Monthly Archives: January 2011

SP500 Index Market Timing: Rallying to Resistance

The SP500 index has bounced up to initial resistance on the 15 minute and 60 minute charts. If you were looking for a spot to sell, this would be it. Or you can wait for the next downswing in the … Continue reading

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SP500 Index: Not enough! The Wedge is Back in Play

The SP500 has reaffirmed the prior wedge break market timing signal assuming that the failed breakout holds into the close today. Can the market just saunter back up in the face of retail disappointment (Ford and Amazon) and the Egypt … Continue reading

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AAII Investor Sentiment is NOT in the Way – Not short term anyway

For the details please go to my AAII page here: AAII Investor Sentiment Review

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SP500 Market Timing: How much of a breakout is enough?

Well, the SP500 index DID break out above the wedge (bearish market timing signal) that I wrote about in last weekend’s SP500Tracker™. But not by much. We are at this moment (3:17 pm ET) just 3.22 points above the breakout … Continue reading

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Gold Stocks (HUI index; GDX) Run Ahead of Gold (GLD,IAU)

The GLD ETF is only up 0.02% while the gold stock ETF (GDX) is up 2.00%. Quite a difference. A market timing perspective and a fundamental perspective would BOTH be suspicious of the gold stock move. You might want to … Continue reading

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SP500 Index: Still not clear of the SELL signal

The SP500 index has still not voided the market timing signal given off when the last upward wedge was broken. (The chart is in the SP500Tracker™ newsletter that can be obtained free using the link below.) The only way the … Continue reading

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SP500 Index: You think it’s up and all is well? Think again.

The SP500 index gave a market timing signal the other day that is shown in my FREE tracking newsletter that was just out this morning. The little bump up in the SP500 index today does NOT void that SELL signal … Continue reading

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