Analysis of Market Direction ... Timing is everything!

Marc Slavin Author is a PRO memberHas Had Over 300 Followers Rank: 6 Followers: 313 Votes: 225 Years Member: 9 Last Update: 22 December 2014, 11:17 Categories: Trend Analysis
ETFs
Swing Trading

19Dec14 - Increasing Bullish signals and seasonal tendencies suggest price increases are likely into the year-end. (Thanks for Follows & Votes)
18Dec14 - Market edging Bullish - Buyers flock to Santa Rally - Large Caps, Mid Caps, and Small Caps all improving.
12Dec14 - Divergence resolved as US Large Caps follow Mid Caps, Small Caps and International ETFs downward.

SHORT TERM (Days ): 12Dec14 - Short Term S&P 500 Indicators have all turned Bearish (Chart 0004).
MEDIUM TERM (Weeks): 12Dec14 - Strong negative momentum suggests this downtrend could last several weeks longer (Chart 0027).
LONG TERM (Months): 12Dec14 - On the S&P 500 Monthly Chart (0007), the StochRSI has fallen to Overbought. This is the 1st time since the Fall of 2011 that this has happened.

12Dec14: Market Strength week over week DOWN: Rating: Very Weak (00.0-15.9%) - Of all Non-leveraged Liquid ETFs, only 4.9% are 'Bull: Strongest'
05Dec14: Market Strength week over week DOWN: Rating: Very Weak (00.0-15.9%) - Of all Non-leveraged Liquid ETFs, only 13.0% are 'Bull: Strongest'
28Nov14: Market Strength week over week UP: Rating: Weak (16.0-35.9%) - Of all Non-leveraged Liquid ETFs, only 32.6% are 'Bull: Strongest'

James wrote:
'It is your site and commentary that has taken me to a different level of understanding how to trade. Your organizational skills and selection of indicators have
really helped me understand how to time the market.'
Thank you very much for Following & Voting

Less

0000 Guesswork Gone- Bullish/Bearish Ratings- Rating Updates Complete as of 19Dec14

Please Follow and Vote. Thanks very much!
As a general rule, I try to chart only those ETFs whose performance is 'better than average' (Stock Charts Technical Rank > 70)
and whose Average Daily Volume exceeds 300,000.

Table of Contents:
0000 - 0099 General Market Direction (Page 1)
1000 - 1999 USA (Page 5)
2000 - 2999 International (Page 13)
3000 - 3999 Leveraged (Page 19)
4000 - 4999 Metals, Oil & Gas, Commodities, and Bonds (Page 23)
5000 - 5999 Day Trade - Intraday Charts. (Page 28)
6000 - 6999 Short Term - Daily (Page 37)
7000 - 7999 Medium Term - Weekly (Page 38)
8000 - 8999 Long Term - Monthly (Page 39)
9000 - 9999 FYI - Performance Comparisons, Bullish Percent, and General Interest. (Page 40)

Please help by Following and Voting. Thanks very much!

0000.1 - Guesswork Gone - Methodology -

ETFs are rated from Weakest to Strongest based largely upon whether they are in a Trend and the strength of that Trend.
ETFs are considered trendless if their ADX Line is below 20 and are trending if their ADX Line is 20 or above and rising.
=============================================================================
Bull shares that are rising are given even numbers. Bull shares that are falling are given odd numbers.

BULL

===================== RISING ==== FALLING

STRONGEST BULL ======= 8 ======== 7
======================= 6 ======== 5
======================= 4 ======== 3
WEAKEST BULL ========= 2 ======== 1
===============================================================================
Bear shares that are falling are given even numbers. Bear shares that are rising are given odd numbers.

BEAR

==================== FALLING ===== RISING

MOST BEARISH ======== -8 ========= -7
===================== -6 ========= -5
===================== -4 ========= -3
LEAST BEARISH ======= -2 ========= -1


Thanks very much to Herb for contributing the above!

0001 - S&P 500 ($SPX) 2 Yr Day- Above Lower Trend Line- Edging Bullish (1) 19Dec14

0001 - S&P 500 Large Cap Index ($SPX) - 2 Yr Day
19Dec14 - Increasing Bullish signals and seasonal tendencies suggest price increases are likely into the year-end. (Thanks for Follows & Votes)

Note - Overbought is equivalent to saying that prices have risen (or are rising) sharply and Oversold is equivalent to saying that prices have fallen (or are falling) sharply.

From Bob: 'While I have traded for years using the discipline of charts, your site has added greater precision and greater relevance to my trading process..
I am really indebted to you and very much appreciate the free service you provide.'

Please 'Follow' and please 'Vote'. Feedback is welcome. Thanks very much!

0002 - S&P 500 ($SPX) 2 Mo Day- Close Look- Indicators Bullish or Turning- Edging Bullish (1) 19

0002 - S&P 500 Large Cap Index ($SPX) - 2 Mo Day - Close Look
21Nov14 - Shooting Star at weeks end only fly in ointment.
14Nov14 - Spinning Top Candles may spell trouble. Often seen at a peak.

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0003 - S&P 500 ($SPX) 6 Mo Day- Indicators Bullish or Turning- Edging Bullish (1) 19Dec14

0003 - S&P 500 ($SPX) 6 Mo Day
24Oct14 - According to this 6 Month Chart, the market will probably encounter Resistance very soon.
13Oct14 - The RSI and Stochastics are Oversold and steep rate of decline (SLOPE) is unsustainable. These suggest the decline may end soon.

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0004 - S&P 500 ($SPX) 6 Mo Day- Indicators Bullish or Turning- Edging Bullish (1) 19Dec14

0004 - S&P 500 Large Caps ($SPX) - 6 Mo Day - Support Zones
24Oct14 - RSI, Stochastics, and StochRSI are moving into Overbought and FORCE registers more Buying pressure than Selling pressure.

Note: Overbought implies quickly rising prices while Oversold implies quickly falling prices

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0005 - S&P 500 ($SPX) -10 Day 1 Hr -Intraday-

S&P 500 Intraday Chart - An intraday look (under the hood) for the last 10 Days
22Jul14 - Intraday roller coaster continues...
07Apr14 @ 2:05 - 10 relentless hours of falling prices!

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0006 - S&P 500 ($SPX) 18 Mo Week- Medium Term: Bull: Growing Stronger (6) 19Dec14

0006 What is the Medium Term (Weekly) Trend of the S&P 500 Index?

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It is your site and commentary that has taken me to a different level of understanding how to trade. Your organizational skills and selection of indicators have really help me understand how to time the market.'

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0007 - S&P 500 ($SPX) 6 Yrs Mo- Long Term- Bull: Strongest (8) 19Dec14

0007 - What is the Long Term (Monthly) Trend of the S&P 500 Index

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0008 - S&P 500 ($SPX) 2 Yr Day- Long Term Trend Lines- Above Raff Lower Line- 19Dec14

0008 - Chart of the S&P 500 (the market) compared to the 2 Year Daily Raff Regression Trend Lines drawn to the September 2014 peak...
12Dec14 - Indicators all reflect the Bearish tone of this market.

From a reader: 'I love your work . Your charts help me a lot to understand the market direction. I like the
comments on the charts. Thank you'

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