Daily S&P 500 INDEX TRACKER

[ananda77]

(Part I)

Typical macho man married typical good-looking lady, and after the wedding, he laid down the following rules:

'I'll be home when I want, if I want and at what time

I want -- and I don't expect any hassle from you.

I expect a great dinner to be on the table unless

I tell you that I won't be home for dinner.

I'll go hunting, fishing, boozing, and card-playing

when I want with my old buddies, and don't you

give me a hard time about it.

Those are my rules. Any comments?'

His new bride said:

'No, that's fine with me. Just understand that there will be sex

here at seven o'clock every night...whether you're here or not.'

(DARN SHE'S GOOD!)

************************************************

Marriage (Part II)

Husband and wife had a bitter quarrel on the day of their 40th wedding anniversary!

The husband yells, 'When you die, I'm getting you a headstone

that reads, 'Here Lies My Wife -- Cold As Ever'!'

'Yeah?' she replies. 'When you die, I'm getting you a headstone

that reads, 'Here Lies My Husband -- Stiff At Last'!'

(HE ASKED FOR IT!)

*****************************************

Marriage (Part III)

Husband (a doctor) and his wife are having a fight at the breakfast table.

Husband gets up in a rage and says, 'And you are no

good in bed either,' and storms out of the house.

After some time he realizes he was nasty and

decides to make amends and rings her up.

She comes to the phone after many rings, and the irritated husband

says, 'What took you so long to answer to the phone?'

She says, 'I was in bed.'

'In bed this early, doing what?'

'Getting a second opinion!'

(YEP, HE HAD THAT COMING, TOO!)

*****************************************

Marriage (Part IV)

A man has six children and is very proud of his achievement.

He is so proud of himself, that he starts calling his

wife,' Mother of Six' in spite of her objections.

One night, they go to a party. The man decides that it is time to go home

and wants to find out if his wife is ready to leave as well. He shouts

at the top of his voice, 'Shall we go home Mother of Six?'

His wife, irritated by her husband's lack of discretion,

shouts right back, 'Any time you're ready, Father of Four.'


(RIGHT ON, LADY!)

*****************************************

THE SILENT TREATMENT

A man and his wife were having some problems at home

and were giving each other the silent treatment.

Suddenly the man realized that the next day he would need his wife

to wake him at 5:00 AM for an early morning business flight.

Not wanting to be the first to break the silence (and LOSE), he wrote on a piece

of paper,'Please wake me at 5:00 AM .' He left it where he knew she would find it.

The next morning the man woke up, only to discover it

was 9:00 AM and he had missed his flight.

Furious, he was about to go to see why his wife hadn't wakened him when he

noticed a piece of paper by the bed. The paper said, 'It is 5:00 AM . Wake up.'

[ananda77]

Trader Update -data point 26 May 2011-

Trading Environment:

-Long Term Trending Fed- /Foreign net- Liquidity Inflows_'sidewaystick' in low expansion territory
-New Lows: 36 > 28 - danger zone < panic zone 50

Confirming weakness

-SPX 500 'Sell' Alert 23 May 2011_C-RSI-30 -0.46
-SPX 500 C-RSI 9 < C-RSI 30
-Institutional selling action_'sidewaystick' in uptrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-Short term liquidity trend_negative_'sidewaystick'_daily inflows negative 'uptick'_positive divergence (chart: http://www.spx500dailyindextracker.blogspot.com)
-VIX 17.07 > 15.23 support < 20 stress level_long-term resistance 32.70_D/Vol 'downtick'
-New Highs Trending Indicator: 64 < 180 minimum target
-NYSE_(= hft-zone)_C-RSI 30 -2.25_negative NYA-Momentum
-Leadership stock ratio: -0.06 very low bearish advantage

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

* negative to mixed intraday bias_very high risk levels

* Conservative: May 16_upside potential < downside risk = 'go to cash'_May 23 'Sell' Alert
---------------------------------

Today's Session:

hedged *1378

...another weak start due to unimpressive data but evidence of a stabilizing market mounting - now the market needs to clear *1324 into a Close to reach out towards the current *1339 resistance just below the February High *1344 - below *1324 risk remains high for further near term weakness to affirm *1295/*1282 to establish a stronger base
...a Close above *1344 would invite a bullish attempt to go for the April uptrend High *1371

Kind Regards

[ananda77]

Trader Update -data point 31 May 2011-

Trading Environment:

-Long Term Trending Fed- /Foreign net- Liquidity Inflows_'uptick' in low expansion territory
-Short term liquidity trend: 'uptick' in negative territory_daily inflows 'uptick' in positive territory (chart: http://www.spx500dailyindextracker.blogspot.com)
-Leadership stock ratio: +0.29 bullish advantage
-New Lows: 8 < 28 danger zone < panic zone 50

Confirming weakness:

-SPX 500 'Sell' Alert 23 May 2011
-SPX 500 C-RSI 9 < C-RSI 30
-Institutional selling action_inflection point in uptrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-VIX 15.98 > 15.23 support < 20 stress level_long-term resistance 32.70_D/Vol 'sidewaystick'
-New Highs Trending Indicator: 88 < 180 minimum target
-NYSE_(= hft-zone)_C-RSI 30 +0.66_negative NYA-Momentum

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

* positive intraday bias_ risk levels remain high

* Conservative: May 16_upside potential < downside risk = 'go to cash'_May 23 'Sell' Alert

Today's Session:

hedged *1378

...the SPX 500 buckled under pressure at intraday *1345 due to incoming weak data but downticks have not done any damage (yet) to the bounce off last week's Low *1312

...if the market fails to close above the May 19 High *1347 soon, risks remain high for further near term downside to affirm the April 18 Low *1295 (possibly the March 21 Low *1282) before finding a stronger floor - trading below current *1325 confirms weakness

...a Close above *1344 would invite a bullish attempt to go for the April uptrend High *1371

Kind Regards

[ananda77]

Trader Update -data point 01 June 2011-

Trading Environment:

-SPX 500 'Buy' Alert 01 June 2011C-RSI 30 +5.0
-Long Term Trending Fed- /Foreign net- Liquidity Inflows_'uptick' in mid expansion territory
-Institutional selling action_downtrend confirmation (chart: http://www.spx500dailyindextracker.blogspot.com)
-Short term liquidity trend: 'uptick' into positive territory_daily inflows 'uptick' in positive territory (chart: http://www.spx500dailyindextracker.blogspot.com)
-Leadership stock ratio: +0.74 bullish advantage
-New Lows: 10 < 28 danger zone < panic zone 50

Confirming weakness:

-SPX 500 C-RSI 9 < C-RSI 30
-VIX 15.46 > 15.23 support < 20 stress level_long-term resistance 32.70_D/Vol 'sidewaystick'

-New Highs Trending Indicator: 152 < 180 minimum target
-NYSE_(= hft-zone)_C-RSI 30 +3.39_negative NYA-Momentum

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

* positive intraday bias

* Conservative: Conditional June 01 'Buy' Alert (Russell and Nasdaq still on 'Sell' Alert)

-----------------------------------

Today's Session:

hedged *1378

...a Close above *1347 would invite a bullish attempt to go for the April uptrend High *1371

...the SPX 500 clobbered today and trades below the 50% mark of the May 25 Low *1312 - high risk for further weakness to re-test the Low *1312 - high risk for follow through lower to affirm the April 18 Low *1295 (possibly the March 21 Low *1282) before finding a stronger floor

...a successful defense in the support would be the start of a consolidation period that would eventually lead the index higher into the *1400 (+) current upper resistance level

Kind Regards

[ananda77]

Trader Update -data point 02.June 2011-

Trading Environment:

-Long Term Trending Fed- /Foreign net- Liquidity Inflows_'downtick' into low expansion territory
-Institutional selling action_'uptick' in downtrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-Leadership stock ratio: +0.13 bullish advantage


Confirming weakness:

-SPX 500 May 23 'Sell' Alert
-SPX 500 C-RSI 9 < C-RSI 30
-Short term liquidity trend: 'downtick' slight negative_daily inflows 'downtick' into negative (chart: http://www.spx500dailyindextracker.blogspot.com)
-VIX 18.05 > 15.23 support < 20 stress level_long-term resistance 32.70_D/Vol 'sidewaystick'
-New Highs Trending Indicator: 118 < 180 minimum target
-New Lows: 38 > 28 danger zone < panic zone 50
-NYSE_(= hft-zone)_C-RSI 30 -2.46_negative NYA-Momentum

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

* mixed intraday bias

* Conservative: May 16_upside potential < downside risk = 'go to cash'_May 23 'Sell' Alert

-----------------------------------

Today's Session:

hedged *1378

...penetrating the May *1312 suggests - high risk for further weakness for follow through lower to affirm the April 18 Low *1295 (possibly the March 21 Low *1282) before finding a stronger floor

...a successful defense in the support would be the start of a consolidation period in the *1282/*1295_*1371 range that would eventually lead the index higher into the *1400 (+) current upper resistance level

Kind Regards

[ananda77]

Trader Update -data point 03 June 2011-

Trading Environment:

-Long Term Trending Fed- /Foreign net- Liquidity Inflows_'downtick' in low expansion territory
-Institutional selling action_'uptick' in downtrend_high risk for reversal (chart: http://www.spx500dailyindextracker.blogspot.com)

Confirming weakness:

-SPX 500 May 23 'Sell' Alert
-SPX 500 C-RSI 9 < C-RSI 30
-Short term liquidity trend: 'downtick' in negative_daily inflows 'downtick' in negative (chart: http://www.spx500dailyindextracker.blogspot.com)
-VIX 18.08 > 15.23 support < 20 stress level_long-term resistance 32.70_D/Vol 'sidewaystick'
-New Highs Trending Indicator: 82 < 180 minimum target
-New Lows: 45 > 28 danger zone < panic zone 50
-NYSE_(= hft-zone)_C-RSI 30 -2.57_negative NYA-Momentum
-Leadership stock ratio: +0.04 neutral

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

* mixed intraday bias

* Conservative: May 16_upside potential < downside risk = 'go to cash'_May 23 'Sell' Alert

-----------------------------------

Today's Session:

hedged *1378

...the SPX 500 extended losses today but ticked up off the April 18 Low *1295 - uptick power remains unconvincing so far into the session - high risk of further slippage to affirm the March 21 Low *1282 -

...a successful defense in the support would be the start of a consolidation period in the *1282/*1295_*1371 range that would eventually lead the index higher into the *1400 (+) current upper resistance level

Kind Regards

[ananda77]

Trader Update -data point 07 June 2011-

Trading Environment:

Confirming weakness:


-Long Term Trending Fed- /Foreign net- Liquidity Inflows_'downtick' into contraction territory
-SPX 500 May 23 'Sell' Alert
-SPX 500 C-RSI 9 < C-RSI 30
-Institutional selling action_'uptick' in uptrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-Short term liquidity trend: 'downtick' in negative_daily inflows 'downtick' in negative (chart: http://www.spx500dailyindextracker.blogspot.com)

Note: daily inflows in oversold

-VIX 18.49 > 15.23 support < 20 stress level_long-term resistance 32.70_D/Vol 'upticking'
-New Highs Trending Indicator: 40 < 180 minimum target
-New Lows: 63 > 28 danger zone > panic zone 50
-NYSE_(= hft-zone)_C-RSI 30 -6.85_negative NYA-Momentum
-Leadership stock ratio: -0.75 bearish advantage

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

* negative intraday bias - NYA on suppport - daily liquidity inflows oversold = potential for intraday corrective up-move

* Conservative: May 16_upside potential < downside risk = 'go to cash'_May 23 'Sell' Alert

-----------------------------------

Today's Session:

hedged *1378

...violation of the April 18 Low *1295 signals high risk of further slippage to affirm the March 21 Low *1282/short term support current *1278 before a stronger floor may be established

...the SPX in for a corrective bounce from oversold - uptick power uncompelling below current *1316 -

...unless *1316 taken out convincingly on a Close basis, risks high for another draft down into the *1282/*1278/*1268/*1256 support cluster

...a successfuk defense would be the basis for an immediate recovery with a market likely to remain sideways between the March High *1371 and support

Kind Regards

[ananda77]

Trader Update -data point 08 June 2011-

Trading Environment:

Confirming weakness:

-Long Term Trending Fed- /Foreign net- Liquidity Inflows_'uptick' into contraction territory
-SPX 500 May 23 'Sell' Alert
-SPX 500 C-RSI 9 < C-RSI 30
-Institutional selling action_'downtick' in uptrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-Short term liquidity trend: 'downtick' negative_daily inflows 'uptick' negative (chart: http://www.spx500dailyindextracker.blogspot.com)

Note: daily inflows oversold

-VIX 18.07 > 15.23 support < 20 stress level_long-term resistance 32.70
-New Highs Trending Indicator: 38 < 180 minimum target
-New Lows: 57 > 28 danger zone > panic zone 50
-NYSE_(= hft-zone)_C-RSI 30 -6.33_negative NYA-Momentum
-Leadership stock ratio: -0.81 bearish advantage

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

* negative intraday bias - NYA on suppport - daily liquidity inflows oversold = potential for intraday corrective up-move

* Conservative: May 16_upside potential < downside risk = 'go to cash'_May 23 'Sell' Alert

-----------------------------------

Today's Session:

hedged *1378 - adding long positions slowly

...the SPX 500 continues its decline and hit the *1282/*1278/*1268/*1256 support cluster with an intraday Low *1278 so far - few impediments to stop the index trading lower unless current *1314 taken out convincingly on a Close basis

...a successful defense in the *1282/*1278/*1268/*1256 support cluster would be the basis for an immediate recovery with a market likely to remain sideways between the March High *1371 and support

Kind Regards

[ananda77]

Trader Update -data point 13 June 2011-

Confirming Strength:

Confirm Weakness:

-SPX 500 May 23 'Sell' Alert
-SPX 500 C-RSI 9 < C-RSI 30
-Long Term Trending Fed- /Foreign net- Liquidity Inflows_'uptick' in contraction
-Institutional selling action_'uptick' in uptrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-Short term liquidity trend: 'downtick' in negative_daily inflows 'downtick' in negative_oversold (chart: http://www.spx500dailyindextracker.blogspot.com)
-VIX 18.86 > 15.23 support < 20 stress level_long-term resistance 32.70_D/Vol 'uptick'
-New Highs Trending Indicator: 22 < 180 minimum target
-New Lows: 92 > 28 danger zone > panic zone 50
-NYSE_(= hft-zone)_C-RSI 30 -8.6_negative NYA-Momentum
-Leadership stock ratio: -2.07 bearish advantage

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

negative to mixed intraday bias
Conservative: May 16_upside potential < downside risk = 'go to cash'_May 23 'Sell' Alert
-----------------------------------

Today's Session:

hedged *1378 - adding long positions slowly

...so far, the SPX 500 holding the March 18 Low *1272 in heavily oversold terrain but risks remain high for additional downside below *1313 to challenge the lower part *1268/*1256 of the support cluster with the 200-day MA *1251 within range

...a successful defense in the *1282/*1278/*1268/*1256 support cluster would be the basis for an immediate recovery with a market likely to remain sideways between the March High *1371 and support

Kind Regards

[ananda77]

Trader Update -data point 14 June 2011-

Confirming Strength:

Confirm Weakness:

-SPX 500 chart (chart: http://www.spx500dailyindextracker.blogspot.com)
-SPX 500 May 23 'Sell' Alert
-SPX 500 C-RSI 9 < C-RSI 30
-Long Term Trending Fed- /Foreign net- Liquidity Inflows_'downtick' in contraction
-Institutional selling action_'sidewaystick' in uptrend (chart: http://www.spx500dailyindextracker.blogspot.com)
-Short term liquidity trend: 'downtick' in negative_daily inflows 'uptick' in negative_oversold (chart: http://www.spx500dailyindextracker.blogspot.com)
-VIX 19.61 > 15.23 support < 20 stress level_long-term resistance 32.70_!D/Vol 'downtick'!
-New Highs Trending Indicator: 19 < 180 minimum target
-New Lows: 81 > 28 danger zone > panic zone 50
-NYSE_(= hft-zone)_C-RSI 30 -8.6_negative NYA-Momentum
-Leadership stock ratio: -2.78 bearish advantage

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

negative to mixed intraday bias
Conservative: May 16_upside potential < downside risk = 'go to cash'_May 23 'Sell' Alert

-----------------------------------

Today's Session:

hedged *1378 - adding long positions slowly

...the SPX 500 in for corrective treatment off the June 13 Low *1266 with a challenge of the June 3 Low *1298 overhead resistance the next likely target - impulsiveness still missing - any weak trading behavior below current *1298/*1301resistance will re-instate high risks for more downside to challenge current *1262 support with the 200-day MA *1251 within range - possibly extending down to current *1243

...a successful defense in the support range *1262/*1251/*1243 would be the basis for an immediate recovery with the June 1 High *1348 an initial target

Kind Regards