Art's Charts

March 2018

Art's Charts

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Weekly Market Review & Outlook - Green Shoots Appearing

by Arthur Hill

To Bounce or Not To Bounce. %Above 200-day EMA at Inflection Point. Fewer New Lows in March. Seasonality is Quite Bullish in April. A Big Triangle for the S&P 500. Playing the Swings within the Triangle. QQQ is Not Broken. Small-caps are Showing Relative Strength... Read More 

Art's Charts

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SystemTrader - Putting the Put-Call Ratio Through the Wringer

by Arthur Hill

Introduction and Overview. A Historical Look at the Ratio. Put Volume Surges to Multi-year Levels. The Eye-Ball Signals. Putting Together a System. Running the Numbers. Conclusions. ..... Read More 

Art's Charts

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SystemTrader - Would you have the Nerve? - Revisiting Mean-Reversion and Adding Leverage

by Arthur Hill

Universe, Market Regime and Ground Rules. Know Your Indicators. Sample Signals for IJR and QQQ. Testing the Big Four. Plotting Equity and Drawdowns. Testing Four Leveraged ETFs. Conclusions and Caveat Emptor! Introduction and Overview..... Read More 

Art's Charts

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Breadth: Weighing Active Bullish Signals Against New Bearish Signals

by Arthur Hill

Another Bearish Breadth Thrust. High-Low Percent Indicators Remain Bullish. %Above 200-day Indicators Dip below 50%. Index Table Remains Bullish. Sector Breadth Highlights. Bottom Line: Still a Bull Market. Breadth Overview ..... Read More 

Art's Charts

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Weekly Market Review & Outlook (with Video) - As the Roller Coaster Turns

by Arthur Hill

The 2018 Roller Coaster Continues. High-Low Line Turns Down for XLY. SPY Leads the Wedge Break Downs. XLF, XLV, XLY and XLB Break Wedge Lines. When Oversold is Not Such an Opportunity. XLI Breaks Triangle Support. Breakaway Gaps for XLK. Gold Bounces off Support Zone... Read More 

Art's Charts

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QQQ Traps Traders on the Island as SPY Extends Wedge Break

by Arthur Hill

QQQ Holds Gap for Three Days. SPY Holds Wedge Break. Charting the Fab Five. MMM and Honeywell Join Dow Triangulation. QQQ Traps Traders on the Island ... QQQ formed an island reversal with Monday's gap down and held this gap for three days... Read More 

Art's Charts

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Gold: Is this Another Head Fake or the Beginning of a Move?

by Arthur Hill

Gold and the Dollar Hit Inflection Points. Dollar Bumps Into Short-term Resistance. Gold Miners Underperform Gold. GDX Tests Low End of Range. Gold Channels Harden..... Read More 

Art's Charts

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SPY Erases the Gap - ITA Bucks the Trend - Focus on Defense Stocks

by Arthur Hill

Broad Selling in Technology. SPY Erases the Gap. New Floors and Ceilings. Defense Stocks Buck the Selling. Six Stocks with Bullish Continuation Patterns. Oil Consolidates within an Uptrend. Oil and XES Still Positively Correlated. XES Battles Retracement Zone... Read More 

Art's Charts

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Weekly Market Review & Outlook (with Video) - Monitoring the Sector High-Low Lines

by Arthur Hill

Pop and Drop for Two Key Sectors. SPY Approaches First Test. High-Low Percent Pops and Drops. Sector High-Low Lines Still Rising. Big Sectors Remain Mixed. Gold Corrects within Correction. Treasury Bonds Get Oversold Bounce. Funding the Growing Deficit... Read More 

Art's Charts

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Non-confirmations Persist, but Bulls have the Edge in this Stock Pickers Market

by Arthur Hill

Non-confirmations Continue to Nag. Setting the Benchmark Highs. RSP Sector Weights are Quite Different. EW Consumer Discretionary and Industrials Lag. XLF and XLY Trigger Triangle Breaks. A Stock Picker's Market. Non-confirmations Continue to Nag..... Read More 

Art's Charts

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Measuring the Weight of the Evidence with Breadth Indicators

by Arthur Hill

Breadth Indicators Strengthen. Nasdaq 100 Leads AD Percent Rebound. $SPX High-Low% Signals End of Correction. Large-caps Lead %Above 200-day EMA. Broad Market Breadth Table. Sector Breadth Table. Links for Sector Breadth Charts. Breadth Indicators Strengthen..... Read More 

Art's Charts

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Weekly Market Review & Outlook (with Video) - Market Likes a Teenage VIX

by Arthur Hill

VIX is a Teenager Again. $NDX and $SML AD Lines Lead. New Highs Still Dragging. Small-caps, Large-caps, Tails and Dogs. Six Leading Sectors (and Four Laggards). A Pop and Drop for Gold. Oil Forms Lower High. The Incredibly Shrinking Stock Market... Read More 

Art's Charts

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Finding Strong Stocks and Avoiding Weak Ones - Steel, Brokers, Defense and More

by Arthur Hill

Separating the Leaders from the Laggards. Flying Flags for Commercial Metals and Nucor. Broker-Dealer iShares Leads with New High. Morgan Stanley and the 3 Discount Brokers. Defense and Aerospace ETF Fully Recovers. General Dynamics and Lockheed Martin... Read More 

Art's Charts

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SystemTrader - The Turn of the Month Strategy

by Arthur Hill

Turn of the Month Strategy. Testing the Last and First Days of the Month. Turn of the Month Results. Plotting the Equity Curve. Charting Recent Results. Conclusions and Takeaways. The turn of the month shows a strong bullish bias, regardless of the broad market trend... Read More 

Art's Charts

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The Strange Correlation between Gold and Silver - Plus Copper the Chopper

by Arthur Hill

The Strange Correlation between Gold and Silver. Gold Looks Poised to Continue Trend. Silver ETF Breaks Wedge Line. Copper the Chopper Bounces. Correlation between Gold and Silver..... Read More 

Art's Charts

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SPY Meanders, but Two Sectors Stand Out - 7 Bullish Stock Charts

by Arthur Hill

SPY Continues to Meander. Sector Performance Remains Mixed. Seven Industry Group ETFs Stand Out. Regional Bank SPDR Forms Continuation Pattern. QQQ, Top Stocks and the 50-day SMAs. Leading Stocks with Bullish Charts... Read More 

Art's Charts

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Weekly Market Review & Outlook (with Video) - Bull Markets, Corrections and Pullbacks

by Arthur Hill

Pullbacks versus Corrections versus Bull Markets. Objective Uptrend and Subjective Correction. VIX Moves Back above 20. Gold Firms at Support Zone. Legendary Trader Sounds the Alarm. Trend Followers Know What they Don't Know. CNBC Interview with Tobias Levkovich... Read More 

Art's Charts

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And Then There was One - Applying a Dow Theory Principle to the Top Sectors

by Arthur Hill

XLK is Near Top of 2018 Range. XLE is Near Bottom of 2018 Range. Year-to-date Ranks for Equal-Weight Sectors. And Then There was One. EW Consumer Discretionary ETF Underperforms. Scanning the Major Indexes. Majority of Stocks are Struggling... Read More