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Market Timing

Detailed Weekly Commentary from our charts

Welcome to the ''Channelist' (formerly Trend Channel Magic) -- an all-ETF list of charts with trend channels and momentum indicators in time frames from minutes to years. CHARTS DON'T HAVE TO BE COMPLEX TO BE USEFUL. THE CHANNELS ON THE ONE-MINUTE CHARTS WILL SHOW YOU TRENDS AND BREAKS QUICKER THAN ANY OTHER CHART TECHNIQUE YOU CAN FIND.

Also, you can view our weekly commentary (based on these charts) at

Our trend channels are predicated on the belief that group behavior creates discernible trends in all time frames formed by parallel boundaries that provide dynamic support and resistance points (reference my book on the subject 'Far From Random'). Watch these trends and be amazed by the accuracy frequently displayed by the channel lines. If you have to wait days or weeks for moving average crosses or other indicators, you can never get into a trade in time. We have found these charts to spot trend breaks and true support and resistance points quicker and more accurately than any other chart patterns or signals -- bar none. There is too much 'noise' in individual stocks to see the trends, so we chart only ETFs, though they can be used to determine the sector or market direction before jumping into a specific stock.

> 1- minute charts on DIA, SPY, IWM, and VIX are listed first for extreme near term analysis
> 30-minute charts form Short Term trends
> Daily charts form Long Term trends
> 'Minichannels' form inside most trends in all time frames

Disclaimer: As a Registered Adviser, our comments here are for educational purposes and should not be construed in any way as offering investment advice or recommending a specific security.


00A DIA One-minute

9/29 -- Seat belts fastened? Another wild ride today on the high-volatility roller coaster. Almost all the action remained in the one-minute downchannels, but is back at the upper lines, and 30-minute channels a bounce may still take hold here. I suspect some respite will occur after all the quarter end repositioning is over. Logic favors the upside in the near term, but its still likely to be a wild ride into October and a final bottom has not likely occurred yet.

The full Weekly Commentary is now updated at

9/26 am -- A bounce is taking hold as GDP came in strong. We've had three waves down and a recovery rally could carry into next week, but watch the upper lines of teh one-minute channels to see whether they provide resistance or can be broken.

Bill Gross is leaving PIMCO. What does THAT say about where the bond market is going??

9/25 -- That was a non-stop decline giving up all of yesterday's advance in minutes! The large caps have joined the party with a vengeance. Downtrends at the one minute level have already steepened. VIX is over 16, and the momentum indicators are nowhere near the bottom yet. Fasten your seat belts.

00B SPY 1-minute

00C IWM - 1 min

00C QQQ - 1 min

00D Volatility Index 1-min

01A DIA - 30 min


01B - DIA one-year


02A SPY - 30-min


02B SPY - Daily one-year


03A QQQ - 30 min


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