Daily S&P 500 INDEX TRACKER

[ananda77]

Trader Update - data point 18 March 2011 -

Trading Environment:

-Institutional selling action _ 'selling limits' expanded _ downtick in uptrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-VIX 26.37_long-term resistance 32.70 _ D/Vol sideways range_ 25 New Lows
-New Lows: 25 _ below danger 26-zone _ below panic zone 50 (+)

Confirming weakness:

-NYSE _ (= hft-zone) _ negative strength
-SPX 500 'sell' trigger March 15_ C-RSI 30 -2.30 strength
-Long Term Trending Fed- and Foreign net-Liquidity Inflows _ 'uptick' _ in low expansion territory _ close to contraction
-Leadership stock ratio: -0.89 bearish advantage
very high market risk level

Today's Session:

...the SPX 500 extended to intraday *1289 but so far, the market failed to push the retrace up past the March 15 High *1288_the *1291 level

......below the March 15 High *1288 _ current *1291 level, risk remains high for a re-test of short-term trendline support current !269_the March 16 Low *1249. Any possible, intraday down spike within this double bottom scenario should bring out buyers en masse at the current *1218 level max.

,,,however, sustained trading above the March 15 High *1288 _ current *1291 signals the expected rally to retrace to current *1380/*1420 is already underway

Kind Regards

[Phaedrus]

[ananda77]

Trader Update - data 22 March 2011 -

Trading Environment:

-Institutional selling action _'selling limits' expanded _downtick in uptrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-Long Term Trending Fed- and Foreign net-Liquidity Inflows _ 'uptick' _now in mid expansion
-VIX 20.61_long-term resistance 32.70_D/Vol sideways range_9 New Lows
-New Lows: 9_below danger 26-zone_below panic zone 50 (+)
-Leadership stock ratio: +o.29 bullish advantage

Confirming weakness:

-SPX 500 'sell' trigger March 15
-NYSE_(= hft-zone)_negative strength

Intraday: positive_mixed bias
Conservative: cash

Today's Session:

...the SPX 500 consolidated gains above the March 15 High *1288 to intraday *1293. Uptick power above the intraday Low so far subdued and further downside is possible to re-test the break-out zone *1281/*1288

...a successful defense of *1281/*1288 support keeps the index on track into the *1305/*1316 congestion with possible extensions reaching into the March Peak so far *1332_the February Peak *1344

Kind Regards

[ananda77]

Trader Update - data point 23 March 2011 -

Trading Environment:

-Institutional selling action _'selling limits' expanded_uptrend/downtrend decision pending (chart: http://www.spx500dailyindextracker.blogspot.com)
-Long Term Trending Fed- and Foreign net- Liquidity Inflows _ 'downtick' _ in mid expansion
-VIX 20.21_long-term resistance 32.70_D/Vol sideways range_9 New Lows
-New Lows: 9_below danger 26-zone_below panic zone 50 (+)
-Leadership stock ratio: +0.27 bullish advantage

Confirming weakness:

-SPX 500 'sell' trigger March 15
-NYSE_(= hft-zone)_negative strength

Intraday: positive_mixed bias
Conservative: cash

Today's Session:

...the SPX 500 continued consolidating gains above the March 15 High *1288 to intraday *1284 and has managed a successful defense of the *1281/*1288 support so far

...above *1281/*1288 support, the index remains on track into the *1305/*1316 congestion with possible extensions reaching into the March Peak so far *1332_the February Peak *1344

Kind Regards

[Phaedrus]

[ananda77]

Trader Update -data point 25 March 2011-

Trading Environment:

-SPX 500 'buy' trigger pending_ C-RSI 30 +3.37 strength
-Institutional selling action _'selling limits' expanded_downtrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-Long Term Trending Fed- and Foreign net- Liquidity Inflows _ 'uptick' _ mid expansion
-VIX 18_below 20 stress level_long-term resistance 32.70_D/Vol sideways range_13 New Lows
-New Lows: 13_below danger 26-zone_below panic zone 50 (+)
-NYSE_(= hft-zone)_positive strength
-Leadership stock ratio: +0.55 bullish advantage
------------------------------------
Stocktiming.com recommend:

positive intraday bias
Conservative_cash
11am: SPX 500 'buy' Alert
-----------------------------------

Today's Session:

...the SPX 500 pushing higher again today breaking above above the *1305/*1316 congestion intraday suggesting potential upside extension into the March Peak current *1332_the February Peak *1344 on track

... looking ahead, the current March Peak *1332_the February Peak *1344 resistance will be a formidable barrier from where an overbought sell-off will force the index to correct into the current *1254/*1265 zone minimum

Kind Regards

[ananda77]

Trader Update -data point 28 March 2011-

Trading Environment:

-SPX 500 'buy' trigger March 25 _ C-RSI 30 +4.01 strength
-Institutional selling action _'selling limits' expanded_downtrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-Long Term Trending Fed- and Foreign net- Liquidity Inflows _ 'uptick' _upper expansion
-VIX 17.81_below 20 stress level_long-term resistance 32.70_D/Vol sideways range_6 New Lows
-New Lows: 6_below danger 26-zone_below panic zone 50 (+)
-NYSE_(= hft-zone)_positive strength
-Leadership stock ratio: +1.00 bullish advantage

----------------------------------
Stocktiming.com recommend:

positive intraday bias
Conservative_long
---------------------------------

Today's Session:

...the SPX 500 extended again in an attempt to push into the current March Peak *1332_the February Peak *1344 resistance amidst neutral internals and weak up-momentum. The Try got thumbed early at intraday *1320 so far

...as a result, expectations of a pending top between today's *1320_the current March 3 Peak *1332 remain in place. Further out, the February Peak *1344 is unlikely to fall in a first test

...an overbought sell-off will force the index to correct into the current *1256/*1281 zone

Kind Regards

[ananda77]

Trader Update -data point 29 March 2011-

Trading Environment:

-SPX 500 'buy' trigger March 25 _ C-RSI 30 +3.35 strength
-Institutional selling action _'selling limits' expanded_downtrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-Long Term Trending Fed- and Foreign net- Liquidity Inflows _ 'downtick' _mid expansion
-VIX 18.93_below 20 stress level_long-term resistance 32.70_D/Vol inside range_12 New Lows
-New Lows: 12_below danger 26-zone_below panic zone 50 (+)
-NYSE_(= hft-zone)_positive strength
-Leadership stock ratio: +0.65 bullish advantage

Confirming weakness:

...abrupt liquidity pull-back yesterday

----------------------------------
Stocktiming.com recommend:

mixed intraday bias
Conservative_long
---------------------------------

Today's Session:

...the SPX 500 tries to recover from yesterday's liquidity drain, albeit with unconvincing up-tick power

...as a result, expectations of a pending top between today's *1320_the current March 3 Peak *1332 remain in place. Further out, the February Peak *1344 is unlikely to fall in a first test

...an overbought sell-off will force the index to correct into the current *1256/*1281 zone

Kind Regards

[ananda77]

Trader Update -data point 1 April 2011-

Trading Environment:

-Institutional selling action _'selling limits' expanded_downtrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-SPX 500 'buy' trigger March 25_C-RSI 30 +6.09 strength
-Long Term Trending Fed- and Foreign net- Liquidity Inflows _ 'sideways tick'_high expansion
-VIX 17.74_below 20 stress level_long-term resistance 32.70_D/Vol inside range_13 New Lows
-New Lows: 13_below danger 26-zone_below panic zone 50 (+)
-NYSE_(= hft-zone)_positive strength
-Leadership stock ratio: +2.02 bullish advantage

Confirming weakness:

-New Highs downtrend suggesting market fatique (chart: http://www.spx500dailyindextracker.blogspot.com)

----------------------------------
Stocktiming.com recommend:

positive intraday bias
Conservative_long
---------------------------------

Today's Session:

* bullish: > *1319 on track to take out February Peak *1344_view to *1358
* Close < *1319_consolidating range *1305/*1332
* Close <*1305_bearish reversal to *1275 minimum

Kind Regards

[ananda77]

Trader Update -data point 4 April 2011-

Trading Environment:

-Institutional selling action _'selling limits' expanded_downtrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-SPX 500 'buy' trigger March 25_C-RSI 30 +7.05 strength
-Long Term Trending Fed- and Foreign net- Liquidity Inflows _ 'uptick'_high expansion
-VIX 17.40_below 20 stress level_long-term resistance 32.70_D/Vol inside range_11 New Lows
-New Lows: 11_below danger 26-zone_below panic zone 50 (+)
-New Highs_potential for new uptrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-NYSE_(= hft-zone)_positive strength
-Leadership stock ratio: +2.56 bullish advantage

Confirming weakness:
-Short term liquidity trend_higher risk for a corrective move (chart: http://www.spx500dailyindextracker.blogspot.com)

----------------------------------
Stocktiming.com recommend:

positive to mixed intraday bias
Conservative_long
---------------------------------

Today's Session:

* bullish: > *1319 on track to take out February Peak *1344_view to *1363
* Close < *1319_consolidating range *1307/*1338
* Close <*1307_high risk for bearish reversal to *1273 minimum

Kind Regards