|
TRADING
& INVESTMENT ADVISORY SERVICES
Market
Trading Analysis & Commentary
Updated
for: Wednesday
February 22nd, 2012 Updated
Daily
|
. |
|
S&P
500 Index - Daily |
Trade
Bias Opinion |
S&P
500 Index - Intra-Day 60 Minute Chart |
|
|
|
S&P
500 Index
Trade
Bias: Multi-Day |
Cautiously
Neutral |
|
S&P
500 Index
Trade
Bias: Intra-Day |
Active Trading
Long and Short |
|
 |
| S&P
500 ETF - 60 Min Volume [Up
Down]
with Mov Avg |
S&P
500 Option Activity |
Weekly
Equity Fund Flows Including ETFs [$Billions] |
 |
 |
 |
General
Market Trading Analysis and Commentary
S&P 500 Daily Chart:
The S&P 500
Index Market continues its upward trend. However, it is showing
signs of a weakening trend and possibly rolling over.
The directional indicator is once again reading positive. However,
the trend quality indicator (ADX) continues to decline.
S&P
500 Intra-Day 60 Min. Chart:
The intra-day 60
minute chart continues to show us a roller coaster of a trading
environment. Some call this a trader's paradise. We also can
see on this chart something of an Ascending Triangle chart pattern.
Near term support is at 1,,337.35 and near term resistance is at
1,354.32.
S&P
500 Volume Analysis:
Volume for
yesterday continues to show us increasing volume and with a noticeable
sustained volume during the middle of the trading day. This is not
the typical normal intra-day volume behavior.
Options
Analysis:
Option volume yesterday was normal with more put volume than call
volume. Over all option volume has been steadily increasing since
the middle of January.
Equity
Fund Flows:
Equity Fund Flows for the week ending
Wednesday 2/8/12 came in very nicely positive at $6.4 Billion easily
surpassing the $5 Billion mark.
The three week moving average has reversed again to the upside and is at
the level from two weeks ago.
We are anxiously awaiting the newest data which will be available this
evening.
If
you wish to receive a Free Trial of any of
our Trading and Investment Advisories, Please
Register
for a Free Trial or Contact
Us Here.
Use
of this Advisory or any of our Advisories or Services constitutes
acknowledgement and acceptance of our
"Terms
and Conditions For Using Our Services - Disclaimer-"
|
All About Our
