Nasdaq-2-2013-04-27

Nasdaq Analysis

Both of these show a 40 week trough at the end of June. We should see a strong move down into that cycle trough.

dwbstreet / April 30, 2013 / Uncategorized / 0 Comments

SP500-2-2013-04-27

dwbstreet / April 30, 2013 / Uncategorized / 0 Comments

Market LookBeck II

(Reuters) – The euro rose against the dollar and yen on Monday after Italy finally formed a government, ending two months of political uncertainty, but further gains may be limited given expectations the European Central Bank will cut interest rates this week. Italy’s new prime minister, center-left politician Enrico Letta, named a coalition government on Saturday, a move that drove...

dwbstreet / April 30, 2013 / Uncategorized / 0 Comments

Market LookBeck

Dow Jones Industrial Average 14818.75 106.20 0.72% S&P 500 Index 1593.61 11.37 0.72% Nasdaq Composite 3307.01 27.75 0.85% Nasdaq 100 2866.94 26.39 0.93% Russell 2000 942.43 7.17 0.77% Spot Gold 1474.10 12.18 0.83% Crude Oil 94.73 1.73 1.86% NYSE Overall Volume 2,837,870K n/a -9.36% Nasdaq Overall Volume 1,511,658K n/a -7.79% NYSE Breadth 3.61 : 1 positive   Nasdaq Breadth 2.31...

dwbstreet / April 30, 2013 / Uncategorized / 0 Comments

130430Sectors

ShadowTrader Sector Trend Scores

Yesterday’s bullish ShadowTrader Sector breadth is the sixth bullish breadth day in the last seven trading days. Twenty one of twenty five sectors closed green. Three sectors are in overbought territory including XOI which has closed higehr eight consecutive days, along with UTY and TOB which have both closed higher five consecutive days.

dwbstreet / April 30, 2013 / Uncategorized / 0 Comments

2013-04-29-4TOS_CHARTS

dWbShadowTrader Quad

Advance Decline Breadth began the day positive and the MA’s supported it all day. Up/Down Volume was similarly carried by the moving averages. In the premarket price bounce off of yesterday’s Value Area High, and once the bears failed to take it any lower, it continued to new intraday highs, approaching the All-Time High. On the five minute interval the...

dwbstreet / April 30, 2013 / Uncategorized / 0 Comments

2013-04-29-TOS_CHARTS

Fibonacci Ticks 144-6765

Once price was able to regain support from the MA’s it carried price all afternoon. The Double Stochastics went into extremely positive territory all the way out to the 6765 Tick Interval. On TTM Squeeze the alert fired to the upside and TTM Wave A failed to completely breach the zero line, instead launching upwards. Williams Alligator carried price as...

dwbstreet / April 30, 2013 / Uncategorized / 0 Comments

Gann4.28.2013

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Economic Calendar

Economic Calendar FORECASTER OF THE MONTH | ECONOMIC PREVIEW | MARKETS | ECONOMIC REPORTS  THIS WEEK’S U.S. ECONOMIC REPORTS TIME (ET) REPORT PERIOD ACTUAL CONSENSUSFORECAST PREVIOUS MONDAY, APRIL 22 8:30 am Chicago Fed national activity index March -0.01 (3mo) — 0.12 (3-mo) 10 am Existing home sales March 4.92 mln 5.03 mln 4.95 mln TUESDAY, APRIL 23 9 am Market flash PMI April 52.0 —...

dwbstreet / April 29, 2013 / Uncategorized / 0 Comments

Upcoming Events that may move the markets

The Chicago PMI and consumer-confidence index for April are due on Tuesday, and the Institute for Supply Management’s manufacturing data will be released on Wednesday. Also on Wednesday, the Federal Open Market Committee will announce its monetary-policy decision, and on Thursday, the European Central Bank’s Governing Council meets and issues a policy decision. Rounding out the week, Friday will see...

dwbstreet / April 29, 2013 / Uncategorized / 0 Comments

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