Analysis of Market Direction ... Timing is everything!

Marc Slavin

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. Updated Sector Charts 0100 to 0500 and Leveraged ETFs (3000 to 3999)
13Feb18 - Market looks Less Bearish which is encouraging. Updated USA ETFs (1000 to 1999)
12Feb18 - Updated International ETFs (2000 to 2999) and Metals, Oil and Gas, Bonds, and Innovation (4000 to 4999)
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: Bullish Recovery

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): 15Feb18 - Chart 0000: Rating Summary as of 15Feb18: Bull/Turning Up (78), Neutral (60), and Bear/Turning Down (12)

0360 - S&P 500 ($SPX) LONG TERM (Monthly)- Less Bullish (4) February 2018

0360 - S&P 500 Large Cap Index ($SPX) - 14 Yrs Mo

0370 - S&P 400 Mid Cap ($MID) SHORT TERM- Turning Up (2) 16Feb18

0370 - S&P 400 Mid Cap ($MID) 6 Mo Day-

From Katy:
Thanks again for your wonderful charts, analyses and scoring system.
Your bullish/bearish scoring system is the best and most valuable gift to the StockCharts user community in a long time!

Thanks very much for your support!

0375 - S&P 400 Mid Cap Index ($MID) INTRADAY- RSI: Up- Bull (4) 16Feb18

0375 - S&P 400 Mid Cap Index ($MID) - 60 Days 2 Hours-

Markets soar higher, plunge lower, but also frequently trade in a tight (flat) range.

Thanks very much for your support!

0380 - Metals - Gold and Silver Index ($XAU) SHORT TERM- Uncertain- Neutral (0) 16Feb18

0380 - Metals - Gold and Silver Index ($XAU) 6 Mo Day-

0385 - Metals - Gold and Silver Index ($XAU) INTRADAY- Falling- Neutral (0) 16Feb18

0385 - Metals - Gold and Silver Index ($XAU) 30 Days 60 Minutes

0390 - Metals - Gold Bugs Index ($HUI) SHORT TERM- Uncertain- Neutral (0) 16Feb18

0390 - Metals - Gold Bugs Index ($HUI) 6 Mo Day

0395 - Metals - Gold Bugs Index ($HUI) INTRADAY- Falling- Neutral (0) 16Feb18

0395 - Metals - Gold Bugs Index ($HUI) 30 Days 60 Minutes

0400 - Oil & Gas - Brent Crude Oil ($BRENT) 10 Year Monthly- Turning Up (2) February 2018

0400 - Oil & Gas - Brent Crude Oil ($BRENT) 10 Year Monthly

0405 - Oil & Gas - Brent Crude Oil ($BRENT) 20 Year Quarterly- Turning Up (2) February 2018

0405 - Oil & Gas - Brent Crude Oil ($BRENT) 20 Year Quarterly

0410 - Oil & Gas - West Texas Crude Oil ($WTIC) 10 Year Monthly- Turning Up (2) February 2018

0410 - Oil & Gas - Crude Oil ($WTIC) 10 Year Monthly

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.