Analysis of Market Direction ... Timing is Everything!
  
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Last Update:
24 April 2018, 16:36
Categories:
Trend AnalysisETFs Support / Resistance Lines |
24Apr18 - Rising interest rates and earnings disappointments have Prices plunging. Updated USA ETFs (1000 to 1999) |
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0000 - Market Commentary as of 20Apr18
0000 - Market Commentary: This Chart is used for observations and comments of general interest.
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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up
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RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down
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Please Follow and Vote. Thanks very much for your Support! Email if you have a question, comment, or suggestion.
0001 - SHORT TERM Ratings: Bull/Turning Up (2), Neutral (138), Bear/Turning Down (12) on 19Apr18
0001 - SHORT TERM Buy/Sell Rating Summary
19Apr - ETF Ratings: Bull/Turning Up (2), Neutral (138), and Bear/Turning Down (10)
(1) 2 ETFs are Bullish: Bull (0) or Turning Up (2)
(2) 138 ETFs have been rated Neutral
(3) 10 ETFs are Bearish: Turning Down (7) or Bear (3)
12Apr - ETF Ratings: Bull/Turning Up (78), Neutral (66), and Bear/Turning Down (6)
(1) 78 ETFs are Bullish: Bull (8) or Turning Up (70)
(2) 66 ETFs have been rated Neutral
(3) 6 ETFs are Bearish: Turning Down (1) or Bear (5)
05Apr - ETF Ratings: Bull/Turning Up (5), Neutral (113), and Bear/Turning Down (32)
(1) 5 ETFs are Bullish: Bull (5) or Turning Up (0)
(2) 113 ETFs have been rated Neutral
(3) 32 ETFs are Bearish: Turning Down (1) or Bear (31)
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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up
==================================================
RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down
==================================================
Please Follow and Vote. Thanks very much for your Support! Email if you have a question, comment, or suggestion.
0002 - Market Strength: Less Bullish- 6 Bulls, 4 Neutral, 3 Bear as of 20Apr18
0002 - Summary of Market Strength -
As of 20Apr18 - Less Bullish
(1) 6 charts Bullish
(2) 4 charts Neutral
(3) 3 charts Bearish
As of 13Apr18 - Bullish
(1) 8 charts Bullish
(2) 4 charts Neutral
(3) 1 chart Bearish
As of 06Apr18 - More Bearish
(1) 3 charts Bullish
(2) 4 charts Neutral
(3) 6 charts Bearish
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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up
==================================================
RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down
==================================================
Please Follow and Vote. Thanks very much! Email if you have a question, comment, or suggestion.
0003 - Rating Methodology: Rules I follow to rate ETFs
0003- SHORT TERM (6 Month Daily) Rating Methodology
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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up
==================================================
RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down
==================================================
Please Follow and Vote. Thanks very much for your Support! Email if you have a question, comment, or suggestion.
0100 - S&P 500 (SPY) SHORT TERM- SCTR<50 Turning Down (-2) 24Apr18
0100 - S&P 500 (SPY) 6 Mo Day-
23Mar18 - Not there yet but approaching Support.
18Aug17 - S&P 500 Daily chart illustrates the weakness of the current market.
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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up
==================================================
RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down
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0109 - S&P 500 (SPY) MEDIUM TERM- SCTR<50 Uncertain- Neutral (0) 24Apr18
0109 - S&P 500 (SPY) 2 Years Weekly
31Dec17 - 2017 was very rare. It was both strong and consistent.
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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up
==================================================
RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down
==================================================
Please Follow and Vote. Thanks very much for your Support! Email if you have a question, comment, or suggestion.
0110 - Financials (XLF) SHORT TERM- SCTR>70 Turning Up (2) 24Apr18
0110 - Financials (XLF) SHORT TERM-
28Dec17 - This Chart shows how relatively flat the Financial sector has been the last two weeks. The SpecialK reveals however that Medium Term performance of this sector has been strong.
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0119 - Financials (XLF) MEDIUM TERM- SCTR>70 Higher- Neutral (0) 20Apr18
0119 - Financials (XLF) 2 Years Weekly-
0120 - Nasdaq (QQQ) SHORT TERM- SCTR<70 Turning Down (-2) 24Apr18
0120 - Nasdaq (QQQ) SHORT TERM-
23Mar18 - Support didn't hold. Now Resistance.
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Bull (4: Rising Prices)
Turning Up (2: Trend Up - Baby Bull)
============= Bullish Above =========
Neutral (0: Strong, Rising, Drifting Sideways, Weak, Falling)
============= Bearish Below =========
Turning Down (-2: Trend Down - Baby Bear)
Bear (-4: Falling Prices)
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0128 - Nasdaq (QQQ) SHORT TERM- Below 65 Day EMA: Bearish- 24Apr18
0128 - Nasdaq (QQQ) SHORT TERM- 65 Day EMA
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OK to Buy when the Elder Signal is Green and crosses above EMA 65 Day (Red Line). Not OK to Buy when Elder Signal is below the EMA 65 Day (Red Line).
Buy : When the MACD Line crosses above the MACD Signal Line & the Elder signals are Green and above EMA 65 Day (Red Line), Buy
Sell when the MACD Line crosses below the MACD Signal Line.
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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up
==================================================
RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down
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Thought to Remember: Markets can go Up, Down, or Sideways
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