Jim's Chartbook

James Ivey

1000 $SPX - 5 Day EMA Chart....For Seeing the Trend

Chart plots the 5 day exponential moving average of the S&P 500 Index. Art Hill uses this chart for his Elliot Wave Counts. I find it useful to smooth out the day to day volatility and help me spot the actual trend.

1005 $NYAD -SP Comparison

1010 $SPX - Daily OHLC 10 mo. View

I like to use the 8 day sma as a guage of market strength. When the market is respecting the 8 day avg. the trend is strong. I tend to remain constructive on the short term so long as the 8 day sma is above the 20 day sma.

1015 $SPX - Daily with VIX Plot

The purpose of this chart is to facilitate the study of the relationship between the VIX and market direction. Generally, a falling VIX supports market rallies, rising VIX does not

When the VIX closes on or outside the bollinger bands the move is likely to revert to the mean and pullback inside the bands. I use the moves back inside the bands as a short term indicator of market direction. The markets are likely to move up when the VIX pulls back inside the upper band and are likely to move down when they pullback inside the lower band.

1016 $SPX - Weekly

I like to study the RSI and MACD on the weekly charts looking for divergences and becoming very cautious when the RSI weekly exceeds 70, which tends to be rare. This year, the RSI has more or less been consistently above 70 indicating a very, very powerful trend.

1016 $SPX - Weekly With Volume

I like to study the RSI and MACD on the weekly charts looking for divergences and becoming very cautious when the RSI weekly exceeds 70, which tends to be rare. This year, the RSI has more or less been consistently above 70 indicating a very, very powerful trend.

1100 $SPX - Weekly OHLC

1993-2001 Weekly SP Chart

I like to study the RSI and MACD on the weekly charts looking for divergences and becoming very cautious when the RSI weekly exceeds 70, which tends to be rare. This year, the RSI has more or less been consistently above 70 indicating a very, very powerful trend.

2000 $COMPQ Daily Candlestick

2010 COMPQ Weekly HLC Bars

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