S&P 500 Moving Averages Magic – Updated

This entry was posted by Sunday, 19 August, 2012
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Original S&P 500 Moving Averages Magic post… 

Ideally the market will make a marginal break of 1422 but the higher weekly close already satisfies the buy signal triggered by the break back up through the moving average, however it is on a strong negative divergence and we do have a possible complete long term Elliott Wave count. Check it out at Kennys Elliott Waves on Stockcharts.

S&P 500 Moving Averages Magic – Updated



S&P 500 Long Term Hurst Cycles Analysis

This entry was posted by Sunday, 22 July, 2012
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S&P 500 Long Term Hurst Cycles Analysis

A break the 9 month VTL would confirm the 9 month Hurst cycle high is sealed. This is extremely important for the long term because as we can see from the chart below, once the 9 month Hurst cycle is locked in it also locks in the 18 month and 4.5 year cycle highs and subsequently will take the market down into my long term target zone as a minimum…..More about Hurst Cycles.

S&P 500 Long Term Hurst Cycles Analysis

S&P 500 Long Term Hurst Cycles Analysis

S&P 500 Moving Average Magic

This entry was posted by Saturday, 23 June, 2012
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S&P 500 Moving Average Magic – long term analysis of the S&P 500 index showing 2 very reliable moving averages.

Penetration or a break of the Blue moving average tends to reliably indicate a trend change has already taken place or that the trend is weakening.  When prices are rejected and bounce off  the MA it is a confirmation that the existing larger trend is still intact.

S&P 500 Moving Average Magic

S&P 500 Moving Average Magic


Ftse 100 Technical Analysis Chart

This entry was posted by Thursday, 10 May, 2012
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Ftse 100 Trend Lines Analysis: Ftse found some support on the lower declining channel trend line, around 200 points down from the trend break signal at Fridays close.

 

Ftse 100 Trechnical Analysis Chart 10 May 2012

Ftse 100 Trend Line Analysis

S&P500 Elliott Wave Analysis Update 26 April 2012

This entry was posted by Thursday, 26 April, 2012
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1402 it is   …..Now lets see if we can do the long term target on the short side now…..S&P500 Elliott Wave Analysis Update

 

S&P500 Elliott Wave Analysis Chart

ES Technical Analysis Chart

This entry was posted by Tuesday, 24 April, 2012
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Cash went to a low of 1358.79 yesterday so 1357 remained intact as expected.

Fridays close on cash was 1378.53 so still has a lot to do to confirm a low is in place.

…..read more in the Traders Day Trading Forums

ES Technical Analysis Chart