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- Last Update: 22 May 2018, 20:32
Support / Resistance Lines
21May18 - US Markets higher except for Biotech and Healthcare. Ratings of SHORT TERM Charts Updated: 2000 to 2999 and 4000 to 4999.
18May18 - Directional swings continue to be of short direction and weak. Remain cautious! See updated SHORT TERM Ratings (Chart 0001).
17May18 - Updated 150 Short Term (Daily) Charts.
16May18 - Down hard yesterday, Up today - Updated Ratings of SHORT TERM Charts 3000 to 3999.
Road to a BUY: Bear->Less Bearish->Higher ->Rising->Turning Up->Bull.
Road to a SELL: Bull->Less Bullish->Lower ->Falling->Turning Down->Bear.
Err on the side of caution. Live to fight another day!
Table of Contents:
Charts 0000 to 0003: Commentary, ETF Rating Summary, Market Strength, Rating Methodology
Charts 0100 to 0999 Sectors, Indexes, Long Term Strength
Charts 1000 to 1999: United States
Charts 2000 to 2999: International
Charts 3000 to 3999: Leveraged
Charts 4000 to 4999: Metals, Oil and Gas, Bonds, Innovation
18May18 Market Strength Summary (Chart 0002) of Charts 0500 to 0620. Even Split
Monthly (LONG TERM): May 2018- Chart 0300: Neutral
Weekly (MEDIUM TERM): 18May18 - Chart 0305: Less Bearish
Daily (SHORT TERM): 18May18 - Chart 0001: Ratings as of 17May18: Bull/Turning Up (44), Neutral (88), and Bear/Turning Down (18)
0405 - Metals - Gold and Silver Index ($XAU) 30 Days 60 Minutes
0420 - Oil & Gas - Brent Crude Oil ($BRENT) 10 Year Monthly
0425 - Oil & Gas - Brent Crude Oil ($BRENT) 20 Year Quarterly
0430 - Oil & Gas - Crude Oil ($WTIC) 10 Year Monthly
0435 - Oil & Gas - West Texas Crude Oil ($WTIC) 20 Year Quarterly
0500 - Weekly Volatility Index ($VIX)- 3 Yrs Weekly-
0510- Intraday Volatility Index ($VIX) 1 Month 1 Hour
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0520 - % of NYSE Stocks Above 50 Day Moving Average-
This indicator registers the percentage of NYSE Stocks that are currently above their 50 Day Moving Average.
A drop well below 40% usually marks Bottoms but it can also be a sign of a more serious market pullback. By contrast a very high reading can be a sign of a market top.
Great charts! I enjoy them very much, thank you.
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0530 - % of S&P 500 Stocks above their 50 Day Moving Average
0540 - S&P 500 Volume Momentum Oscillator (!ITVMSPX) 3 Yrs Weekly
Note: Volume momentum swings usually persist for weeks.
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