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A NASDAQ daily chart tracking an intermediate time frame.
A set of ratio charts to assess market tolerance for risk. Stocks do best when these charts are climbing, and 50-day EMA crossovers in either direction indicate a change in bias.
Among the original momentum-based timers. Bias changes occur at full crossovers of the 5-, 10-, and 20-day EMAs. Useful in the intermediate time frame, the 5-10-20 tends to filter out noise in favor of the primary trend. A little laggy at market turns, it%27s also less reliable in choppy, sideways markets.
Dividing the NASDAQ by the Total Put/Call Ratio helps visualize sentiment among options traders. Call buying creates climbing lines above, a condition generally positive for stocks. EMA crossovers indicate shifts in bias. First created by long-time board poster Richard McRanie [The Old Fool (TOF)]. I%27ve been a big fan of this indicator ever since. Thanks, TOF.
The McClellan measures breadth, and when used as a timing tool shifts biases earlier than both the 5-10-20 above (chart 3), and the Summation Index (chart 22). $NAMO is prone to headfakes in either direction, especially in sideways markets.
The market performs best when Industrials, Transports and Utilities all trade above their 50-day EMAs. Signal strength is at its peak when these charts hit new highs, especially in combination.
Daily VIX, annotated with market events.
These are contrarian charts that weaken during rallies and improve during selloffs. They help visualize the flight-to-safety trade, and are useful in gauging the conviction of rallies and pullbacks. If the market sells off and these charts don%27t rally and improve, the selloff is unlikely to be long-lived. Crossovers of the 50-day EMAs mark changes in bias.
For short-term trend-watching. Crossovers of the 17- and 34-hour EMAs indicate changes in bias. Less useful in choppy, trendless markets.
Daily chart of the 10-year Treasury yield.
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