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.

Limbo Land Between Bulls and Bears

 You're Confused?

 SPY 20 Day, Hourly - 8.16.11 - Support on 20 Day Moving Average - Looking for Momentum to go Higher.

VIX/SPY Divergence - 8.16.11 - Weak Movement to the Upside - Lackluster On Balance Volume in So-So Support.  Bullish Rally at Risk to Fail.

Volatilty has Become the Norm!

 Hang in There for the Ride - Buckle the Seat Belts

 SPY 8.11.11 - 20 Day, Hourly - Seeking Support while Reaching for the Trend Line - Consolidation may Take Some Time before the Next Major Move

VIX/SPY Divergence Chart - 8.11.11 - Note the Divergence of On Balance Volume (White Line) moving in opposition to price action.  This suggest weakness in the move to the upside (but then there is the weekend to consider).

What Works for One Works for All

 You Have Not Seen Anything Yet.  Just Wait 'til I Take on the Stock Market!

 

SPY 2 Year, Weekly - 8.10.11 - Support Could Give Us a Lift.  But, the Next Step is Up for Grabs.

 SPY 20 Day, Hourly - 8.10.11 - Decline Continues

VIX/SPY Divergence Chart - VIX and SPY in Consolidation - Next Move Uncertain.

For Lack of a Plan!

 Knock!  Knock!  Is Anybody Home?

 SPY 2 Year, Weekly - 8.8.11 - Dramatic Market Drop to Support from May.  Will it Hold?  The Fed meets on Tuesday.

 SPY 20 Day, Hourly - 8.8.11 - New Lows - Seeking Support - On Balance Volume in Decline

VIX/SPY Divergence Chart - 8.8.11 - Acceleration noted in price action. The Market is Very Oversold but that is not a Brake.

Market Votes on Washington Histrionics

 It's Up to Us to Clean Up the Mess - Come on America!

 SPY 20 Day, Hourly - 8.5.11 - The Market Does Not Go Down Forever.  The Current Environment is Very Negative.  Perhaps We Should Look for a Bounce on Monday?

PIX/SPY Divergence (VD Test) - On Balance Volume has been overlain on the SPY Chart.  The Mode is Very Bearish.  Considerable Work by the Bulls is Needed to Even Make a Dent.  On the Positive Side the Bad News is Already Out There.  "Do the Bears Have Any More Bullets?"

Market in Free Fall - Looking for Support

 The Bear Attack Continues

 SPY 20 Day, Hourly - 8.4.11 - Signs of Recovery Not Close at Hand

VIX/SPY Divergence Chart - VIX Spiked Over 30.00 - Divergence Widens - Bearish Mode

Bear Revenge

 Hungry Bears are Dangerous

 SPY 20 Day, Hourly - 8.3.11 - Bounce into the Devil's Den - Relief Bounce but not yet showing Reversal

VIX SPY Divergence Study - Remains Bearish