Analysis of Market Direction ... Timing is everything!

Marc Slavin Author is a PRO memberHas Had Over 300 FollowersHas Been a Top Public ChartList for Over 3 Months Rank: 6 Followers: 319 Votes: 197 Years Member: 11 Last Update: 16 January 2017, 12:10 Categories: Trend Analysis
ETFs
Swing Trading

13Jan17 - Word for the Day: Flat. That describes how the S&P 500 has been moving.

05Jan17 - A large number of International ETFs are Bullish or appear to be turning Bullish.

31Dec16 - Happy New Year to one and all and best wishes for great success in 2017!

30Dec16 - The Trading year ended on a sour note with most ETFs losing ground.

22Dec16 - Happy Holiday Season to one and all! The market however is not in the Holiday spirit as Santa Rally has morphed into Claus Pause.

16Dec16 - Chart 0006: Mind the Japanese Candle 'Spinning Top'. These mark uncertainty and frequently changes in direction.


=======================================================================================================================================

SHORT TERM (Days): 13Jan17 - Chart 0000.2: The Market Strength Assessment Charts (0300 - 0440) are slightly less Bullish than one week ago.

MEDIUM TERM (Weeks): 13Jan17 - Chart 0006: For the week the S&P 500 was little changed, losing 0.10%.

LONG TERM (Months): 13Jan17 - Chart 0007: With nine recorded Trading days, 2017 is Up 1.60%.

Thanks very much for your support (Follows and Votes).

Less

0000.1 - SHORT TERM Rating Summary - 12Jan17 Updates Complete

12Jan - ETF Prices move Up, Down, or Sideways. Currently most ETFs are moving Sideways:
(1) Relatively few ETFs have been declared Bull (4) or Turning Up (2).
(2) An unusually large number of ETFs are hardly moving and have therefore been rated Neutral (0).
(3) Relatively few ETFs have been declared Turning Down (-2) or Bear (-4).


05Jan17 - International ETFs doing well, Many ETFs are Flat: ' Consolidation Pause'.

(1) An unusually large number of International ETFs are rated Bull (4).
(2) A fair number of ETFs are hardly moving and have therefore been rated Neutral (0).
(3) Relatively few ETFs have been declared Turning Down (-2) or Bear (-4).

22Dec16 - Prices of most ETFs are little changed:

(1) Relatively few ETFs are rated Turning Up (2) or Bull (4).
(2) A large number of ETFs are moving more or less sideways and therefore have been rated Neutral (0).
(3) Relatively few ETFs are rated Turning Down (-2) or Bear (-4).

15Dec16 - General Rise in prices is on hold:
(1) A number of formerly Bull (4) ETFs are struggling to go higher and therefore have been down rated to Topping Neutral (0).
(2) Some Bull (4) rated ETFs have been rated Bull (4) because they are neither rising nor falling.
(3) More ETFs are rated Turning Down (-2) or rated Bear (-4) than last week.

08Dec16 - Obvious General Rise in prices:
(1) Many ETFs are rated Bull (4) or rated Turning Up (2).
(2) A few ETFs are rated Neutral (0).
(3) Few ETFs are rated Turning Down (-2) or rated Bear (-4).

Thanks for your support (Following my Chart List and Voting for it).

0000.2 - Market Strength Assessment Summary - Slightly Less Bullish as of 13Jan17

0000.2 - Market Strength Assessment Chart Summary

06Jan17 - Market Strength Assessment charts are Slightly Less Bullish
(1) Eight charts are Bullish.
(2) Three charts are Neutral.
(3) Three charts are Bearish

06Jan17 - Market Strength Assessment charts are generally Bullish
(1) Ten charts are Bullish.
(2) Three charts are Neutral.
(3) One chart is Bearish

30Dec16 - Market Strength Assessment charts have gone from Bullish to Bearish.
(1) Two charts are Bullish.
(2) Four charts are Neutral.
(3) Eight charts are Bearish

23Dec16 - Market Strength Assessment charts have gone from 'Very Bullish' to 'Somewhat Bullish'.
(1) Seven charts are Plus.
(2) Four charts are Neutral.
(3) Three charts are Minus

16Dec16 - Market Strength Assessment charts have gone from 'Very Bullish' to 'Somewhat Bullish'.
(1) Six charts are Plus.
(2) Seven charts are Neutral.
(3) One chart is Minus


Thanks for your support (Following my Charts and Voting).

0000.3 - Methodology - Rules of Engagement

0000.3 - Methodology - Rules of Engagement

======================================================================================================

Note: As a general rule, I personally invest only in ETFs that are (1) 'better than average' (Stock Charts Technical Rank > 70)
and (2) liquid (Average Daily Volume exceeds 300,000).

Table of Contents:
0000 - 0099 General Market Direction (Page 1)
0100 - 0190 Weekly Sector Charts (Page 3)
0200 - 0440 Market Strength Assessment (Page 4)
1000 - 1999 USA (Page 5)
2000 - 2999 International (Page 15)
3000 - 3999 Leveraged (Page 21)
4000 - 4999 Metals, Oil & Gas, Commodities, and Bonds (Page 37)
7000 - 7999 Medium Term - Weekly (Page 47)
8000 - 8999 Long Term - Monthly (Page 47)
9000 - 9999 FYI - Performance Comparisons, Bullish Percent, and General Interest. (Page 47)

======================================================================================================

Thanks very much for Follows and Votes!

0001 - S&P 500 ($SPX) 6 Mo Day- RSI: Flat- Neutral 13Jan17

0001 - S&P 500 Large Caps ($SPX) - 6 Month Daily. Please vote. Thanks very much for your support!

13Jan17 - S&P 500 is in Consolidation/Pause mode.
(1) Neutral: RSI(14) is Bullish (above 50) but it's Flat.
(2) Minus: Indicators MACD, TRIX, PMO, and SLOPE are Bearish and drifting lower.
(3) Plus: Full Stochastics is close to Overbought and Slow Stochastics is rising.
(4) Plus: ROC ticked up and is above 0.
(5) Plus: Chaikin Oscillator is above 0 signaling more Buying than Selling pressure.
(6) Neutral: MFI is drifting lower.
(7) Plus: The Medium Term Trend (EMA 13 over EMA 34) continues Bullish.

06Jan176 - First week of 2017 closed at a new All-Time-High.
(1) Plus: RSI(14) is rising and is above 50 (Bullish).
(2) Neutral: Indicators MACD, TRIX, PMO, and SLOPE are Bearish but improving.
(3) Plus: Full Stochastics is close to Overbought and Slow Stochastics bounced to Overbought.
(4) Neutral: ROC is close to 0 and flat.
(5) Plus: Chaikin Oscillator is above 0 which signals more Buying pressure.
(6) Neutral: MFI is flat.
(7) Plus: The Medium Term Trend (EMA 13 over EMA 34) continues Bullish.

30Dec16 - Last week of 2016 ended on a sour note.
(1) Minus: RSI(14) is falling and close to becoming Bearish (below 50).
(2) Minus: Indicators MACD, TRIX, PMO, and SLOPE have just crossed Bearish.
(3) Minus: Full Stochastics is below Overbought but Slow Stochastics is Oversold.
(4) Minus: ROC has fallen below 0.
(5) Minus: Chaikin Oscillator is below 0 which signals selling pressure.
(6) Neutral: MFI has continued to drop.
(7) Plus: The Medium Term Trend (EMA 13 over EMA 34) continues Bullish.

0002 - S&P 500 ($SPX) 2 Year Day- S&P 500 Flat- 13Jan17

0002 - Proxy for the Market, the S&P 500 Large Cap Index ($SPX) - 2 Years Daily - Please continue to cast your Votes of Support. Thanks very much!

13Jan17 - The S&P 500 isn't moving Up or Down, it's moving sideways.
(1) Neutral: RSI EMA(20) is slowly falling.
(2) Minus: MACD, TSI, and TRIX are Bearish and slowly falling.
(3) Neutral: Both SLOPE EMA(20) and ROC EMA(20) are above 0 (Bullish) but slowly falling.
(4) Plus: Slow Stochastics are Overbought (above 80).
(5) Minus: Volume weighted MFI has continued to drop.

06Jan17 - The S&P 500 posted intraday and closing record highs but may experience turbulence.
(1) Neutral: RSI EMA(20) appears to have stopped falling and is flat.
(2) Neutral: MACD, TSI, and TRIX continue Bearish but are improving.
(3) Neutral: Both ROC EMA(20) and SLOPE EMA(20) are above 0 but are falling.
(4) Minus: Volume weighted MFI has continued to fall.
(5) Plus: Slow Stochastics have returned to Overbought (above 80).

30Dec16 - The S&P 500 is falling.
(1) Neutral: RSI EMA(20) is above 50 (Bullish) but it is falling.
(2) Minus: MACD, TSI, and TRIX have achieved Bearish crosses.
(3) Neutral: Both ROC EMA(20) and SLOPE EMA(20) are above 0 but are falling.
(4) Minus: Volume weighted MFI is below Overbought.
(5) Minus: Slow Stochastics have fallen from Overbought (above 80).

23Dec16 - The S&P 500 no longer appears to be rising
(1) Neutral: RSI EMA(20) is above 50 (Bullish) but its movement is sideways.
(2) Neutral: MACD, TSI, and TRIX may be falling toward Bearish crosses.
(3) Neutral: Both ROC EMA(20) and SLOPE EMA(20) are above 0 but flat.
(4) Minus: Volume weighted MFI is below Overbought.
(5) Plus: Slow Stochastics remains Overbought (above 80).

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

0003 - S&P 500 ($SPX) 6 Mo Day- RSI: Flat- Neutral 13Jan17

0003 - S&P 500 ($SPX) 6 Month Day. Thanks very much for Following and for your Votes!

13Jan17 - Markets move Up, Down or Sideways. The S&P 500 is moving Sideways.
(1) Neutral: RSI(14) is flat.
(2) Neutral: MACD(12,26,9) Histogram signal is flat.
(3) Plus: SLOPE is Bullish.
(4) Neutral: Full Stochastics is flat; Slow Stochastics is rising.
(5) Plus: ROC (Rate of Change) is Bullish (above 0 and ticked up.
(6) Plus: S&P 500 Medium Term Trend continues Bullish: EMA(13) is above EMA(34).

06Jan17 - The S&P 500 has resumed moving Upward.
(1) Neutral: RSI(14) is rising and is now not far from Overbought (above 70).
(2) Neutral: MACD(12,26,9) Histogram signal is Bearish but improving.
(3) Plus: SLOPE has crossed Bullish.
(4) Neutral: Both Full Stochastics and Slow Stochastics are on the cusp of Overbought.
(5) Neutral: ROC (Rate of Change) is Bullish (above 0) but is flat.
(6) Plus: S&P 500 Medium Term Trend continues Bullish: EMA(13) is above EMA(34).

30Dec16 - The S&P 500 is moving Downward.
(1) Minus: RSI(14) has fallen and is now well below Overbought (above 70).
(2) Minus: MACD(12,26,9) Histogram signal is Bearish.
(3) Minus: SLOPE has become Bearish.
(4) Minus: Full Stochastics and Slow Stochastics have fallen from Overbought.
(5) Minus: ROC (Rate of Change) has fallen from Bullish (above 0).
(6) Plus: S&P 500 Medium Term Trend continues Bullish: EMA(13) is above EMA(34).

23Dec16 - The direction of the S&P 500 is sideways.
(1) Neutral: RSI(14) has fallen below Overbought (above 70).
(2) Minus: MACD(12,26,9) Histogram signal is Bearish.
(3) Neutral: SLOPE has crested and although it is still above 0, it is almost Bearish.
(4) Neutral: Full Stochastics has stayed Overbought but Slow Stochastics is below Overbought.
(5) Neutral: ROC (Rate of Change) is Bullish (above 0) but it has been falling.
(6) Plus: S&P 500 Medium Term Trend continues Bullish: EMA(13) is above EMA(34).

0004 - S&P 500 ($SPX) 2 Month Daily- Medium Term Trend: Bullish- 13Jan17

0004 - Proxy for the Market, the S&P 500 Large Cap Index ($SPX) - 2 Months Daily - Thanks very much for your continued support (Votes and Follows).

13Dec17 - The S&P 500 (proxy for the Market) is flat.
(1) Neutral: MACD(12,26,9) Histogram is below 0 (Bearish) but it's flat.
(2) Neutral: Slow Stochastic is close to Overbought (over 80) but it's flat.
(3) Plus: Medium Term Bullish Trend (EMA 13 Day above EMA 34 Day) continues.
(4) Neutral: ADX(7) is below 20and falling ==> There is no Short Term Trend.

06Dec17 - The S&P 500 (proxy for the Market) has set a new All-Time-High.
(1) Neutral: MACD(12,26,9) Histogram is below 0 (Bearish) but it has narrowed.
(2) Neutral: Slow Stochastic is no longer falling and is close to Overbought (over 80).
(3) Plus: Medium Term Bullish Trend (EMA 13 Day above EMA 34 Day) continues.
(4) Neutral: ADX(7) is below 25 but it has leveled off ==> Short Term Trend no longer growing weaker.

30Dec16 - The S&P 500 (proxy for the Market) appears to have reached an apex and is now falling.
(1) Minus: MACD(12,26,9) Histogram has crossed below 0 (Bearish).
(2) Minus: Slow Stochastic is falling and no longer Overbought (over 80).
(3) Plus: Medium Term Bullish Trend (EMA 13 Day above EMA 34 Day) continues.
(4) Minus: ADX(7) Above 25 but Falling ==> Short Term Trend Growing Weaker.

23Dec16 - For the last 10 days the S&P 500 (proxy for the Market) has been flat.
(1) Minus: MACD(12,26,9) Histogram has crossed below 0 (Bearish).
(2) Plus: Slow Stochastic is Overbought (over 80).
(3) Plus: Medium Term Bullish Trend (EMA 13 Day above EMA 34 Day) is strong.
(4) Minus: ADX(7) Well Above 25 but Falling ==> Short Term Trend Growing Weaker.

Please 'FOLLOW' and 'VOTE'. Thanks very much for your support!

0005 - S&P 500 ($SPX) 10 Day Hourly- Intraday Signs: Over CHANDLR: Bullish- 13Jan17

0005 - S&P 500 Intraday Chart - An intraday look (under the hood) for the last 10 Days

01Dec16 - Intraday - The price of the S&P 500 is under the Chandelier Exit, suggesting that a Downtrend has begun.

14Oct16 - Chart 5: A strongly rising market that began Thursday morning 13 October, appeared to continue into Friday 14 October, but in a disappointment optimism turned to pessimism as Friday gains eroded and Friday ended up roughly the same place it began.

07Sep16 - The S&P 500 is managing to stay above the CHANDLR indicator.

**********************************************************************************************************************************************************************************************
FYI: When the market price is above the Chandelier Exit (CHANDLR) it suggests an Uptrend. Conversely, when the market price is under the Chandelier Exit, it suggests a Downtrend.

**********************************************************************************************************************************************************************************************

Thanks very much for your continued Support! Please don't forget to register your Vote.

0006 - S&P 500 ($SPX) 3 Years Weekly- RSI: Up- Bull 06Jan17

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

13Jan17 - For the week the S&P 500 was little changed, losing 0.10%.
(1) Neutral: RSI(14) is above 50 (Bullish) but is generally flat.
(2) Plus: MACD, PPO, TSI, and TRIX continue to look Bullish.
(3) Neutral: AROON is Bullish but pointing down.
(4) Plus: Full Stochastics continues Overbought.
(5) Plus: The 'Long Term' Trend continues BULLISH (13 Week EMA ABOVE 34 Week EMA).
(6) Plus: ADX(14) continues below 20 but rising signaling a possible developing (Up) Trend.

06Jan17 - A nice start to 2017: The S&P 500 closed the week at a new All-Time-Record.
(1) Plus: RSI(14) is above 50 (Bullish) and generally rising.
(2) Plus: MACD, PPO, TSI, and TRIX continue to look Bullish.
(3) Neutral: AROON is Bullish but is pointing down.
(4) Plus: Full Stochastics continues Overbought.
(5) Plus: The 'Long Term' Trend continues BULLISH (13 Week EMA ABOVE 34 Week EMA).
(6) Plus: ADX(14) below 20 and rising signals there may be a developing (Up) Trend .

23Dec16 - Claus Pause: The S&P 500 upward push continued but at a very modest pace.
(1) Plus: RSI(14) is above 50 (Bullish) and continues to rise.
(2) Plus: MACD, PPO, TSI, and TRIX are all Bullish.
(3) Plus: Full Stochastics is Overbought.
(4) Plus: AROON continues to slowly improve.
(5) Plus: The 'Long Term' Trend continues BULLISH (13 Week EMA ABOVE 34 Week EMA).
(6) Neutral: ADX(14) well below 20 but rising signals there may be a developing Trend.

16Dec16 - The S&P 500 upward push stalled out, resulting in a Japanese Candle 'Spinning Top'. These often mark changes in direction.
(1) Plus: RSI(14) is above 50 (Bullish) and continues to rise.
(2) Plus: MACD, PPO, TSI, and TRIX are all Bullish.
(3) Plus: Full Stochastics is Overbought.
(4) Plus: AROON continues to rise.
(5) Plus: The 'Long Term' Trend continues BULLISH (13 Week EMA ABOVE 34 Week EMA).

Thank you very much for your continued Support.

0007 - S&P 500 ($SPX) 6 Yrs- Long Term (Monthly): Turning Up- 13Jan17

0007 - Question: What is the Long Term (Monthly) Trend of the S&P 500 Index. Thanks for your continued support!

13Jan17 - Rising prices thus far in 2017.
(1) - Neutral: The signal given by PMO(35,20,10) is increasingly narrow.
(2) - Plus: Slow Stochastic signal continues Overbought.
(3) - Plus: Williams %R signal continues Overbought.
(4) - Plus: StochRSI signal continues Overbought.

06Jan17 - Rising prices thus far in 2017.
(1) - Neutral: The signal given by PMO(35,20,10) is increasingly narrow.
(2) - Plus: Slow Stochastic signal continues Overbought.
(3) - Plus: Williams %R signal continues Overbought.
(4) - Plus: StochRSI signal continues Overbought.

30Dec16 - December closed Up but per the monthly candlestick, lost considerable ground from its high.
(1) - Neutral: The signal given by PMO(35,20,10) is narrowly Bearish.
(2) - Plus: Slow Stochastic signal continues Overbought.
(3) - Plus: Williams %R signal continues Overbought.
(4) - Plus: StochRSI signal continues Overbought.

23Dec16 - With only four Trading days left in the month, December is very likely to close Up.
(1) - Neutral: The signal given by PMO(35,20,10) is narrowly Bearish.
(2) - Plus: Slow Stochastic signal continues Overbought.
(3) - Plus: Williams %R signal continues Overbought.
(4) - Plus: StochRSI signal continues Overbought.

16Dec16 - With half the month in the rear view mirror, December is Up a respectable 2.70%.
(1) - Neutral: The signal given by PMO(35,20,10) is narrowly Bearish.
(2) - Plus: Slow Stochastic signal continues Overbought.
(3) - Plus: Williams %R signal continues Overbought.
(4) - Plus: StochRSI signal continues Overbought.

Thanks very much for your continued support!

This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Use for more details.