Tuesday, May 14, 2013

Market LookBeck

Dow Jones Industrial Average 15215.25 123.57 0.82%
S&P 500 Index 1650.34 16.57 1.01%
Nasdaq Composite 3462.60 23.81 0.69%
Nasdaq 100 2996.04 13.95 0.47%
Russell 2000 985.95 12.16 1.25%
Spot Gold 1428.38 -10.82 -0.75%
Crude Oil 94.36 -1.05 -1.10%
NYSE Overall Volume 3,432,066K n/a 20.16%
Nasdaq Overall Volume 1,793,288K n/a 12.16%
NYSE Breadth 3.65 : 1 positive
Nasdaq Breadth 2.73 : 1 positive
NYSE Breadth Ratio 78.50
Nasdaq Breadth Ratio 73.21
NYSE Advancers/Decliners 1051
Nasdaq Advancers/Decliners 988
NYSE Trin 0.57
Nasdaq Trin 0.88
$VIX 12.77 0.22

MONTHLY - Bullish - Fifth consecutive bullish monthly bar close with higher high.

WEEKLY - Bullish - Second consecutive higher high, but with danger of overextension to upside now.

DAILY - Bullish - Bullish with breakout to new highs, however risk of new longs extremely high here as SPX cash closed 53 points above 20 period SMA. Over 40 points is considered over extended.



                                        ES
                            NQ
Value Area High 1648.00 3002.25
Point of Control 1645.00 3000.00
Value Area Low 1643.00 2990.50
R3 1671.25 3032.50
R2 1660.00 3018.75
R1 1654.00 3007.00
Pivot 1642.75 2993.25
S1 1636.75 2981.50
S2 1625.50 2967.75
S3 1619.50 2956.00