Major Indexes

QQQ Jan 15th, 2019

XLF Jan 9th, 2019

XLF SPY Financial stocks going from red to green. Strong banks, strong markets.

QQQ Jan 7th, 2019

$NYMO Jan 4th, 2019

SPX Jan 4th, 20149

Weekly view

SPY Jan 4th, 2019

SPY Jan 2nd, 2019

GS Jan 2nd, 2019

GS This classic drop to pop (red to green) move this morning telling me we could see more from the financial sector and bullish for overall markets.

VIX Dec 28th, 2018

VIX Confirming bearish expectations. Expecting lower being bullish for overall stock market.

SPY Dec 27, 2018

It’s important to understand these points of resistance are not necessarily bearish points but simply guidelines to help us on how to best navigate through this market.

DJIA Dec 27th, 2018

Another strong day in the stock market.

VIX Dec 27th, 2018

Reversal likely (bearish)  And bullish for the market.

SPY 26th, 2018

SPY Already has made up for the record “Christmas Eve” loss and then some.

XLF Dec 26th, 2018

A nice reversal attempt going on here (potential setup to move higher) for financial stocks. Strong banks, strong market.

SPX Dec 24th, 2018

Such a weak close after an extreme sell off can be bullish. I’m thinking the market likely get a bounce.

NYMO Dec 24th, 2018

Extreme. Potential reversal (not confirmed)

SPX Dec 21st, 2018

SPY Dec 20th, 2018

VIX Dec 20th, 2018

VIX Dec 17th, 2018

VIX Dec 11th, 2018

SPY Dec 10th, 2018

Intact So we’re not totally out of the woods yet, however this certainly isn’t the type of action that shorts wanted to see today. I continue to believe there’s better buy opportunities here versus potentially chasing stocks at higher levels.

SPY Dec 4th, 2018

Currently trading in a range.

$NIMO Nov 30th, 2018

Signaling, acceleration mode.

DJIA Nov 28th, 2018

DJIA Nov 27th, 2018

DJIA Worth noting that the last time I was strong on long positions on October 30th, 2018 is when the Slow Stochastics here crossed positive. This time, they’re crossing again.

SPX Nov 27, 2018

SPY Nov 26th, 2018

VIX Nov 26th, 2018

NYMO Nov 23rd, 2018

SPX Nov 21st, 2018

DJIA Nov 15th, 2018

VIX Nov 15th, 2018

VIX Nov 9th, 2018

If nothing else this warrants reason for caution in long positions.

SPY Nov 6th

IWM Nov 2nd

VIX Nov 2nd

Oct 31st DJIA

Oct 31st

Acceleration mode

NYMO Oct 30th

IWM Oct 30th

VIX Oct 29th

SPY Oct 24th

DOW Oct 11th

DJIA Sept 28th

SPY Sept 20th

DOW Sept 20th

XLF Sept 18th

SPY Sept 11th

SPY August 24th

Still seeing good upside potential from this point. Expecting higher.

NYMO August 17th

XLF August 17th

SPY August 15th

VIX August 15th

SPY August 6th

QQQ August 1st

For now holding the mark. I understand it’s August but I’m trusting in what I see and long here on stocks unless it’s proven otherwise.

SPY July 27th

SPY July 23rd

SPY XLF  This overall action on the major indexes along with the financial stocks rebounding off support telling me we could certainly move higher from here.

XLF July 20th

XLF  I continue to like these bank stocks or ETF’s (while low) setting up. Expecting higher however will not be suggesting at higher levels to help keep risk reasonable with good upside potential here. FAS GS BAC MS AXP etc.

DJIA July 17th

SPY July 9th

DJIA July 6th

SPY July 5th

NYMO July 5th

IWM July 3rd

QQQ July 2nd

QQQ June 2nd

SPY June 28th

VIX June 28th

SPY June 25th

DJIA June 25th

June 19th

Just doesn’t look like the VIX that bears used to know and love.  And remains bullish for the overall markets.

XRT June 18th

XRT June 15th

SPY June 4th

DJIA June 4th

QQQ May 31st

IWM May 30th

SPY May 30th

XLF May 29th

IYT May 24th

SPY May 24th

SPY May 21st

IWM May 16th

SPY May 10th

SPY May 8th

NYMO May 4th

SPY May 4th

SOXL May 4th

SPY May 3rd

SPY May 3rd

NYMO May 1st

QQQ May 1st

SOXL April 27th

SPY April 27th

SPY April 26th

SPY April 26th

DJIA April 25th

VIX April 25th

SPX April 20th

IWM April 12th

IWM April 11th

VIX April 11th

SPY April 9th

DJIA April 4th

SPY April 4th

XLF April 4th

VIX April 4th

$NYMO April 4th

$NYMO April 3rd

SPX March 15th

SPX March 15th

QQQ March 8th

QQQ  For the last 3 trading sessions closed above this important level of resistance, now support.

DJIA March 8th

XLF March 8th

VIX March 7th

VIX  Indicating fear leaving the markets.

SPY March 5th

XLF March 5th

VIX March 2nd

IWM March 2nd

SPY Feb 28th

SPY Feb 15th

$NYMO Feb 13th

SPY Feb 12th

SPY Feb 12th

SPY Feb 7th

SPY We’re not out of this mess just quite yet.

SPY Feb 2nd

SPY You don’t need to wait for stocks/markets to go considerably lower before believing they’re likely to do so.

UVXY Feb 2nd

SVXY Feb 2nd

Some may consider this a fine line but when combined with other indicators like SPY, etc., I’m not anxious here to be calling any bottom

SPY Feb 2nd

SPY Jan 31st

IYT Jan 31st

TRAN “transportation sector”  Continues to be the weaker sector in these markets.  A bit of a red flag on the bullishness on other major indexes.

IYT Jan 25th

SPY Jan 25th

SPY  It all looks good however runs like this in a tight range eventually change. Keep an eye on this lower line for intial support.

SPY Feb 12th 2016

DJIA Jan 15th 2016

So far the only thing we really know is that we’re in a correction.
A great example of why not to guess longer term market action.

Double click / tap to enlarge.