The ValueLine Arithmetic charts are surprisingly strong in the long term. The USD, bond yields, and banking index remain in strong downtrends.
Entries Tagged as 'Market Outlook'
Weekend Outlook – 06Dec09
December 7th, 2009 1 Comment
Tags: Banks-Financials · Bonds · Market Outlook · US Dollar (USD) · Value Line Arithmetic Index (VLE)
Weekend Outlook – 29Nov09
November 29th, 2009 4 Comments
The market is against resistance after a 60-70% move up from the March low.
Tags: Gann Emblem · Market Outlook
Weekend Outlook – 15Nov09
November 15th, 2009 4 Comments
The Dow Jones Industrial Average from 1929-1942 has provided a near perfect Roadmap of the Nasdaq since 2000 (as perfect as things get in the markets). Price bounced 63% from March to November 1938 just as it has bounced about 71% this year.
Tags: Market Outlook · Roadmap
Weekend Outlook – 18Oct09
October 18th, 2009 3 Comments
I see everyone is excited about this great move back to “new highs” and ready to jump back in with both feet. Well, not everyone. Not you, of course. But everyone else. I put the recent market move into perspective.
Tags: Gann Square · Market Outlook · Nasdaq Charts (IXIC)
Weekend Outlook – 04Oct09
October 4th, 2009 No Comments
Yesterday I showed the SPX in daily, weekly, and monthly charts. Today I want to look at some ranges of the ValueLine Arithmetic Index (VLE).
Weekend Outlook – 27Sep09
September 27th, 2009 2 Comments
The ValueLine Arithmetic Index (VLE) continues to show amazing strength as the rally moves beyond 200 calendar days from the March low. Price remains above the 2×1 angle of the 2007-2009 bear market and, in my opinion, should not be shorted.
Tags: Market Outlook · Nasdaq Charts (IXIC) · Value Line Arithmetic Index (VLE)
Weekend Outlook – 20Sep09
September 20th, 2009 5 Comments
Price continues to climb the 1×1 angle which is inverse to the slope of the bear market decline from 2007-2009. Price has been moving up well over 180 from the March low and shows no signs of weakening.
Tags: Market Outlook
Weekend Outlook – 13Sep09
September 13th, 2009 No Comments
The charts are strong as the 180 day cycle has come and gone. Weakness would not be unexpected this week based on time cycles. But the price and time slopes are very strong and should not be shorted even if price does roll over.
Tags: Gann Square · Market Outlook · Value Line Arithmetic Index (VLE)
Weekend Outlook – 05Sep09
September 5th, 2009 No Comments
The Nasdaq Composite has bounced on low volume and does not look oversold which is required to take out major resistance above.
Tags: Market Outlook · Nasdaq Charts (IXIC)
Weekend Outlook – 30Aug09
August 30th, 2009 No Comments
The long term SP500 swing chart remains very weak and short term strength should come to an end as the 180 day cycle approaches.
Tags: Inflation-Deflation · Market Outlook
Weekend Outlook – 23Aug09
August 23rd, 2009 9 Comments
The SP500 index is moving to 180 days off the March low and a blowoff top would be a clear signal to exit long positions.
Tags: Gann Emblem · Market Outlook · SP500 Index · Swing Charts
Weekend Outlook – 09Aug09
August 9th, 2009 3 Comments
The market has been climbing for about 150 days with only a 30 day correction. This shows the market is strong but also that time is running out on this rally.
Tags: DJIA-Dow Crash 1929-1942 · Market Cycles · Market Outlook
Weekend Outlook – 02Aug09
August 2nd, 2009 3 Comments
Two separate resistance angles should put pressure on addition price appreciation of the SP500 index.
Tags: Market Outlook
Weekend Outlook – 26Jul09
July 26th, 2009 2 Comments
The market is overbought but I am guessing price will rise for a few more weeks before correcting for several months.
Tags: Advance-Decline · Gann Emblem · Market Outlook · McClellan Index
Weekend Outlook – 19Jul09
July 19th, 2009 No Comments
The internals are pointing higher for the Nasdaq. The Advancing minus Declining volume continues to make a new highs along with the Nasdaq. The NAUD is actually leading the Nasdaq Composite higher.
Tags: DJIA-Dow Crash 1929-1942 · Market Internals · Market Outlook · McClellan Index · Nasdaq Charts (IXIC)
Weekend Outlook – 12Jul09
July 12th, 2009 No Comments
The market is in the right position to move up in the next week or two from 5-10% below the current level. At the minimum, I expect a test of the high before this move is complete.
Tags: Gann Emblem · Market Outlook · Nasdaq Charts (IXIC) · Square of 9 · Value Line Arithmetic Index (VLE)
Weekend Outlook – 05Jul09
July 5th, 2009 No Comments
A long term comparison of the Dow in 1929 to the Nasdaq in 2000 show the markets in sync. A continuation of the move beyond 60% would signal that long positions are becoming higher in risk.
Tags: DJIA-Dow Crash 1929-1942 · Market Outlook · Roadmap · Value Line Arithmetic Index (VLE)
Weekend Outlook – 28Jun09
June 28th, 2009 No Comments
The Nasdaq has been correcting for 15 days off the high and another 15 days with setup a the market in a bullish position.
Tags: Gann Emblem · Market Outlook · McClellan Index · Nasdaq Charts (IXIC)
Weekend Outlook – 21Jun09
June 21st, 2009 No Comments
Price has worked off the overbought condition while price has held onto almost all of the gains off the March double bottom low.
Tags: Double Bottom · Market Outlook · Nasdaq Charts (IXIC)
Weekend Outlook – 14Jun09
June 14th, 2009 2 Comments
The Nasdaq Composite chart from 2000 appears to be the great grand child of the chart of the Dow Jones Industrials from 1929-1938.
Tags: DJIA-Dow Crash 1929-1942 · Market Outlook · Nasdaq Charts (IXIC) · Roadmap