For Thursday, January 5th. … An Update on last week’s “Is the Market Strong or Weak?” The NYSE Index (also known as the NYA Index) is a good index to look at because of the amount of money flow it experiences from the bigger players like Institutional Investors, Hedge Funds, or Mutual Funds. So today, we [...]
Is the Market Strong or Weak?
December 28, 2011 By
Is the Market Strong or Weak? The NYSE Index, also know as the NYA Index is a good index to look at because of the amount of money flow it experiences from the bigger players like Institutional Investors, Hedge Funds, or Mutual Funds. So today, we will look at a very simple chart that tells [...]
Important S&P 500 support levels …
December 13, 2011 By
Important support levels at 1230.59 to 1227 … Today’s graph shows the S&P 500′s action for 2011. Our C-RSI indicator in red measures the strength of the underlying index. I should say that it is measuring the strength of the market on this chart because the S&P 500 is regarded as the best index for depicting the condition [...]
Don’t invest opposite of what the C-RSI is saying …
November 21, 2011 By
Some time ago, we created an indicator that we call the C-RSI. Actually, it is a zero based version of the common Relative Strength indicator. We zero based it because that quickly and instantly show’s you if an underlying security’s strength is positive of negative, and how that strength is trending. This morning, we will take [...]
What’s next … will we have a Rising or Falling Market?
October 14, 2011 By
What’s next … will we have a Rising or Falling Market? The most important market test of the past two months is NOW facing the market. Note how the market Strength has behaved on our C-RSI, 30 day indicator. It has been in a down trend since April, and it has been in Negative Territory since the end of July. That has translated [...]
What’s next … will we have a Rising or Falling Market?
October 8, 2011 By
What’s next … will we have a Rising or Falling Market? The most important market test of the past two months is coming up soon as seen on today’s chart. Note how the market Strength has behaved on our C-RSI, 30 day indicator. It has been in a down trend since April, and it has [...]
Is a Stronger Positive Divergence Building Now?
September 26, 2011 By
Monday Update on: How strong is the Stock Market now? For four weeks now, we have posted today’s chart with the answer, and we are posting the update for the chart again this morning. Take a quick look at the chart below, and you see 3 important conditions on our 30 day C-RSI Indicator. 1. The Strength on [...]
How strong is the Stock Market now? (Current Update.)
September 6, 2011 By
How strong is the Stock Market now? (Current Update.) Today’s chart gives you the answer to this important question. Take a quick look at the chart below, and you see two important conditions on our 30 day C-RSI Indicator. 1. The Strength on the New York Stock Exchange is still in Negative territory. 2. The Strength is still below its 30 day [...]
How strong is the Stock Market now?
August 30, 2011 By
How strong is the Stock Market now? Today’s chart gives you the answer to this important question. Take a quick look at the chart below, and you see two important conditions on our 30 day C-RSI Indicator. 1. The Strength on the New York Stock Exchange is still in Negative territory. 2. The Strength is still below its 30 day Resistance line. [...]
A strong NYSE Index …
March 4, 2011 By
A strong NYSE Index … The NYSE Index is an exceptionally important index to follow because of its size, composition, the fact that it embodies so many program trades, and because of the focused activity coming from Institutional Investors. So, what the NYSE Index is doing, how it is trending, and how strong it is [...]
