Analysis of Market Direction ... Timing is Everything!

Marc Slavin

25Apr18 - Updating Leveraged ETFs (3000 to 3999)
24Apr18 - Rising interest rates and earnings disappointments have Prices plunging. Updated USA ETFs (1000 to 1999)
23Apr18 - Updated Ratings of International ETFs (2000 to 2999) and Metals, Oil and Gas, Bonds, and Innovation (4000 to 4999)
16Apr18 - Market rising as War Fears subside. Updated Charts 0100 to 0300


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Road to a BUY: Bear->Less Bearish->Higher ->Rising->Turning Up->Bull.

Road to a SELL: Bull->Less Bullish->Lower ->Falling->Turning Down->Bear.

Err on the side of caution. Live to fight another day!
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Table of Contents:

Charts 0000 to 0003: Commentary, ETF Rating Summary, Market Strength, Rating Methodology
Charts 0100 to 0999 Sectors, Indexes, and Market Strength
Charts 1000 to 1999: United States
Charts 2000 to 2999: International
Charts 3000 to 3999: Leveraged
Charts 4000 to 4999: Metals, Oil and Gas, Bonds, and Innovation

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Market Strength Summary (Chart 0002) of Charts 0500 to 0620: On 20Apr18: Less Bullish

Monthly (LONG TERM): April 2018- Chart 0300: Monthly Falling Trend
Weekly (MEDIUM TERM): 20Apr18 - Chart 0305: Weekly Trend: Bearish
Daily (SHORT TERM): 20Apr18 - Chart 0001: Rating Summary as of 19Apr18: Bull/Turning Up (2), Neutral (138), and Bear/Turning Down (12)

0129 - Nasdaq (QQQ) MEDIUM TERM- SCTR<70 Uncertain- Neutral (0) 24Apr18

0129 - QQQ Trust (QQQ) 2 Years Weekly-

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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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Brent wrote:
'Thanks for your excellent charts.'

0130 - Russell 2K Small Caps (IWM) SHORT TERM- SCTR<80 Falling- Neutral (0) 24Apr18

0130 - Russell 2K Small Caps (IWM) SHORT TERM-

18Aug17 - The Small Cap Sector is in a Bearish Correction.

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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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0137 - Russell 2K Small Caps (IWM) INTRADAY- Just Under CHANDLR: Neutral- 24Apr18

0137 - Russell 2000 Small Caps (IWM) 30 Days 60 Minutes- CHANDLR

Note: A break above the Chandelier Exit signals strength, while a break below the Chandelier Exit signals weakness.

0138 - Russell 2K Small Caps (IWM) INTRADAY- SCTR<80 Bearish (-4) 24Apr18

0138 - Russell 2000 Small Caps (IWM) 60 Days 120 Mins-

The Small Caps provide a sensitive gauge of market direction (the Canary in Coal Mine).

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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.

From Ron: 'I love your charts. Very helpful.'

0139 - Russell 2K Small Caps (IWM) MEDIUM TERM- SCTR<80 Higher- Neutral (0) 24Apr18

0139 - Russell 2K Small Caps (IWM) - 2 Years Weekly-

18Aug17 - 4rth straight week of falling prices.

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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.

0140 - Energy Sector (XLE) SHORT TERM- SCTR>90 Less Bullish (4) 24Apr18

0140 - Energy Sector (XLE) 6 Mo Day-

18Aug17 - The Energy Sector is in a Bear Hug!

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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0148 - Energy (XLE) INTRADAY- Less Bullish (4) 24Apr18

0148 - Energy Sector (XLE) 30 Days 60 Minutes

0149 - Energy Sector (XLE) MEDIUM TERM- SCTR>90 Turning Up (2) 29Apr18

0149 - Energy Sector (XLE) 10 Years Weekly

28Dec17 - The Energy Sector is celebrating a very cold end to 2017.

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)

Thanks for Follows and Votes. Don't hesitate to Email with questions, comments, or suggestions.

0150 - Industrials (XLI) SHORT TERM- SCTR<50 Turning Down (-2) 24Apr18

0150 - Industrials (XLI) 6 Months Daily

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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.

0159 - Industrials (XLI) MEDIUM TERM- SCTR>70 Uncertain- Neutral (0) 24Apr18

0159 - Industrials (XLI) 2 Years Weekly

18Aug17 - The Industrial Sector has been losing ground for 5 weeks.

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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.

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