A PART OF NY » Stock Market http://www.apartofny.com A Macro View on the minutiae Wed, 28 Jul 2010 16:45:56 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 The 89 EMA BB http://www.apartofny.com/2010/07/the-89-ema-bb/ http://www.apartofny.com/2010/07/the-89-ema-bb/#comments Wed, 28 Jul 2010 16:45:56 +0000 admin http://www.apartofny.com/?p=2518 Until I am ready to post a new count here is a chart to keep an eye on….

]]> http://www.apartofny.com/2010/07/the-89-ema-bb/feed/ 0 July 27 Action http://www.apartofny.com/2010/07/july-27-action/ http://www.apartofny.com/2010/07/july-27-action/#comments Wed, 28 Jul 2010 11:23:20 +0000 admin http://www.apartofny.com/?p=2512 This SP500 chart explains the action yesterday. The Market managed to get back above the green resistance line however it is struggling with the red resistance line.

Also this chart on The Russell 2000 Keltner Bands implies an intermediate top is in:

]]> http://www.apartofny.com/2010/07/july-27-action/feed/ 0 EW count update July 23 http://www.apartofny.com/2010/07/ew-count-update-july-23/ http://www.apartofny.com/2010/07/ew-count-update-july-23/#comments Fri, 23 Jul 2010 21:35:33 +0000 admin http://www.apartofny.com/?p=2504 I am switching back and forth between my Primary and my Alt Count.  This means that the rally could still have some room to go, although it may be limited, and in fact we could be in an Ending Diagonal.  You should gather from this that confusion is afoot.

My 2 main counts below and a 15 min close up of the July 1 Rally.  If we are in the ED scenario then we either completed the rally or will do so on Monday, with 1106 being a potential top.  If not then we could Rally upto 1130+.  hopefully we should get clarity soon.

15 min Close up

Primary

Alt

]]> http://www.apartofny.com/2010/07/ew-count-update-july-23/feed/ 1 Some Financial Astrology http://www.apartofny.com/2010/07/some-financial-astrology/ http://www.apartofny.com/2010/07/some-financial-astrology/#comments Fri, 23 Jul 2010 14:43:56 +0000 admin http://www.apartofny.com/?p=2501 I’ll just leave you with this chart, regarding this weekend Saturn-Uranus Opposition.

Financial Astrology

Financial Astrology

]]> http://www.apartofny.com/2010/07/some-financial-astrology/feed/ 7 July 22 2010 EW Count http://www.apartofny.com/2010/07/july-22-2010-ew-count/ http://www.apartofny.com/2010/07/july-22-2010-ew-count/#comments Thu, 22 Jul 2010 21:11:18 +0000 admin http://www.apartofny.com/?p=2497 Market ramped up overnight and then marked up all day on very low volume.  Another Bear Market Rally, where up volume was above 90% for most of the day.   Still my wave 3 down count was clearly wrong.  I am now equal weighted on my two top counts at the moment, so I’ll just give you those two hourlies.

Top Count

Top Alternative

]]> http://www.apartofny.com/2010/07/july-22-2010-ew-count/feed/ 0 EW update on Bernanke Day http://www.apartofny.com/2010/07/ew-update-on-bernanke-day/ http://www.apartofny.com/2010/07/ew-update-on-bernanke-day/#comments Wed, 21 Jul 2010 20:27:13 +0000 admin http://www.apartofny.com/?p=2488 So Ben Bernanke is back on TV in front of the Congress explaining how the economy sucks and that he has not got a clue why.  Sounds like his Sub-prime can be contained speech.  The market did not like it.

Ben today gave me the impression that the economy was just as bad as in 2008 again, except he has already shot off all the big guns and all he has left is a pea-shooter.

It looks like a wave 3 down did start today, although we need to beak 1056 for confirmation.  Counts updated below.

Hourly Count

30 Min Count

2 Min Count

Daily Count

Alt Count

]]> http://www.apartofny.com/2010/07/ew-update-on-bernanke-day/feed/ 6 Make or break time http://www.apartofny.com/2010/07/make-or-break-time/ http://www.apartofny.com/2010/07/make-or-break-time/#comments Tue, 20 Jul 2010 21:43:10 +0000 admin http://www.apartofny.com/?p=2479 The correction turned more complex and we are now back at the top of the primary C bear Channel.  If we get a major rally tomorrow then the nested 1-2’s count is likely wrong, as we need to go down big in order for my count to be accurate.   2 Min and 30 min and hourly count updated along with my top Alt Count.

Hourly

30 Min

2 Min

Top Alt Count

Should the main count become invalid.

]]> http://www.apartofny.com/2010/07/make-or-break-time/feed/ 0 TNX – 10 Year Treasury Yield Count http://www.apartofny.com/2010/07/tnx-10-year-treasury-yield-count/ http://www.apartofny.com/2010/07/tnx-10-year-treasury-yield-count/#comments Mon, 19 Jul 2010 23:52:47 +0000 admin http://www.apartofny.com/?p=2476 Okay my first stab at TNX with a macro count from 1979.  Feedback welcomed.

]]> http://www.apartofny.com/2010/07/tnx-10-year-treasury-yield-count/feed/ 2 July 19 Synth Count Update http://www.apartofny.com/2010/07/july-19-synth-count-update/ http://www.apartofny.com/2010/07/july-19-synth-count-update/#comments Mon, 19 Jul 2010 20:52:31 +0000 admin http://www.apartofny.com/?p=2470 This market does not want to go down without an apathetic tantrum, and so we are seeing a few of them.  Every Rally seems to be on lesser volume and more and more retracement exhaustion.  I cant see it going on much longer though and then we will likely see the mother of all collapses.  BTW I think the BP oil well has caused a collapse in the seabed of the gulf and is causing lots of leaks seaping out of the seabed all around the site.

Count updated below – we should see a wave 3 down start tomorrow.

2 Min Count

30 Min Count

Hourly Count

Daily Count

]]> http://www.apartofny.com/2010/07/july-19-synth-count-update/feed/ 1 Tough to count http://www.apartofny.com/2010/07/tough-to-count/ http://www.apartofny.com/2010/07/tough-to-count/#comments Sat, 17 Jul 2010 13:01:25 +0000 admin http://www.apartofny.com/?p=2459 The last several days have been extremely tough to count.  I am not sure how much of this is due to the manipulation associated with OPEX week or whether this is just what happens ahead of a major collapse.  My count is starting to look a little clearer and so I’ll give you a quick update.

This down move should last till about SPX 875.

30 Min SP500

daily SP500

30 Min Russell 2000

Daily Russell 2000

A SPY channel

NYSE Cumulative Advance Decline Line

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