S&P 500 - Triple Screen 'Technical Analysis' - 'ATH' Once more :- Week: 14 October to 18 October, 2013.

S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 18 Oct'13

S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from Aug' 2011 onward - as on 18 Oct'13

S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from July'2013, onward - as on 18 Oct'13

Learning from the Past Week:  (click here for the previous post)

Patterns:

• After holding the 'Three Inside up' (study) in progress #M1, last week, Bulls rise to new 'All Time Highs' (ATH).  

Support & Resistance:

• The short Term Channel Top was resistance for the Bulls last week  #D1.
• 5 EMA on the EOD was the support #D1.

Moving Averages:  

• Aggressive Bulls keep above the 5 EMA on EOD all last week #D1.

Indicators:

• RSI 13 below the overbought #W2.
• Month Chart Oscillator remains below the over-bought, after the August Close #M2.

Wrap:

Bulls keep the 'Three Inside Up' in progress on the Long Term .. and make a new 'All Time High'

Looking forward into the next Week:

Patterns:

• On the Long Term Chart the Bullish 'Three  Inside Up' (study) continues to be in-progress for October ..

Support & Resistance:

• 34 EMA  and 200 SMA on the Short Term Chart are Support for the Bulls, while the 'All Time High' Line and the Channel Tops #D1 are resistances.

Moving Averages:

• Staying above the 5 EMA on the EOM #M1 - shows long term strength of the Bulls.

Indicators:

• RSI staying below the oversold, with its divergence to Price apparent #W2, plus for Bears.
• Stochastic 34 3 4 staying in the over bought zone, works for the Bulls #D1

Wrap:

Bulls expect the 'Three Inside Up' #M1, forms in October - Bears see 'life' below the 5 EMA on the EOW #W1.