Monday, May 26, 2014

Small Caps still 'non compliant' with the S&P500 record run........

Small Caps Daily Chart @ Close 05/23/2014
Still no confirmation by the S&P600 Small Caps Index together with the NASDAQ Indices & Financials ($BKX) as the Benchmark S&P500 scores a New Record.
Should we worry?

Wednesday, May 14, 2014

Small Caps (S&P600) are nowhere near their Highs?

S&P600 Daily Chart @ Close 05/13/2014
Similarly to the Russell2000 & NASDAQ Indices; the New Highs in the S&P500 & Dow Jones Industrials are NOT being matched.
Caveat Emptor as the Rally 'narrows'?

S&P500 @ New Record Highs..........

S&P500 Daily Chart @ Close 05/13/2014
New Highs abound for the headline DOW & S&P500; & yet............

Wednesday, May 7, 2014

Close Encounters of the $ Kind..............

USDollar Index (Weekly) @ Close 05/06/2014
79.00+/- Support gets a serious testing Tuesday as the Dollar Bulls must be fretting/ sweating on the potential notion of a rare Head & Shoulders formation breaking down through 79......implications to 73.

Monday, May 5, 2014

NDX100: Another Test of 3615/25 & another Failure?

NDX100 Daily Chart @ Close 05/02/2014
The 1st failure (3613) rewarded the skeptics with a rather 'fast' 3%+ profit on the sub 3500 move intra- week; will this encounter @ 3616 do the same?
RSI @ mid- levels & the MACD below the Zero line has them nicely positioned Short- Term.