New 52 Week Highs

Ain’t no stopping the bull.. $study

January 26, 2012
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Ain’t no stopping the bull.. $study

Score: +16   The bulls just have not been able to put in that perfect +18 bull score, missing on Friday with just a +2 on the 52 week new highs.     New highs, but not new 52 week new highs.  This indicator is piano keying, alternating between red and green.    ...
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Breadth continues to work for the bulls $Study

January 25, 2012
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Breadth continues to work for the bulls $Study

Score: +6 The bulls just keep pounding it out and are trying to move out of a range to the upside.  It will take some co-ordination on the bulls side as the bears are breeding.     The 52 week new highs continue to linger.   The 10 day cycle is flat   The...
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Eight of Nine bullish breadth days.. trend continues $study

January 24, 2012
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Eight of Nine bullish breadth days.. trend continues $study

Score: +6   Lest you think the bulls are not in control 8 of the last 9 days have had bullish breadth scores and the trend continues.     Only the NYSE was able to put in a bullish breadth score, the RUT and Nasdaq remained neutral, but the trend remains up.    ...
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Breadth remains stable for the bulls, we think some downside testing is in the works. $study

January 23, 2012
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Breadth remains stable for the bulls, we think some downside testing is in the works. $study

Score: +6   In a tight range day, the bulls still managed to score positive, but those 52 week new highs are in danger again.     A bearish score on the 52 week new highs have us in a consolidation range.  We are looking to establish the lower range.     Our ten...
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Breadth remains with the bulls, but… 52 weeks new highs weak $study

January 19, 2012
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Breadth remains with the bulls, but… 52 weeks new highs weak $study

Score: +6    The 52 week new highs have us a little concerned about more upside as the cream of the crop is not advancing the market, we have a lifting tide situation.   The RUT came through with a decent performance but the 52 the NYSE and Nasdaq Comp were not able to...
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Breadth remains in the realm of the bulls $study

January 18, 2012
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Breadth remains in the realm of the bulls $study

Score: +8   Although the bulls did not hold the highs from yesterday, the did keep a bullish breadth score.  The default is still to the upside.     All good for the 52 week new highs.     The 10 day cycles remain the weak link as the upside momentum is slow.  ...
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Slight bearish breadth scores.. Bulls need some adrenalin $study

January 17, 2012
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Slight bearish breadth scores.. Bulls need some adrenalin $study

Score: –2   The bulls lost a little ground, but breadth remains bullish despite the score.     The 52 week new highs are struggling and the bulls need another breakout day, a piston fire to regain momentum.   The 10 Day cycles remain flat.. which is ok for a slow grind up.  ...
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Breadth stays bullish.. bears surprise $study

January 13, 2012
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Breadth stays bullish.. bears surprise $study

Score: +14   The bulls trend continues, ten day cycles bear watching.     52 week new highs need to start moving here to sustain the upside.     Our ten day cycles are suggesting a steady paced grind.  No rush to get in is the message, but meanwhile the markets keep creeping higher....
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Bulls go three in a row, can they put in a fourth? $study

January 12, 2012
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Bulls go three in a row, can they put in a fourth? $study

Score: +8   Three in a row, here we go.  Wednesday was an easy day for the bulls, today to get a bullish score should produce some challenges.  A gap open, should we hold through the initial jobless claims will really impress and put the bulls onto their pace.     52 week new...
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Bullish now 2 days in a row, today should be easy for them $study

January 11, 2012
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Bullish now 2 days in a row, today should be easy for them $study

Score: +10   Finally, a two day signal that sets a trend.  The bulls had a hard set of numbers to beat, but the gap up and hold allowed for a decent day for the bulls.  There is a headwind this morning with a gap down, so a bullish or neutral score today would...
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