SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 677.62-1.2%Feb 5 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Johnny Canuck who wrote (48981)1/8/2013 2:30:13 AM
From: Johnny Canuck2 Recommendations  Read Replies (2) of 70538
 
SPY consolidating just above the break out point to the new high. A little consolidation would be healthy if the next move is higher given the declining volume on this move to the new high. A break below the the old high would be a sell signal.



The DOW is weaker than the SP500 as it pulled back on accelerating volume and it did not set a new high on this run up. Traders will be cautious of going new long without a break to a new high.



DOW transports still in a strong up trend after breaking to a new high. The DOW needs to confirm this high soon.



COMPQ technically is in an up trend but it is quite weak in comparison to the other indices.



As long as the Russell 2000 does not fill the gap then the up trend should continue.



Move in the financials losing moment but it looks to want to move higher. A sell signal will only be trigger on a break of the old high.



Oil still technically on a buy signal but is only on a modest intermediate up trend. It would not take must to generate an intermediate sell signal.



Gold on an short term, intermediate and long term sell signal. No reason to go long at this point and it need to re-trace a little more to the upside before initiating a short term short.



Natural gas bouncing from a modest under sold condition but in the intermediate term it is still on a sell signal.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News