part 3

3. the technical picture looks very  interesting as the NDX made quite an upside gap and if that can be guarded over the day we had already the low but today the SPX is the weaker segment despite stronger JPM. The distress pattern of the square between Mars and Pluto comes to an end today and we could very likely see the low around 1300 SPX today for this minor correction before this final part of leg 5 up continues. We will know more at the end of todays trading session, the chart of Google looks rather weak short term as the earnings could be not as strong as some anticipate

 

Date Published Percent Bullish Percent Bearish
04/13 55.4 16.3
04/06 57.3 15.7
03/30 51.6 23.1
03/23 50.6 22.4
03/16 52.2 22.3
03/09 52.2 21.1
03/02 50.6 19.5
02/23 53.3 18.9
02/16 52.2 19.6
02/09 53.4 23.3
02/02 52.7 22
01/26 55.1 19.1
01/19 56 20.9
01/12 57.3 19.1
01/05 54.5 20.5
12/29 55.6 20
12/22 58.8 20.6
12/15 56.8 20.5
12/08 56.2 21.3
12/01 55.4 21.8
Advertisements

~ by behindthematrix on April 13, 2011.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: