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• S&P 500 Analysis for 2/24/10
  alphatrends, February 23rd, 2010 at 9:53 pm

  The SPY dropped from the location of the 50 DMA and the 61.8% retracement of the year high to the year low on Tuesday.   The level we expected might act as support near 110.40 failed quickly and now we will be looking to see if the market is able to recapture that important level.  If [...]

  
  

  Tickers: $SPY

• S&P 500 Levels & Analysis for 2/23/10
  alphatrends, February 22nd, 2010 at 7:02 pm

  The SPY traded in a fairly narrow range on Monday as it digests the gains from last week.  The near term indecisiveness of trade is heightened by three technical areas of interest in the approximate same area: the 50 day MA (~111.02) the 61.8% retracement (111.10) of the 2010 range from high to low and [...]

  
  

• Stop Using 60 Minute Charts
  alphatrends, February 20th, 2010 at 9:33 am

  Remember when you were a child and you would be shown pictures and play “which one of these doesn’t belong?” I suppose it is an early introduction to pattern recognition and the examples weren’t very difficult.  Look at the picture below and ask yourself “which one doesn’t belong?”  It is not a trick question… the [...]

  
  

  Tickers: 60 Minute Charts

• S&P 500 Analysis & Levels for 2/19/10
  alphatrends, February 18th, 2010 at 6:55 pm

  On Thursday, the SPY continued higher up beyond the 110.50 level which had been prior resistance and closed right near the declining 50 day moving average (green average on right).  The recent rally also brought the SPY up to the 61.8% retracement of the 2010 high to the low of the year.  After the close, [...]

  
  

  Tickers: $SPY, 50 day moving average, fibonacci

• S&P 500 Levels for Feb 18, 2010
  alphatrends, February 17th, 2010 at 9:48 pm

  After finding support at the rising 5 day moving average on Friday’s gap lower, the SPY has followed through nicely on the upside.  We now find the SPY at the most recent significant level of intermediate term resistance near 110.50.  These two timeframes (65 min on left and daily on right) show there to be [...]

  
  

  Tickers: $SPY, 50 day moving average, fibonacci

• S&P 500 Analysis for 2-12-10
  alphatrends, February 11th, 2010 at 9:01 pm

  From the February high to the low of the month, the SPY has retraced almost exactly 61.8% of the range which makes the current level of the market of interest to a large group of participants who follow Fiobnacci levels.   The current levels are also a prior level of support and that reinforces the importance [...]

  
  

  Tickers: $SPY, fibonacci

• Video Analysis of Markets 2/10/10
  alphatrends, February 10th, 2010 at 8:29 pm

  
  

  Tickers: $SPY

• S&P 500 Levels for 2/10/10
  alphatrends, February 9th, 2010 at 10:28 pm

  Comments in the morning if I have the time…

  
  

  Tickers: $SPY

• S&P 500 Analysis for Tuesday 2-9-10
  alphatrends, February 8th, 2010 at 11:02 pm

  The SPY found resistance at the  January low on Monday and then finished right at the low of the session.  As pointed out on twitter, the market is now below the Volume Weighted Average Price (VWAP) from the last two days which means the average long from Friday and Monday is now in a losing [...]

  
  

  Tickers: $SPY