Smartp – Week of 01/04/10.

Closing out last week
- See annotations on chart

- Smartp IWN was right about the Monday gap up, once these were confirmed, we were looking for a high on Tuesday and a decline worth 12-20 points. The market got stuck in a 8-10 point range and there were 3 declines that were basically short lived. In essence, the BULLish upside being shown in Smartp ITN has prevented any deeper declines.

- Overall
* Time – we did ok having caught the largest, high momentum move into Tuesday
* Pattern – was correct till Tuesday high, and then hard to discern
* Price – Weekly Maxima forecast 1137.91, actual 1141.8, Weekly Minima was supposed to be last week’s low which held into Monday AM Futures before take off. The extent of declines was 12-20, actual 8-10.

CURRENT SMARTP LONGER-TERM BIAS AND INTERMEDIATE TERM MAP
- Smartp Long-Term Neural and EWT Bias - xxxx (last update 01/02/10)
- Smartp Intermediate-Term Neural – (4 weeks out Map) - xxxx (last update 01/02/10)
- Smartp Methodology (last update 10/19/09)
- Smartp Glossary of Terms (last update 10/24/09)

LAST WEEK’S REVIEW

ALIGNMENT OF VARIOUS DEGREES OF MAP
- Smartp ITN aligned with Smartp LTN on 12/8/09
- Smartp ITN aligns with Smartp IWN this week, on 1/4-5 and then on 1/7-8
- The Daily CIT Series without polarity is = 1/4- 1/5 – 1/6-7 – 1/7-8
- Preferred action based on ITN and IWN would be High – Low – High – Low (Preferred Scenario)
- Alternate (not expected) would be the inversion of this series