Market Time

S&P 500 - Jan 27, Intraday

2012-01-27T03:21:00.003-05:00

S&P 500 - Jan 26, Intraday

2012-01-26T06:20:00.002-05:00

S&P 500 - Jan 25, Intraday

2012-01-25T08:06:00.000-05:00

S&P 500 - Jan 23, Intraday

2012-01-23T08:53:00.003-05:00

S&P 500 - Jan 20, Intraday

2012-01-20T08:40:00.001-05:00

S&P 500 - Jan 18, Intraday

2012-01-18T08:34:00.002-05:00

S&P 500, Precious Metals - November 25, 2011

2011-11-27T12:33:00.005-05:00

Bottom Line: Long term trend is up. Mid-term trend is up (it may have topped). Short-term trend is downWeekly S&P stage is Strong Decline (4-A)Daily S&P stage is Early Distribution (3-A) As long as index is below 1215-1230, it’s either consolidating or decliningAs long as index is below 1215-1230, the bear may be backIt takes a move above 1191 to perhaps indicate a short-term uptrendOEW pivot

Precious Metals - September 25, 2011

2011-09-25T22:40:00.001-04:00

In a premium post of September 6, I presented a weekly chart of HUI and said “notice that I can also draw an expanding megaphone formation as I have done with blue lines. Miners have been the laggards of the PM area. They may breakout and become leaders, but if I play just for or from a breakout of the laggards, I would try to book partial as soon as I can (using daily and 60-min charts)

Copper - September 23 - 2002

2011-09-23T08:47:00.003-04:00

In a premium post of September 18, I discussed a potential Head and Shoulder formation on copperThis is how copper looks as of yesterday's close In the premium section, I discussed the possibility of a yearly cycle low for USD late Spring this yearThis is how USD looks like now It's not all about treading chop-chops of the intraday mayhem. Sometimes paying attention to other stuff makes a big

S&P 500, September 20, 2011

2011-09-21T02:50:00.003-04:00

This is a weekly Still at resistance.It's the 4th week that price seems to be trying to get out of a range between 1150-1220. A 70-point wide range that has so far chopped violently but has not gone farA weekly close above 1120 area would be nice for the bulls...........................................The rest of this post is reserved for subscribers of Market Time PremiumFor full regular

S&P 500, September 16, 2011

2011-09-17T13:48:00.002-04:00

Finally a good comfortable finish to a week and I hope all of us benefited with some exposure from the run off of 1130 area. It is not easy to pull the trigger when so many things are against one, but I have had 1134-1140 and 1160-1170 pivotal areas for some time and they both have so far proved to be players This is a weekly Index is hitting resistance around 1220 and, with RSI around

S&P 500, Gold, Silver – September 7

2011-09-07T23:45:00.002-04:00

Daily volume shrank and came below average. Daily breadth was hugely positive Yesterday, in a post at Market Time Premium, I said “.... the negative breadth of the day. It was as if the rally was being sold or shorted. If price can hold and press higher, those who were selling today may be cornered into a squeeze for a romp. If index fails, the shorters may just gang up on the

S&P 500, Gold, Silver – September 7, 2011 – BMO

2011-09-07T08:38:00.000-04:00

This is gold As per yesterday’s post, long trades are nicely stopped. Some correction may finally be happening, Shorts from may look north of 1925 for a stop for now This is silver Also stopped nicely as per yesterday’s post...........................................The rest of this post is reserved for subscribers of Market Time PremiumFor full regular market analysis, subscribe to

S&P 500 – September 6, 2011 – BMO

2011-09-07T03:53:00.002-04:00

This is a weekly Week’s just started and things may change. Index did a good recovery today. Notice how the broken uptrend line has been in play. Index must get above this 1130 looks like a good immediate support area in the weekly frame at this point............................................The rest of this post is reserved for subscribers of Market Time PremiumFor full regular

S&P 500 – September 6, 2011 – BMO

2011-09-06T08:29:00.000-04:00

Futures market continue to be lively, lively being a very polite way of describing a dog’s breakfast Lats post, I re-emphasized the 1160 level as a first small step by the bulls. It is interesting that lively futures have come close but retreated below 1160 The large count I addressed in this post http://www.markettimepremium.com/2011/09/05/sp-500-%E2%80%93-september-5-2011-%E2%80%93-

Gold, Silver, HUI – September 6, 2011

2011-09-06T02:12:00.002-04:00

Gold has made a small new high in the futures market It has been strong and resilient and that is what bulls should be. Nothing has changed in my longer term view based on the current count and the low of Major 4 around 1480. Shorter term, I said that gold needed a move below 1770 for shorts to get traction. That did not happen and gold embarked on a climb to meet and better the prior

S&P 500, Gold, Silver – August 11, 2011 - BMO

2011-08-11T08:18:00.002-04:00

This is a 60-min S&P futures This thing has not been behaving impulsively. The volatility has remained and it is quite probable that what we have had from recent lows is an ABC up as I discussed with 15-min chart last night’s Market Time Premium post Last nigh we had futures green and now we have red and the swings are quite large. 20-3-40 points every few hours is not stuff of bull

S&P 500 – August 6, 2011 – Intraday

2011-08-06T09:12:00.005-04:00

We had monster bounce on Friday off the sharply spiking lows And we had this Neither is a surprise, thought, is it? Markets can become very volatile in the course of heavy distribution and US debt rating has been under a lot of pressure and speculation for some time The combination of the two, however, leaves me to wonder if the sharp bounce out of the low of Friday was not to drag in

S&P 500 – August 1, 2011 – Intraday

2011-08-01T10:55:00.001-04:00

In the BMO post, I said: “A knee-jerk reaction here can involve a good dose of squeezing the late, news-drive shorts. Question is whether bulls can carry after that has settled?” In the BMO post of July 20, I said: “I had mused that some (or perhaps all) of gold strength and equity weakness was due to political theater of US congress and that a resolution to that show might get a

S&P 500 - Aug 1, 2011 - BMO

2011-08-01T06:57:00.005-04:00

This is 60-min SP futuresSunday evening session, futures had a gap up and have held strong so far. Headline, courtesy of marketwatch.com, reads this and this This is the URL to the article http://www.marketwatch.com/story/washington-reaches-sweeping-budget-deal-2011-07-31 This, so far, overnight, has been the knee-jerk reaction that I have been mentioning and expecting. If it holds,

GDX - July 29, 2011

2011-08-01T06:34:00.004-04:00

In the post of July 22, I wrote this about GDX at Market Time Premium “Any price advance from here before a correction may be associated with negative divergences on McClellan. That may be OK and price may ignore it but it makes new positions vulnerable to snap pullbacks and corrections” That proved to be a spot-on assessment and GDX behaved exactly as that It did a bit of more

S&P 500 – July 28, 2011

2011-07-28T23:56:00.002-04:00

S&P has been showing signs of structural weakness these past couple of days. If you remember it was structural weakness that led us to the last drop.Market Time Premium's Market Alignmnet Index (MAI) looks like it is about to roll over both weekly and daily We have had two uptrend since the May high and none of them has been able to lift and saturate MAI. Also, OEW indicator has been making

NDX Futures – July 27, 2011 – BMO

2011-07-27T08:00:00.001-04:00

This is NQ 60-min Been stronger than S&P, but looks caught in a small range (2413-2434). The resolution of this range may fetch a spike reaction for a tradeThe rest of this report is reserved for subscribers of Market Time PremiumFor full regular analysis, subscribe to premium content atMarket Time Premium —————————————————————– Investing in the financial markets can involve

Gold Futures – July 25, 2011 – BMO

2011-07-25T08:50:00.005-04:00

This is gold Strong as I have been noting. Last BMO, I said: “1580 area has formed as short-term support. If it breaks that, it may finally see some fast and a bit more intense selling. Without breaking 1580, we so far have a shallow ABC zig-zag and that satisfies the minimum requirement for a correction. So, 1580 is the support I use for any short-term trades” That seems to have

S&P 500 - July 22, 2011

2011-07-23T20:02:00.004-04:00

Our Structural indicators, Market Alignment Index (MAI) and Objective Ellitott Wave indicator (OEW), keep doing a fine providing insight into the internals of The index. These indicators measure aggregate structure and trend of all constituents of an index or composite.We identifies structural weakness helped us stay safe during the correctionLate June, when the bearish sentiment was rampant,