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Kevin Wilbur
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Kevin John Bradford Wilbur is the President and Founder of ProtectVEST and AdvanceVEST By EchoVectorVEST. He is also the Chief Architect of the Motion Dynamics and Precision Pivots Forecast Model and Alert Paradigm, and the Senior Developer of the ProtectVEST and AdvanceVEST Active Advanced Risk... More
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PROTECTVEST AND ADVANCEVEST BY ECHOVECTORVEST MDPP PRECISION PIVOTS
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  • DOW 30 SIGNALS STRONG CAUTION: POTENTIAL QUARTERLY ECHOVECTOR PRICE PIVOT ATTEMPING TO FORM TODAY 3 comments
    May 8, 2012 3:18 PM | about stocks: SPY, DIA, QQQ, IWM

    PROTECTVEST AND ADVANCEVEST BY ECHOVECTORVEST

    TUESDAY, MAY 8, 2012

    DOW 30 SIGNALS STRONG CAUTION:

    POTENTIAL QUARTERLY ECHOVECTOR PRICE PIVOT ATTEMPING TO FORM TODAY

    Further Caution is still warranted as the DIA trades below the close of the Quarterly EchovectorVEST EBD (EchoBackDate) of 128.51 for today, set on Tuesday 7 February 2012.

    Closing below 128.51 on the DIA constitutes a very significant closing value QEV pivot warning to investors and traders.

    Breaking below $127.55 intraday today would also constitute an extremely significant QEV pivot warning occurring with respect to the QEV EBD closing low value on Tuesday 7 February of $127.55.

    However, reviewing current market dynamics today, and other substantial EchovectorVEST Model algorithms at work, it is our current view, this hour, that the US Major Large Cap Composite Stock Indexes may possibly find some temporary support this week in this $127.55 to $128.12 DIA PEB range.

    However, we still suggest strong caution, on an hourly QEV EBD and QEV EBP basis, the rest of the week, especially concerning this pivot potential and its possible negative implications and impact on current price levels going forward.

    "Were keeping watch for you"

    Disclosure: I am short SPY.

    Additional disclosure: But may cover SPY short any time.

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Comments (3)
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  • untrusting investor
    , contributor
    Comments (9964) | Send Message
     
    Hey Kevin,
    Looking like there was pretty significant intervention in the US markets today by "somebody" (aka Fed via some big money boyz).

     

    US market down about 1.50% at mid-day, then brought back to only down 1/2% by close. EU markets down 1.36-2.78% on the day. Canadian market down 1.31% on the day. Asia likely sees large sell-off tomorrow as it usually now follows US & EU. Volumes look to be above average for the day for US.. Probably much higher on the morning sell-off with the PPT ramping back up on much lighter ending volumes is usually the story.

     

    The real question is are a tiny handful of very big money players (with boatloads of "winking" support and free money from central banks) going to be able to keep US equity markets afloat for much longer?
    8 May 2012, 05:57 PM Reply Like
  • Kevin Wilbur
    , contributor
    Comments (165) | Send Message
     
    Author’s reply » Thank you for your comment, Don.

     

    It's going to be very difficult to build any upside momentum here without overt FED Intervention. And I'm not sure they want to throw powder into these headwinds right now either in this election year for political economic reasons, and being accused of some kind of bias on that score:

     

    See:

     

    http://seekingalpha.co...
    9 May 2012, 08:54 AM Reply Like
  • warren low
    , contributor
    Comment (1) | Send Message
     
    US Mmarket will crash by 70% within a very short period probably a month before London Olympic Game is open....
    9 May 2012, 12:59 AM Reply Like
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