StockCharts.com - Free Charts

James Anderson Rank: 69 Followers: 24 Votes: 16 Years Member: 3 Last Update: 20 May 2013, 10:16 Categories: General Market Commentary
Sector / Industry Analysis
Trend Analysis

S&P Sector Analysis PG 1-3 for dailies and weeklies , Pg. 3 Discretionary Pg 5 Energy Pg. 6 Materials & Technology Pg. 7 Staples; Pg 8 Utilities; Pg. 9 Healthcare & misc(more industries to come); Pg 10 screen individual stocks using a divergence screen and then by Coupon Companion'>apply rules below

recent BUYS MCP MM PVG and recent SHORTS CNDO IOC ISIS RWT TA
Buy on all of the following conditions:

1. Can't buy or short if black adx line is below 20 in daily charts. ie trendless environment (reduces whipsaws)
2. Bullish ADX crossover
3. Price above BLUE colored moving average 15 day EMA
4. SAR dot is below current price
5. RSI crossing above 50
6. Bullish crossover on MACD
Sell or Short when opposite conditions noted above

Blue rectangles shows buy Red rectangles shows short the market

Not a recommendation to buy or sell see Stockcharts term s of use