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A NASDAQ daily chart tracking an intermediate time frame.
A set of ratio charts to assess the market tolerance for risk. Stocks do best when these charts are climbing, and 50-day EMA crossovers in either direction indicate changes in bias.
The 5-10-20 is one of the original momentum-based timers. Bias changes occur at full crossovers of the 5-, 10-, and 20-day EMAs. It%27s useful in the intermediate time frame, and tends to filter out noise in favor of the primary trend. The 5-10-20 is less useful in choppy, sideways markets.
The TOF Ratio helps visualize sentiment among options traders. Call buying helps create 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 tracks market breadth. Using it as a market timer moves you in and out of the market quicker than either the 5-10-20 (chart 3) or the Summation Index (chart 22). Useful for scalping quick rallies and avoiding short-term pullbacks. Sensitive indicator prone to head fakes in either direction, especially in sideways, trendless 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 also hit new highs, especially in combination.
The daily VIX, annotated with market events.
Helps visualize the flight-to-safety trade. These are contrarian charts that weaken during rallies, and improve during weakness. Useful in gauging the conviction of rallies and pullbacks, and crossovers of the 50-day EMAs indicate 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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