= 060 Daily Indicator (Trend) Review

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Larry Stanczak

Long Term: Bullish>2420; Intermediate Term Bullish>2470; Short Term Bullish>2490
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

9/22/2017 Levels to Be Aware of

2515/2521 ? Weekly R2; Weekly R3
2508/2509 - All-Time Closing High (9/20/17); All-Time High (9/20/17); Weekly R1
2503 ? Weekly R1; Monthly R1

2502 ? Last Week Close

2496/2500 ? Weekly S1; Last Week Low; 10 DMA; Round Number
2479/2490 ? 20 DMA; Weekly S3; Weekly S2
2469 ? 50 DMA
2460 ? Monthly PP
2440/2444 ? Prior Support/Resistance; 100 DMA
2429 ? Monthly S1
2417 ? Aug 17 Low; 150 DMA
2400/2408 ? Round Number; Jun 17 Low; Jul 17 Low
2380/2386 - 200 DMA (close 5.0% above); Prior Support/Resistance; Monthly S2
2353/2356 ? May 17 Low; Monthly S3
2322/2329 ? Mar 17 Low; Apr 17 Low;
2300 ? Round Number
2270/2272 ? Prior Support/Resistance; Feb 2017 Low
2239/2255 ? 2016 Close; 38% Retracement of rally from Feb 2016 Low to $SPX High ; Jan 2017 Low; 10% Below $SPX High

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