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Daily Market Analysis for 28 Oct 2011 Close

Welcome to Objectively Defined Non-Ambiguous Market Timing Analysis. Market Timing Direction: LONG since Oct 27 Close.  Analysis  Direction  Note Market Breadth Pattern  Bullish If you look at the indexes, Friday was a mixed day with DJI and SPX barely positive while Nasdaq closed slightly negative. But, under the surface, we have sufficiently more accumulation than distribution. Breadth-wise, … Continue reading

Daily Market Analysis for 27 Oct 2011 Close

Welcome to Objectively Defined Non-Ambiguous Market Timing Analysis. Market Timing Direction: LONG since Oct 27 Close.  Analysis  Direction  Note Market Breadth Pattern  Bullish Yes, there was a follow-through with very high number of stocks considered accumulated, the largest ever since I collected the data. So, it is fair to say that we are in a rather uncharted … Continue reading

Daily Market Analysis for 26 Oct 2011 Close

Welcome to Objectively Defined Non-Ambiguous Market Timing Analysis. Market Timing Direction: NEUTRAL since Oct 21 Close.  Analysis  Direction  Note Market Breadth Pattern  Neutral Breadth-wise, Wednesday was relatively strong with a lot more accumulation than distribution. However, the accumulation was not big enough to trigger my Strong market state. With yesterday’s afternoon conclusion of the EU summit, we … Continue reading

Daily Market Analysis for 25 Oct 2011 Close

Welcome to Objectively Defined Non-Ambiguous Market Timing Analysis. Market Timing Direction: NEUTRAL since Oct 21 Close.  Analysis  Direction  Note Market Breadth Pattern  Neutral Looking at the indexes, we see heavy sell-off. Would the breakout above resistance on Oct 21 be a failure after all? Only time will tell. I think what comes out of the Euro summit … Continue reading

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