= 060 Daily Indicator (Trend) Review

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Lawrence Stanczak

Long Term: Bullish>2370; Intermediate Term Bullish>2395; Short Term Bullish>2405
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.

000 Commentary

5/26/2017 Levels to Be Aware of

2419 - All-Time High (5/25/17); Last Week High

2416 - Last Week Close; All-Time Closing High (5/26/17)

2407/2412 - Weekly PP; Monthly R1
2394/2400 - 10 and 20 DMA; Weekly S1; Round Number
2387 - Last Week Low
2373/2380 - 50 DMA; Weekly S2; Prior Support/Resistance
2364/2370 - Weekly S3; Monthly PP
2343/2353 - Monthly S1; 100 DMA; Low of two weeks ago
2322/2329 - Mar 2017 Low; Apr 2017 Low
2297/2301 - 150 DMA; Round Number; Monthly S2
2270/2274 - Prior Support/Resistance; Feb 2017 Low; Monthly S3
2263 - 200 DMA (close 6.8% above)
2239/2245 - 2016 Close; Jan 2017 Low
2200 - Round Number
2187 - Dec 2016 Low
2175 - 10% Below $SPX High
2100 - Round Number
2044/2055 - 2015 Close; Prior Support/Resistance
2000/2010 - Round Number; 38% Retracement of rally from Nov 2012 Low to $SPX High
1980 - Prior Support/Resistance
1900 - Round Number
1867 - 2015 Low
1881 - 50 % Retracement of Rally from Nov 2012 Low to $SPX High
1810 - 2016 Low
1800 - Round Number

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