tag:blogger.com,1999:blog-8765832528826242391.post8442432531033581037..comments2024-03-28T11:33:25.049-07:00Comments on Cyclical Market Analysis: $SPX - Surprise November Rally SChttp://www.blogger.com/profile/09474760275693948933noreply@blogger.comBlogger53125tag:blogger.com,1999:blog-8765832528826242391.post-19890496887812550922012-11-10T16:09:56.343-08:002012-11-10T16:09:56.343-08:00Nicely timed Jay. I'll have charts and analys...Nicely timed Jay. I'll have charts and analysis tomorrow. Similar idea. SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-69115338605252235432012-11-10T12:32:56.596-08:002012-11-10T12:32:56.596-08:00HI SC
as promised on Monday, the LOW came in Nov 9...HI SC<br />as promised on Monday, the LOW came in Nov 9th -Friday. <br /><br />EVEN tho there is some WEAK upside potential next week, that should only provide another shorting opp. <br /><br />A MORE important pivot low should occur before the end of the month, giving a BUY opp for December.<br />Best wishes<br />Jaywiz Jay Strausshttps://www.blogger.com/profile/11442169444589843815noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-73164974867874737362012-11-09T12:11:36.873-08:002012-11-09T12:11:36.873-08:00Yes, I'm holding for higher levels next week.Yes, I'm holding for higher levels next week. SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-83276654278441916162012-11-09T12:05:55.287-08:002012-11-09T12:05:55.287-08:00Hi SC, are u planning to keep your long position t...Hi SC, are u planning to keep your long position to monday, in case you dont hit your target today ? Alex Thttps://www.blogger.com/profile/16376318940887262287noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-69539530076971331762012-11-09T11:09:37.983-08:002012-11-09T11:09:37.983-08:00Nice Call on long SP trade... I was long myself cl...Nice Call on long SP trade... I was long myself closed at 1380<br /><br />Nice article on SPY bottoming by CNBC <br /><br />http://www.cnbc.com/id/49760677Afshaikhhttps://www.blogger.com/profile/07706941833055902863noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-14270352931540736972012-11-09T09:17:00.089-08:002012-11-09T09:17:00.089-08:00My plan is to take profit on this trade around 140...My plan is to take profit on this trade around 1405 SPX give or take. I think dip after that and a bigger surprise coming on the upside. <br /> SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-79321517660420104642012-11-09T07:41:49.854-08:002012-11-09T07:41:49.854-08:00I'm long SPX at 1378. I don't take long p...I'm long SPX at 1378. I don't take long positions lightly as previously stated due to my larger cycles, but this is a low risk entry in my work. Just a trade.<br /><br /> SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-75164202885008101022012-11-09T06:34:15.350-08:002012-11-09T06:34:15.350-08:00I don't expect much rally today, but early nex...I don't expect much rally today, but early next week can see 1400 tested in an initial pop imo.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-19706441527733441582012-11-09T06:29:50.681-08:002012-11-09T06:29:50.681-08:00I have a plan for SPX and UVXY and will have chart...I have a plan for SPX and UVXY and will have charts coming on the weekend. SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-727151957605125852012-11-09T06:07:09.523-08:002012-11-09T06:07:09.523-08:00Yes, remember I said previously $32 was important ...Yes, remember I said previously $32 was important support for Silver. It has consolidated here, and I do think it will rise from this support level. <br />SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-934857819290058602012-11-09T06:04:24.819-08:002012-11-09T06:04:24.819-08:00I said in the analysis that it could be soft first...I said in the analysis that it could be soft first this week, and I just went long S&P yesterday at the low of the day. <br /><br />Yes, I still think a November rally is coming, and it's going to be powerful. SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-40509581916661406642012-11-09T05:35:13.535-08:002012-11-09T05:35:13.535-08:00The rally is there, but the declines are a lot str...The rally is there, but the declines are a lot stronger. Or, SC will spin it that the surprise rally is a lot weaker than expected. But he's still profitable (somehow). cbear2https://www.blogger.com/profile/16201145337136246467noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-69499823662683982242012-11-09T04:30:02.335-08:002012-11-09T04:30:02.335-08:00so much for 1377 support...now dont delete my post...so much for 1377 support...now dont delete my post again...<br /><br />Afshaikhhttps://www.blogger.com/profile/07706941833055902863noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-33170303698423513342012-11-09T00:43:40.583-08:002012-11-09T00:43:40.583-08:00Hi Sc,
I would like to have your views on gold an...Hi Sc,<br /><br />I would like to have your views on gold and silver recent developments. More precisely, do you think the consolidation phase around €32 comes to an end ?<br />ThanksBobo Mikhttps://www.blogger.com/profile/13312529043980317394noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-4722706157168434632012-11-08T16:15:31.322-08:002012-11-08T16:15:31.322-08:00Reasons that I bought S&P today are that first...Reasons that I bought S&P today are that first of all I have very positive short term cycles due in Nov. The VIX was down all day along with SPX. A great clue. XIV held solid all day with no lowers lows today. <br /><br /><br />1377 is important support:<br /><br />The orange line from Oct 29th analysis shows the support at 1377:<br /><br />http://cyclicalmarketanalysis.blogspot.ca/2012/10/spx-short-term-update.htmlSChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-17908849528843905252012-11-08T14:08:03.140-08:002012-11-08T14:08:03.140-08:00I still think we can see a pretty serious rally sh...I still think we can see a pretty serious rally short term. It does need to firm up down here first. I'm going to review the levels some more. SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-40373112104264190282012-11-08T13:47:47.470-08:002012-11-08T13:47:47.470-08:00Thanks SC. Whats your upside targer on SPX for nex...Thanks SC. Whats your upside targer on SPX for next week ? Alex Thttps://www.blogger.com/profile/16376318940887262287noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-38067983613910516162012-11-08T13:34:39.498-08:002012-11-08T13:34:39.498-08:00This 1377-80 SPX is quite important.
SCOctober...This 1377-80 SPX is quite important. <br /><br /> SCOctober 25, 2012 1:09 PM<br /><br />"I still think bounce first but I also agree a lower low in Nov. 1380 SPX is support imo."<br />SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-59867792137772547252012-11-08T13:28:55.918-08:002012-11-08T13:28:55.918-08:00Went long SPX with UPRO at $79.25 in aftermarket.Went long SPX with UPRO at $79.25 in aftermarket.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-72664344404042841552012-11-08T07:01:11.235-08:002012-11-08T07:01:11.235-08:00It already looks quite stretched on the downside. ...It already looks quite stretched on the downside. Very little is possible still I would say. SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-61514683292239754252012-11-08T06:47:43.597-08:002012-11-08T06:47:43.597-08:00Thanks SC for the insight. Do you foresee any down...Thanks SC for the insight. Do you foresee any downside risk ? like a further low to 1370-1375ish region in SPX ? Alex Thttps://www.blogger.com/profile/16376318940887262287noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-25918027603668630302012-11-08T05:46:59.076-08:002012-11-08T05:46:59.076-08:00I'll probably go long XIV later today or tomor...I'll probably go long XIV later today or tomorrow. I do think the market will likely take a few days to absorb, and solidify here so likely quiet for a few days. Next week I expect the positive cycle to hit, and it should be powerful.<br /><br />Within a week or so it would not surprise me to see a 50 point plus up day on SPX. SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-76754083852703317952012-11-07T12:27:43.662-08:002012-11-07T12:27:43.662-08:00I agree, these attacks are lame and distract from ...I agree, these attacks are lame and distract from the effort of trading. If you don't like this site, don't visit it. Spudthorpehttps://www.blogger.com/profile/14053052022741919186noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-56347065558806571042012-11-07T12:16:15.035-08:002012-11-07T12:16:15.035-08:00Usually when the market has a big down day it take...Usually when the market has a big down day it takes a day or two to solidify. I don't think there is any rush yet so haven't gone long yet, and waiting for a few signals to line up first. SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-89579091369392390192012-11-07T12:03:08.680-08:002012-11-07T12:03:08.680-08:00I agree , the negativity must be avoided.
SC, wha...I agree , the negativity must be avoided. <br />SC, whats your take on how long it will take the market to recover todays loss in SPX ? Alex Thttps://www.blogger.com/profile/16376318940887262287noreply@blogger.com