= 060 Daily Indicator (Trend) Review

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Larry Stanczak

Long Term: Bullish>2650; Intermediate Term Bullish>2730; Short Term Bullish>2750
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

1/12/2018 Levels to Be Aware of

2800/2804 ? Round Number; Monthly R3; Weekly R1
2788 ? Last Week High; All-Time High (1/12/18)

2786 ? Last Week Close; All-Time Closing High (1/12/18)

2770 ? Weekly PP
2747/2752 ? Monthly R2; Weekly S1
2735/2736 ? 10 DMA; Last Week Low
2718 ? Monthly R1
2707/2711 ? 20 DMA; Monthly R1
2700 ? Round Number; Weekly S3
2675 ? Prior Support/Resistance
2658 ? Monthly PP
2649 ? 50 DMA
2621 ? Monthly S1
2600/2606 ? Round Number; Dec 2017 Low
2581 ? 100 DMA
2569 ? Monthly S2
2557 ? Nov 2017 Low
2532/2538 ? Monthly S3; 150 DMA
2520 ? Oct 2017 Low
2510 ? 10% below $SPX High
2500 ? Round Number; 200 DMA (close 11.4% above)
2470 ? 10% below $SPX High
2447 ? Sep 17 Low
2406/2417 ? Jun 17 Low; Jul 17 Low; Aug 17 Low; 38% Retracement of rally from Feb 2016 Low to $SPX High

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