Buy-Signals, Sell-Signals and da-Boyz, Oh My, LOL!?
The Buy-Signal on 21May was confirmed on 24May, BUT, the new negate number is 44.28 and in keeping with our YTD OE Pivot support at 44.46!! It's looking rather obvious that BOTH the negate number, 44.28, AND the YTD Pivot will Fall today leaving the door open for a Collapse of which No one living today, except a few, have ever witnessed in their life-time!!!!
Honestly ALL, if we violate the YTD Pivot, 44.46 again then we're gonna have a Cascading-WaterFall event that'll take us to the S2(42.24) before we Bounce! And the Bounce will be SHORT and SWEET and maybe up to the R1(45.57), before falling fast and furious down to the S8(35.57)!!??
We did NOT get above the YTD R1(45.57), AGAIN, nor the Sell-Signal negate number, 45.24, got to 45.33 but did NOT CLOSE above, so we expect this 45.24/57 level to be resistance for the remainder of this CENTURY!!!
We'll use ANY FREAKEN Attempt at a Bounce to SHORT, SHORT, and SHORT again as we expect the S&P500 to end at ZERO on 21Dec2012, oh boy, sigh....
I guess Warren Buffet is gonna lose a whole lot of money on dem S&P500 derivitives but he should of stuck with what he knew, taking peoples money and promise-ing to help-em if they ever got into trouble, otherwise known as Insurance, sheesh another Giant about to FALL, oh boy, sigh.............
Buy-Signals:
The Buy-Signal from 05Feb, and the five buy-signals that followed, did NOT get negated until 27Apr! Since then we've had three Buy-Signals and ALL three have been negated!
No, Date, Negate #
1) 05Feb, 42.44
2) 11Feb, 43.12
3) 12Feb, 43.21
4) 25Feb, 44.04
5) 22Mar, 47.32
6) 22Apr, 49.68 (Negated 27Apr)
7) 29Apr, 49.60 (Negated 30Apr)
8) 06May, 45.99 (Negated 07May)
9) 12May, 48.01 (Negated 13May)
10)21May, 44.24
Sell-Signals:
Every Signal was confirmed and Price NEVER closed below the negate Number, UNTIL, 13Apr, since then EVERY Sell-Signal has been confirmed and NOT negated(except the one on 07May when we got that massive short squeeze), WOW!
NO, Date, Negate #
1) 11Mar, 48.30
2) 12Mar, 48.31
3) 16Mar, 48.50
4) 18Mar, 48.79
5) 22Mar, 48.88
6) 23Mar, 49.22
7) 25Mar, 48.91
8) 29Mar, 49.19 (Negated 13Apr with a close above!)
9) 14Apr, 50.91 (confirmed with an additional Sell-Signal 15Apr)
10)15Apr, 51.13 (confirmed on 16Apr)
11)27Apr, 50.34 (confirmed on 28Apr)
12)30Apr, 50.22 (confirmed on 03May)
13)04May, 49.40 (confirmed 05May)
14)07May, 46.32 (Negated 10May)
15)13May, 48.81 (confirmed 14May)
16)18May, 47.36 (confirmed 19May)
17)20May, 45.24 (confirmed 21May)
Last but defintely NOT Least is the OEPM S/R lines of meaning!
53.35 20.00% R8
52.24 17.50% R7
51.13 15.00% R6
50.02 12.50% R5 (Serious resistance as of 30Apr)
48.91 10.00% R4 (violated 04May, look to the R3 for guidance now)
47.79 7.50% R3 (violated 14May, hasn't been seen since)
46.68 5.00% R2 (violated 18May on a close-ing basis and back-tested 19May)
45.57 2.50% R1 (violated 20May and NOW Serious resistance)
44.46 0.00% YTD OE Pivot (Once thought to be the FINAL Discount wave target, close at 44.35 on 20May and another violation will Open the FLOOD gates to start vilating the Support levels!!??)
43.35 -2.50% S1
42.24 -5.00% S2
41.13 -7.50% S3
40.01 -10.00% S4
38.90 -12.50% S5
37.79 -15.00% S6
36.68 -17.50% S7
35.57 -20.00% S8
Market Data 
Markets 
AI
