Short Term EWP

I know, lately my daily updates are getting really boring, but I cannot change my scenario. There is no change: The probability of a pullback is overwhelmingly much higher than the odds that the up leg form the December 31 … Continue reading

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WEEKLY ANALYSIS 0127

This weekend I will begin the Technical update reviewing one of the two Ending Diagonal options that I have discussed in my last SPX Update of the Long-Term Count on January 6.

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SPX: Follow Up of the Short Term EWP

During last week negative short-term breadth indicators (McClellan Oscillator) and an overbought momentum were suggesting that the odds of a pullback were increasing. But price negated a “healthy” pause as buyers overwhelmed the few bears left in the market.

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SPX: Follow Up of the Short Term EWP

Fiscal Cliff is the name of the game. Good news hit the tape = Market goes higher It seems obvious that some type of an agreement will be sealed before December 31 and consequently SPX will most likely follow the … Continue reading

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