Showing posts with label technical analysis. Show all posts
Showing posts with label technical analysis. Show all posts
Thursday, December 8, 2011
Tuesday, October 18, 2011
DeMark Says S&P 500 May Peak Above 1,250 This Week, Decline 5.6%
DeMark Says S&P 500 May Peak Above 1,250 This Week, Decline 5.6%
S&P 500 may advance as high as 1,254 before falling at least 5.6%, technical analyst Tom DeMark wrote in an e-mail today.
This rally should squeeze short sellers and exhaust late buying: DeMark; The rally should be fast.
DeMark's prediction last month that the S&P's decline would stop at 1,076 proved prescient, it bottomed at 1,074.77
S&P would produce sell signal today by closing above its Oct. 12 close of 1,207.25, marking 9th consecutive day the benchmark exceeded its final price four days earlier: DeMark
Close above 2-mo. high of 1,224.58 reached on Oct. 14 would "perfect" the sell setup:
-DeMark
http://seaofopportunity.blogspot.com/
*Special thanks to Option Radar, BMO Capital, MEB Options, Bloomberg, Reuters, Optionistics, LiveVolPro, CBOE, AMEX, Option Monster, T.O.P. group, and all of the options desks and traders we work with to provide the option flow!
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.
S&P 500 may advance as high as 1,254 before falling at least 5.6%, technical analyst Tom DeMark wrote in an e-mail today.
This rally should squeeze short sellers and exhaust late buying: DeMark; The rally should be fast.
DeMark's prediction last month that the S&P's decline would stop at 1,076 proved prescient, it bottomed at 1,074.77
S&P would produce sell signal today by closing above its Oct. 12 close of 1,207.25, marking 9th consecutive day the benchmark exceeded its final price four days earlier: DeMark
Close above 2-mo. high of 1,224.58 reached on Oct. 14 would "perfect" the sell setup:
-DeMark
http://seaofopportunity.blogspot.com/
*Special thanks to Option Radar, BMO Capital, MEB Options, Bloomberg, Reuters, Optionistics, LiveVolPro, CBOE, AMEX, Option Monster, T.O.P. group, and all of the options desks and traders we work with to provide the option flow!
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.
Wednesday, September 28, 2011
Thursday, July 7, 2011
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