Back to
All Public ChartLists
* Play or stay away? Charts to answer the questions.
Play relative strength games when markets are strong, but it is also good to know when to get out.
- Rank: 36
- Followers: 24
- Votes: 327
- Years Member: 3
- Last Update: 24 September 2021, 9:38
-
Categories:Market Timing
Market Breadth Analysis
General Market Commentary
Market assessment 20210919
Dropped for two weeks but not even down 3%. I expected it would be shallow and I *think* we are almost done. Now resting on the 50-day moving average. It is on the edge but I started deploying cash on Friday. Could be a rest before another drop but not expecting anything big.
Options expiration last Friday and volatility can continue into this week.
Correction watch: Low immediate risk of a drop > 5%
Chart comments:
101 Buy-and-Holders: long term bullish (but top of channel and sentiment dropping)
102 Investors: intermediate term bullish
103 Swing Traders: short term mixed
105 Storm Track: micro term bearish
106 Aggressive?: mixed
107 Defensive?: down = bullish
108 Top?: no top indicated
109 Bottom?: no bottom indicated
110 Intermarket
111-113: Sectors (cap weight, EW, small cap)
114 Size & style
115 Factors:
116 US Dollar
400-405: Factor ETF relative strength (RS)
5XX: ETFs for reference
-----------------------------------------
"Trading in the Zone" by Mark Douglas about the mental game.
Note: Profile says PRO but I am an engineer. Updates on weekends.
"It is enough to identify prevailing conditions and respond to them as they change, without any need to predict." -- John Hussman
All information is strictly for education. ...............................................................
Dropped for two weeks but not even down 3%. I expected it would be shallow and I *think* we are almost done. Now resting on the 50-day moving average. It is on the edge but I started deploying cash on Friday. Could be a rest before another drop but not expecting anything big.
Options expiration last Friday and volatility can continue into this week.
Correction watch: Low immediate risk of a drop > 5%
Chart comments:
101 Buy-and-Holders: long term bullish (but top of channel and sentiment dropping)
102 Investors: intermediate term bullish
103 Swing Traders: short term mixed
105 Storm Track: micro term bearish
106 Aggressive?: mixed
107 Defensive?: down = bullish
108 Top?: no top indicated
109 Bottom?: no bottom indicated
110 Intermarket
111-113: Sectors (cap weight, EW, small cap)
114 Size & style
115 Factors:
116 US Dollar
400-405: Factor ETF relative strength (RS)
5XX: ETFs for reference
-----------------------------------------
"Trading in the Zone" by Mark Douglas about the mental game.
Note: Profile says PRO but I am an engineer. Updates on weekends.
"It is enough to identify prevailing conditions and respond to them as they change, without any need to predict." -- John Hussman
All information is strictly for education. ...............................................................
111 Cap Weight Sectors 2 - Financial, Health, Energy, Materials
111 Cap Weight Sectors 3 - Real Estate, Staples, Utilities
112 Equal Weight Sectors 1 - Equal Weight Technology, Industrial, Discretionary, Telecom
112 Equal Weight Sectors 2 - Equal Weight Financial, Health, Energy, Materials
112 Equal Weight Sectors 3 - Equal Weight Real Estate, Staples, Utilities
113 Small Cap Sectors 1 - Small Cap Technology, Industrial, Discretionary
113 Small Cap Sectors 2 - Small Cap Financial, Health, Energy, Materials
113 Small Cap Sectors 3 - Small Cap Real Estate, Staples, Utilities
114 Best Current Market Proxy
115 Factors
This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Service for more details.