Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...


...If the dots don't connect, gather more dots until they do...or, just follow the $$$...

Winter Bird

Winter Bird


* Tues. Feb. 26 @ 8:30 am ET ~ Core Retail Sales Ex Autos m/m & Retail Sales m/m
* Wed. Mar. 6 @ 2:00 pm ET ~ Beige Book Report
* Fri. Mar. 8 @ 8:30 am ET ~ Employment Data
* Tues. Mar. 12 @ 8:30 am ET ~ MoM & YoY CPI & Core CPI Data
* Wed. Mar. 20 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts and @ 2:30 pm ET ~ Fed Chair Press Conference
* Fri. Mar. 22 @ 3:30 am ET ~ German Flash Manufacturing PMI (watch for a hold below 50)...N.B. Jan. 24 PMI came in at 49.9 & Feb. 21 PMI came in at 47.6 (contraction mode deepens!)
* Wed. Apr. 10 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Fri. Apr. 19 ~ U.S. Markets Closed for Good Friday holiday
*** Click here for link to Economic Calendars for all upcoming events


Thursday, August 09, 2012

Intraday Update on Russell 2000 and S&P 500 Indices

The Russell 2000 Index is in demand, so far, today, as shown on the one-day comparison chart below with its fellow Major Indices.

The RUT:RVX (Russell 2000 Volatility Index) Daily ratio chart below shows that the Russell closed above its downtrend resistance line yesterday and has advanced further, so far, today. The question is, can it hold onto its gains by the close today, and thereafter?

The SPX:VIX Daily ratio chart below shows the S&P 500 Index near the top of this week's action, so far, today...one to watch to see if it can advance and hold above its near-term resistance level of 92.50.