continued from -

http://fib_1618.websitetoolbox.com/post?id=3708788

Monday, Oct 19 prior to AAPL reporting earnings on Monday evening

chart of the 233-day exponential moving average for the NYSE up volume to total volume ratio ... and major price horizontals for selected market averages:

* pullbacks, if any, by the 233-day moving average need to be supported by the September and October lows in order to preserve a near-term constructive chart pattern that has been in play since the March low ... one idea of several

 - the Sept. and Oct. lows for the 233-day moving average of the NYSE up volume ratio are more easily visible in the lower portion of the second chart within this post, which is the daily NYAD chart

Oct 19

cumulative NYAD chart:

* the current level for the cumulative NYAD resides about 1% below the prior peak from 2007

Oct 19

NYSE new 52-week highs ... and selected market average or sector values:

* NYSE Composite Index (NYA) continues the breakout above $7083 multi-year horizontal resistance ...
   $7083 failed for the first time in years to act as support in October, 2008, and this price level has not been seen again until this October, 2009

* will the breakout above 2009 horizontal resistance by USO and FXI be sustained, or will prices retreat back below resistance?

Oct 19

USO daily and monthly charts:

* price resides above initial prior 2008/2009 horizontal resistance

* $34.91 is simply the August low, and represents one idea for evaluating a continued constructive price pattern for the monthly chart, going forward

(the weekly chart for WTIC, West Texas crude oil, is located here in a prior post http://forums.technicalwatch.com/post?id=3728465 )

Wednesday, Oct 21 chart update -

daily chart of NYSE new 52-week intraday price highs (no. of NYSE symbols achieving such an event intraday) ... and price line vs. important price horizontals for a variety of items such as NYSE Composite Index (NYA):

* is NYA $7083 major multi-year horizontal going to act as support on this pullback?