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Analysis of Market Direction ... Timing is everything!

Marc Slavin Author is a PRO memberHas Had Over 100 Followers Rank: 10 Followers: 141 Votes: 219 Years Member: 7 Last Update: 20 May 2013, 11:07 Categories: Trend Analysis
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Today is 20 May 2013. The S&P 500 (at 1667) is challenging the trend line (see Chart #401). The rate of change of the market has become parabolic (having ever-increasing angles of ascent) which is unsustainable. Some sideways consolidation or downward corrective action is more and more likely. Support for the S&P 500 is now around 1600 so there is plenty of room for consolidation. That having been said, from 1995 until 2000, the market had only 2 losing quarters (see Chart #305). In addition since 2000 till the present the market has made very little progress and it is only just recently that the market has made new all time highs. Perhaps we are still in the early innings of this long term rally. Let's keep our fingers crossed and a watchful eye out for storm clouds.

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Continue to stay patient, follow your plan and always go with the trend (don't fight it!). Play it safe!
Invest in major companies or market index Exchange Traded Funds with large volumes.
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Charts are arranged in the following order:

001 - 099: Top Twenty.
100 - 199: Short Term - Daily Charts: These charts show the short term direction of the market (from a few days to a few weeks).
200 - 299: Intermediate Term - Weekly Charts: Use these charts to confirm what the Daily Charts are saying and to sense more major moves.
300 - 399: Long Term - Monthly Charts: Use these charts to sense the 'Big Picture'. Has the direction of the Market changed its Long Term Direction.
400 - 499: For Your Information - General Charts and Information of Interest.
500 - 599: Day Trades - Add some excitement to your day

Less

000.0 - Quick Buy and Sell Guide

Quick Buy and Sell Guide

001 - S&P 500 Large Cap Index ($SPX) - Daily 2 Years EMA 13/34 & MACD 20May13

This chart shows the S&P 13 Day Exponential Moving Average (EMA) in green and the S&P 34 Day EMA in red. The EMA 13 versus the EMA 34 show the direction of the broad market.

002 - S&P 500 Large Cap Index ($SPX) - Daily 2 Months 18May13

This chart shows what the S&P has done in the last 60 days and more importantly where it is likely to go in the future.

003 - S&P 500 Large Cap Index1 ($SPX) - Daily 6 Months 18May13

11 April 2013 - On 10 April an S&P500 MACD Bull cross-over occurred (see above). The more long term indicator, the EMA13 vs EMA 34, never went from Bull to Bear. This implies another Bull market surge higher is now underway. Because the market is above the Bollinger Bands, I expect the upward pace to slow until the market returns to a position within the bands.

004 - S&P 500 Large Cap Index ($SPX) - 60 min 10 Days 20May13

17 February 2013 - The next move may be down depending on the outcome of the Sequestration debate.

005 - S&P 500 Large Cap Index ($SPX) Weekly Candles % Volume Oscillator 17May13

006 - S&P 500 Large Cap Index ($SPX) - Last 6 Years Monthly 17May13

The monthly figures for the S&P 500 index show a lot of progress since the crash of 09.

007 - S&P 500 Large Cap Index ($SPX) - Last 2 Years Daily Fibonacci 20May3

008 - S&P 400 Mid Cap Index ($MID) - Daily Candles & Bollinger Bands 06May13

009 - Mid Cap 3X Leveraged Bull (MIDU) - Last 9 Months Daily 19May13

26March 2013 - A MACD crossover from Bull to Bear threatens ...

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