Monday, May 28, 2012

MAR/APR 2010

 
DATE ST MT LT TT BALANCE ST BALANCE MT BALANCE LT BALANCE TT
2010-03-15 599 923 916 2438 $11,202.14 $11,202.14 $11,202.14 $11,202.14
2010-03-16 628 932 918 2478 $11,339.27 $11,339.27 $11,339.27 $11,339.27
2010-03-17 695 926 914 2535 $11,380.23 $11,380.23 $11,380.23 $11,380.23
2010-03-18 695 912 910 2517 $11,460.37 $11,460.37 $11,460.37 $11,460.37
2010-03-19 251 895 897 2043 $11,328.58 $11,328.58 $11,328.58 $11,328.58
2010-03-22 183 762 894 1839 $11,531.61 $11,531.61 $11,531.61 $11,531.61
2010-03-23 297 781 896 1974 $11,697.24 $11,697.24 $11,697.24 $11,697.24
2010-03-24 367 803 903 2073 $11,585.04 $11,585.04 $11,585.04 $11,585.04
2010-03-25 42 525 894 1461 $11,535.17 $11,535.17 $11,535.17 $11,535.17
2010-03-26 -264 119 878 733 $11,576.14 $11,576.14 $11,576.14 $11,576.14
2010-03-29 -155 99 881 825 $11,682.99 $11,679.43 $11,679.43 $11,679.43
2010-03-30 42 290 893 1225 $11,606.13 $11,754.23 $11,754.23 $11,754.23
2010-03-31 69 346 907 1322 $11,656.41 $11,654.50 $11,654.50 $11,654.50
2010-04-01 180 404 917 1501 $11,645.72 $11,643.81 $11,643.81 $11,643.81
2010-04-05 454 607 929 1990 $11,852.35 $11,850.40 $11,850.40 $11,850.40
2010-04-06 912 866 926 2704 $11,918.25 $11,916.30 $11,916.30 $11,916.30
2010-04-07 895 865 930 2690 $11,873.72 $11,871.77 $11,871.77 $11,871.77
2010-04-08 493 782 926 2201 $11,907.57 $11,905.61 $11,905.61 $11,905.61
2010-04-09 464 724 926 2114 $12,055.41 $12,053.43 $12,053.43 $12,053.43
2010-04-12 525 851 929 2305 $12,073.22 $12,071.24 $12,071.24 $12,071.24
2010-04-13 573 887 932 2392 $12,197.91 $12,195.90 $12,195.90 $12,195.90
2010-04-14 815 882 933 2630 $12,491.81 $12,489.76 $12,489.76 $12,489.76
Visually In this up leg of the market we have some slowdown visible in the pink band converging with the gold band.

The ST (short term) indicator concentrating on the last 5 days of market action picked up the weakness going a couple of days on the sell side.
Also to be noticed that ST numbers were already deteriorating from March 15, but the weakness in the market was picked up also by MT (medium term) indicator concentrating on the last 15 days of market action, closing for one day in double digit positive number (99) near the zero sign changing line,
LT(long term) indicator concentrating on the last 45 days of market action, was not affected by the weakness indicated by numbers all above the +800 bull line.
TT green boxes (values above +2000) indicate all in all a very healthy market

Looking at the QQQ chart we can notice the price going parabolic the last couple of days of the considered period shown by the price dissociating from the pink band and the spreading out of the three shorter MAs (moving averages)

On the last day (Apr 14) we can notice all three indicator (ST MT LT) in bull area above +800 and actually LT in extreme bull area above +900 

This triple system (with a fourth system (TT) derived by the other three systems numbers is quite valuable not only for:
 a) the various buy/sell signals generated
b) but also for the three daily system numbers and their position respect to the zero line (buy/sell line) but also their position in the scale and their position respect to +800 and above (bull area) and -800 and below (bear area)
 c) but also the interaction between the three system numbers between themselves and their position in the total scale (+1000 to -1000)
d) but also the daily changes in the numbers from previous day(s) to gage the speed of change in the market  

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