DecisionPoint

May 2017

DecisionPoint

Monthly Chart Review - Large Caps, Small Caps, Big Four

by Erin Swenlin

It's the last day of the month and consequently time to review the monthly charts that have just gone final. There are some interesting configurations, especially on the Dollar and Bonds which I'll cover later in the blog... Read More 

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DP Alert: Market Pauses - Indicators Suggest a Bearish Week

by Erin Swenlin

No new changes to report today. Although we are seeing BUY signals on all of the DecisionPoint Scoreboards, the short-term picture is not that bullish according to our other market indicators... Read More 

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DecisionPoint Weekly Wrap -- Participation Fading

by Carl Swenlin

Last week I said that I was expecting the market to do a little more work on the downside before the bull market resumed, but the market had other ideas. Prices continued to rally, and on Thursday SPY broke to new, all-time highs... Read More 

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DP Alert: New PMO BUY Signals on All Four Scoreboards Too Late? - LT Trend Model SELL on Dollar

by Erin Swenlin

As noted in the DP Scoreboard Summary below, all four major indexes triggered PMO BUY Signals today as the PMO crossed above its signal line. This certainly confirms the ST Trend Model BUY signals that appeared after yesterday's strong rally... Read More 

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DP Alert: STTM BUY Signals for Dow and OEX - Oil Shoots Higher

by Erin Swenlin

The market recovery since Wednesday has been remarkable. With this steady rally, last week's bearish signals are being erased... Read More 

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Gold's New BUY Signals - SPX Triggers ST Trend Model BUY Signal

by Erin Swenlin

I received some very important alerts this afternoon. Gold triggered a new IT Trend Model BUY signal as the 20-EMA crossed above the 50-EMA... Read More 

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DecisionPoint Weekly Wrap -- Break and Bounce

by Carl Swenlin

In our Conclusions section of the Weekly Wrap last week, I expressed my heightened level of caution due to the negative condition of our indicators... Read More 

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DP Scoreboards PMO SELL Signals Reflect Big Shift in Momentum

by Erin Swenlin

You'll likely notice the significant changes to the DP Scoreboards (which you can now find on your member homepage in the drop down in the "Market Movers" box!). A clear shift in momentum is taking place... Read More 

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DP Alert: PMO SELL Signal on Dollar - PMO BUY Signal on Oil

by Erin Swenlin

No changes to report on the DecisionPoint Scoreboards. They remain green in all timeframes (with the exception of the Dow IT PMO SELL signal). I suspect we will see some IT PMO SELL signals this Friday, barring a major rally... Read More 

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DecisionPoint Weekly Wrap -- Rally Stalls

by Carl Swenlin

I thought that last week's breakout was the initiation of a new rally that would continue this week. But no. This week price moved back below the breakout level, but strangely this failure did not develop into a more serious breakdown either... Read More 

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DP Alert: New IT Trend Model NEUTRAL Signal for GOLD

by Erin Swenlin

No new changes to the DP Scoreboards to report...except that you can now find the DP Scoreboards on your member homepage! I'll be writing about how to quickly access it in tomorrow's blog... Read More 

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Catching Up with Small- and Mid-Cap ETFs (IJH, IJR, IWM)

by Erin Swenlin

I realized that I haven't really reviewed the small and mid-cap ETFs in some time. You'll find these charts in the DecisionPoint LIVE shared ChartList if you want to keep an eye on them with my annotations... Read More 

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DP Alert: Indicators Mixed but Leaning Bullish - Record Lows for VIX

by Erin Swenlin

The DP Scoreboards continue to show bullishness in all three time frames as far as price trends and momentum. The only outcast is the Dow which is still waiting on the weekly PMO to have a positive crossover. Unfortunately, the PMO on the weekly chart is still in decline... Read More 

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DecisionPoint Weekly Wrap -- Bad Week for Gold and Crude

by Carl Swenlin

Last week I wrote regarding SPY: "Consolidation may continue for a bit, and it is possible that price will move lower toward the point of the breakout and fill Tuesday's gap; however, the charts in all three time frames are bullish, and I favor a breakout to new all-time highs ne... Read More 

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DP Alert: Flat Trading - USO Crash - Gold Correcting

by Erin Swenlin

The market hasn't really done much this week which is keeping the DP Scoreboards in a holding pattern. I've been getting regular 'technical alerts' that the OEX IT Price Momentum Oscillator (PMO) signal has changed, meaning that whipsaw is happening daily... Read More 

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Another PMO Scan - Got You Covered MarketWatchers LIVE Fans!

by Erin Swenlin

During the MarketWatchers LIVE program (airs 12:00p - 1:30p EST M/W/F), Tom Bowley and I have started a segment called "Anatomy of a Trade" where we go through our process for identifying investment prospects... Read More 

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DP Alert: Resistance Hit and Held - Energy Sector LT SELL Signals

by Erin Swenlin

No new changes to report on the DecisionPoint Scoreboards (found in the DecisionPoint Chart Gallery link on the homepage). The market has hit overhead resistance at all-time highs and is struggling to overcome... Read More 

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Singapore ETF (EWS) Breaks Out - Upside Potential

by Erin Swenlin

During today's MarketWatchers LIVE show (Tune in MWF 12:00-1:30p EST) Tom Bowley and I looked at "Monday Set-Ups". Check the MarketWatchers Recap here to see the list... Read More