Summer comes early now $ES_F 1892 x 1847

Featured Breadth Chart of the Day:



We are just messing about in here, we need some real commitment.


Quote of the Day:
True friends stay friends.

Comments and Levels for the Front (S&P 500 – E-mini futures) contract:

Short: 1892
Long:  1847


Looking for a bust out on one side or the other.   Our ranges have spread and now sit at 1847 on the down side and 1892 on the upside.  That is a 500 point range!  That is what action like yesterday will do when the market shows volatile indecision.

Watch for a break on the 1879 on the upside.


On the MiM:


If that doesn’t just explain it all.  A tight +/- 0.8 range on the close and the meter going all red and green striped.   There is no movement so far in May.

If you have streaming issues, please let me know.

Date Of Signal Direction x:00 Entry/Close x:20 Entry/Close x:30 Entry/Close
4/2/2014 Long 1.99 1.09 0.07
4/3/2014 Long 2.71 1.99 0.31
4/11/2014 Short 1.16 2.86 5.10
4/15/2014 Long 4.04 -0.21 -0.04
4/17/2014      Short 1.72 3.66 3.27
4/23/2014 Short -0.41 (xx:20)
Total   11.21 9.39 8.72


If you want to join the meter readers you can go to: Join the MiM

Comments about TLT (Twenty year Bond ETF):


All the way down to 109 from here?  That depends on if the market falls apart or not.

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Breadth Charts in Full:   Zweig Breadth Thrust




Cumulative Volume Index:


Come on buyers, or sellers, get us off this line.

Number of NYSE issues trading ABOVE their 40 day moving average (40DPI):


A rest break?

New Highs / New Lows ratio chart:



Some one needs to really pin the needle on either the buy or sell side.

Trenders Short Term Trender –  McClellan Summation Index:



Long Term Trender –  Cumulative 4-week Highs – Lows (the fat lady)Nyah-Nyah:



Parting Shot: 


Summer has officially arrived… well, in my binary world of Winter/Summer.   We have now been enough days without going below freezing that I feel safe to say we have arrived.

Our 2014 version of the flag, it looks a lot like the 2013 version, has arrived via UPS and now sits on top of the pole.  First grass cutting will be this week and stores in the K’port village are starting to un-shutter for the summer season.  It will be full bore here in a month as we try to squeeze in outdoor living in a small time span.

Thank you all for listening to me through the dark months.

As always, we want your feedback!

Thank you for Reading – Marlin aka RedlionTrader @redliontrader

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