Analysis of Market Direction ... Timing is everything!

Marc Slavin

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.
07Dec17 - Updated USA ETFs (1000 to 1999)

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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 .

0415 - Oil & Gas - West Texas Crude Oil ($WTIC) 20 Year Quarterly- Rising- Neutral (0) 07Dec17

0415 - Oil & Gas - West Texas Crude Oil ($WTIC) 20 Year Quarterly

0475 - S&P 500 ($SPX) LONG TERM- Set and Forget (Well Almost) EMA(13,34) => BUY- 07Dec17

0475 - S&P 500 ($SPX) - Set and Forget (Almost) Investment Plan

14Feb17 - Buy signal in place

08Jul16 - No Buy signal yet but slowly improving picture

0480 - USA - Dow Industrial Average ($INDU) MEDIUM TERM- RSI: Up- Bull (4) 07Dec17

0480 - USA - Dow Industrial Average ($INDU) 2 Years Weekly-

0485 - Financials (XLF) MEDIUM TERM- Buy-Sell-Hold Strategy- EMA(13,34): Bullish- 07Dec17

0485 - Financial Sector (XLF) 13 Yrs Wkly- Simple Buy-Sell-Hold Strategy-

0490 - S&P 500, Mid Caps, Small Caps ==> Neutral, Transports ==> Up 07Dec17

0490 - Transports, Mid Caps, Small Caps, vs S&P 500- 30 Days 2 Hours-

07Jul17 - The Transports are diverging from the Large Caps, the Mid Caps, and the Small Caps.

14Mar17 - The Large caps (the S&P 500) are diverging from the Mid Caps, Small Caps, and the Transports.

06Jan17 - S&P 500 and Transports are diverging.

22Jul16 - Transports and Small Caps are about in line with the S&P 500.

0500 - Weekly Volatility ($VIX) MEDIUM TERM: Below Average => Prices Up- 08Dec17

0500 - Weekly Volatility Index ($VIX)- 3 Yrs Weekly-

0510 - Volatility ($VIX) INTRADAY: Down => Market Prices Up- 08Dec17

0510- Intraday Volatility Index ($VIX) 1 Month 1 Hour


Thanks very much for your continued Support!

0520 - % of NYSE Stocks > 50 Day MA- SHORT TERM- 62.93 to 59.38 Lower- 08Dec17

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.

From Michael:
Great charts! I enjoy them very much, thank you.

Thanks for your support!

0530 - % of S&P 500 Stocks > 50 Day MA- MEDIUM TERM: 78.60 to 75.60 Falling- 08Dec17

0530 - % of S&P 500 Stocks above their 50 Day Moving Average



0540 - SPX Vol. Momentum Osc. (!ITVMSPX) MEDIUM TERM: 43.29 to 60.51 Rising- 08Dec17

0540 - S&P 500 Volume Momentum Oscillator (!ITVMSPX) 3 Yrs Weekly

Note: Volume momentum swings usually persist for weeks.

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