Analysis of Market Direction ... Timing is everything!

Marc Slavin Author is a PRO memberHas Had Over 200 FollowersHas Been a Top Public ChartList for Over 3 Months Rank: 5 Followers: 276 Votes: 153 Years Member: 12 Last Update: 14 December 2017, 16:49 Categories: Trend Analysis
ETFs
Support / Resistance Lines

13Dec17 - Updated USA ETFs (1000 to 1999)
12Dec17 - Updated International ETFs (2000 to 2999)
11Dec17 - Updated Leveraged ETFs (3000 to 3999) and Metals, Oil and Gas, Bonds, and Innovation (4000 to 4999)
08Dec17 - Gold looks Bearish; Bodes well for market going forward.

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Road to a BUY: Bear->Less Bearish->Higher->Rising->Strong->Turning Up->Bull.

Road to a SELL: Bull->Less Bullish->Lower->Falling->Weak->Turning Down->Bear.

Always err on the side of caution.
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Table of Contents:
Chart 0000 ETF Rating Summary
Chart 0001 Market Commentary
Chart 0002 Market Strength Summary
Chart 0003 Rating Methodology
Charts 0100 to 0999 US Sectors, Indexes, and Market Strength
Charts 1000 to 1999: USA ETFs
Charts 2000 to 2999: International ETFs
Charts 3000 to 3999: Leveraged ETFs
Charts 4000 to 4999: Metals, Oil and Gas, Bonds, and Innovation

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Monthly (LONG TERM): 08Dec17 - Chart 0300: Monthly Bullish Trend Continues
Weekly (MEDIUM TERM): 08Dec17 - Chart 0305: Weekly Indicators Bullish
Daily (SHORT TERM): 08Dec17 - Chart 0000: Rating Summary as of 07Dec17: Bull/Turning Up (27), Neutral (87), and Bear/Turning Down (34)

Market Strength Charts (Charts 0500 - 0620): 08Dec17 - Chart 0002- Summary: Almost a Draw

Note: An ETFs Bull/Bear Rating is the number within the parentheses in the Chart Title .

Less

0000 - SHORT TERM Ratings: Bull/Turning Up (27), Neutral (87), Bear/Turning Down (34) on 07Dec17

0000 - SHORT TERM Buy/Sell Rating Summary

07Dec - ETF Ratings: Bull/Turning Up (27), Neutral (87), and Bear/Turning Down (34)

(1) 27 ETFs are Bullish: Bull (25) or Turning Up (2)
(2) 87 ETFs have been rated Neutral
(3) 34 ETFs are Bearish: Turning Down (10) or Bear (24)


30Nov - ETF Ratings: Bull/Turning Up (53), Neutral (72), and Bear/Turning Down (23)

(1) 53 ETFs are Bullish: Bull (39) or Turning Up (14)
(2) 72 ETFs have been rated Neutral
(3) 23 ETFs are Bearish: Turning Down (20) or Bear (3)


22Nov - ETF Ratings: Bull/Turning Up (60), Neutral (78), and Bear/Turning Down (10)

(1) 60 ETFs are Bullish: Bull (19) or Turning Up (41)
(2) 78 ETFs have been rated Neutral
(3) 10 ETFs are Bearish: Turning Down (3) or Bear (7)



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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up

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RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down

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Please Follow and Vote. Thanks very much for your Support! Email if you have a question, comment, or suggestion.

0001 - Market Commentary as of 08Dec17

0001 - Market Commentary: This Chart is used for observations and comments of general interest.

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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up

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RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down

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Please Follow and Vote. Thanks very much for your Support! Email if you have a question, comment, or suggestion.

0002 - Market Strength: Almost a Draw: 5 Bulls, 5 Neutral, 3 Bears 08Dec17

0002 - Market Strength Summary-

As of 08Dec17 - Almost a Draw

(1) 5 charts Bullish
(2) 5 charts Neutral
(3) 3 charts Bearish

As of 01Dec17 - Strongly Bullish

(1) 11 charts Bullish
(2) 0 charts Neutral
(3) 2 charts Bearish

As of 24Nov17 - Bullish

(1) 9 charts Bullish
(2) 3 charts Neutral
(3) 1 chart Bearish


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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up

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RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down

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Please Follow and Vote. Thanks very much for your Support! Email if you have a question, comment, or suggestion.

0003 - Rating Methodology: Rules I follow to rate ETFs

0003- SHORT TERM (6 Month Daily) Rating Methodology

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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up

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RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down

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Please Follow and Vote. Thanks very much for your Support! Email if you have a question, comment, or suggestion.

0100 - S&P 500 (SPY) SHORT TERM- SCTR>80 Less Bullish (4) 14Dec17

0100 - S&P 500 (SPY) 6 Mo Day-

18Aug17 - S&P 500 Daily chart illustrates the weakness of the current market.

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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up

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RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down

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0109 - S&P 500 (SPY) MEDIUM TERM- SCTR>80 RSI: Up- Bull (4) 14Dec17

0109 - S&P 500 (SPY) 2 Years Weekly

18Aug17 - 2nd straight weekly decline.

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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up

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RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down

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Please Follow and Vote. Thanks very much for your Support! Email if you have a question, comment, or suggestion.

0110 - Financials (XLF) SHORT TERM- SCTR>90 Lower- Neutral (0) 14Dec17

0110 - Financials (XLF) SHORT TERM-

18Aug17 - This Chart shows (see the numerous Red Arrows) how poorly the Financial sector has performed of late.

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0119 - Financials (XLF) MEDIUM TERM- SCTR>90 RSI: Up- Bull (4) 14Dec17

0119 - Financials (XLF) 2 Years Weekly-

0120 - Nasdaq (QQQ) SHORT TERM- SCTR>80 Turning Up (2) 14Dec17

0120 - Nasdaq (QQQ) SHORT TERM-

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Bull (4: Rising Prices)

Turning Up (2: Trend Up - Baby Bull)

============= Bullish Above =========

Neutral (0: Strong, Rising, Drifting Sideways, Weak, Falling)

============= Bearish Below =========

Turning Down (-2: Trend Down - Baby Bear)

Bear (-4: Falling Prices)

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0128 - Nasdaq (QQQ) SHORT TERM- Over 65 Day EMA: Bullish- 14Dec17

0128 - Nasdaq (QQQ) SHORT TERM- 65 Day EMA

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OK to Buy when the Elder Signal is Green and crosses above EMA 65 Day (Red Line). Not OK to Buy when Elder Signal is below the EMA 65 Day (Red Line).

Buy : When the MACD Line crosses above the MACD Signal Line & the Elder signals are Green and above EMA 65 Day (Red Line), Buy

Sell when the MACD Line crosses below the MACD Signal Line.

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RSI Green Arrow Rules:
Line rises from below 30 to above 30 => Green Arrow up
Line rises from below 50 to above 50 => Green Arrow up

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RSI Red Arrow Rules:
Line drops from above 70 to below 70 => Red Arrow Down
Line drops from above 50 to below 50 => Red Arrow down

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Thought to Remember: Markets can go Up, Down, or Sideways

Thanks very much for 'FOLLOWs' and 'VOTE's.

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