In case you missed it, I did a System Summary and 1-month performance review in my previous post.
30-60 page views per day is pretty normal for this blog especially since I resumed fairly regular daily updates. That is certainly nothing to brag about, but it does make the 100+ page view days stand out. In 2012, such viewing spikes occurred around Aug 20, Aug 8, May 4-5, April 20-26 and April 4. The most recent 2 occurrences led to 2+ weeks of sideways action. The other 3 occurrences were near rally highs in the 1422-->1267 downtrend. So, with a limited sample size, member viewing spikes appear to be associated with multi-week tops whether they lead to consolidation or down legs. Currently, there is no viewing spike which doesn't preclude a pullback but does mean any pullback will probably be bought quicker (maybe a 30-50pt drop when it occurs). I'll keep my eye on this stat to give us one more tool for projecting tops within hours or days. Of course, maybe I spoiled its validity by raising awareness of it. Oops.
The System situation has not changed since Thu/Fri, but I will say that even if the System goes short at 1454, it is unlikely to stay short for long as the Score is likely to turn bullish as key supports are reached in the 1420s to 1440s. The next support break is likely to be bought shortly after, but we'll just follow the trend as it comes. OPEX max pain is near 1410 this Friday, but the magnet/runaway theory has stumbled the last couple months. Good luck.
Current Position: Long SPX 1438.75
Next Action: Stop and go short at 1453.62
Score (0-10): 5=Neutral=Trend Score + Turn Score=10-5
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