NDX100: Bullish Engulfing suggests higher again..

NDX100 Weekly Close @ 04/27/2012

The NDX100 made 'fools' of the attempted short-selling strategy (hands up), a bullish weekly chart pattern strongly suggesting that new highs are likely in short order.

SINGAPORE STI: Weekly Chart

Straights Times Index: Weekly Close @ 04/27/2012

What ails Singapore?
Best viewed as a potential 'canary in the coal-mine'; Singapore's main index is not participating in the recent ascent of the core global equity markets.
Asian growth concerns?

NDX: A tale of 2 opposing forces.......

NDX Daily Close @ 04/23/2012

The Daily Chart pattern suggests 'indecision', the close below the 50day SMA suggests the pressure is 'clear & present' to the downside.

SELL @ 2675 with a tigh Stop/Loss?

NDX100: Balance of Risk lower again....?

NDX100 Daily Close @ 04/19/2012

The 50day SMA, coincident with an equal move lower to the Dec 2011 correction @ 135pts, has held the move lower 'in check'.
How much longer though?
A Weekly close Friday below the 2660 level and further losses down to 2550/70 are possible/ probable, yet still maintain a 'bullish' spin to the whole rally from the October 2011 lows; as the move would only be a 38.2% retrace from 2150 - 2795.

NDX100 finds support @ the 50day SMA.

NDX100 & McClellan Oscillator: Close 04/17/2012

Post Monday Morning 'blues' with AAPL (21/29 NDX100 points decline), the NDX bounces back strongly - respecting the 50 day SMA.
Interestingly the McClellan is back @ the Zero line: Above and it's back to test the highs, Failure here and below the 50day likely.
Note: USDollar Index nor Commodities 'joined' in the IMF 'celebration' rally.
Why not?

APPLE (AAPL): History rhyming?

APPLE Daily Chart @ Close 04/16/2012

'Kiss of death' (Blog-Post April 10) becomes a short-term curse as Apple suffers a short-term 'calamity' with a fast 10% reversal in 4 trading days!

So goes AAPL goes the market?

COPPER: Short-term low in place ?

COPPER : 04/16/2012

Daily Chart suggests that Copper is at the very least attempting a short-term low @ the $3.61 level.
If so; expect a 'bounce' in Copper circa $3.75/$3.80 and perhaps equities follow its lead short-term?

NDX100 Indecision for 2 weeks 'resolving' itself?

NDX100 Weekly Close @ 04/13/2012

Whilst other charts are signalling the potential for a counter rally still, the NDX100 appears ready to 'rock & roll' to the downside...given the 2 prior weeks of obvious 'indecision' followed by the reversal of fortune this last week.

Apple 'touches' $600B (kiss of death?) as NDX suffers..

NDX100 Daily Close @ 04/10/2012

The NDX100 finally joins in with a decent sell-off, still no where near the damage suffered by the SML600 & R2000 @ -2.32% & 2.40% respectively.
Apple (AAPL) earns its stripes @ $600B (correlation has obviously broken down with the indices), as previous 'earners' in MSFT & GE in the '600' club both met with a reality check after joining.
Same for AAPL & the market as a whole?

Risk-Off as Small Caps get 'hit'...........

$SML DAILY Close @ 04/09/2012

The Small Caps, R2000 & Banks all get sold off between 1.77%/ 1.92% as the correction 'rolls on'.

It was a 'duck'...............

NYSE Summation Index Chart @ Close 04/04/2012

Great example of the McClellan Oscillator finally exerting its influence with the failure to regain the Zero line (Blue- Box).
The correction continues, albeit rather 'shallow' still.