And the World Goes 'Round!

• There is Symmetry and Art in the Markets

12.21.11 SPY 20 Day, Hourly - 13/34 Day Moving Average - Fundamental Range Analysis and Moving Average Crossover study.  On Balance Volume moving up which is Bullish.  Bullish crossover to the upside on the Moving Averages.  This looks Bullish to me.  What do you think?

Pot Odds - What's your roll?

 VIX at Low, SPY at High - Time for a Pause?

VIX-SPY 3 Month, Daily - Time to Return to the Mean?

Giddy Bulls!

 Laughing all the way to the Bank

 

SPY 20 Day, Hourly - 10.11.11 - Pressing resistance.  A pull back followed by a follow up assault on resistance would not be unexpected.

Bull or Bear?

 At Resistance but Signs of Momentum

SPY 20 Day, Hourly - 10.7.11 - Trend is Up but SPY at Resistance.  A Break above Resistance would be very Bullish.  Monday and Tuesday could make the difference.

Bottom Drops Out!

 Down, Down, Down

 SPY 9.23.11 - Gap Down - OBV Bullish

Approaching Trendline Resistance

 Pending Assault on Trendline

SPY 20 Day, Hourly - 9.13.11 - Range Bound Trading Pattern is Dominant.  MACD and OBV are rising and bullish.  Descending Trend Line offering Resistance to Further Advance.  Price Action is a Mid Range.  Technicals offer little help on direction from here.

Well Now? What do you know?

 Surprise, Surprise!

SPY 20 Day, Hourly - 9.12.11 - PPS Reversal Signal, Bottom of the Range, Pessimistic Sentiment -  "Time for a Rally"

Support vs Over the Cliff

 Turning Point - Up or Down?

SPY 20 Day, Hourly - 9.9.11 - Technical Analysis has its Moments.  This is a Moment.  SPY price action is at support and at the same time we can see a "Lower High" from 3 Days ago.  That is Bearish to a Technician.  The Risk in this market is both to he upside and downside.  On Balance the move appears to be to the downside.

Let's Keep it Simple

 Keep Deep when the Waves are High (Volatility)

SPY 20 Day, Hourly - 9.8.11 - PPS Roll Over.  Sell Signal - Market is Very News Sensitive.

Bounce Off Support - Can It Last?

 Market Volatility at Point of Support

SPY 20 Day, Hourly - 9.6.11 - PPS Buy Signal near Support - Max Pain Point at 124 - MACD and OBV on the Rise - Can Move be Sustained?

No Jobs, No Money, Nobuma!

 "Get the Government Out of My Way - That's All the Help I Need."

SPY 20 Day, 2 Hour - 9.2.11 - Market in Bearish Down Cycle - Point of Control at 114.00.  Point of Maximum Pain for Option Traders is 124.00.  Those are strong and opposite gravitational forces.

And I Thought it was My Turn!

 "Not What I Planned."

SPY 20 Day, Hourly - 8.30.11 - Breakout Over Resistance which has surprised the Bears.  What Next?

Tug o' War Generates Sideways Market

 

Wide and Narrow - Which Way Next?

 SPY 2 Year, Weekly - 8.26.11 - Large Drops often result is Sideways Consolidation - There are Bearish Suggestion in the Indicators.

 SPY 20 Day, Hourly - 8.26.11 - Sideways Range Bound Price Action - Bearish Suggestions on Indicators

 VIX/SPY Divergence Chart - 8.26.11 - VIX and SPY both are in Sideways Consolidation Mode.

 Gold (GLD)  - 20 Day, Hourly - 8.26.11 - And Then There is Gold - Nudging the 50 Day Moving Average - Being a Risk Alternative to Stocks it tends to be Move Opposite to the Market.

Back to the Drawing Board

 Looks Up; Goes Down - Looks Down, Goes Up

 SPY 2 Year, Weekly - 8.24.11 - Weekly Trend is Down

 SPY 20 Day, 2 Hour - 8.24.11 - Late Day Rally puts Bear Move in Doubt

 SPY 20 Day, Hourly - 8.24.11 - Range Bound Cyclical Market

VIX/SPY Divergence Chart - 8.24.11 - Convergence Confounds the Bears

Wher'd that Come From?

 And Everyone was Thinking "Down"!

 SPY 2 Year, Weekly - 8.23.11 - Weekly Charts are Great for Checking the Trend.

 SPY 20 Day, 2 Hour - 8.23.11 - Short Term Rally off of Support.  Longer Term the Trend is still Bearish.

 SPY 20 Day, Hourly - 8.23.11 - Ten Day Range Bound Market - Could Breakout Up or Down - Bias appears Down

VIX/SPY Divergence showing Convergence - On Balance Volume Supported Upward Move

Bulls are Hanging On

 Who's in Control Here?

 SPY 20 Day, Hourly - 8.22.11 - Momentum is Down

SPY 20 Day, Hourly - 8.22.11 - John Carter Indicators Suggest Bearish Trend

VIX/SPY Divergence Chart - 8.22.11 - Trend is Bearish

Tsumami Slide Continutes

 The Bulls are Under Water Big Time

 

 SPY 20 Day, Hourly - 8.19.11 - Trap Door Opened to the Downside - Take a Deep Breath!

 

VIX/SPY Divergence Study - 8.19.11 - Divergence Widens which is Bearish - On Balance Volume Leads the Way Down - (If you don't believe it, follow the action on the blog. Our hope is to make this simple and straight forward with minimal distractions)

Bears Devastate the Bulls

 Bears can take care of a China Shop too.

 SPY 20 Day, Hourly - 8.18.11 - 400 Point Drop in Dow portends Downside Momentum Underway - Bear Market Rules in Force

VIX/SPY Divergence - 8.18.11 - Lack of On Balance Volume Support led to Failure of the Weak Rally to the Upside.  The Market is now in a Momentum Move to the Downside.

Lack of Volume Support Threatens Move

 Weak Move to Upside with Little Volume Support

 SPY 20 Day, Hourly - 8.17.11 - Loss of 20 Day Support suggests a Roll Over on the way.

VIX/SPY Divergence Chart - 8.17.11 - On Balance Volume out of Sync with Weak Bullish Move.  (the white line is flat and is not tracking the price action.)  This Lack of Support suggests a Probable Rollover to the Downside.