Trade the Cycles

Wednesday, March 03, 2010

SPX's Monthly Upcycle Since 2-5-10 Might Have Peaked Today 3-3

SPX's Monthly Upcycle since 2-5-10 might have peaked today 3-3, see http://bit.ly/i0nsT. Note today's bearish black candle (close below the open) with a spike.

Trading Roadmap: WATCH SPX's 1115.71 downside gap/magnet early tomorrow, see 5 day chart http://bit.ly/3qGxf3.

The 5 day intraday SPX Wall of Worry (SPX vs VIX) is very bearish, see http://bit.ly/vryF4.

The 5 day DJUSFN/WMT/XOM Lead Indicators are modestly bearish/extremely bearish/very bearish, see http://bit.ly/90I4Mz.

Follow me on Twitter (highly recommended), see http://twitter.com/tradethecycles.

Nothing discussed on this Blog is a recommendation, or, should be construed as investment advice.

Labels: , , , , , , , , , , , ,

posted by Joe Ferrazzano at 1:41 PM

5 Comments:

  • Also WATCH SPX's 1104.49 downside gap/magnet from Monday 3-1's open; 5 day chart http://bit.ly/3qGxf3

    By Blogger Joe Ferrazzano, at 1:56 PM  

  • Check out the much updated Trade the Cycles Google Site, see http://sites.google.com/site/tradethecycles/

    By Blogger Joe Ferrazzano, at 2:10 PM  

  • Fed Credit fell a significant -$6.710 Billion in 5 day period ending 3-3-10, see http://bit.ly/Ys2ds, which is a bearish indication.

    By Blogger Joe Ferrazzano, at 2:48 PM  

  • I added a Periodic Updates page on the Trade the Cycles site, see http://sites.google.com/site/tradethecycles/periodic-updates, which has some fresh content today 3-4-10.

    By Blogger Joe Ferrazzano, at 2:51 PM  

  • 3-5-10: SPX's (S & P 500, http://bit.ly/i0nsT) Monthly Upcycle since 2-5-10 appears to be peaking, see http://bit.ly/i0nsT. SPX is probably in a Short Term Wave 5 Upcycle since 2-25-10, see http://bit.ly/i0nsT.

    By Blogger Joe Ferrazzano, at 1:11 PM  

Post a Comment

<< Home