Analysis of Market Direction ... Timing is everything!

Marc Slavin Author is a PRO memberHas Had Over 300 Followers Rank: 6 Followers: 322 Votes: 276 Years Member: 8 Last Update: 31 October 2014, 18:35 Categories: Trend Analysis
ETFs
Swing Trading

31Oct14 - If the past is a guide, we should see one or more weeks of strong upward movement (See Chart 0027). (Please Follow & Vote!)
24Oct14 - In November 2012 the market had moved far below the Trend Line but then a rally began that lasted well into 2013. Will history repeat? (Chart 0001)

SHORT TERM (Days ): 31Oct14 - The S&P 500 is above the Lower Trend Line and Indicators are all Bullish. Rally appears sustainable but rate of increase likely to slow. (Chart 0008)
MEDIUM TERM (Weeks): 24Oct14 - Indicators changed direction following a very strong week. (Chart 0006)
LONG TERM (Months): 24Oct14 - The monthly decline, shown on the Long Term S&P 500 chart (Chart 0007), has an excellent chance of becoming a monthly increase.

24Oct14: Market Strength: Very Weak (0.0-15.9%) - Of all Non-leveraged Liquid ETFs, 4.6% are 'Bull: Strongest'
17Oct14: Market Strength: Very Weak (0.0-15.9%) - Of all Non-leveraged Liquid ETFs, 7.2% are 'Bull: Strongest'
10Oct14: Market Strength: Very Weak (0.0-15.9%) - Of all Non-leveraged Liquid ETFs, 6.8% 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.'
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Less

0000 - Guesswork Gone - Bullish/Bearish Ratings - Partial Ratings as of 30Oct14

Please Vote. Thanks.
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)

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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- At Lower Trend Line- Bull: Growing Strong (4) 28Oct14

0001 - S&P 500 Large Cap Index ($SPX) - 2 Yr Day
24Oct14 - November 2012 the market was well below the Trend Line. It then began a rally that lasted well into 2013. Will history repeat?
12Sep14 - Indicators are now already Bearish or will cross to Bearish very soon.

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.

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I am really indebted to you and very much appreciate the free service you provide.'

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0002 - S&P 500 ($SPX) 2 Mo Day- Close Look- Bull: Growing Strong (4) 28Oct14

0002 - S&P 500 Large Cap Index ($SPX) - 2 Mo Day - Close Look
24Oct14 - According to this 2 Month Chart, the S&P 500 will probably not encounter a Resistance Zone until it gets close to 1990.

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0003 - S&P 500 ($SPX) 6 Mo Day- Bull: Growing Strong (4) 28Oct14

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- Corrective Decline Done- Bull: Growing Strong (4) 28Oct14

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) 24Oct14

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

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'I cannot begin to thank you enough for sharing your work. I've been trading for four years. Most of my understanding of technical analysis has come from books and Stockcharts.com. About a month ago I began to realize your work and your uncanny ability to assess market direction.
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.'

StockCharts Members please 'FOLLOW' and please 'VOTE' each and every day. Thanks very much!

0007 - S&P 500 ($SPX) 6 Yrs Mo- Long Term: Bull: Topping (7) 17Oct14

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 Trend Line- 31Oct14

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...
24Oct14 - Numerous Indicators are Bullish
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comments on the charts. Thank you'

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