S&P 500 - Triple Screen 'Technical Analysis' - Week: 24 December to 28 December, 2012 - Bears break in..

S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 28 December, 2012

S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from Aug' 2011 onward - as on 28 December, 2012

S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Nov'2012, onward - as on 28 December, 2012

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

As pointed out last week - the Bullish Cross of the 5 EMA and 13 SMA on the EOW #3, was the key - what looked like a Bullish cross turned into a Bearish deflection giving the watchful Bear the honey...

Also as repeated for the past few weeks - the Bulls slithering along the green bottom line of the EOW Channel #3, failed to move back into it and saw a small slide.

On the long term charts - one sees a close below the 5 EMA  #1.

The EOD Channel #5 gets broken on the lower end.

Bulls see a close below the critical MVWAP 34 on the short term charts #5.

Last week saw the Bulls and Bears break 'Status quo' on the medium term and short term - Bears get the Honors.

Looking forward into the next Week:

The Ellipses marked #1,#2 and #3 indicate the focus areas on the long, medium and short term charts that we study this week.

The Bearish Deflection on the EOW #3 and the Bearish Cross on the EOD #5 of the 5 EMA and 13 SMA - indicate short term strength of the Bears - reversals here is what the Bulls look out for.

RSI moving above or below the MA #4 is another sign to notice.

STS position #2, in the oversold zone, indicate long term strength of Bulls.

Resistance continues at the EOW channel bottom #3, support is initially at the MVWAP 34, see #3 and then the '23.6% Fibonacci retrace of the Oct'07 High and Mar'09 Low' #1.

After the Bear Slide of last week - one could watch the MVWAP 34 on the Day Chart - retake of this MA by the Bulls is one of the first signs of a fightback.

S&P 500 - Triple Screen 'Technical Analysis' - Week: 17 December to 21 December, 2012 - Bulls hold on..

S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 21 December, 2012 

S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from Aug' 2011 onward - as on 21 December, 2012

S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Nov'2012, onward - as on 21 December, 2012

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

Bulls fail to move back into the Week Channel #3 - Bears nudge them out on the last day of the Week #5.
Bullish Cross of the 5 EMA and 13 SMA on the EOW #3 - looks on.

Bullish Deflecton of the above MAs on the EOD #5 also occurs.

Index continues its slithering along, at or around the bottom line of the EOW channel #3, #5.

Bulls keep above the 34 MVWAP on the EOD #5 and EOW #3.

Bears close index above the critical 13 SMA on the week charts #3.

Last week again saw the Bulls and Bears maintain status 'quo on the medium term and short term - bulls go stronger into the next week.

Looking forward into the next Week:

Bullish Cross of 5/13 MAs on EOW  #3 to be watched for, at the start of the next week.

Bulls need to move back decisively into the EOW channel to avert a slide #3.

Above the 5 EMA the Bulls retain Long Term strength  #1.

Keeping above the 13 SMA the Bulls can finally  gain entry back into the week channel #3.

Resistance continues at the EOW channel bottom #3, support is at the '23.6% Fibonacci retrace of the Oct'07 High and Mar'09 Low' #1.

Bears failed to take it down last week and now the Bulls look at breaking the impasse with a Bullish MA cross studied above.

S&P 500 - Triple Screen 'Technical Analysis' - Week: 10 December to 14 December, 2012 - Bears see Red

S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 14 December, 2012

S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from Aug' 2011 onward - as on 14 December, 2012

S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Nov'2012, onward - as on 14 December, 2012

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

Bulls fail to move back into the Week Channel #3 and Bears see a Red Candle for the week.

Bearish Deflection of the 5 EMA and 13 SMA on the EOW #3 - seems likely.

Bearish Cross of the above MAs on the EOD #5 also imminent. 

Index slithers along. at or around the bottom line. of the EOW channel #3, #5.

Bulls manage to keep above the 34 MVWAP on the EOD #5. 

Bears close index below the critical 13 SMA on the week charts #3.

Last week again saw the Bulls and Bears maintain status 'quo on the medium term and short term - bears go stronger into the next week. 

Looking forward into the next Week:

Bearish Deflection and Cross of 5/13 MAs that we track, looks on next week on EOW and EOD  #3, #5.

Bulls need to move back decisively into the EOW channel to avert a slide #3.

Above the 5 EMA the Bulls retain Long Term strength  #1.

Below the 13 SMA the Bears gain an edge in the medium term #3.

Resistance continues at the EOW channel bottom, support is at the '23.6% Fibonacci retrace of the Oct'07 High and Mar'09 Low' #1.

Bears showed some strength last week, by positioning the index for a bearish move - now to see if they can take it down.

S&P 500 - Triple Screen 'Technical Analysis' - Week: 03 December to 07 December, 2012 - Bulls nibble on Green

S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 07 December, 2012 

S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from Aug' 2011 onward - as on 07 December, 2012

S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Nov'2012, onward - as on 07 December, 2012

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

Bulls after averting a Three Inside Down #1 last month - consolidate with a small green candle this week.

%D and %K on the STS #2,  have crossed bearishly.

Bullish Cross or Bearish Deflection of the 5 EMA and 13 SMA on the EOW #3 - awaited.

Index slithers along. at or around the bottom line. of the EOW channel #3 and #5.

Bulls manage to keep above the 34 MVWAP on the EOD #5.

Bearish Cross of the 5 EMA, to below the 13 SMA on the EOD #5 - seems on. 

Last week again saw the Bulls maintain status 'quo on the medium term, and they continue to retain  control of the Long Term Charts.

Looking forward into the next Week:

Bearish Crosses of critical MAs that we track, possible next week on EOW and EOD  #3, #5.

Bulls need to move back decisively into the EOW channel to avert a slide #3.

Above the 5 EMA the Bulls retain Long Term strength  #1.

Resistance continues at the EOW channel bottom, support is at the '23.6% Fibonacci retrace of the Oct'07 High and Mar'09 Low' #1.

Bulls continue to nudge ahead - the Bears are yet to show that they mean Business.

S&P 500 - Triple Screen 'Technical Analysis' - Week: 26 November to 30 November, 2012 - Bulls have close shave

S&P 500: Long Term View (or) Month Chart (each candle is 1 month's price)  (or) EOM Chart:

S&P 500 - End of  Month Chart (EOM) - 30 November, 2012

 Above is the Month Chart - EOM - Channel analyzing Data from mid 2009, onward

S&P 500: Medium Term View (or) Week Chart (each candle is 1 week's price) (or) EOW Chart:

S&P 500 - End of  Week Chart (EOW) - 30 November, 2012

Above is the Week Chart - EOW -  Channel analyzing Data from Aug' 2011, onward.

S&P 500: Short Term View (or) Day Chart (each candle is 1 day's price move)  (or) EOD Chart:

S&P 500 - End of  Day Chart (EOD) -  30 November, 2012

Above is the Day Chart - EOD -  Channel analyzing Data from Sept'2012, onward.

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

Bulls avert a Three Inside Down #1, with the last candle (November) closing just above the October Close - That was a close one :)
Bulls also close it above the 5 EMA (#1) on EOM and MVWAP 34 (#5) on the EOD.
Bulls have their nose ahead and into the EOW channel #3.
%D and %K on the STS #2 look like they have crossed bearishly after all.

Last week saw the Bulls maintain status 'quo on the medium term, and the Month Close retains Bull control of the Long Term Charts.

Looking forward into the next Week:

Averting a Bearish Three Inside Down #1 - gives the Bulls relief.
Bulls need to follow this up with the 5 EMA (# 3) crossing above the 13 SMA - a deflection however would show us that the Bears have the edge.
Keeping inside the EOW channel #3 - Bulls keep hopes alive.
Slipping out of the EOW channel #3 or more important below the MVWAP 34 on the EOD #5 - Bears have a clear run back to the '23.6% Fibonacci retrace of the Oct'07 High and Mar'09 Low' #1.

Bulls retained the edge by a whisker - now to see if the Bears can wrest the advantage back.

S&P 500 - Triple Screen 'Technical Analysis' - Week: 19 November to 23 November, 2012 - Bulls Pull Back

 S&P 500: Long Term View (or) Month Chart (each candle is 1 month's price)  (or) EOM Chart:

S&P 500 - End of  Month Chart (EOM) - 23 November, 2012

 Above is the Month Chart - EOM - analyzing Data from mid 2009, onward

S&P 500: Medium Term View (or) Week Chart (each candle is 1 week's price) (or) EOW Chart:

S&P 500 - End of  Week Chart (EOW) - 23 November, 2012

Above is the Week Chart - EOW -  analyzing Data from Q4, 2011, onward.

S&P 500: Short Term View (or) Day Chart (each candle is 1 day's price move)  (or) EOD Chart:

S&P 500 - End of  Day Chart (EOD) -  23 November, 2012

Above is the Day Chart - EOD -  analyzing Data from Oct'2012, onward.

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

Staying above last week's close #1, #4 the '23.6% Fibonacci retrace of the Oct'07 High and Mar'09 Low' - one saw the Bulls returning fire - with a pull back to EOW channel bottom #3.

The last three candles on the EOM #1 continues to resemble a Three Inside Down - despite the Bull pull back.

Bullish cross of the 5 EMA and 13 SMA occur on the short term chart, as a result of the pull back.

Looking forward into the next Week:

%D and %K on the STS #2 look like crossing bearishly this month.
23.6% Fib is seen as support for Bulls.
Currently the MVWAP 34 on the EOD #5 and the Channel Bottom of the EOW #3 are seen as resistances.
As follow up to the pullback - Bulls should break through back into the EOW channel - else the resistance here, gives Bears the baton.
If the Bears manage a Bearish Three Inside Down #1 then this pattern's performance, would decide the action for the last month of this year.

S&P 500 - Triple Screen 'Technical Analysis' - Week: 12 November to 16 November, 2012 - Bears Gain some more

S&P 500: Long Term View (or) Month Chart (each candle is 1 month's price)  (or) EOM Chart:

S&P 500 - End of  Month Chart (EOM) - 16 November, 2012

 Above is the Month Chart - EOM - analyzing Data from mid 2009, onward

S&P 500: Medium Term View (or) Week Chart (each candle is 1 week's price) (or) EOW Chart:

S&P 500 - End of  Week Chart (EOW) - 16 November, 2012

Above is the Week Chart - EOW -  analyzing Data from Q4, 2011, onward.

S&P 500: Short Term View (or) Day Chart (each candle is 1 day's price move)  (or) EOD Chart:

S&P 500 - End of  Day Chart (EOD) -  16 November, 2012

Above is the Day Chart - EOD -  analyzing Data from Oct'2012, onward.

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

The last three candles on the EOM #1 resembles a Three Inside Down - having gone below last month's close as studied - last week rewarded the Bears who caught on to this move.
Our EOW channel #3 is redrawn to include a larger time frame - now shows the price breaking out of the channel. 
Support on the '23.6% Fibonacci retrace of the Oct'07 High and Mar'09 Low' #1 and #5 works as the Price comes back to end around this level.

Looking forward into the next Week:

The Blue center line of the Month Channel #1 and the '23.6% Fibonacci retrace of the Oct'07 High and Mar'09 Low' #1 and #5  are supports after this fall.
13 SMA #1 on Month Chart is immediate support for the Bulls and the MVWAP 34 on the Week chart #3 is the immediate resistance.
STS #2 position shows the long term strength at this point of time - and one sees another up move beyond above immediate resistances.

EOW channel bottom #3 could see the price testing it on a pullback, on this up move.
So staying above last week's close i.e. on the '23% Fib' - one sees the Bulls returning fire - with the pull back discussed above, to start with.

S&P 500 - Triple Screen 'Technical Analysis' - Week: 05 November to 09 November, 2012 - Bears Gain

S&P 500: Long Term View (or) Month Chart (each candle is 1 month's price)  (or) EOM Chart: 

S&P 500 - End of  Month Chart (EOM) - 09 November, 2012

Above is the Month Chart - EOM - analyzing Data from mid 2009, onward

S&P 500: Medium Term View (or) Week Chart (each candle is 1 week's price) (or) EOW Chart:

S&P 500 - End of  Week Chart (EOW) - 09 November, 2012

Above is the Week Chart - EOW -  analyzing Data from Q2-Q3 2012, onward.

&P 500: Short Term View (or) Day Chart (each candle is 1 day's price move)  (or) EOD Chart:

S&P 500 - End of  Day Chart (EOD) -  09 November, 2012

Above is the Day Chart - EOD -  analyzing Data from Oct'2012, onward.

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

The Bearish Harami on the EOM #1 just became spicier for Bears, as its now resembles a Three Inside Down - having gone below last month's close as studied.
Bearish Deflection of the 5 EMA and 13 SMA on the EOD #6 is what killed the Bull Fight back.
A Bearish deflection of the MA and RSI on the EOW #4 happens.
Current Support is on the '23.6% Fibonacci retrace of the Oct'07 High and Mar'09 Low' #1 and #5.
Support for the Bulls fails at the MVWAP 34 on the EOW #3.

Looking forward into the next Week:

Position of the STS #2 - indicates the Bull strength - long term.

Bears look to keep it below the MVWAP 34 on the EOW #3.

Keeping the %K below the %D on the EOM #2 is also what the Bears would like to do.

A Bullish cross of the 5 EMA and 13 SMA on the EOD #6, is something for the Bulls to hope for  - to fight back with.
Bulls would also use the nearby Support Line i.e. '23.6% Fibonacci retrace of the Oct'07 High and Mar'09 Low'  #1 and #5.

S&P 500 - Triple Screen 'Technical Analysis' - Week: 29 October to 02 November, 2012 - Bulls Fight..

S&P 500: Long Term View (or) Month Chart (each candle is 1 month's price)  (or) EOM Chart: 

S&P 500 - End of  Month Chart (EOM) - 02 November, 2012

Above is the Month Chart - EOM - analyzing Data from mid 2009, onward

S&P 500: Medium Term View (or) Week Chart (each candle is 1 week's price) (or) EOW Chart:

S&P 500 - End of  Week Chart (EOW) - 02 November, 2012

Above is the Week Chart - EOW -  analyzing Data from Q2-Q3 2012, onward.

S&P 500: Short Term View (or) Day Chart (each candle is 1 day's price move)  (or) EOD Chart:

S&P 500 - End of  Day Chart (EOD) -  02 November, 2012

Above is the Day Chart - EOD -  analyzing Data from Oct'2012, onward.

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

The bearish cross of the 5 EMA and the 13 SMA on the EOW #c happens, as studied last week and the Bears  seek advantage.
Bears get the %K moving below the %D on the EOM #b, as discussed last week.
Bearish Harami is formed by the Sept and Oct month candles #a, as anticipated by us.
Bulls make a quick bounce exactly as suggested, by using the EOD Channel bottom as support #e.
Bulls keep it above the 5 EMA on the EOM #a.
A Bullish cross or Bearish deflection of the MA and RSI on the EOW #d, is on next week.

Looking forward into the next Week:

Support for the Bulls on the EOW #c is at the MVWAP 34.

Bears look to keep it below the MVWAP 34 on the EOD #e.

Keeping the %K below the %D on the EOM #b is what the Bears would like to do.

The Bearish Harami on the EOM #a would be spicier for Bears, if it become a Three Inside Down. So closes below last month's close keeps the Bulls jittery.

A Bullish cross of the 5 EMA and 13 SMA on the EOD #e, is something for the Bulls to look forward to - a Bearish Deflection however can kill the Bull Fight back.