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Daily Market Analysis for 29 Jun 2011 Close

Market Timing Summary: Market Timing Direction: LONG  Direction  Note Market Breadth Pattern  Bullish We saw some accumulation yesterday, however, the number of stocks accumulated is not high enough to confirm that reversal has taken place. However, the latest pattern we saw was a bullish “1 Bar Reversal” pattern which anticipates trend reversal. This reversal in … Continue reading

Daily Market Analysis for 28 Jun 2011 Close

Market Timing Summary: Market Timing Direction: LONG  Direction  Note Market Breadth Pattern  Bullish We saw some accumulation yesterday, however, the number of stocks accumulated is not high enough to confirm that reversal has taken place. However, the latest pattern we saw was a bullish “1 Bar Reversal” pattern which anticipates trend reversal. This reversal in … Continue reading

Daily Market Analysis for 27 Jun 2011 Close

Market Timing Summary: Market Timing Direction: LONG  Direction  Note Market Breadth Pattern  Bullish We do not see strong breadth either to the upside or the down side. We might be stuck in a range for a couple of days. The latest pattern we saw was a bullish “OneBarReversal” pattern which anticipate trend reversal. This reversal … Continue reading

Daily Market Analysis for 23 Jun 2011 Close

Market Timing Summary: Market Timing Direction: LONG  Direction  Note Market Breadth Pattern  Bullish Yesterday’s late afternoon buying triggered my One Bar Reversal bullish pattern. This is a strong 1 day reversal which occurred in a declining market which did not see significant selling in the past week. Down trending stocks exhibit higher volume activities but … Continue reading

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