Market Breadth Data******************************

Saturday, September 24, 2016

$SPY Bulls v Bears

For a break out to occur the Bulls should be able to exceed 75%:












Not a gimme with the US presidential elections in November.

Elections notwithstanding, the SP500 continues to follow the seasonal pattern:








Wednesday, September 21, 2016

$SPY Post-FOMC Analysis

Just when the SP500 and related indices broke back within the consolidation zone, market breadth is reaching overbought levels. This usually precedes a sideways/down phase necessary for the market to catch its breath :













Next calendar CIT September 28th.
Resistance at the ATH

Trading Books