Analysis of Market Direction ... Timing is everything!

Marc Slavin

21Feb18 - Fed minutes spark fade, kill rally. Updated Charts 0100 to 0300 and USA ETFs (1000 to 1999).
20Feb18 - Recovery stalling ... Updated International ETFs (2000 to 2999), Leveraged ETFs (3000 to 3999), and Metals, Oil and Gas, Bonds, and Innovation (4000 to 4999).
16Feb18 - See Charts 0000 and 0001- Recovery appears to have some strength but I'm not convinced we are entirely out of the woods.
14Feb18 - Possible Recovery beginning. Process likely to be slow and uncertain.
13Feb18 - Market looks Less Bearish which is encouraging.

08Feb18 - The Charts are the most Bearish they have been in quite some time. In many cases support levels have been penetrated as if they don't exist.

19Jan18 - Hyperbolic: Well Over Top of 2 Year Trend Channel- See Chart 0320

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

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

Always err on the side of caution. Live to fight another day!
============================================================================

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

============================================================================

Market Strength (Charts 0500 to 0620) as of 16Feb18: Bearish to Bullish

Monthly (LONG TERM): February 2018- Chart 0300: Monthly Trend Less Bullish
Weekly (MEDIUM TERM): 16Feb18 - Chart 0305: Weekly Trend Slightly Less Bullish
Daily (SHORT TERM): 16Feb18 - Chart 0000: Rating Summary as of 15Feb18: Bull/Turning Up (78), Neutral (60), and Bear/Turning Down (12)

0129 - Nasdaq (QQQ) MEDIUM TERM- SCTR~90 Lower- Neutral (0) 21Feb18

0129 - QQQ Trust (QQQ) 2 Years Weekly-

==================================================
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

==================================================
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

==================================================

Please Follow and Vote. Thanks very much for your Support! Email if you have a question, comment, or suggestion.
Brent wrote:
'Thanks for your excellent charts.'

0130 - Russell 2K Small Caps (IWM) SHORT TERM- SCTR>60 Turning Up (2) 21Feb18

0130 - Russell 2K Small Caps (IWM) SHORT TERM-

18Aug17 - The Small Cap Sector is in a Bearish Correction.

==================================================
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

==================================================
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

==================================================

Thank you for your support . Please email if you have a request, or a question or a comment.

0137 - Russell 2K Small Caps (IWM) INTRADAY- Over CHANDLR: Bullish- 21Feb18

0137 - Russell 2000 Small Caps (IWM) 30 Days 60 Minutes- CHANDLR

Note: A break above the Chandelier Exit signals strength, while a break below the Chandelier Exit signals weakness.

0138 - Russell 2K Small Caps (IWM) INTRADAY- RSI: Up- Bull (4) 21Feb18

0138 - Russell 2000 Small Caps (IWM) 60 Days 120 Mins-

The Small Caps provide a sensitive gauge of market direction (the Canary in Coal Mine).

==================================================
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

==================================================
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

==================================================

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

From Ron: 'I love your charts. Very helpful.'

0139 - Russell 2K Small Caps (IWM) MEDIUM TERM- Lower- Neutral (0) 21Feb18

0139 - Russell 2K Small Caps (IWM) - 2 Years Weekly-

18Aug17 - 4rth straight week of falling prices.

==================================================
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

==================================================
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

==================================================

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

0140 - Energy Sector (XLE) SHORT TERM- SCTR<20 Flat- Neutral (0) 21Feb18

0140 - Energy Sector (XLE) 6 Mo Day-

18Aug17 - The Energy Sector is in a Bear Hug!

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)

Thanks for Follows and Votes. Don't hesitate to Email with questions, comments, or suggestions.

0148 - Energy (XLE) INTRADAY- Flat- Neutral (0) 21Feb18

0148 - Energy Sector (XLE) 30 Days 60 Minutes

0149 - Energy Sector (XLE) MEDIUM TERM- Falling- Neutral (0) 21Feb18

0149 - Energy Sector (XLE) 10 Years Weekly

28Dec17 - The Energy Sector is celebrating a very cold end to 2017.

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)

Thanks for Follows and Votes. Don't hesitate to Email with questions, comments, or suggestions.

0150 - Industrials (XLI) SHORT TERM- SCTR>80 Turning Up (2) 21Feb18

0150 - Industrials (XLI) 6 Months Daily

==================================================
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

==================================================
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

==================================================

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

0159 - Industrials (XLI) MEDIUM TERM- SCTR~80 Lower- Neutral (0) 21Feb18

0159 - Industrials (XLI) 2 Years Weekly

18Aug17 - The Industrial Sector has been losing ground for 5 weeks.

==================================================
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

==================================================
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

==================================================

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

This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Use for more details.