hiker
TW Member
Registered: 12/01/04
Posts: 8,381
|
|
|
Reply with quote | #1 |
continued from -
http://forums.technicalwatch.com/post?id=3785025
Friday, Nov 6 chart update
cumulative NYAD (breadth) with selected equity index prices vs. their major price horizontals:
* XLF could look better, and note that in addition to $14.70 resistance now remaining overhead:
the XLF weekly close high since October, 2008, also remains a major problem during intraday spike highs for all of 2009 / this is saying something very clearly and it is difficult to imagine that the major market averages will be able to achieve sustainable new swing highs without XLF cooperating
Attached Images:
|
| |
hiker
TW Member
Registered: 12/01/04
Posts: 8,381
|
|
|
Reply with quote | #2 |
Nov 6
XLF weekly closes, since June, 2008
* CCI-272 has yet to move above the -100 level
* $15.33 prior weekly close highs have capped 2009 price advances, so far
* for the weekly XLF chart, $14.35 can be considered one important horizontal pivot in play since August, 2009
Attached Images:
|
| |
hiker
TW Member
Registered: 12/01/04
Posts: 8,381
|
|
|
Reply with quote | #3 |
Nov 6
XAU daily closes since 2007, with selected commodity futures' daily closes:
Attached Images:
|
| |
hiker
TW Member
Registered: 12/01/04
Posts: 8,381
|
|
|
Reply with quote | #4 |
Nov 6
SSEC weekly
* SPX weekly closes - bulls want to see $1057.90 act as firm support going forward ... important to daily closes for many years as a major pivot
* SSEC weekly - the black dashed horizontal lines represent Fibonacci retracement levels / the red solid lines now represent important support
in summary, the momentum indicators for SSEC could look much better ... appears to be little conviction at the moment
Attached Images:
|
| |
hiker
TW Member
Registered: 12/01/04
Posts: 8,381
| |
hiker
TW Member
Registered: 12/01/04
Posts: 8,381
|
|
|
Reply with quote | #6 |
Nov 6
SKF 60-minute
* RSI-34 - SKF bulls want to see this continue to reside above the 50 level
Attached Images:
|
| |
