Analysis of Market Direction ... Timing is everything!

Marc Slavin

22Jan18 - Updated International ETFs (2000 to 2999) and Metals, Oil and Gas, Bonds, and Innovation (4000 to 4999)
19Jan18 - NOTE: Well Over Top of 2 Year Trend Channel- See Chart 0320
17Jan18 - Updated Charts 0100 to 0300 and USA ETFs (1000 to 1999)
16Jan18 - Updated International ETFs (2000 to 2999).

12Jan18 - Too much of a good thing? The market appears quite Overbought and the chance of a cooling off period is increasing.

10Jan18 - Updated Leveraged ETFs (3000 to 3999)
09Jan18 - Updated Charts 0100 to 0300 and USA ETFs (1000 to 1999)

05Jan18 - Although pleasant, the current rate of price increase of the S&P 500 (and many other ETFs) is unsustainable. Expect next week to be lower/slower.

Please let me know what type of Charts you like/dislike. Thanks and Happy New Year!!!

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

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

Always err on the side of caution. Live to fight another day!
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Table of Contents:
Chart 0000 ETF Rating Summary
Chart 0001 Market Commentary
Chart 0002 Market Strength Summary
Chart 0003 Rating Methodology
Charts 0100 to 0999 US Sectors, Indexes, and Market Strength
Charts 1000 to 1999: USA ETFs
Charts 2000 to 2999: International ETFs
Charts 3000 to 3999: Leveraged ETFs
Charts 4000 to 4999: Metals, Oil and Gas, Bonds, and Innovation

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Monthly (LONG TERM): January 2018- Chart 0300: Monthly Trend Continues Bullish
Weekly (MEDIUM TERM): 19Jan18 - Chart 0305: Weekly Trend Continues Bullish
Daily (SHORT TERM): 19Jan18 - Chart 0000: Rating Summary as of 18Jan18: Bull/Turning Up (96), Neutral (42), and Bear/Turning Down (12)

Market Strength Charts (Charts 0500 - 0620): 19Jan18 - Chart 0002- Score: Less Bullish

0208 - Russell 2K Growth (IWO) INTRADAY- Strong- Neutral (0) 19Jan18

0208 - Russell 2000 Growth (IWO) 30 Days 60 Minutes

0209 - Russell 2K Growth (IWO) MEDIUM TERM- SCTR<70 Bullish (4) 19Jan18

0209 - Russell 2K Growth (IWO) 2 Years Weekly

18Aug17 - Small Caps suffer 4rth straight week of falling prices.

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.

0220 - Technology (XLK) SHORT TERM- SCTR>80 Bullish (4) 19Jan18

0220 - Technology Sector (XLK) 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.

0229 - Technology (XLK) MEDIUM TERM- SCTR>80 RSI: Up- Bull (4) 19Jan18

0229 - Technology (XLK) MEDIUM TERM

0230 - Materials (XLB) SHORT TERM- SCTR<70 Flat- Neutral (0) 19Jan18

0230 - Materials Sector (XLB) 6 Mo Day

Thanks very much for your Support!

0238 - Materials (XLB) INTRADAY- SCTR<70 Flat- Neutral (0) 19Jan18

0238- Materials Select Sector SPDR (XLB) 30 Days 60 Minutes

0240 - Mid Cap (MDY) SHORT TERM- SCTR<70 Bullish (4) 19Jan18

0240 - Mid Cap (MDY) 6 Month Daily-

18Aug17 - Mid Cap Chart looks very 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

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

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.

0248 - Mid Cap (MDY) INTRADAY- SCTR<70 Rising- Neutral (0) 19Jan18

0248 - Mid Cap (MDY) 30 Days 60 Minutes

0249 - Mid Cap (MDY) MEDIUM TERM- SCTR<70 RSI: Up- Bull (4) 19Jan18

0249 - Mid Cap (MDY) - 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 with questions, comments, or suggestions.

0300 - S&P 500 ($SPX) LONG TERM- Monthly Trend: Remains Bullish- January 2018

0300 -The Long Term (Monthly) Trend of the S&P 500 Index is an excellent barometer of what the US market is doing.

January 2018 - Monthly Trend: Continues Bullish with 6 Plus, 0 Neutral, 0 Minus

(1) Plus: PMO(35,20,10) is Bullish
(2) Plus: Slow Stochastic is Overbought
(3) Plus: Williams %R is Overbought
(4) Plus: StochRSI Overbought
(5) Plus: MFI Overbought
(6) Plus: Ultimate Oscillator (ULT) Overbought

December 2017 - Monthly Trend: Continues Bullish with 6 Plus, 0 Neutral, 0 Minus

(1) Plus: PMO(35,20,10) is Bullish
(2) Plus: Slow Stochastic is Overbought
(3) Plus: Williams %R is Overbought
(4) Plus: StochRSI Overbought
(5) Plus: MFI Overbought
(6) Plus: Ultimate Oscillator (ULT) Overbought


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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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