Ford 1000 day

Ford testing the 1000 day moving average(weekly 200) and the Monthly S1 pivot point. Double bottom?

Dow Jones yearly pivots

The yearly Pivots have been great for major trend changes. I'm still in the camp that we will see the yearly Pivot(P) at 11850 ish soon.

Natty Ms1 to Mr1

Natgas etf (UNG) low this month was on the monthly S1 pivot point(MS1) and today kissed the monthly R1 pivot point(MR1).

DJIA looking for YPP

The $DJIA bounce off the monthly S1 pivot point in early June and retraced 61.8% of the May pullback. Since the yearly R1 pivot was the high this year, I still believe we will go down to test the yearly pivot(P) at 11836. The 500 day is also down there.

Financial Astrology says we go lower

Merriman

Rosecast

The Planetary Event: How it May Change Your Life

USO and XLE

USO oil ETF is on the yearly S1 pivot(purple line) and the yearly Camarilla yearly L4 pivot point(light blue line). Will these hold or does it need to go down to Demarks DML pivot at $25.35? Demarks high pivot(DMH) was the high this year.

XLE has gone from a high this year at yearly H3 pivot point to the yearly L3 pivot point an d the 1000 day. I'm watching $61 for a double bottom  and bounce.

UNG MS1 to MR1?

UNG (natgas ETF) found support on the monthly S1 pivot point and now is looking for the monthly R1 puvot point.

S&P resistance close at 1350

The S&P has rallied the past 2 weeks off the monthly S1 pivot point. The 50 day moving average above and open gap at 1350 should put a lid on the rally this week. Financial Astrology is calling for a market meltdown sometime in the next 2 weeks before a July rally starts. Some are calling for a drop to 1150-1200. Caution is the word for the next 2 weeks!

Nokia yearly S1

I'm watching NOK for a buy signal on the yearly and monthly S1 pivot points.

ANR on support

ANR is testing support on the monthly and yearly S1 pivot point.

Bradley Model date this week

We have a major Bradley Model trend change date this week(+/- a week). I am looking for a blow off low this week or next week at 11800 ish on the DJIA(see post below). The 2012 Bradley Model is calling for a rally to start soon and run to July 28th, 2012(+/- a week). Then in August the selling starts again and doesn't end until xmas.

DJIA possible IHS

The DJIA low this month was on the Monthly S1 pivot point. The high so far this month is at the Monthly Pivot(P). It looks like a possible inverse head and shoulders(IHS) pattern setting up at 12300ish. If 12300 breaks then look for the open gap at 12130. I still feel this pullback won't end until we test the yearly  pivot point(P) at 11836ish. We should see that sometime in the next few weeks......probably next week is my best guess.

Facebook support and resistance levels for this week

Here are the weekly and monthly pivot points for Facebook(FB) trades this week. FB found support last week on the weekly S1 pivot point.

Quad Opex week

welcome to Quad Opex(options expiration) week. Over night we gapped up but since then have filled the gap(Fridays clsoe). Also, Sept Dow futes(YM) kissed the weekly R1 pivot point and the 50 day moving average. Will we pin 12,000 this week, or make a right shoulder around 12250 on a possible IHS pattern and bounce up to 13,000?

buy signal on Crude oil

The yearly S1 pivot point held again. The price of oil has gone from a high this year at the yearly R1 pivot point to the low this year at the yearly S1 pivot point. Now I am seeing a buy signal on crude oil. Probably go back up to the yearly P at $93.97.

ZNGA YR4 to Ys3

ZNGA high this year was at the yearly R4 pivot point in March. Now it is bouncing off the yearly S3 pivot point.

$DXY update

The U.S. Dollar's rally stopped at the yearly R1 pivot point. Look for next support at $81.62(20 dma, monthly pivot point and the 38% fib). There is open gap at $81.50.

Full moon reversal

Looks the the full moon on Monday along with the Monthly S1 pivot point, has caught the fall so far. Many times we see a reversal buy signal around full moons. I think we could go to 1310 and fill a open gap, before retesting Mondays low in the next few days/weeks. My target is still 1250/1234 by quad opex(+/- 1 week).

Facebook pivot points

Here are the weekly(this week only) and monthly pivots to use as support and resistance for Facebook. Green lines are the monthly pivots and the grey lines are the weekly pivot points.

Crude oil YR1 to YS1

Bull harami pattern today on the yearly S1 pivot point.  This should be support. We should bounce here! Use todays low as a stop loss.

Here is a chart of September Crude oil futures. Same story....the yearly R1 pivot point was the high then down to the yearly S1 pivot point for support.

Wal Mart testing resistance

Wal Mart stock has been on fire this year, Here it's testing the Camarilla yearly H4/Demarks  Yearly High pivot points. Looming above is the Yearly R2 classic pivot point at $67.70. Look for a top on WMT soon.

XLE yearly H3 to L3 pivots

The XLE(Energy ETF) has gone from a high this year at the Camarilla H3 pivot point to the yearly L3 / Demarks yearly Low pivot point / 1000 day moving average here at $61.36. 3 Area's of support! Looking for a buy signal down here.

DJIA spoort levels below

My target of 11836(yearly pivot point((P)) by June 2012 quad opex is still on track. The 500 day moving average is at 11800 and the 50% fib retracement(2011 lows/2012 highs) is at 11850. Also, 12,000 is the monthly S1 pivot point. We probably test that on Monday.

$DXY sell signal at Yr1

The U.S. Dollar index has gone from the yearly pivot point(P) to the yearly R1 pivot point(R1). Looks like a sell signal too there.

August Gold

August Gold futures has found support on Demarks yearly low pivot point. Just below at $1502 is the monthly S1 pivot point.