Daily 2X ETF Indices Market Trends
$$WLSH - Monthly long
WARNING!! Big Megaphone Top Pattern is finishing!!
$COMPQ - Monthly 1999-now
Long term count on the Nasdaq. This count warns we are approaching a top.
$COPPER - Weekly
$CPC - Daily
This Chart can identify when sentiment gets extreme.
$GDOW - Weekly
This chart gives us a global perspective.
$NYAD - Daily-5dma
This chart can be used to identify extremes. This can warn of us of potential turns coming in the market. Extremes are -800 and +1000.
$Percent of Stocks above 200dma for S & P 500
$SPX - Daily Oct-Mar Wave 1 Down
$SPX:$VIX - Weekly long term
This is a chart to chatch the extremes in the market. Dropping VIX is sending things to EXTREMES! This could be a TOP in the markets.
$VIX - Weekly
Warning VIX is at the lowest level since June 2007. Does this make since in the world today with Europe in a recession.