1 reply to this topic

[Bob-C]

Hi everyone, here is the weekly SPX chart which depicts a negative cross of the 20 WEMA under the 50 WEMA. The weekly Fast STO and Slow STO have crossed negatively below their signal lines. The weekly StochRSI has topped and is headed down.

Here is the daily SPX chart which depicts a negative cross of the 20 DEMA under the 50 DEMA. The daily Slow STO has crossed negatively below its signal line.

Cheers,

Bob-C

[Bob-C]

Hi everyone, the SPX is still hanging on by a thread and IMHO, will fall hard during the January OPEX period. Here is the SPX six-monthly-daily linear-regression (LR) chart.

http://charts.prophet.net/servlet/ChartServer?symbol=$spx&width=1360&height=700&price.display=3&duration=6m&frequency=0&price.scale=1&VOL=&hideevents=1&barsofar=1&LRC=100,,&MACD=5,17,5&MOM=7,,&STO=14,3,3&BB=20,2,&scheme=blugray&snapquote=1&service=ProphetSnapCharts&scsave=1&randomize=1.1942886695087353.png&realtime=1.png


Here is the SPX two-year-daily LR chart:

http://charts.prophet.net/servlet/ChartServer?symbol=$spx&width=1360&height=700&price.display=3&duration=2Y&frequency=0&price.scale=1&VOL=&hideevents=1&barsofar=1&LRC=100,,&MACD=5,13,3&MOM=7,,&STO=14,3,3&BB=20,2,&scheme=blugray&snapquote=1&service=ProphetSnapCharts&scsave=1&randomize=1.1942886695087353.png&realtime=1.png


Here is the SPX one-year-weekly LR chart:

http://charts.prophet.net/servlet/ChartServer?symbol=$spx&width=1360&height=700&price.display=3&duration=1Y&frequency=1&price.scale=1&VOL=&hideevents=1&barsofar=1&LRC=100,,&MACD=5,34,5&MOM=7,,&STO=14,3,3&BB=20,2,&scheme=blugray&snapquote=1&service=ProphetSnapCharts&scsave=1&randomize=1.1942886695087353.png&realtime=1.png

Here is the SPX five-year-monthly LR chart:

http://charts.prophet.net/servlet/ChartServer?symbol=$spx&width=1360&height=700&price.display=3&duration=5y&frequency=2&price.scale=1&VOL=&hideevents=1&barsofar=1&LRC=100,,&MACD=12,26,9&MOM=7,,&STO=14,3,3&BB=20,2,&scheme=blugray&snapquote=1&service=ProphetSnapCharts&scsave=1&randomize=1.1942886695087353.png&realtime=1.png

Here is the SPX daily chart with Full STO, MACD, and TRIX.

IMHO, SPX is looking weak and ready to fall from the upper TL of a broadening-bottom formation.

Here is the SPX daily TL chart:

http://chart.nu/char...8&filter=21.png

Here is the SPX daily chart:

The SPX daily Full STO has turned down and has crossed negatively under its signal line. Both the PPO and the MACD have inflected negatively and are about to cross under their signal lines.

Here is the SPX weekly TL chart:

http://chart.nu/char...06&filter=5.png

The SPX appears ready to drop down from the upper TL of its downward channel towards the lower downward TL.

Here are the SPX daily, weekly, and P&F Gallery Charts. The P&F bearish projection for the SPX is 810.

Cheers,

Bob-C