Wednesday, May 15, 2013

Market LookBeck

Dow Jones Industrial Average 15275.69 60.44 0.40%
S&P 500 Index 1658.78 8.44 0.51%
Nasdaq Composite 3471.61 9.00 0.26%
Nasdaq 100 3002.62 6.57 0.22%
Russell 2000 988.53 2.58 0.26%
Spot Gold 1389.44 -38.94 -2.73%
Crude Oil 94.18 -0.18 -0.19%
NYSE Overall Volume 3,638,612K n/a 6.02%
Nasdaq Overall Volume 1,815,721K n/a 1.25%
NYSE Breadth 2.04 : 1 positive
Nasdaq Breadth 1.79 : 1 positive
NYSE Breadth Ratio 67.12
Nasdaq Breadth Ratio 64.22
NYSE Advancers/Decliners 289
Nasdaq Advancers/Decliners 293
NYSE Trin 0.59
Nasdaq Trin 0.71
$VIX 12.81 0.04

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 - With extreme over extension. SPX has traded ten points through upper channel resistance.

                                             ES
                            NQ
Value Area High 1658.50 3002.25
Point of Control 1655.00 2994.50
Value Area Low 1649.00 2991.00
R3 1676.75 3031.50
R2 1668.25 3018.00
R1 1661.25 3009.50
Pivot 1652.75 2996.00
S1 1645.75 2987.50
S2 1637.25 2974.00
S3 1630.25 2965.50