HIGHER RSI:LOWER S&P CLOSE BULLISH DIVERGENCE NEGATIVE REVERSAL S&P PRICE PROJECTION

Nasdaq New High-New Lows 10 day Moving Average

The Nasdaq New High-New Lows 10 day Moving Average has been negative since mid-May. This was a signal to sell the Market. One should buy the Market when the MA goes positive (e.g. early April 2009). See http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID95481&cmd=show[s77697062]&disp=O for more signals from Henri Straetmans.

Is this it?

The S&P has reached the Standard Line. Does the big drop begin now?

Numerous Bear MA-Bear Alligator Pounce Signals Today

The PERIOD OPEN <10 PERIOD MA <50 PERIOD MA <200 PERIOD MA & PERIOD OPEN < ALLIGATOR LIP less than TEETH less than JAW POUNCE AT THE OPEN BUY TZA rang numerous times today. The alligator formulas were modified from Bill Williams's book (they are reminicient of the lagging MA in Ichimoku charts). The formula for this signal for excel line 1441 is: =AND(PA1441>0.13,BN1441>-1.75,BL1440>-0.32,BM1441>-0.113,D1441 less than AVERAGE(D1432:D1441),AVERAGE(D1432:D1441) less than AVERAGE(D1392:D1441),AVERAGE(D1392:D1441) less than AVERAGE(D1242:D1441),AND(D1441 less than AVERAGE(D1438:D1441),AVERAGE(D1438:D1441 less than AVERAGE(D1433:D1440),AVERAGE(D1433:D1440)less than AVERAGE(D1425:D1437))), where D is the TNA 10 minute Period Open, BM1441=(J1441-J1440)/J1440, J is the KVO Line, BL1440=(J1440-K1440)/K1440, K is the KVO Trigger Line, BN1441=BM1441/BM1440, PA1441=ABS(L1441-L1440)/ABS(L1440-L1439+0.0001), L is the Demarker. Pounce means buy as soon as the signal rings and sell during the same period at the perceived low.
13:30 34.5864 34.13
13:40 34.1499 33.72
13:50 33.8297 33.41
14:00 33.49 33.8198 (2.22%)
14:50 33.61 33.22
15:00 33.2799 32.96
15:10 33.26 32.85
15:20 32.909 32.52 (3.24%)

Tight Bull Flag on Friday

BULL TIGHT FLAG BUY TNA AT NEXT PERIOD OPEN & SELL AT HIGH 2 PERIODS LATER Signal rang in period 1409 7/2/2010 TNA 14:40PM. Formula is AND(OJ1409greater than 0.58,MAX(D1403:D1405)greater than MAX(D1406:D1407),MAX(D1406:D1407)greater thanMAX(D1408:D1409),MIN(D1403:D1405)less than MIN(D1406:D1407),MIN(D1406:D1407)less than MIN(D1408:D1409)). D is the TNA open for period and OJ1409=ABS(D1409-D1408+0.001)/ABS(D1408-D1407+0.0001).

7/2/2010 TNA 14:50 34.2 34.45
7/2/2010 TNA 15:00 34.41 34.68
7/2/2010 TNA 15:10 34.68 34.72 (1.52%)

May Get Short Relief Rally and Then DOWN

Here's 2 more reasons:
15. Weekly TNA Kagi went negative yesterday.
16. Daily TNA Kagi went negative yesterday.

Signal 9D Picks Up Yesterday's AM TNA Run

9D= LOWER AO(H) DIFF [BK]:HIGHER OPEN(D) BEARISH DIVERGENCE POSITIVE REVERSAL rang in the 10:50 AM Period (line 1308). The formula is: =AND(D1308>D1306,D1307>D1308,BT1308 less than BT1307 and BT1308 less than BT1306,BT1307>BT1306,BO1308>-0.46,BO1308<1.629,OR(BS1308<-1.97,BS1308>15.09)). Target Price was 39.11. BT1308=(H1308-H1307)/H1307, where H is the AO. BO1308=BN1308/BN1307. BN1308=(J1308-J1307)/J1307, where J is the KVO Line. BS1308=BM1308/BN1308, where BM1308=(J1308-K1308)/K1308, where K is the KVO Trigger Line.
6/30/2010 TNA 10:50 38.51
6/30/2010 TNA 11:00 38.27
6/30/2010 TNA 11:10 38.21
6/30/2010 TNA 11:20 38.52
6/30/2010 TNA 11:30 38.24
6/30/2010 TNA 11:40 38.7 39.04
6/30/2010 TNA 11:50 39.01 39.1799
(39.11-38.51)/38.51=1.53%...Had a nice nap while the price ran up...