= 060 Daily Indicator (Trend) Review

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Lawrence Stanczak

Long Term: Bullish>2190; Intermediate Term Bullish>2240; Short Term Bullish>2260
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

1/20/2017 Levels to Be Aware of

2287/2300 - Weekly R2; Weekly R3; Round Number
2279/2282 - Last Week High; Weekly R1; Monthly R1; All Time Intra-Day High (1/6/17)
2277 - All Time Closing High (1/6/17)

2269/2271 - Weekly PP; 10 DMA; Last Week Close

2265 - 20 DMA
2258/2261 - Last Week Low; Weekly S1
2250 - Weekly S2
2239/2242 - 2016 Close; Weekly S3
2233/2235 - 50 DMA; Monthly PP
2200 - Round Number
2190/2192 - 100 DMA; Monthly S1
2187 - Dec 2016 Low
2175 - 150 DMA
2145/2150 - Monthly S2; 200 DMA (close 5.6% above)
2100/2102 - Round Number; Monthly S3
2100 - Round Number
2080 - Prior Support/Resistance
2044/2055 - 2015 Close; Prior Support/Resistance; 10% Below $SPX High
2000 - Round Number
1980 - Prior Support/Resistance
1925 - 38% Retracement of rally from Nov 2012 Low to $SPX High
1900 - Round Number
1867 - 2015 Low
1810/1813 - Feb and 2016 Low; 50 % Retracement of Rally from Nov 2012 Low to $SPX High
1800 - Round Number

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