Resources for Market Preparation

I've been posting preparation (PREP) tweets most mornings via StockTwits that include a number of the market measures that I look at to help me gauge the coming trading day.  Because of a very busy work and travel schedule, I won't be able to keep up those tweets, so here is a summary of how you can obtain the information for your own preparation.

SPY targets:

R1 = SPY opening price + (median five-day true range expressed in SPY points * 0.5)
S1 = SPY opening price - (median five-day true range expressed in SPY points * 0.5)

R2 = SPY opening price + (median five-day true range expressed in SPY points * 0.65)
S2 = SPY opening price - (median five-day true range expressed in SPY points * .0.65)

New Three-Month Highs and New Three Month Lows:

Available on the Barchart website.

Real-Time Equity Put/Call Ratio:

Available in real time via e-Signal and on end-of-day basis for CBOE at the Index Indicators site.

Percentages of Stocks Trading Above Their Moving Averages:

Available, along with other breadth measures, at the Index Indicators site.

Advance-Decline Lines Specific to Stock Market Sectors and Indexes:

Available, along with other breadth measures, at the  Decision Point site.  Note: Decision Point is merging with StockCharts.com.



Further Resources:  Preparing to Win
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