= 070 Daily Indicator (Trend) Review

Lawrence Stanczak Rank: 62 Followers: 13 Votes: 29 Years Member: 11 Last Update: 20 August 2014, 17:24 Categories: Trend Analysis
Market Timing
Support / Resistance Lines

Long Term: Bullish / Intermediate Term: Bullish / Short Term: Bullish
The purpose of this list is to assess market trend and risk using Intermarket analysis of Commodities; Currencies; Bonds; and Stocks as well as Risk Appetite (VIX, CPC, Rato Studies, etc) and Foreign Markets. Nomenclature: Intermediate Trend (IT): 3 or more Months; Short Term (ST) generally 3 days to 3 weeks.

Version 2 has some added charts and has been restructured to make it easier to navigate to only those studies of interest. The series from 000 to 400 are relationship studies and 500 to 700 are candlestick charts of major indexes and ETF's. 000 - Commentary & Macro view; 100 - Commodities; 200 - Currencies; 300 - Bonds; 400 - Stocks; 500 - Candle Charts for Commodities, Currencies and Bonds; 600 - Domestic Stock Indexes; 700 - Foreign Stock ETFs.

How I use it: I review the entire series before the open and after the close. Once acquainted with the relationships in play I keep an eye on the candle components using the summary view during the trading day.

The purpose of this list is to make macro level calls I may cite trades I have put on or am considering as examples. These are not recommendations as that engenders a different series of charts and analysis.
I welcome all feedback, questions and recommendations. I am very open minded and enjoy the discourse as it helps me continually improve this list and my analysis.

Less

000 Commentary

8/15/14 Levels to Be Aware of:

2006/2012 - Weekly R3; Monthly R2
2000 - Round Number
1984/1991 - High of two weeks ago; Weekly R2; All Time Closing High (7/24/14); All Time High (7/24/14)
1970/1971 - Weekly R1; Monthly R1
1964 - Last Week High
1957 - 50 DMA

1955 - Last Week Close; Top of ST Resistance Zone

1949/1952 - Weekly PP; Monthly PP; Prior Support/Resistance; 20 DMA (turning down)
1940 - Bottom of ST Resistance Zone
1929/1935 - Last Week Low; Jul 2014 Low; Weekly S1; 10 DMA (turning down)
1916/1918 - Jun 2013 Low; 100 DMA
1910/1913 - Monthly S1; Weekly S2
1898/1905 - Weekly S3; Round Number; Aug 2014 Low
1890 - Monthly S2; 150 DMA
1880 - Prior Support/Resistance
1867 - 200 DMA (close 4.7% above)
1860 - May 2014 Low
1850 - Monthly S3
1834 - Mar 2014 Low
1814 - Apr 2014 Low
1800 - Round Number
1790 - 10% below 1991 High
1768/1770 - Dec 2013 Low; Jan 2014 Low
1738/1746 - Feb 2014 Low; Nov 2013 Low; 38% Retracement of rally from Nov 2012 Low

010 Correlations: TNX, SPX, CRB, USD Daily

Intermarket Relationships
- US Dollar and Commodities trend in opposite directions
- Bond prices and Commodities trend in opposite directions
- Bond prices and Stocks are inversely correlated
- Bond Yields and Stocks trend in the same direction
- Stocks and Commodities are correlated
At tops, the typical rotation is Bond Yields peak first, Stocks second and commodities last. This order is less reliable at bottoms.

112 CRB, SPX Daily

131 WTIC, USD (SPX) Daily

141 GOLD (GDX) Daily

150 Industrial Commodities/Gold Ratio Daily

151 COPPER, USD (SPX) Daily

202 USD, CRB (SPX) Daily

232 Risk Currencies/Yen Ratio Daily

310 SPY:TLT (SPY) Ratio Weekly

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