SPX - 5 CHARTS TO WATCH
#1
Posted 23 November 2008 - 07:31 PM
I was asked to post some of my charts with a short explanation as to what they suggested as to trends etc.
All charts will update, some sooner than others.
This is a 60min chart with MACD 3,13,1 overlaid on price which gives a close suggestion of price movement. If you watch it close as to the changing levels you often get a early move indication.
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=2&dy=0&i=p55170505277&a=115469967&r=110.png
This chart gives a longer time view and sometimes suggests R & S lines/turns early.
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=2&dy=0&i=p03660421365&a=155480058&r=428.png
This chart gives suggested trend changes and indicated levels. Current indication is 700 - 695.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=2&dy=0&i=p35251818485&a=155480059&r=679.png
This chart indicates the relationship between price movement and the above/below ratio of $spx/$vxo to the 89EMA of that line. Below 89 EMA price trends down & above price rises.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=1&mn=6&dy=0&i=p18701080765&a=155481023&r=882.png
This weekly chart suggest that the "bear" is in full force and has a way to go before a bottom is formed. Bounces we will get, but nothing yet suggests a bottom forming.
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=1&mn=0&dy=0&i=p16789144079&a=155481024&r=127.png
Comments and questions welcome.
mss
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#2
Posted 24 November 2008 - 09:01 AM
Remember this day, men, for it will be yours for all time.
#3
Posted 24 November 2008 - 10:39 AM
Correct on the 3,13,1 MACD level. it will often change direction or lean or stall or rise NOT in direct sync with price.Thanks for the charts. I am curious, when you say "If you watch it close as to the changing levels you often get a early move indication."
Can you provide an example in the chart or later today should there be a changing level?
I am just trying to see what changing level you are referring to, I assume Macd. If so, then I assume you are saying it will change prior to change in price.
Often is key word, NOT always.
Later today when time allows I will try and add a time line or two.
Best, mss
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#4
Posted 25 November 2008 - 09:09 AM
Remember this day, men, for it will be yours for all time.
#5
Posted 25 November 2008 - 11:02 AM
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#6
Posted 25 November 2008 - 11:10 AM
Remember this day, men, for it will be yours for all time.
#7
Posted 26 November 2008 - 01:23 PM
Remember this day, men, for it will be yours for all time.
#8
Posted 07 December 2008 - 06:44 PM
These are still good charts IMO, but a new sort of view is now in play.
The NYA appears to be range bound between 5250 - 5750 UNTIL we get a break up/down.
http://stockcharts.com/c-sc/sc?s=$NYA&p=W&yr=0&mn=6&dy=0&i=p08873266121&a=156253083&r=1835.png
mss
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#9
Posted 15 December 2008 - 07:29 PM
http://stockcharts.com/c-sc/sc?s=$ONE:$VXO&p=W&yr=5&mn=6&dy=0&i=p38053969550&a=130840936&r=2571.png
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#10
Posted 05 January 2009 - 10:53 AM
Edited by mss, 05 January 2009 - 10:54 AM.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!