Mr. Breakout's Market Call Mr. Breakout calls the Nasdaq Market Direction Updated after the close on July 29, 2010...Please scroll down for charts Current Call since the close on July 22, 2010: Confirmed Rally Click Here To See The Percentage Of SP 500 Components In An ema Uptrend Rally Under Pressure on 7/21 Confirmed Rally on 7/20 Neutral 7/16 to 7/19 Confirmed Rally on 7/15 Attempted Rally 7/13 to 7/14 Correction Under Pressure 7/9 to 7/12 Market In Correction 6/24 to 7/8/10 Rally Under Pressure on 6/23 Confirmed Rally 6/17 to 6/22 Attempted Rally 6/15 to 6/16 Correction Under Pressure on 6/14 Market In Correction 6/4 to 6/13 Correction Under Pressure on 6/3 Market In Correction 5/5 to 6/2 Neutral on 5/4/10 Rally Under Pressure 4/30 to 5/3 Confirmed Rally on 4/29 Rally Under Pressure on 4/28 Confirmed Rally 2/18 to 4/27 Attempted Rally on 2/17 Correction Under Pressure 2/12 to 2/16 Market In Correction 1/22 to 2/11 Rally Under Pressure on 1/21 Confirmed Rally 12/1/09 to 1/20/10 Rally Under Pressure 11/27 to 11/30 Confirmed Rally 11/10 to 11/26 Correction Under Pressure 11/6 to 11/9 Market In Correction 10/28 to 11/05 Rally Under Pressure 10/26 to 10/27 Confirmed Rally 10/7 to 10/25 Neutral 10/2 to 10/6 Rally Under Pressure on 10/1 Confirmed Rally 9/28 to 9/30 Rally Under Pressure 9/25 to 9/27 Confirmed Rally 9/8 to 9/24 Rally Under Pressure 9/1 to 9/7 Confirmed Rally 8/21 to 8/31 Rally Under Pressure 8/17 to 8/20 Confirmed Rally 7/15 to 8/16 Correction Under Pressure on 7/14 Market In Correction 7/7 to 7/13 Neutral on 7/6 Rally Under Pressure 7/2 to 7/5 Confirmed Rally 6/26 to 7/1 Rally Under Pressure 6/16 to 6/25 Confirmed Rally 5/26 to 6/15 Rally Under Pressure 5/21 to 5/25 Confirmed Rally 5/19 to 5/20 Rally Under Pressure 5/13 to 5/18 Confirmed Rally 3/18 to 5/12 Attempted Rally 3/13 to 3/17 Correction Under Pressure on 3/12 Market In Correction 2/17 to 3/11 Confirmed Rally 2/6 to 2/16 Attempted Rally on 2/5 Correction Under Pressure 2/3 to 2/4 Market In Correction 1/30 to 2/2 Correction Under Pressure 1/28 to 1/29 Market In Correction 1/14 to 1/27 Rally Under Pressure 1/12 to 1/13 Confirmed Rally 12/31/08 to 1/11/09 Neutral on 12/30/08 Market In Correction on 12/29 Neutral 12/24 to 12/28 Rally Under Pressure on 12/23 Confirmed Rally 12/16 to 12/22 Attempted Rally 12/8 to 12/15 Correction Under Pressure 12/5 to 12/7 Market In Correction on 12/4/08 Correction Under Pressure on 12/3 Market In Correction from 12/1 to 12/2 Correction Under Pressure from 11/26 to 11/28 Market In Correction from 11/6 to 11/25 Correction Under Pressure from 10/30 to 11/5 Market In Correction from 9/2 to 10/29 Rally Under Pressure from 8/18 to 9/1 Confirmed Rally 8/5 to 8/17 Attempted Rally 7/17 to 8/4 Market in Correction 6/9/08 to 7/16/08 Market Calls are based on the position of the EMA's. The red and green vertical lines indicate the postion of the +DI and -DI on the ADX(7). Charts Courtesy of Stockcharts.com Older Charts