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hiker

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Reply with quote  #1 
continued from the prior post in 2009 about Glen's CCI and moving average price targeting/signalling system -

http://forums.technicalwatch.com/post?id=3245042

May 6, intraday chart update

Glen's May 5th end-of-day comment -

The target for today was the 140MA at $7228.04...No lower signals yet...CCI100 would need to cross below -100 for a move to the 200MA now at 7062.50

NYA 60-minute chart view as of 10:29 a.m.:



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hiker

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Reply with quote  #2 
May 6th intraday update for XLF weekly closes, since a later look-back reference may prove useful:

* XLF major price horizontal of $15.64 is now being tested from above


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hiker

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Reply with quote  #3 
May 6th intraday update for the NYA High-Low-Close price bars:


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hiker

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Reply with quote  #4 
May 6 intraday update for smoothed 1-min TICK closes with other chart elements which display price action relative to major horizontals:



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hiker

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Reply with quote  #5 
May 6th 11:33 a.m. update for Glen's NYA 60-minute chart:

* the CCI-100 now resides at approx. -31 level ...and continues to point down

Attached Images
Name: NYA_60-min_by_Glen_-_intraday_update.png, Views: 149, Size: 207.62 KB



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hiker

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Reply with quote  #6 
May 6th 11:43 a.m. update for the SPX daily chart (depicts daily closes and today's current price) -

SPX daily chart - $1148.68 is the 89-day ema

Attached Images
Name: SPX_daily_closes_-_$1148.68_is_the_89-day_ema_-_intraday_update.png, Views: 146, Size: 110.03 KB



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hiker

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Reply with quote  #7 
May 6th 12:21 p.m. update for Glen's NYA 60-minute chart:

* the CCI-100 now resides near the same level it was at the prior 11.33 a.m. update

... AND the fact it remains above the -50 level is likely significant .. today's close must remain above the -50 level, or more danger is signalled!

Attached Images
Name: NYA_60-min_by_Glen_-_intraday_update.png, Views: 128, Size: 208.65 KB



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hiker

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Reply with quote  #8 
May 6 12:33 p.m. chart update for smoothed 1-minute TICK closes, and relevant price horizontals vs. price action:

Attached Images
Name: smoothed_TICK.png, Views: 120, Size: 53.35 KB



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hiker

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Reply with quote  #9 
May 6th 1:26 pm chart update for smoothed 1-min TICK closes, AND relevant price action:

* NYA $7083 achievable now?

Attached Images
Name: smoothed_TICK.png, Views: 109, Size: 53.19 KB



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hiker

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Reply with quote  #10 
May 6th 1:45 pm update:

Attached Images
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hiker

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Reply with quote  #11 

1:50 pm, May 6, 2010 - NYA $7002.47 shown in red on the daily closes chart

Attached Images
Name: NYA_$7002.47_shown_in_red_on_the_daily_closes_chart_-_intraday_update.png, Views: 105, Size: 98.05 KB



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hiker

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Reply with quote  #12 
May 6th 2:27 pm update:

Attached Images
Name: smoothed_TICK.png, Views: 101, Size: 50.81 KB



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hiker

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Reply with quote  #13 
May 6, 2:30 pm chart update:

Attached Images
Name: NYA_60-min_HLC_bars_since_June,_2008_-_intraday_update.png, Views: 99, Size: 74.59 KB



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hiker

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Reply with quote  #14 
May 6 2:42 pm chart update -

Attached Images
Name: smoothed_TICK.png, Views: 98, Size: 50.41 KB



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hiker

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Reply with quote  #15 
May 6th closing-basis update for the:

NYA High-low-Close price bars for the 60-minute chart time frame -

Attached Images
Name: NYA_60-min_HLC_bars_since_June,_2008_-_May_6.png, Views: 93, Size: 74.29 KB



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hiker

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Reply with quote  #16 
May 6th closing-basis update for:

Glen's 60-min NYA chart -

* note the CCI-100 level now resides very near the -100 level

* NYA price resides below the 200-period sma and below the 200-period ema

Attached Images
Name: NYA_60-min_by_Glen_-_May_6.png, Views: 89, Size: 205.60 KB



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hiker

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Reply with quote  #17 
May 6th close

chart of daily number of new NYSE new 52-week highs, with other price and VIX data in this chart:

* FXI does not have much lower to travel in order to achieve a new daily close low for 2010

Attached Images
Name: NYSE_no._of_new_highs_-_May_6.png, Views: 57, Size: 85.35 KB



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