The Big Picture -- The Big Churn 1997-2021 (Est. 30 August, Earth Year 002,001)

Peter Robinson Author is a PRO member Rank: 59 Followers: 15 Votes: 30 Years Member: 13 Last Update: 27 August 2014, 5:01 Categories: General Market Commentary

(8/27 -- 0449 EDT) -- Asia and Europe blink? -- SPX futures stuck at 2000?
Overbought SLOITC's aligning. [pp. 3-4]

(8/26) -- Shooting Star doji on pathetic volume -- a top? [top p. 2]
(8/25) -- Bingo at SPX 2000, as DAX tops 9500 -- Plenty of negative divergences in daily and 60-minute charts. [top p. 2]
(8/24) -- SPX 2000 is the next stop? -- daily BB(20) is just above [p. 2] -- DAX blasts up through 9400.
(8/21) -- BB(20) resistance to kick in?
(8/20) -- Follow the money supply. [p. 1 -- SPX monthly chart @ middle -- daily chart near bottom]
(8/18) -- DAX NegDiv to SPY -- low volume -- ominous rising wedge.
(8/17) -- 'Seven Year Itch' Santa Rally to SPX 2100 is back ON? -- If the daily MA(20) and MA(50) are now support, the sky is the limit IMO.
(8/11) -- DAX rockets up off 9000 support.
(8/9) -- DAX at 9000 and SPY MA(322) is The Canary in the Coal Mine.
(8/1) -- Ominous end of month on strong volume -- All CME S&P E-mini futures take a uniform dive down.

http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500.html

(5/31) -- Low VIX similar to the mid-1990's and mid-2000's IMO. [p. 7]
(5/29) -- Main Engine BPNYA still strong. [bottom 1/2 p. 6] -- Summer melt-up here we come?
(4/23) -- 'Seven-year Itch' Santa Rally to SPX 2100 has started?
(11/24/13) -- SPX going exponential? -- Does this rate of rise look sustainable? [end of list]
(2/11/13) -- The Big Churn (1997-2021) is about two-thirds over IMO. [1st chart -- posted 8/30/2001]


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A1.05 -- SPX -- MONTHLY 1980-2002 -- THE BIG PICTURE

(5/20/13) -- See 2001 SCC newsletter after this list was established:

http://stockcharts.com/commentary/archives/cww20010909h.html


(3/5/12) -- This chart was first posted on August 30th, Earth Year 002,001.

(4/22/002,006) -- Warren Buffett on hair triggers:

'There are more people [like hedge-fund managers] that go to bed at night with a hair trigger than ever before, it's an electronic herd, they can give vent to decisions that move billions and billions of dollars with the click of a key. We will have some exogenous event - we will have that. There will be some kind of stampede by that herd?

'When you have far greater sums than ever before, in one asset class after another, that are held by people who operate on a hair-trigger mechanism, then they lend themselves to more explosive outcomes. People with very short time horizons, with huge sums of money - they can all try to head for the exits at the same time. The only way you can leave your seat in burning financial markets is to find someone else to take your seat, and that is not always easy ...'

http://money.cnn.com/2005/05/01/news/fortune500/buffett_talks/

A10.33 -- $SPX - Monthly 1998 to 2013 -- Is this a top?

A10.35 -- $SPX - Monthly Candlesticks, 1024 (w/Buttons)

A10.51 -- $SPX - Weekly -- Santa Rally to be limited by BB(322)?

A10.51 -- $SPX - Weekly 2014 -- Santa Rally to be limited by BB(322)?

A10.57 -- $SPX - Weekly -- 1600 or higher top?

A10.81 -- BB(20) shortfall -- SPY - Daily Candlesticks, 1280

A10.83 -- B157.95 -- SPY - Daily Doji cluster TBD 2 JULY 2013

A10.85 -- A1.15 -- $SPX - Daily Candlesticks, 780

A10.87.2 -- $DAX - Daily Solid Line (thin), 1024

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