Ian Woodward's Investing Blog

Thank you for your patience while I suffered a crashed Computer Hard Drive this past week, but hopefully I am back up and running. Today is Superbowl Sunday, and I am sure we all understand this “deflated” Choppy Market we are in.  I feel you all will understand the frustration of seeing the Market Indexes rise and fall over more than 100 points intra-day to say nothing about the daily swings we have endured the past month as I show in many of the charts in this Blog Note.

Fortunately the Canaries have provided excellent Earnings Reports, including AAPL, AMZN and NFLX, so I am hoping for a small new rally with the Canaries leading the charge:

Just look at what we have had to put up with this last month, and Investors and Traders must be very nimble:

However, with the recent Earnings Reports on some of the Canaries being excellent, the Leaders are holding up:

It goes without saying that the %Accumulation vs. Distribution Ratio is at Stalemate at ~1, i.e, 33% for each:

Even the Drummers Drumming Chart shows how choppy this market has been with change in direction every few days:

%B for the S&P 1500 is below 0.20 and therefore in the doldrums and close to breaking down below the Bandwidth:

The signal to re-engage the Market is when the %B for Bucket 0.2 to 0.3 exceeds 17% and we are flailing around:

This next favorite chart tells it all in a nut-shell…until this yin-yang stops we will stay in oscillation:

This last chart should convince you to stay out or be very nimble if you take trades when this market is so choppy.

Best Regards,

Ian

This entry was posted on Sunday, February 1st, 2015 at 12:43 pm and is filed under HGS Principles, Market Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.