eur/jpy Feb 7 / 2014
Technical Analysis
S&P Closer Look Feb / 2014
Market Road Maps, SPX Road Map
The current pullback is roughly on course with a move fulfilling the wedge pattern (black dashed). Having slightly pushed through the patter, the current movement looks to be a consolidation and we watching for more drop, at least to the highlight (yellow) solid blue s/r. If the market breaks through this, we are then looking […]
S&P Channels and Regressions Feb / 2014
Channels & Regressions On both the previous and the chart above, red circles mark places of interest for the pullback that we are watching. Despite the drop experienced by the market so far, the indicator still remains in a positive trend – above the trendline on the indicator. This will need to be broken for […]
Boundary Conditions TA Feb/2014
We have been watching the boundary conditions for some time, noting the push against the upper Bollinger and waiting for a pullback. The pullback has occurred and we ar now watching to see how deep it will go. Several potential supports can be seen below the market, and these are all suggesting the market has […]
S&P Long-Term Feb/2014
Market Road Maps, SPX Road Map
The chart of the weekly long term perspective above is the view we have been following in our inter-issue updates for some time now (June 6th 2013 first appeared in updates, see lower inlay). Note the long-term view in the inlay (top left). There appears to be a 7 year cycle between tops and bottoms […]
SPX jan20 2014
Market Road Maps, SPX Road Map
WEEKLY As the markets were closed on Monday, the current chart reflects the end of last week, and last week’s bar. Current weekly bar will not be printed until the start of trading tomorrow. Chart 3 shows us the market had a large range, but ended the week only slightly negative. The W%R above the […]