Analysis of Market Direction ... Timing is Everything!

Marc Slavin

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
11Apr18 - Updated Leveraged ETFs (3000 to 3999)

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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)

0160 - Cons. Staples (XLP) SHORT TERM- SCTR<10 RSI: Down- Bear (-4) 24Apr18

0160 - Consumer Staples (XLP) 6 Mo Day-

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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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0168 - Cons. Staples (XLP) INTRADAY- SCTR<10 RSI: Down- Bear (-4) 24Apr18

0168 - Consumer Staples (XLP) 30 Days 60 Minutes

0169 - Cons. Staples (XLP) MEDIUM TERM- SCTR<10 RSI: Down- Bear (-4) 24Apr18

0169 - Cons. Staples (XLP) MEDIUM TERM-

0170 - Consumer Discretionary (XLY) SHORT TERM- SCTR<90 Falling- Neutral (0) 24Apr18

0170 - Consumer Discretionary (XLY) 6 Mo Day-

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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0179 - Consumer Discretionary (XLY) MEDIUM TERM- SCTR<90 Uncertain- Neutral (0) 24Apr18

0179 - Consumer Discretionary (XLY) - 2 Years Weekly

18Aug17 - Consumer Discretionary suffered 3rd straight Down week.

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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0180 - Retail SPDR (XRT) SHORT TERM- SCTR>80 Uncertain- Neutral (0) 24Apr18

0180 - Retail SPDR (XRT) 6 Mo Day-

18Aug17 - The Retail Sector Chart looks very Bearish!

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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0190 - Dow 30 (DIA) SHORT TERM- SCTR<60 Turning Down (-2) 24Apr18

0190 - Dow 30 (DIA) 6 Mo Day-

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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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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 if you have a question, comment, or suggestion.

0197 - Dow 30 (DIA) SHORT TERM- Below 65 Day EMA: Bearish- 24Apr18

0197 - Dow 30 (DIA) - 6 Mo Day- 65 Day EMA

0199 - Dow 30 (DIA) MEDIUM TERM- SCTR<60 Neutral (0) 24Apr18

0199 - Dow 30 (DIA) 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

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

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

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 if you have questions, comments, or suggestions.

0200 - Russell 2K Growth (IWO) SHORT TERM- SCTR<90 Turning Down (-2) 24Apr18

0200 - Russell 2000 Growth (IWO) 6 Mo Day

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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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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.

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