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Chart Lab Archive I





Thursday June 30, 2011

As of yesterday's close - the market has diverged from the August 2007 analog. I have always maintained that the further the market gets from the initial point of replication - the more likely it would audible from the pattern. Like a rock lobbed into a pond - the ripples will give almost identical wave signatures closest to impact. They will eventually diverge due to their own environmental conditions. 

Tuesday June 28, 2011

Here is a more compressed update of the 2007 analog from around noon today.  Over the past two days the market has exhibited greater relative strength than the 2007 study and has broken through the 34 sma as of this morning.  With that said, I am maintaining my short position from yesterday on the SPX because I believe the majority of this strength is due to the usual EOM and EOQ mark-ups. For an explanation of the rationale behind this - see (here). 
Sunday June 26, 2011


Here is an update of the 2007 analog from post close on Friday. The analog continues to follow script. For an explanation of the rationale behind this - see (here). 
Monday June 20, 2011


Here is an update of the 2007 analog from ~ 10:30 this morning. The analog continues to follow script - albeit in weaker proportions in time and price. For an explanation of the rationale behind this - see (here). Where it audibles is anyones guess at this point. 
Friday June 17, 2011


Here is an update of the 2007 analog @ noon for today. Running a half step behind - but in congruence with the fractal. For an explanation of the rationale behind this - see (here). Where it audibles is anyones guess at this point. 
Thursday June 16, 2011


Here is an update of the 2007 analog post close for today. A little displacement - but within reason. It appears that the very short-term Greek nuclear option is off the table for the time being (next 72 hours). 

Would suspect that the market's should have a nice bid coming into tomorrow. Perfect for OPEX. 

Monday June 13, 2011

Here's what I'm thinking about. 

We would all enjoy < $2.00 gas again. More to come in My Notes. 


Saturday June 4, 2011
Thursday June 2, 2011
Thursday June 2, 2011

Here's an updated bank ratio chart that utilizes Goldman's bank index. I use it for longer term charts  because it goes further back. This is getting dramatic - considering the last two major declines in the SPX were preceded by the Bank:SPX ratio rolling over a year or so before the indices. 
Wednesday June 1, 2011


A few more 10 Year Yield charts relative to the SPX.