"Market Breadth" Posts

Review of Forecast for May 23, 2016 Short term oversold conditions in custom breadth lead to breakout of the bull flag on daily chart. Down trend broken off previous week close. Intraday volatility expanded suddenly as expected. The breadth analog model did a fair job for the week. Forecast Starting May 30, 2016 Summary of […]

Review of Forecast for May 16, 2016 Trend sell week as expected. Initial push higher due to news shock immediately reversed course as breadth not supporting the move at all. End of week option expiration actions took S&P back up to previous week close. Dow reached the swing target zone mentioned in MBO Special Update. […]

Review of Forecast for May 9, 2016 Sideway tight range week as expected. Range bounded within 1.5% as expected. The breadth analog model did an excellent job for the week. Forecast Starting May 16, 2016 Summary of the S&P500 short-term forecast based on my proprietary market breadth analog model as of the close of May […]

Review of Forecast for May 2, 2016 Sell-off week as expected. Initial rumor driver short squeeze made the drop of 2% from week high not enough to break the 1.5% down from previous week close level. Hence 2.5% down not materialized. Volatility picked up as expected. The breadth analog model did an excellent job for […]

Review of Forecast for Apr 25, 2016 2-way trading all week as expected. Ended up with short side winning as expected. Not enough time to develop further drop after 1.5% swing down happened from week high. Volatility picked up as expected. The breadth analog model did an excellent job for the week. Forecast Starting May […]

Review of Forecast for Apr 18, 2016 Swing top attempt materialized. Not enough time to develop further drop after 1.5% swing down happened from week high. Volatility picked up as expected. The breadth analog model did a great job for the week. Forecast Starting Apr 25, 2016 Summary of the S&P500 short-term forecast based on […]

Review of Forecast for Apr 11, 2016 Initial weaknesses did not produce much damage and the slingshot move higher materialized. The breadth analog model did a great job for the week. Forecast Starting Apr 18, 2016 Summary of the S&P500 short-term forecast based on my proprietary market breadth analog model as of the close of […]

Review of Forecast for Mar 28, 2016 Note: No forecast done for the week of Apr 4th due to busy schedule. No pullback at all, rally of 1.5% in place and led to further push higher to close at high of week. Extreme intraday volatility in both directions as forecasted. The breadth analog model did […]

Review of Forecast for Mar 21, 2016 Pullback until 1.5% drop defended and bounced back into a shortened week close. Extended swings with low volume both ways switching between bullish and bearish real-time breadth as forecasted. The breadth analog model did a good job for the week. Forecast Starting Mar 28, 2016 Summary of the […]

Review of Forecast for Mar 14, 2016 Going sideway pullback until 1.5% drop defended and led to an all out run higher to close positive for the year. Wild swings both ways in the week switching between bullish and bearish real-time breadth as forecasted. The breadth analog model did a good job for the week. […]