Euro Top? S&P500 Remains on Crash Alert

Posted by Patrick Ceresna on Aug 28, 2013 9:17:00 AM

Yesterday the market had one of its largest down days of the year. While intense, it did not bring capitulation that normally accompanies a short term low. The risk of another big down day is high. We could see a rapid drop to 1610.00 where the market will make a critical decision. While the technical measurement targets 1610.00 on the downside where a short term bottom can occur, but if that level is broken, the market can spiral down to 1500.00-1550.00 in a crash like move lower.  

Read More

Topics: Market Forecast, s&p500, Crash Alert, euro

Oil Higher? Crash Alert remains on the S&P500

Posted by Patrick Ceresna on Aug 27, 2013 7:47:00 AM

CRASH ALERT: Crash alerts do not guarantee a crash but simply observe that we are in a market state where all the criteria for a crash are there. To review the criteria, click here.

Read More

Topics: Market Forecast, s&p500, Crash Alert, oil

Market Forecast S&P500, Gold and 30 year Treasury Bonds

Posted by Patrick Ceresna on Aug 26, 2013 9:34:00 AM

CRASH ALERT: Crash alerts do not guarantee a crash but simply observe that we are in a market state where all the criteria for a crash are there.

Read More

Topics: Market Forecast, s&p500, bonds, Gold

S&P500 Crash Alert and a Reversion to the Mean

Posted by Patrick Ceresna on Aug 21, 2013 8:22:00 AM

CRASH ALERT: Crash alerts do not guarantee a crash but simply observe that we are in a market state where all the criteria for a crash are there. The checklist was posted in last week’s blog, click to read.

Read More

Topics: Market Forecast, s&p500, Crash Alert, Reversion to the Mean

Market Forecast - S&P500 Crash Alert and Market Outlook Video

Posted by Patrick Ceresna on Aug 19, 2013 8:45:00 AM

CRASH ALERT: When we are in crash alert, it do not guarantee a crash but simply us observing that we are in a market state where all the criteria for a crash is there. The checklist was posted in last week’s blog, click to read.

Read More

Topics: Market Forecast, s&p500, Market Crash, market outlook

Market Forecast - S&P500 Crash Alert and Gold Breakout

Posted by Patrick Ceresna on Aug 16, 2013 9:11:00 AM

CRASH ALERT: Crash alerts do not guarantee a crash but simply observe that we are in a market state where all the criteria for a crash are there. The checklist was posted in yesterday’s blog, click to read.

Read More

Topics: Market Forecast, s&p500, Gold, Crash Alert

Market Forecast S&P500: Crash Alert

Posted by Patrick Ceresna on Aug 15, 2013 8:54:00 AM

CRASH ALERT: Crash alerts do not guarantee a crash but simply observe that all the criteria for a crash are there. Here is our check list:

Read More

Topics: Market Forecast, s&p500, Market Crash, Crash Alert

Market Forecast S&P500 and Apple

Posted by Patrick Ceresna on Aug 14, 2013 8:38:00 AM

The S&P500 continues to dig in at supports. The market has closed within a 20 point range, between 1680.00-1700.00, for almost an entire month. Something has to give. We have a strong bias that the market will have a meaningful market correction at some point this fall, but we do not want to underestimate the bulls resolve.  There are many traders that are already committing to the short side of the market and another short squeeze higher is not out of the question. We want to observe if one of our two scenarios develop.

Read More

Market Forecast S&P500 - Market Crash Coming?

Posted by Patrick Ceresna on Aug 13, 2013 7:39:00 AM

Yesterday the S&P500 hit a swing low 1675.00 before a solid reversal. In yesterday’s forecast we suggested that there is room for a rally this week to squeeze out overzealous traders that are being too aggressive getting short and we got it. We must observe if the bulls can follow through to the upside, because a failure to exceed 1705.00 highs from the start of the month would start to plant the seeds of a topping formation. Those of our readers that have taken our Technical Masters Program understand the rules of symmetry, and it is interesting that the rallies in the Nasdaq100 and the S&P500 have both stalled out at the completion of measured moves. For a market correction to start off these levels would be very natural for the markets.

Read More

Topics: Market Forecast, s&p500, Nikkei

Market Forecast S&P500, Gold and 10 Year Treasury Bonds

Posted by Patrick Ceresna on Aug 12, 2013 9:34:00 AM

The S&P500 has now turned lower from last week’s consolidation highs. While there is further risk of weakness this morning, we believe that there is room for a rally this week to squeeze out overzealous traders that are being too aggressive getting short. Like we emphasized last week, we are in a bull market and the market has yet to do anything bearish.  At the same time markets very rarely advertise a turning of the tides. Those of our readers that have taken our Technical Masters Program understand the rules of symmetry, and it is interesting that the rallies in the Nasdaq100 and the S&P500 have both stalled out at the completion of measured moves. For a market correction to start off these levels would be very natural for the markets.

Read More

Topics: Market Forecast, s&p500, bonds, Gold

Market Forecast S&P500, Dax and Nikkei

Posted by Patrick Ceresna on Aug 9, 2013 9:12:00 AM

The S&P500 is hovering at a critical pivot. Rallies have been failing while selloffs have had no follow through. We are in a bull market and the market has yet to do anything bearish, but at the same time markets very rarely advertise a turning of the tides. Those of our readers that have taken our Technical Masters Program understand the rules of symmetry, and it is interesting that the rallies in the Nasdaq100 and the S&P500 have both stalled out at the completion of measured moves. So a market correction off these levels would be very natural for the markets.

Read More

Topics: Market Forecast, S&P; German Dax; Japanese Nikkei

Market Forecast - August 8, 2013

Posted by Patrick Ceresna on Aug 8, 2013 7:43:00 AM

Yesterday’s selling established a low on the S&P500 around 1680.00 before the bounce started.  The bulls are still in control, but we will get some valuable information during this advance.  It is going to be when the bulls fail to make higher highs during the advances that we will be on the lookout for topping formations. Will the bulls be able to beat Monday’s 1705.00 highs on the futures?  If you are concerned, this is a healthy level to be taking some profits off the table and raise some cash.

Read More

Topics: Market Forecast, Gold, S&P, market outlook

Today's Market Forecast, August 7, 2013- S&P500, Gold and Bonds

Posted by Patrick Ceresna on Aug 7, 2013 8:17:00 AM

The S&P500 has begun a corrective pullback in the market. We will be observing if it leads to further follow through or if the “buy on dip” traders will come in at the current levels. The S&P has finished a symmetrical measured move to the 1700.00 level, so this is an area where it would be very natural to see a full corrective pattern develop. We just need further evidence that a meaningful correction is underway. If you are concerned, this is a healthy level to be taking some profits off the table and raise some cash.

Read More

Topics: Market Forecast, learn to trade the markets, active investor

Today's Market Forecast, August 6, 2013- S&P500 and Gold

Posted by Patrick Ceresna on Aug 6, 2013 7:52:00 AM

The S&P500 has stalled and consolidated in an 8 point range over the last several days with little follow through above the 1700.00 level. Interestingly there is little news on this weeks schedule to be the catalyst for the next big move.  

Read More

Topics: Market Forecast, Gold, learn to trade the markets

Subscribe to Email Updates

Browse by Tag

Follow Me