Market Diary

Today was down day, but the rally towards closing, will lead probably lower open and close towards 825-830 range Expecting sideways to down choppy day tomorrow

Valid Cup and Handle pattern formation in RIMM Weekly

I am not seeing anything special in this charts. last 18 days form 3/10 -4/3 only 6 down days and all straight UP. (Staircase to UP and elevator to Down) from march 27 th onwards I have down bias. In that, two days down and 4 days UP. I am still holding all my puts and FAZ with some pain. If market still going UP next week (Which I am highly doubted), I have to adjust my positions. Enjoy your weekend and ready for Monday..

I am speculating two way of spider either 740 level and bounce back to 900 level or retrace on 740 and going back to 600 level !!

Please review last 7 days of market !! it is all over the place. compare this last 7 days with clean UP trend and clean Down trend. I think next week you can see some cleanup ..

I think Market is back on track with calculation. last two days market was following blue line (suppose to follow red) and today it went back and follow the red line. when you look at the news it all bad .. even if all news are bad market went up to 840 level. If you are long be careful, time to ka-ching.

Heavy news driven day tomorrow. Most of them will come on 7.30 AM CST

Look at the market divergence Squeeze indicator and Leader Indicator (Kind of MACD) staying at lower cross over.

Market rip UP on my face !! Yesterday's divergence continued today and followed blue line. still expects market will be lower. Todays 834-838 range I was expected last week. Let us see how market close tomorrow. All indicators are divergent with market

Big candle in Sider today and it nailed the tredline

Today Started very low and closed UP. Today was a divergent day between the calculated move. Is that "April Fools" Rally ? Tomorrow suppose to be a down day.

Who ever bought today in a TRAP right now.. will lead more selling tomorrow.. GAS on FIRE !!! Ka Ching on FAZ

As we expected retested 800 level and ready to go down for a last dip in this bear market ..

New moon started on March 26 th and next Full moon is on April 9 th

Next expecting turn period is April-7 th to 9th

As we expected last Friday, S&P went down this morning. Tomorrow will sideways to UP day, most probably S&P will retest 800 level and make sure 800 level is intact before going down!!

I Think S&P will retest 800 tomorrow

Today very good day for Bears, In spy 76 is the major support, If we break with in two days it will re test 67 area. either 76 or 67 .. :)

Today opened low and stood low. I think this is the start of last leg down of our bear market. Hopefully it will end mid of April and go Upper Ups..

I see Drys will come back

My Multi Monitor setup only for Piviots and Breadth

MOS has GAP resistance as well..

Thats how Market make -(c) http://evilspeculator.com/

The market continued its rally this week. It had a hard break downWednesday,but rebounded, followed by a gritching higher day today. This looks like adistribution area. My SP3XGO forecast says down into April 9th. I have attached my current SP3XGO chart, as a one time only free bonus.Feel free to forward this email anywhere you want. - Dr. Al Larson

Today I thought it will be sideways day.. But it ripped UP. When it close yesterday it nailed to blue line in the chart (false alrm) market still following the red line. If so about 1 PM CST from tomorrow, market will go down and down.. until Mid of April..

As GS is the leading indicator of the financials, you can see GS is down right now.. Be careful if you are long ..

Here is the Lower low statistics

Tomorrow will be sideways to down .. market will try to hold up 800 level

Very good example of News driven market. As expected, morning news market liked it and noon news didn't and closed UP 7.63. My expectation was 8-10 if it is UP.. Not bad But I am not making any money.. my portfolio is negative delta..

Look all indicators on ES ..

http://www.youtube.com/watch?v=vVkFb26u9g8

Tomorrow expecting start with 5-6 point down and expecting about 15 point down day.. If market get picked UP with some news around 10 AM CST instead of down it will be 8-10 point UP ============================= Tomorrow Enery Crossing over day ===========================

PIVIOT SCRIPT IS UPLOADED TO http://fazdane.blogspot.com

It is critical to hold of on 800 level. else it will fall like anything !!

This article came in Barrons last week.

As far as we are UP about 54 points today, tomorrow will be a down to sideways day, (if we can hold). I expected only 15 point UP day today.. It went too far.. (S&P following redline in the chart)