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RECAP FOR THE WEEK OF: Dec 7th, 2009

The last 4 weeks have seen the exact same pattern: first part of the week is up, the second part is down. This week will likely to play out the same, but with less of a rally and more of a decline.

Most active day this week should be Friday.

Follow-up

The pattern actually reversed with week, but we did see less of a rally and more of a decline.

Tuesday, not Friday was the big mover this week: ^DJI(/104). WOW! Usually we are within one day. :-(

 

Reversal chart for Sept - Nov has been posted. View here


FORECAST FOR THE WEEK OF: Dec 14th, 2009

I expect the market to move higher this week.

Wednesday is a reversal date.

Thursday should be the big mover this week.

Friday should be an UP day.

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RECENT SINGLE DAY MOVER PREDICTION RESULTS

WEEK OF
PREDICTED
ACTUAL
NOTE
05/04 05/04
05/04  
05/11 05/11
 
05/13 11th was 2nd
05/18 05/18
05/18  
05/18 5/21 2nd
5/21 was 2nd  
05/25 05/26 or 05/27
05/26 27th was 2nd
06/01 06/01
06/01  
06/08
06/11 or 06/12
06/11
12th was 2nd
06/15 06/15 06/15  
06/22 06/22 06/22  
06/29 06/29   07/02 06/29 was 2nd
07/06 07/06  1 07/07 Early by one
07/20 07/20   07/23 07/20 was 2nd
07/27 07/29  1 07/30 Early by one
08/10 08/10   08/12 Missed
08/17 08/17 08/17  
08/24 08/26  1 08/27 Early by one
08/31 09/01 09/01  
09/07 09/10 09/10  
09/14 09/17 1 09/16 Late by one
09/21 09/23 09/23  
09/28 10/01 10/01
10/05 10/05 1 10/06 Early by one
10/26 10/26 or 10/29 1 10/30 Early by one
11/09 11/10 1 11/09 Late by one
11/16 11/16 11/16
11/30 12/02 1 12/01 Late by one
12/07 12/11 12/08 Way off!

 

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FINANCIAL EVENTS THIS COMING WEEK

Monday, 14-Dec-2009

11:00 4-Week Bill Announcement
11:30 3-Month Bill Auction
11:30 6-Month Bill Auction

Tuesday, 15-Dec-2009

07:45 ICSC-Goldman Store Sales
08:30 Producer Price Index
08:30 Empire State Mfg Survey
08:55 Redbook
09:00 Treasury International Capital
09:15 Industrial Production
11:30 4-Week Bill Auction
11:30 52-Week Bill Auction
01:00 Housing Market Index


Wednesday, 16-Dec-2009

07:00 MBA Purchase Applications
08:30 Consumer Price Index
08:30 Housing Starts
08:30 Current Account
10:30 EIA Petroleum Status Report
02:15 FOMC Meeting Announcement

Thursday, 17-Dec-2009

08:30 Jobless Claims
10:00 Leading Indicators
10:00 Philadelphia Fed Survey
10:30 EIA Natural Gas Report
11:00 3-Month Bill Announcement
11:00 6-Month Bill Announcement
04:30 Fed Balance Sheet
04:30 Money Supply

Friday, 18-Dec-2009

10:00 Quadruple Witching

 

Source: MyPivots

 

 
 

Please contact me with any questions/comments.

--Rob

The Option Signal Service

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