Outlook for Thursday

(3/19/14)

The S&P 500 dropped nearly 25 points at one point today before the buy the dip crowd tried to save the day.   Once again we have a potential Head and Shoulders Top pattern with Neckline support in the lower to mid 1840's.   During the past few years it seems like every time this pattern has developed the market fails to follow through to the downside so it will be interesting to see what happens this time.

 

  

Thursday's Buy Signals

 

Primary Secondary RSI Williams Fisher TRIN Volatility Money Money Put to VWAP Advance Signal
RSI Long RSI
Long
Max/Min %R Transform S&P 500 Bands Flow Flow/
TRIN
Call Ratio   Decline Strength
Signal Signal  Signal Signal  Signal Signal  Signal Signal  Signal Signal Signal Ratio  
No No No No No No No No No No No No

When 6 or more Signals are generated that is a Strong Buy Signal
When 3 to 5 Signals are generated that is a Moderate Buy Signal
When only 1 or 2 Signals are generated that is a Weak Buy Signal

 
Thursday's Sell Signals
 
Advance Fisher ROC RSI VWAP Volatility Volatility TRIN Signal
Decline  Transform VWAP Max Percent Index Bands S&P 500 Strength
Ratio Signal Signal  Signal Signal Signal  Signal Signal   
No No No No No No No No  

When 5 or more Signals are generated that is a Strong Sell Signal
When 3 to 4 Signals are generated that is a Moderate Sell Signal
When only 1 or 2 Signals are generated that is a Weak Sell Signal

 

When a Buy or Short Signal is triggered numbers will be entered into the table below.
ETF Thursday's Buy/Short Signal Entry Initial Stop Trailing Stop 1st Target 2nd Target 3rd 
Target
Signals Date Price Price Price Price Price Price
SPY

  

 

 

 

Amateur Investors