070 Daily Indicator (Trend) Review

Lawrence Stanczak Rank: 57 Followers: 12 Votes: 36 Years Member: 10 Last Update: 22 May 2013, 18:19 Categories: Trend Analysis
Market Timing
Support / Resistance Lines

Intermediate Term: Bullish. Short Term Neutral
The purpose of this list is to assess market trend and risk using Intermarket analysis of Commodities; Currencies; Bonds; and Stocks as well as Risk Appetite (VIX, CPC, Rato Studies, etc) and Foreign Markets. Nomenclature: Intermediate Trend (IT): 3 or more Months; Short Term (ST) generally 3 days to 3 weeks.

Version 2 has some added charts and has been restructured to make it easier to navigate to only those studies of interest. The series from 000 to 400 are relationship studies and 500 to 700 are candlestick charts of major indexes and ETF's. 000 - Commentary & Macro view; 100 - Commodities; 200 - Currencies; 300 - Bonds; 400 - Stocks; 500 - Candle Charts for Commodities, Currencies and Bonds; 600 - Domestic Stock Indexes; 700 - Foreign Stock ETFs.

How I use it: I review the entire series before the open and after the close. Once acquainted with the relationships in play I keep an eye on the candle components using the summary view during the trading day.

The purpose of this list is to make macro level calls I may cite trades I have put on or am considering as examples. These are not recommendations as that engenders a different series of charts and analysis.
I welcome all feedback, questions and recommendations. I am very open minded and enjoy the discourse as it helps me continually improve this list and my analysis.

Less

000 Commentary

5/17 (after the close) Levels to Watch next week:

1694 - Weekly R2
1678/1680 - Breakout Target; Weekly R1; Monthly R3

1666/1667 - Last Week Close; Last Week High

1650/1653 - ST Support (1650 tested 3X); Weekly PP
1639/1640 - Weekly S1; Monthly R2; 10 DMA
1633/1634 - 13 DEMA; 1634 tested 3X
1627 - Last Week Low
1613 - 20 MA; Weekly S2
1599/1601 - Weekly S3; Round Number; 34 DEMA
1581/1582 - Low from 2 weeks ago; 50 DMA
1571 - 65 DEMA
1536/1537 - Apr 2013 Low; 100 DMA
1496 - 150 DMA
1478 - 200 DMA (close 12.77% above)

010 Correlations: TNX, SPX, CRB, USD Daily

Intermarket Relationships
- US Dollar and Commodities trend in opposite directions
- Bond prices and Commodities trend in opposite directions
- Bond prices and Stocks are inversely correlated
- Bond Yields and Stocks trend in the same direction
- Stocks and Commodities are correlated
At tops, the typical rotation is Bond Yields peak first, Stocks second and commodities last. This order is less reliable at bottoms.

112 CRB, SPX Daily

131 WTIC, USD (SPX) Daily

141 GOLD, USD (GDX) Daily

150 Industrial Commodities/Gold Ratio Daily

151 COPPER, USD (SPX) Daily

202 USD, CRB (SPX) Daily

232 Risk Currencies/Yen Ratio Daily

310 SPY:TLT (SPY) Ratio Weekly

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