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

Peter Robinson Author is a PRO member Rank: 71 Followers: 14 Votes: 27 Years Member: 13 Last Update: 31 October 2014, 11:59 Categories: General Market Commentary

(10/31 -- 0417 EDT) -- SPX to test recent highs ~2010, following Nikkei and DAX. [1st chart]

(10/29) -- SPX 1965 support at MA(50) and MA(100) looks important IMO. [bottom p. 1]
See the 60-minute charts for details at corresponding moving averages. [top p. 2]

(10/29) -- ALERT: Uniform overbought SLOITC's. [bottom p. 2 to bottom p. 4]
(10/28) -- Right shoulder forming to top out at SPX 1985? [new 1st chart]
(10/27) -- Sleigh bells jingling in the distance? -- Santa Rally may be primed and ready to go at MA(50).
(10/25) -- Top forming? -- Monthly candlestick long tails are a heads up, similar to 2000 and 2007 tops IMO. [end of list @ bottom p. 13]
(10/21) -- Three White Soldiers gap up and leap over MA(200).
(10/16) -- Options Week ends -- the quality of the bounce off MA(322) will be the tell here IMO -- SPX MA(200) at 1900 is just above. [p. 1]
(10/14) -- DAX breach of EMA(409) is a game-changer, or a bottom? [end of list]
(10/12) - Options Week -- futures stabilizing, but still below SPX 1900 in all time frames. [link below]
(10/10) -- DAX closes below 8800 -- recent action looks gruesome. [end of list]
(9/1) -- Full Steam Ahead -- monthly chart is bullish IMO -- strong August candlestick.
(8/1) -- 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]
(5/29/14) -- Main Engine BPNYA still strong. [bottom 1/2 p. 6 and p. 7] -- Summer melt-up here we come?
(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. [p. 1 -- posted 8/30/2001]
(6/11/12) -- 'Seven-year Itch' Triple Top at SPX 2100?


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These charts and notes are for educational and entertainment purposes only.
Do not rely on them to make investment decisions -- perform your own due diligence.
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Less

$$$ -- A10.59 -- $SPX - Weekly 2014 -- Santa Rally to be limited by BB(322)?

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

(8/28/14) -- See Buffett quote below on Hair Triggers, and watch DAX open in the morning.

(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)

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

A10.58 -- $SPX - Weekly -- Santa Rally to be limited by BB(322)?

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

A10.87.3 -- SPY - Daily Candlesticks, 780

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