Broad Look To Various Markets

Dirk Hettrich

11/02/2018-->Failure for the Mining Sector? --> Bullish Percents are falling again and RS very weak to Gold
14/01/2018-->Improvement for the Goldmines Sector visible: Therefore, for a long time an update of the Bullish Percent concept
10/12/2017-->Updated: $USB vs. $CRB Monthly Chart middle p.4:
'Ratio support' still holding; Bonds further in long term Uptrend to Commodities or vice versa Commodities topping out relative to Bonds
15/10/2017-->Japanese Nikkei Index looks like a new relative outperformer in the relationship vs. DJ World Index (rising ratio line)
+ multi year breakout for $NIKK in the making! ( p.4 )
Could bode well for the global economy.
27/04/2012--> Re-newed chart p. 2: Dow Jones Germany Stock Index ($DEDOW) intraday. Using now the DJ Index because it updates during the trading day. The country index tracks the main country index quite well.
23/09/2009-->Added $BDI [Baltic Dry Index] into $SPX-Weekly Chart p.3 with explanation from wikipedia
03/06/2007-->NIKKEI-Index [middle of page 4] with GOLD & DowJones World-Index; Could be a proxy for inflationary tendencies and the world economic trend.Keep watching this chart.
28/01/2007--> NOTE_$NASI:QQQQ RATIO-CHART supplementary to $NDX-Daily-Chart p.2 with short explanation !
01/06/2006--> Additional chart bottom p.1: IVE [S&P 500 Value iShares] vs IJT [SmCap 600 Growth iShares] RATIO chart
29/05/2006--> SPY vs TLT Stock/Bond_ Money rotation [p.2] ; Re-newed chart plots the relative performance between SPY [S&P500 SPDR] and the TLT [20 Year Treasury Bond Fund (Leh) iShares].
04/05/2006--> NOTE:Due to the Sharpcharts2 release I?m re-organizing the list step by step & re-newed charts begin frontpage

Flip through the charts!

Deflationary/Inflationary tendencies !?
A Summary of Chart-Studies and -Comments
--> World-Markets,Intermarket-Charts & more

*000 SR T1 IVE:IJT - Weekly Line (solid), Large Cap Value/Small Cap Growth

14/05/2014-->RE: see my comment below!
01/06/2006:Value investing comeback !?
Chart above is a additional ratio-chart to my Big Cap/Small Cap ratio:IVE [S&P 500 Value iShares] pink dashed,IJT [SmCap 600 Growth iShares] blue dashedand in orange the ratio-line IVE:IJT.
Normally in agressive bullish environment Small Cap Growth stocks are very strong outperformer and Large Cap Value stocks laggards [falling ratio-line].
Since April & May there is a steady outperformance by Large Cap Value stocks [rising ratio-line].
Comeback for value investing RELATIVE to growth stocks possible -another puzzle for a turning point!

*000 ST B20 $DAX - Weekly Candlesticks, MACD-SYSTEMS

09/09/2012-->Breakout! Weekly close above the falling pink trendline - 7000 /- becomes support
16/05/2006: DAX-Chart from the low in 2003 with two different MACD-Systems.
More important are the weekly signals as the daily signals(see chart below)for the trend direction. Negative or positive divergences give early warning!

*000 ST B21 $DAX - Daily Candlesticks, MAs - Trendchart

13/09/2015--> Negative MA(50) / MA(200) Cross: So called 'Death Cross'. Watching for the outcome

*000 ST B22 $DEDOW - 60 min intraday , Relative to other European Indexes

-->Using now the DJ Index because it updates during the trading day. The country index tracks the main country index quite well.
--> Due to another great Addition of European Stocks and Indexes by Stockcharts:
There are now European stock indexes updating throughout the European trading day. I would like to prefer the German $DAX.

*000 ST B31 $DAX:$SPX - Weekly Line, MA´s - Price relative

17/01/2015-->Great week for the relative performance of $DAX--> +6,7% outperformance vs. $SPX
Chart above shows the performance between the German $DAX[pink dashed] and the $SPX/S&P500[blue dashed] as a ratio.
A rising ratio indicates, $DAX is in strong rally mode & outperforming $SPX.
[vice versa for a falling ratio]
Note: the two green dots plot the start of a relative stronger $DAX to $SPX

*000 ST F21 SP 500 SPDRs/Volatility Index - New Methodology (SPY:$VIX)

VIX[pink dashed] & the markets[blue dashed] trend often in opposite directions.
Here, the rising ratio line from the bottom in 2002 stands for the recent market rally.
Now we have a long-term trendline broken [rising VIX/falling market]
Are the markets in trouble and could we see a significant downturn?

*000 SU A10** SPY:USO - Weekly Line

07/06/2006: A weakening economy coud be highlighted by this ratio chart, imo.
SPY/SPX500 starts a slowly outperformance relative to USO/OIL.
Keep watching for a turning point, too.

USO mimics the price of $WTIC//SPY mimics SPX500

04/05/2006 : Long term, OIL is a strong outperformer to SPY/SPX500 [see indicator window below the trend chart]--> message: Follow OIL !
[See also chart above]

*000 SV A100 $NDX - Monthly Candlesticks, Survey - Price relative

New month has started with a alert here -
Monthly stochastic, MACD Hist. & PPO have turned negative and OnBalanceVolume with a new low to expand the negative divergence.
Crucial juncture & a dangerous situation for the Nasdaq100

*000 SVS A101 $NDX - Daily Candlesticks, Price relative

04/03/2012-->For a very good $NASI - Nasdaq Summation Index definition I recommend the StockCharts ChartSchool article

15.11.2010 --> Resistance 2060 /- turns into support 2060 /-

*000 SW $UST10Y - Monthly Line (solid), since 1991

Chart above shows the long term trend-chart for the 10-Year-Bond-Yields.
Easily to be seen, that the [major] downtrend in blue is not broken to the upside and a lot of resistance ahead [5,40% level +/-]
On the other side, there could be a new uptrend for the Bond-Yields in the making since the low in 2003.
Indicator windows show Stochastic overbought; MACD/PPO extended?

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