ACE: View my IBD 50/ SPYDER Sector charts. More warning signs! See my charts

Mike Carlton

Three (3) new features of my Chart List are my favorite hand-picked IBD 50 Stocks, the Spyder Sector ETFs and the 13 Wonders known as the Internet of Things stocks!

The first two pages contain charts that measure perceptions of the overall markets. The main equity indexes (S&P500/ Dow Industrials/ Nasdaq) and key measures of bond markets, the TED Spread, Gold, Currencies, and special ratio charts in the special 'Ace way' that makes things clear and simple to see.

The 10 major Sector SPDR ETFs are tracked with Ace's favorite trend indicators and oscillators! If one understands the trends and cycles of these charts, then they will have a very good grasp of the major rotations of the smart money traders. These charts show up on Page 19 of my Chart List and their symbols begin with the letter 'X'.

The second new feature is a hand-picked selection of the IBD 50 stocks. I use many of my favored indicators on these DAILY charts, including the dynamic 13. 50, 100 and 200 MA lines. (IBD usually shows WEEKLY charts-- you can see DAILY here!) I show the proper bases on these charts as base theory is critical in the IBD 50 stock selection and CANSLIM systems. Of course, IBD 50 and CANSLIM are successful trading systems developed by Investor's Business Daily. These charts start on Page 10. I am not associated or affiliated with the IBD in any way and my charts are strictly my interpretations, Please visit their website to learn more at .

Finally, I have added a section known as 'the Internet of Things.' These are the 13 wonders identified by many investors as the key stocks leading the internet revolution as we enter the middle years of the 21st century. Now, track these stocks with me beginning on Page 12.

* IBD 50 and SPDR Select are trade-mark names; I claim no association with the vendors of these products. My chart interpretations are strictly one person's opinion of publicly traded stocks.

-0.029e - Marathon Patent Group, Inc. (MARA)

MARA announced in early November that they are purchasing 100% of Global Bit Ventures a tech company that mines crypto-currencies.

-0.029f - Internet of Things- NVIDIA Corp. (NVDA)

NVDA's server chips are in high demand by Crypto-currency miners. At least some of the more recent gains in the stock are being attributed to Bitcoin mania.

-0.03 a db X-Trackers Harvest CSI 300 China A-Shares Fund (ASHR)

Update on 11/23/17: The Shanghai CSI 300 suffers a 3% loss on a single day. Margin debt has increased 5 straight months to push overall margin debt to nearly a 2 year high. There is an open gap on the ASHR chart which beckons to be filled. There are a couple more open gaps with smaller ranges further back in time-- can you spot them?

-0.1 ab NYSE Composite Index ($NYA)- Fast turn signals

This chart of the New York Stock Exchange composite has shown good back-testing results in calling turns in the markets. The 3 EMA line acts as the primary signal and is supported/ confirmed by the Fast MACD (settings at 4,10,6) and the Fast ADX (7 day setting) and Fast Setting RSI.

-0.1 b aaNYSE Bullish Percent Index (EOD) ($BPNYA)

I have long used the pSAR trip signal on BPNYA as a good, simple buy or sell signal. I use this signal in conjunction with other charts, but for those who are looking for a good, simple signal for the health of stocks, this might be it! Also of note is that when a trend gets going, the 13 EMA line seems to work quite well as support in up-trends and as resistance in down-trends.

-0.1 b NYSE - Tick ($TICK) 5 minute chart (intra-day)

TICK is a market pro's tool for monitoring the under-lying strength in the US stock market. $TICK specifically measures the number of up-tick trades against down-tick trades on the NYSE. By itself, the TICK patterns can be difficult to discern due to high volatility from minute to minute during the trading day. I have developed a smoothing mechanism which helps the viewer to see any trading strength patterns more clearly. From time to time, I have to adjust the trigger trip lines due to the amount of volatility in the markets. In May 2014, I had to adjust the lines inward (closer to the center) due to the lack of volatility (this can be compared to the low readings in the CBOE VIX index).

There are actually two lines to watch on this $TICK chart which updates every 5 minutes during the trading day (though the chart is on a 15 minute delay for viewers). The two lines to watch are the purple (thin) line which is the 8 EMA line and the other thicker line is the 21 EMA line (green). The purple 8 EMA line is the FAST LINE, and this line helps the trader to tease out fast movements within the TICK. The 21 EMA line is the SLOW LINE, though that is a relative term as the SLOW LINE is still capturing the fast rhythms of the market for many traders.

When the 8 EMA line touches either of the two thin dashed lines, then this means the market is either short term over-bought or over-sold. Day traders should focus more on the thin 8 EMA line.When the thicker 21 EMA line reaches either of the two solid horizontal lines, that is more broad market based signal of overbought or oversold. Swing traders and Investors looking for the ideal entry and exit points should focus on the thicker 21 EMA line. To learn more about sophisticated (and yet easy to understand) chart tools like this one, be sure to visit where the retail trader and investor comes first!

-0.2 - Light Crude Oil - Spot Price (EOD) ($WTIC)

Weekly chart for West Texas Intermediate Oil

UPDATE: on 4/12/16 Break-through of down-trend wedge line is bullish for both oil and stocks. See daily chart for more precise positions, resistance and support lines.

UPDATE on 3/28/2016: The Weekly Chart shows WTI trying to break up through a steep down-trend line (blue-dashed), but so far, the strong resistance of that down-trend line is holding. OIL is at a crossroads--depending on how it breaks, will likely determine the direction of equities and commodities in the next few weeks. One can see that if WTI should break higher, that the next key resistance area would be $48. See the daily chart for more precise day-to-day projections.

-0.2 a NYSE Summation Index (Ratio Adjusted) (EOD) ($NYSI)

March 31, 2017 UPDATE: The Summation Index RSI signal just crossed above 30 today to signal another rally to begin within this bull market. Hard to believe, but that is what this is suggesting. Shorts should be careful not to fight this Bull too much.

August 2, 2016 UPDATE: The RSI drops below 70, a sell signal in the Ace system.

June 5, 2016 UPDATE: The NYSI RSI has begun its climb above the 30 mark--the new Bull Trend is gaining strength, just as I predicted. 'Few traders understand the tools of technical trading as well as you do, Ace.' - comments from a viewer on the Talking Stocks Forum at .

-0.2 a- Nasdaq 100 Index ($NDX)-Dynamic Buy-Sell INVESTOR Signals

This chart is designed for INVESTORS, not traders. Using the popular Nasdaq 100 Index, there are certain buy-sell signals I watch for in terms of LONGER TERM TRADES or INVESTMENTS. This Index should offer good clues as to when to be long in the market....and when to exit or go short the market.

The 13-50 moving average crossovers are one such signal--this crossover serves as the accleration signal on my Mo-celerator charts, but it is also an important buy signal for INVESTORS who don't want to chase every short term signal.

Also, I watch for the 13 day EMA line on the Chaikin Money Flow (CMF) Indicator with the CMF set at a 34 day lag on INDEX charts. I have found over time that when the 13 ema line on this graph crosses above the zero line, that this serves as confirmation of stronger, longer trend. It works especially well to the long (buy) side, and a negative crossover is often 'a final get out' signal if somehow you have not listened to earlier exit signals, which many investors do not do because they don't want to miss the next surge higher....I understand this as part of my portfolio is invested for the long term too.

Also, the Dynamic chart shows the Accumulation-Distribution (A-D) line with a 13 day EMA line...the crossovers on the 13-dma serve as an additional tandem confirmation along with CMF as to whether money is flowing into the momentum stocks of the Naz 100....or flowing out. Often, the 13 ema crossover of the A-D line will occur before action shows in the CMF, because CMF captures heavy money moves, while A-D captures the early trend setters whose cash flows are not easily detectable. The CMF then serves as a confirmation of the early trend-setters' A-D signals.

Finally, my charts always include the ADX graph, which is 'the holy grail' graph for me. For investors, the signal to watch is at least a 5-pt move of the black ADX line in the direction of the new trend...once you have a 5-pt move, the trend is considered solid and firm for investors. 7/14/12

-0.2 aa ProShares Ultra VIX Short-Term Futures ETF (UVXY)

The VIX ETN, UVXY, saw record volume on the last day of April 2016, despite only a modest move. Traders seem to be anticipating some 'bad' events approaching.

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