Daily S&P 500 INDEX TRACKER

[ananda77]

...short-term support now sits *1390 - another challenge *1390 can not be ruled out once market volume back to normal; especially consider the current advance during an extended holiday WE.

Kind Regards

[ananda77]

What if Money didn't matter?
http://pragcap.com/what-if-money-didnt-matter

Kind Regards

[winner69]

This guy says 40% to 70% overvalued

Some good secular stuff here as well hoop

http://hussman.net/wmc/wmc121126.htm

[ananda77]

Trader Update -data point 29 November 2012-

charts: http://www.spx500dailyindextracker.blogspot.com
...following script, the push into the *1400 resistance followed base building apparent in the *1380/*1390 congestion range - the 28 November 2012 index traded higher intraday *1409.84 accumulating off *1385.43, just ticks above current 200-dsma *1384.09
...as a result, further upside is expected to challenge the 50-dsma current *1423.36 as a minimum with view to test descending trend line current *1459.87 drawn off the 14 September Year 2012 High *1474.51

Kind Regards

[ananda77]

Trader Update -data point 10 December 2012-

charts: http://www.spx500dailyindextracker.blogspot.com
...the SPX 500 traded past its *1416 pivot to close the 7 December 2012 Trade *1418.07 following apparent support *1398.15 on the 5 December 2012 - further upside is expected for a test of the descending trend line current *1456.17 drawn off the 14 September Year 2012 High *1474.51

...the bull market continues to limp along - just- and hangs on by a thread at this stage

Kind Regards

[dumbass]

i have spent some time over the last few days looking over the charts and it does look like the storm clouds are gathering , it looks like there is a fair chance we are back into a bear market.

next couple of weeks should confirm !

[ananda77]

Trader Update -data point 3 January 2013-


http://www.spx500dailyindextracker.blogspot.com
...WOW...right up for the 2012 TOP test

http://www.spx500dailyindextracker.blogspot.com
...following Long Term Trending Fed. Liquidity_Institutional Investors_Foreign Inflows since November 2012, the scary moment happened in a short break of the short term support line - comparing liquidity inflows with institutional buy_sell patterns for the same period, it has become abundantly clear, the Fed QE3 program, like before provides the CASH to not let this market go to waste...well until an unemployment rate of 6.5%

Kind Regards and A Successful New Year

[ananda77]

Trader Update -data point 9 January 2013-

http://www.spx500dailyindextracker.blogspot.com
...the SPX500 consolidates below the 2012 *1474.51 Top with the 21 December 2012 High *1444_the 21-dsma current *1433.96 (= the 50% retrace of *1467.94/*1398.11) as attractive immediate short term targets

...a successful defence of the target area will propel the index past the *1474.51 Top with an intermediate *1521 in view

...failing the immediate short term targets signals weakness followed by a test of the 2 January 2013 Low *1426.19 as a minimum

Kind Regards

[ananda77]

SPX 500

...a break for the market in process -in for a bit of protection-

Kind Regards

[ananda77]

Trader Update -data point 21 January 2013-


http://www.spx500dailyindextracker.blogspot.com
...past the 21 December 2007 High *1475.83, Friday's *1485.98 slightly above Thursday's *1485.16 - bullish consensus determined to tackle the 14 December 2007 High *1523.57 ahead

http://www.spx500dailyindextracker.blogspot.com
- sweet and while the break in the market continues to prepare, the short term overbought last week correcting to reach out towards the 14 December 2007 High *1523.57 ahead

http://www.spx500dailyindextracker.blogspot.com
- however, while the market may continue its bullish ascend towards the *1523 mark, the market is exuberantly complacent with close to 91% stocks in positive strength

http://www.spx500dailyindextracker.blogspot.com
- while inflowing liquidity eats up most selling since November 2012, institutions have been sellers into the trend

...as a result, instead of holding up the basket for more to come securing the harvest for a downpour appears to make sense

Kind Regards