Wednesday, August 14, 2013

Markets Beckstage

Dow Jones Industrial Average 15337.66 -113.35 -0.73%
S&P 500 Index 1685.39 -8.77 -0.52%
Nasdaq Composite 3669.27 -15.16 -0.41%
Nasdaq 100 3129.44 -11.61 -0.37%
Russell 2000 1047.80 -4.18 -0.40%
Spot Gold 1341.71 21.56 1.63%
Crude Oil 107.15 0.66 0.62%
NYSE Overall Volume 2,903,259K n/a -4.36%
Nasdaq Overall Volume 1,622,363K n/a -1.29%
NYSE Breadth 1.57 : 1 negative
Nasdaq Breadth 1.27 : 1 negative
NYSE Breadth Ratio 38.87
Nasdaq Breadth Ratio 44.05
NYSE Advancers/Decliners -1062
Nasdaq Advancers/Decliners -422
NYSE Trin 0.75
Nasdaq Trin 0.89
$VIX 13.04 0.73


Market Outlook - S&P 500 Monthly, Weekly, and Daily bias.

MONTHLY - Bullish. Expansion of range made July bar large with a new all time high.

WEEKLY - Neutral to Bearish. Red bar's body inside of prior week's green bar.

DAILY - Neutral to Bearish. Down bar yesterday but still well within range. Value continues to overlap. Possible head and shoulders top forming on daily SPX.


                                   ES
                       NQ
Value Area High 1687.50 3137.25
Point of Control 1684.00 3132.75
Value Area Low 1682.50 3128.25
R3 1700.75 3156.58
R2 1697.00 3150.17
R1 1689.50 3136.83
Pivot 1685.75 3130.42
S1 1678.25 3117.08
S2 1674.50 3110.67
S3 1667.00 3097.33