Ian Woodward's Investing Blog

Stock Market: Marking Time for Jobs Report

Well done Europe on winning the Ryder Cup.  Let’s hope the Friday Jobs Report doesn’t turn out to be another Boo Hoo!

The Market Indexes have fallen back as predicted, but Friday remains the big hurdle with the Jobs Report:

The markets are essentially at Stalemate, with a slight bias towards downwards:

Accumulation/Distribution is slightly better but not much than Stalemate…A healthy Market is a 3:1 Ratio between A+B/D+E:

Not much news in a dreary market, so let me leave you with the picture for the Jobs Report to come on Friday:

Less than a Month to go to the Seminar, so if you plan to come get cracking and sign up.

Best Regards,

Ian.

2 Responses to “Stock Market: Marking Time for Jobs Report”

  1. Richard B Says:

    Bandwidths are becoming fairly narrow again on many of the indices, and there’s also the wedge formed from the late July lows and the September highs. I suppose the Jobs Report is going to lead to a breakout from this squeeze, though it’s going to be interesting to see whether it’s a false breakout.

    The battle around the 0.5%B line seems to have occured exactly as Ian predicted.

  2. Fred Esch Says:

    Ian, you don’t hear thanks nearly enough. Please do know that your efforts really are appreciated. I am a very grateful HGSI subscriber.

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