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| Upper Bollinger Band (Length 233 Days; + 2 Standard Variations) | 125 Day Moving Average |
Showing posts with label Moving Averages. Show all posts
Showing posts with label Moving Averages. Show all posts
Tuesday, July 26, 2016
SPX vs BB 233 var 2 + 125 DMA | Resistance and Support
Wednesday, November 26, 2014
Thursday, March 15, 2012
SPX vs Daily Moving Averages
This market is acting too strange: the SPX has advanced relentlessly since December 19, 2011 without any retrace < 1% into the February 29, 2012 high @ 1,378. And what do we get: a shy retrace of 36 points in 3 TD into the March 5.
The 5 DMA crossed the 13 DMA to the downside to find support on the 21 DMA and up we go again: on March 14 the upper resistance of the wedge was broken to the upside!
However, the VIX reversed from below its lower BB line the same day, and ended the day above it, generating an over-all sell signal for the SPX.
March 14 is 144-TD from the August 17, 2011 high. This 144 TD cycle oftentimes produces ST CITs.
The 5 DMA crossed the 13 DMA to the downside to find support on the 21 DMA and up we go again: on March 14 the upper resistance of the wedge was broken to the upside!
However, the VIX reversed from below its lower BB line the same day, and ended the day above it, generating an over-all sell signal for the SPX.
March 14 is 144-TD from the August 17, 2011 high. This 144 TD cycle oftentimes produces ST CITs.
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