Analysis of Market Direction ... Timing is everything!

Marc Slavin Author is a PRO memberHas Had Over 300 Followers Rank: 6 Followers: 309 Votes: 257 Years Member: 8 Last Update: 24 July 2014, 15:58 Categories: Trend Analysis
ETFs
Swing Trading

22Jul14 @3:08 - Breaking through the S&P 500 All Time Record High isn't easy but it will probably happen soon.
18Jul14 - Large Caps lead, Mid Caps, Small Caps and non-US lag.
17Jul14 - For the last two weeks, while Large Caps have risen, Mid Caps and Small Caps have been dropping. Divergences are always resolved.
14Jul14 - Citibank earnings bode well for the Financial sector and for the stock market in general.

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SHORT TERM (Days ): 18Jul14 - A larger than normal number of ETFs have been moving sideways and are undergoing a Bollinger Band Width 'Squeeze'. This implies that directional change is coming
MEDIUM TERM (Weeks): 18Jul14 - The Force is with us. Buying pressure remains high as earnings underpin prices. (Chart 0006)
LONG TERM (Months ): 18Jul14 - Long Term this Bull market is in good health. (Chart 0007)

23Jul14: Market Strength: Weak (16.0-35.9%) - Of all Non-leveraged Liquid ETFs, 16.0% are 'Bull: Strongest'
22Jul14: Market Strength: Very Weak (0-15.9%) - Of all Non-leveraged Liquid ETFs, 14.9% are 'Bull: Strongest'
21Jul14: Market Strength: Very Weak (0-15.9%) - Of all Non-leveraged Liquid ETFs, 10.0% 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.'

Less

0000 - Bullish/Bearish Rankings - Partial Updates - 24Jul14

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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0001 - S&P 500 ($SPX) 2 Yr Day- Squeeze- Bull: Growing Strong (4) 23Jul14

0001 - S&P 500 Large Cap Index ($SPX) - 2 Yr Day
01Jul14 - Bollinger Band Width is narrow and a 'Squeeze' condition is close. This says that market change has slowed.

Note - Overbought is equivalent to saying that prices have risen sharply and Oversold is equivalent to saying that prices have fallen 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..
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0002 - S&P 500 ($SPX) 2 Mo Day- Close Look- Bull: Growing Strong (4) 23Jul14

0002 - S&P 500 Large Cap Index ($SPX) - 2 Mo Day - Close Look
Note: Overbought implies quickly rising prices while Oversold implies quickly falling prices

03Jul14 - Strong economic reports propel the market upward.
30Jun14 - Spinning Top candlestick may precede a downside leg.

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0003 - S&P 500 ($SPX) 6 Mo Day- Bull: Growing Strong (4) 23Jul14

S&P 500 Large Cap Index ($SPX) - 6 Mo Day
13Jun14 - Easing tensions abroad buoyed buyers spirits and lifted prices; an 'inside day' candlestick signals possible end to move down.
12Jun14 - Just as the ADX(14) printed a 'Trend Established' reading, poor reports on the economy seem to have put the market surge on Pause.
07Apr14 - Lesson learned - wait for established Trend (ADX > 25) before placing order to Buy

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0004 - S&P 500 ($SPX) 6 Mo Day- Bull: Growing Strong (4) 23Jul14

0004 - S&P 500 Large Caps ($SPX) - 6 Mo Day - Support Zones

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

23May14 - Last 5 out of 6 Days have been Up. Green shoots in evidence but too early to tell if the rally is for real.
11Apr14 - The General Trend of the last 6 months looks flat to down.

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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: Stronger (6) 18Jul14

What is the Medium Term (Weekly) Trend of the S&P 500 Index?
21Jul14 - AROON show weakness.

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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: Strongest (8) 18Jul14

0007 - What is the Long Term (Monthly) Trend of the S&P 500 Index
30Jun14 - June is the 5th straight month of rising prices.

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0008 - S&P 500 ($SPX) 2 Yr Day -Trend Lines- Long Term Trend Maintained - 18Jul14

0008 - Chart of the S&P 500 (the market) compared to the 2 Year Daily Raff Regression Trend Lines drawn to the March 2014 peak...

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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0009 - S&P 500 ($SPX) -50 & 100 Day MA- Bull: Growing Strong (4) 23Jul14

0009 - S&P 500 Large Caps ($SPX) - 50 & 100 Day Moving Average
03Jul14 - Strong economic reports suggest the market anticipates healthy earnings.

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'I like your charts and have just started following you... Great charts. I had been trying to do mean reversion trading, but I think it is more important that I first learn to follow the trend.'

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