08/19/2009 After Bell Quick Summary


I’m not sure about tomorrow, could be a red close. Anyway, red or green doesn’t matter now as on a little bit longer term, I believe this is a sellable bounce. Will talk about this in tonight’s report.

2 charts arguing for a red close tomorrow:

  • When ISEE Index closed below 100, 58% chances a red close the next day.

ISEE ISEEIndex

  • When both SPX and VIX closed green the same day (red vertical lines), 9 out of 12 times (75%) recently a red close the next day.

SPXandVIXWatch

1 chart arguing for a green close tomorrow.

  • CPCI closed above 1.55 today which seems most likely to lead a green close tomorrow recently.

CPCI

8 Comments on "08/19/2009 After Bell Quick Summary"
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    August 19, 2009 at 6:24 pm
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    August 19, 2009 at 6:25 pm
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    August 19, 2009 at 6:26 pm
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    August 19, 2009 at 6:50 pm
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    August 19, 2009 at 6:59 pm
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    August 19, 2009 at 7:45 pm
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    August 19, 2009 at 9:16 pm
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