Monthly Archives: July 2012

Weekend Update Part 2

 Friday’s weakness was felt most heavily amongst the Financials, which are now on a SELL/SHORT Alert.  Should the XLF make a lower low than Friday’s low, then the System will go short via FAZ.  The other indexes remain as they … Continue reading

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Weekend Update Part 1 – A chart for the bears

Just a quick chart.  I haven’t posted this one before that I can remember, but it’s a nice leading indicator vs. the SPX.  As you can see going back to the fall of 2002, there have been 2 significant bottoms … Continue reading

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Chart Update

So far this looks like a small abc correction about to end.  Under the most bullish immediate term count, this would be the last time to get in before 1400+

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Thursday Update

No changes with the Alphahorn Swing System today, other than a short alert on the Dollar.  The equity indexes and Energy remain on LONG/BUYs and the precious metals on Short/Sells (though that could change should the $ continue to fall). … Continue reading

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Chart Update

Real Estate could be leading again, and its count is suggesting that the Leading Diagonal is the proper count for the major indexes.  (Note:  The RUT is not a candidate for the leading diagonal).  I’m starting to like the LD … Continue reading

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Wednesday Update

As the Swing System has been indicating, the markets remained bullish today.  The two Alerts are also off the table, Gold remains on a short and Transports back to a long. There is still a bit of mystery though as … Continue reading

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Chart Update

The big bullish move that I’ve been expecting looks to be playing out.  Today’s move is very bullish immediate term.  The inverse head and shoulders is confirmed and the target is in the neighborhood of the upper channel trend line … Continue reading

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Tuesday Update

Two indexes are on alerts going into tomorrow: Gold remains on a BUY/LONG Alert once again as GLD did not take out yesterday’s high, and it is now joined by Transports, which is on a SELL/SHORT signal.  The remainder of … Continue reading

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Chart Update – Inflection point!

According to my favored count, the SPX is on the verge of very large move up.  Wave i of (iii) of [iii] of 3 concluded at 1361, now it looks like an abc zig zag is underway to around 1341-3. … Continue reading

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Monday Update

Only change to the Alphahorn Swing System for today is the BUY/LONG Alert for GOLD.  Should gold make a higher high tomorrow, then the short will be exited and the long will be entered. The 30 min chart below shows … Continue reading

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