April Quick-term and Short-term Indicant Updates

Apr 29, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 20 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Force Vectors remain in bullish domains. The bull remains inspired as long as they do not shift back into bearish domains. Force is nearing cyclical peaks so next week will be interesting.

The bull still needs more bullish Pressure from ETF-EWJ#06-Japan. As you can see, its Vector Pressure remains in bearish domains. That is pestering the stock market bull, but losing its grip on that. The question remains as valid, will Japan bring down the stock market bull? A new evolving question is, will the stock market bull lift Japan? It was solidly bullish the past two days, lending support to a “yes” to the second question. Of interest is its Force Vector behavior early next week.

Stock market bullishness continues to impress with resiliency in the face of several worry points.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are up by an average of 2.7% since their respective bull signals on Apr 1, 2011. This is annualizing at 34.6%. The Near-term Indicant is signaling bear for contrarian VIX. It is down 15.2% since the bear signal on April 1, 2011.

The Quick-term Indicant is also signaling bear of contrarian VIX. It is down 15.2% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices for an average of 29.8-weeks. They are up by an average of 22.0% since their bull signals, annualizing at 38.5%.

Short-term Market Summary

Eleven non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle. Eleven NTI Blue Bulls add bullish punch.

Force remains in bullish domains, offering bullish support. The next obstacle to overcome on behalf of the bull is for it to reside there for several days. Not desired by the stock market bull is for Force to shift sharply back to the south. So far, the stock market bull is delighted.

Indicant Volume Indicators

The NASDAQ IVI crossed into high activity domains on Mar 21, 2011. It fell back into low activity a few weeks later. It continues moving lethargically. The NYSE Indicant Volume Indicator remains in low interest domains, while mildly increasing there. Unless these configurations shift back to robust configurations, do not be surprised at overall stock market lethargy.

Apr 29, 2011-Fri-Mild volume on mild bullishness is very pleasant. That enhances probability of bull’s longevity.

Apr 28, 2011-Thu-Mild volume on mild bullishness offers little argument to prevailing bullish bias.

Apr 27, 2011-Wed-Volume was up again on bullish behavior. That lends additional support to the Near-term bullish cycle.

Apr 26, 2011-Tue-Volume was up, relative to recent levels, on bullish aggression, which supports bullish bias.

Apr 25, 2011-Mon-Low volume on mild mixed stock market behavior is an esoteric event. Bullish bias prevails since volume is not arguing.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 8.7% since their buy signals an average of 9.1-weeks ago. This annualizes at 49.6%.

The NTI is avoiding four ETF’s. They are down by an average of 6.1% since their sell signals an average of 3.9-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 28-ETF’s. They are up 28.6% since their buy signals an average of 40.3-weeks ago. This annualizes at 36.9%.

The Quick-term Indicant is avoiding three ETF’s. They are down 4.0% since the QTI sell signals 3.8-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is up 4.8% since the QTI signaled sell on Mar 14, 2011, although down 4.2% since the Near-term Indicant signaled sell on March 10, 2011. Vector Pressure remains a bit too low for a buy signal, but getting close. If Force starts vacillating in bullish domains, a buy signal will be triggered. It was solidly bullish the past two days and Force is near a max. Vacillations there will justify a buy signal, as Pressure is increasing.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 49.1%, annualizing at 78.2% since then. This ETF remains with Red Bull status and supportive of its bullishness.

ETF#11-Gold and Precious Metals is up 88.9% since the QTI signaled buy on December 11, 2008. Annualized growth is at 36.8%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $128.37 and still rising. There is no need for being patient here since your buy price approximates $80.65 versus today’s closing price of $152.37. It simply keeps moving north and with significant gusto the past two days.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 12.5% since then, annualizing at 64.4%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is up 4.5% since that sell signal. Vector Pressure is no longer in bearish domains, but Force is shifting to the south. As stated last Tue, put option opportunity is manifesting. It was down on Wed, but up the past two days. Put option opportunities remain in effect, but conservatively so.

The Quick-term Indicant signaled bear on Apr 8, 2011. It is up 3.7% since that sell signal.

The Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for ETF#31-QID. It is down 4.2% since that sell signal.

The Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for ETF#32-VXX. This ETN does not track well with VIX. The Short-term Indicant may discontinue tracking this ETN due to poor quality practices by its managers. It is down 20.4% since the sell signals.

Major ETF Events

Apr 29, 2011-Fri-None

Apr 28, 2011-Thu-None

Apr 27, 2011-Wed-Solid bullish action added traction to the near-term bull signal.

Apr 26, 2011-Tue-None

Apr 25, 2011-Mon-None

Current Strategy-Short-term Indicant- Apr 29, 2011. The stock market bull along all three cycle types remains strong. The Near-term cycle will be tested early next week with Force Vectors maxing. Their vacillations in bullish domains will inspire the stock market bull. If they return to bearish domains, the stock market bear will find some solace, but not yet dominate.

-Reverse Tangential Bearish Detection – This phenomenon will continue to be monitored, but its threat has subsided for the time being. The timing is unknown, but there is 100% confidence the major indices and ETF’s will eventually fall to those prices noted in the below link. The presidential pre-election year is the most bullish of the four years. This phenomenon reduces the risks of bearish aggression in 2011.

Click this sentence to the table, highlighting RTP’s (Reverse Tangential Projections). The values and magnitudes are expressed in the table on the website. Keep in mind there is 100% confidence in these bearish projections. The problem is not knowing when. The stock market is now in the heart and soul of bullish seasonality. The bear will have difficulty manifesting with the shifting political cycles.

Click the Short-term Indicant to see the combined table of the Near-term Indicant, Quick-term, and Short-term Indicant. The table has links to charts for each. Each chart contains all three models and there are two separate buy and sell signals for the Near-term and/or Quick-term Indicant.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/29/2011

Apr 28, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 19 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Force Vectors remain in bullish domains. The bull remains inspired as long as they do not shift back into bearish domains.

Stock market bullishness continues to impress with resiliency in the face of several worry points.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are up by an average of 2.5% since their respective bull signals on Apr 1, 2011. This is annualizing at 33.4%. The Near-term Indicant is signaling bear for contrarian VIX. It is down 16.0% since the bear signal on April 1, 2011.

The Quick-term Indicant is also signaling bear of contrarian VIX. It is down 16.0% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices for an average of 29.6-weeks. They are up by an average of 21.8% since their bull signals, annualizing at 38.3%.

Short-term Market Summary

Eleven non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle. Eleven NTI Blue Bulls add bullish punch.

Indicant Volume Indicators

Apr 28, 2011-Thu-Mild volume on mild bullishness offers little argument to prevailing bullish bias.

Apr 27, 2011-Wed-Volume was up again on bullish behavior. That lends additional support to the Near-term bullish cycle.

Apr 26, 2011-Tue-Volume was up, relative to recent levels, on bullish aggression, which supports bullish bias.

Apr 25, 2011-Mon-Low volume on mild mixed stock market behavior is an esoteric event. Bullish bias prevails since volume is not arguing.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 8.4% since their buy signals an average of 9.0-weeks ago. This annualizes at 48.4%.

The NTI is avoiding four ETF’s. They are down by an average of 6.2% since their sell signals an average of 3.7-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 28-ETF’s. They are up 28.2% since their buy signals an average of 40.1-weeks ago. This annualizes at 36.5%.

The Quick-term Indicant is avoiding three ETF’s. They are down 4.1% since the QTI sell signals 3.6-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is up 4.6% since the QTI signaled sell on Mar 14, 2011, although down 4.4% since the Near-term Indicant signaled sell on March 10, 2011. Vector Pressure remains a bit too low for a buy signal, but getting close. If Force starts vacillating in bullish domains, a buy signal will be triggered. It was solidly bullish today, but Pressure remains too low.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 46.9%, annualizing at 75.0% since then. This ETF remains with Red Bull status and supportive of its bullishness.

ETF#11-Gold and Precious Metals is up 85.8% since the QTI signaled buy on December 11, 2008. Annualized growth is at 35.6%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $128.23 and still rising. There is no need for being patient here is important since your buy price approximates $80.65 versus today’s closing price of $149.82. It simply keeps moving north and with some additional gusto today.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 10.6% since then, annualizing at 55.5%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is up 4.1% since that sell signal. Vector Pressure is no longer in bearish domains, but Force is shifting to the south. As stated last Tue, put option opportunity is manifesting. It was down on Wed, but up today. Put option opportunities remain in effect, but conservatively so.

The Quick-term Indicant signaled bear on Apr 8, 2011. It is up 3.4% since that sell signal.

The Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for ETF#31-QID. It is down 4.1% since that sell signal.

Major ETF Events

Apr 28, 2011-Thu-None

Apr 27, 2011-Wed-Solid bullish action added traction to the near-term bull signal.

Apr 26, 2011-Tue-None

Apr 25, 2011-Mon-None

Current Strategy-Short-term Indicant- Apr 28, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and remains vulnerable.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/28/2011

Apr 27, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 18 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Of interest is the NASDAQ’s recent invigorating attempt to cross above its cyclical peak from the 2003 bull leg. That cyclical daily close peaked on Oct 31, 2007. It came close to topping that peak on Feb 18, 2011, but retreated. It finally topped it today. There is strong technical evidence this is bullish. The Indicant Volume Indicator chart is where you can see this bullish event. You will have to scroll down. The Big Board still lags quite significantly, though.

Force Vectors remain in bullish domains. The bull remains inspired as long as they do not shift back into bearish domains.

Stock market bullishness continues to impress with resiliency in the face of several worry points.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are up by an average of 2.1% since their respective bull signals on Apr 1, 2011. This is annualizing at 28.8%. The Near-term Indicant is signaling bear for contrarian VIX. It is down 11.8% since the bear signal on April 1, 2011.

The Quick-term Indicant is also signaling bear of contrarian VIX. It is down 11.8% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices for an average of 29.5-weeks. They are up by an average of 21.3% since their bull signals, annualizing at 37.6%.

Short-term Market Summary

Eleven non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle.

Indicant Volume Indicators

Apr 27, 2011-Wed-Volume was up again on bullish behavior. That lends additional support to the Near-term bullish cycle.

Apr 26, 2011-Tue-Volume was up, relative to recent levels, on bullish aggression, which supports bullish bias.

Apr 25, 2011-Mon-Low volume on mild mixed stock market behavior is an esoteric event. Bullish bias prevails since volume is not arguing.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 8.1% since their buy signals an average of 8.9-weeks ago. This annualizes at 47.7%.

The NTI is avoiding four ETF’s. They are down by an average of 6.9% since their sell signals an average of 3.6-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 28-ETF’s. They are up 27.9% since their buy signals an average of 40.0-weeks ago. This annualizes at 36.2%.

The Quick-term Indicant is avoiding three ETF’s. They are down 4.9% since the QTI sell signals 3.5-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is up 1.8% since the QTI signaled sell on Mar 14, 2011, although down 6.9% since the Near-term Indicant signaled sell on March 10, 2011. Vector Pressure remains a bit too low for a buy signal, but getting close. If Force starts vacillating in bullish domains, a buy signal will be triggered.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 46.9%, annualizing at 75.4% since then. This ETF remains with Red Bull status and supportive of its bullishness.

ETF#11-Gold and Precious Metals is up 85.0% since the QTI signaled buy on December 11, 2008. Annualized growth is at 35.3%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $128.10 and still rising. There is no need for being patient here is important since your buy price approximates $80.65 versus today’s closing price of $149.20. It simply keeps moving north and with some additional gusto today.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 10.2% since then, annualizing at 53.9%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is up 3.3% since that sell signal. Vector Pressure is no longer in bearish domains, but Force is shifting to the south. As stated yesterday, put option opportunity is manifesting. It was down today fulfilling that.

The Quick-term Indicant signaled bear on Apr 8, 2011. It is up 2.6% since that sell signal.

The Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for ETF#31-QID. It is down 4.5% since that sell signal.

Major ETF Events

Apr 27, 2011-Wed-Solid bullish action added traction to the near-term bull signal.

Apr 26, 2011-Tue-None

Apr 25, 2011-Mon-None

Current Strategy-Short-term Indicant- Apr 27, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and remains vulnerable. The NASDAQ finally attained daily cyclical highs.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/27/2011

Apr 26, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 17 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Of interest is the NASDAQ’s recent invigorating attempt to cross above its cyclical peak from the 2003 bull leg. That cyclical daily close peaked on Oct 31, 2007. It came close to topping that peak on Feb 18, 2011, but retreated. It is again attempting to mount that peak again. Some refer to this as resistance. Continued failure at mounting resistance sometimes induces a depressing effect on the stock market bull. Some technicians suggest a breakout will occur if it crosses above that peak. The Indicant Volume Indicator chart is where this can be monitored. You will have to scroll down.

The NASDAQ is within 12-points of a potential breakout. This is an very interesting phenomenon the stock market engages in from time to time.

Configurations supporting the Near-term bull cycle are weakening, but remain bullish nonetheless. Pressure remains in bullish domains offering mild support of that bull cycle.

Force Vectors remain in bullish domains. The bull remains inspired as long as they do not shift back into bearish domains.

The bull/bear battle is not over, though. Force Vectors need to remain in bullish domains.

The bull still needs more bullish Pressure from ETF-EWJ#06-Japan. As you can see, its Vector Pressure remains in bearish domains. That is pestering the stock market bull. The question remains as valid, will Japan bring down the stock market bull?

Stock market bullishness continues to impress with resiliency in the face of several worry points.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are up by an average of 1.3% since their respective bull signals on Apr 1, 2011. This is annualizing at 19.1%. The Near-term Indicant is signaling bear for contrarian VIX. It is down 10.2% since the bear signal on April 1, 2011.

The Quick-term Indicant is also signaling bear of contrarian VIX. It is down 10.2% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices for an average of 29.3-weeks. They are up by an average of 20.4% since their bull signals, annualizing at 36.2%.

Short-term Market Summary

Eleven non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle.

Indicant Volume Indicators

Apr 26, 2011-Tue-Volume was up, relative to recent levels, on bullish aggression, which supports bullish bias.

Apr 25, 2011-Mon-Low volume on mild mixed stock market behavior is an esoteric event. Bullish bias prevails since volume is not arguing.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 7.4% since their buy signals an average of 8.7-weeks ago. This annualizes at 44.2%.

The NTI is avoiding four ETF’s. They are down by an average of 6.0% since their sell signals an average of 3.4-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 28-ETF’s. They are up 27.0% since their buy signals an average of 39.8-weeks ago. This annualizes at 35.2%.

The Quick-term Indicant is avoiding three ETF’s. They are down 4.0% since the QTI sell signals 3.4-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is up 1.7% since the QTI signaled sell on Mar 14, 2011, although down 7.0% since the Near-term Indicant signaled sell on March 10, 2011. Vector Pressure remains a bit too low for a buy signal, but getting close. If Force starts vacillating in bullish domains, a buy signal will be triggered.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 47.0%, annualizing at 75.8% since then. This ETF remains with Red Bull status and supportive of its bullishness.

ETF#11-Gold and Precious Metals is up 81.5% since the QTI signaled buy on December 11, 2008. Annualized growth is at 33.9%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $127.96 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $146.38. It simply keeps moving north, although down a bit today.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 8.1% since then, annualizing at 43.5%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is up 3.7% since that sell signal. Vector Pressure is no longer in bearish domains, but Force is shifting to the south. A put option opportunity is manifesting.

The Quick-term Indicant signaled bear on Apr 8, 2011. It is up 3.7% since that sell signal.

The Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for ETF#31-QID. It is down 3.2% since that sell signal.

Major ETF Events

Apr 26, 2011-Tue-None

Apr 25, 2011-Mon-None

Current Strategy-Short-term Indicant- Apr 26, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and remains vulnerable. The NASDAQ is again challenging cyclical highs. It has been having difficulty topping that. It is within 12-points of doing so.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/26/2011

Apr 25, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 16 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Of interest is the NASDAQ’s recent invigorating attempt to cross above its cyclical peak from the 2003 bull leg. That cyclical daily close peaked on Oct 31, 2007. It came close to topping that peak on Feb 18, 2011, but retreated. It is again attempting to mount that peak again. Some refer to this as resistance. Continued failure at mounting resistance sometimes induces a depressing effect on the stock market bull. Some technicians suggest a breakout will occur if it crosses that peak. The Indicant Volume Indicator chart is where this can be monitored. You will have to scroll down.

Configurations supporting the Near-term bull cycle are weakening, but remain bullish nonetheless. Pressure remains in bullish domains offering mild support of that bull cycle.

Force Vectors remain in bullish domains. The bull remains inspired as long as they do not shift back into bearish domains.

The bull/bear battle is not over, though. Force Vectors need to remain in bullish domains.

The bull still needs more Pressure from ETF-EWJ#06-Japan. As you can see, its Vector Pressure remains in bearish domains. That is pestering the stock market bull. The question remains as valid, “will Japan” bring down the stock market bull?

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are up by an average of 0.3% since their respective bull signals on Apr 1, 2011. The Near-term Indicant is signaling bear for contrarian VIX. It is down 9.7% since the bear signal on April 1, 2011.

The Quick-term Indicant is also signaling bear of contrarian VIX. It is down 9.7% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices for an average of 29.2-weeks. They are up by an average of 19.2% since their bull signals, annualizing at 34.2%.

Short-term Market Summary

Eleven non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle.

Indicant Volume Indicators

Apr 25, 2011-Mon-Low volume on mild mixed stock market behavior is an esoteric event. Bullish bias prevails since volume is not arguing.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 6.5% since their buy signals an average of 8.6-weeks ago. This annualizes at 39.4%.

The NTI is avoiding four ETF’s. They are down by an average of 5.5% since their sell signals an average of 3.3-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 28-ETF’s. They are up 25.9% since their buy signals an average of 39.7-weeks ago. This annualizes at 34.0%.

The Quick-term Indicant is avoiding three ETF’s. They are down 3.6% since the QTI sell signals 3.2-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is up 1.6% since the QTI signaled sell on Mar 14, 2011, although down 7.1% since the Near-term Indicant signaled sell on March 10, 2011. Vector Pressure remains a bit too low for a buy signal, but getting close.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 45.5%, annualizing at 73.8% since then. This ETF remains with Red Bull status and supportive of its bullishness.

ETF#11-Gold and Precious Metals is up 82.1% since the QTI signaled buy on December 11, 2008. Annualized growth is at 34.2%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $127.83 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $146.87. It simply keeps moving north.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 8.5% since then, annualizing at 46.2%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is up 3.4% since that sell signal. Vector Pressure is no longer in bearish domains, but Force is shifting to the south.

The Quick-term Indicant signaled bear on Apr 8, 2011. It is up 2.7% since that sell signal.

The Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for ETF#31-QID. It is down 2.0% since that sell signal.

Major ETF Events

Apr 25, 2011-Mon-None

Current Strategy-Short-term Indicant- Apr 25, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and remains vulnerable. The NASDAQ is again challenging cyclical highs. It has been having difficulty topping that.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/25/2011

Apr 21, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 15 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Configurations supporting the Near-term bull cycle are weakening, but remain bullish nonetheless. Pressure remains in bullish domains offering mild support of that bull cycle.

Force Vectors shifted back into bullish domains. The bull remains inspired.

The bull/bear battle is not over, though. Force Vectors need to remain in bullish domains.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Quick-term Indicant is also signaling bear of contrarian VIX. It is down 15.6% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices for an average of 28.5-weeks. They are up by an average of 19.3% since their bull signals, annualizing at 35.0%.

Short-term Market Summary

Eleven non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle.

Force returned to bullish domains, offering significant bullish support. The next obstacle is for it to reside there for several days.

Indicant Volume Indicators

Apr 21, 2011-Thu-Mild volume on mild bullishness is a nice follow-on to yesterday’s bullish aggression by the stock market and volume. Those desiring dynamic bullishness, though, would have preferred more volume.

Apr 20, 2011-Wed-Hmmm! Volume was a bit aggressive on bullish aggression.

Apr 19, 2011-Tue-Low volume on mild bullishness continues suggesting minimal dynamic shifts, even though bearish attributes are increasing pestering capacity.

Apr 18, 2011-Mon-Low volume should not give the bear a vote of confidence on the bear’s successful battle. The markets were bearishly aggressive but with below average volume.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 6.7% since their buy signals an average of 8.0-weeks ago. This annualizes at 43.6%.

The NTI is avoiding four ETF’s. They are down by an average of 5.0% since their sell signals an average of 2.7-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 28-ETF’s. They are up 26.2% since their buy signals an average of 39.1-weeks ago. This annualizes at 34.8%.

The Quick-term Indicant is avoiding three ETF’s. They are down 3.0% since the QTI sell signals 2.6-weeks ago.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 46.3%, annualizing at 76.4% since then. This ETF remains with Red Bull status, mitigating sustainable bearish threats. The “energy bear” cannot find sustainable forces with current bullish attributes. As stated on Thursday before the last, “call options are appealing on any weakness. It opened down last Friday, Apr 15 and then propelled to the north. That was a perfect situation for an early AM call option. It was solidly bearish last Monday, offering more call option opportunities.” It was solidly bullish for the remainder of the week generating triple digit gains on those call options.

ETF#11-Gold and Precious Metals is up 81.9% since the QTI signaled buy on December 11, 2008. Annualized growth is at 34.3%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $127.1 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $146.4. It simply keeps moving north.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 8.4% since then, annualizing at 48.6%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is up 3.0% since that sell signal. It was bearish the past two trading days, following solid bullishness in the three prior days. Its Vector Pressure remains in bearish domains. Fluttering and/or resistance to bearish behavior is common around the QTI Bearish Yellow Curve. This ETF will commit in the next few days.

The Quick-term Indicant signaled bear on Apr 8, 2011. It is up 2.3% since that sell signal. Its recent non-contrarian behavior suggests a bearish response is due, which occurred the past two days, although mildly.

The Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for ETF#31-QID. It is down 1.5% since that sell signal.

Major ETF Events

Apr 21, 2011-Thu-Force now back in bullish domains. If they remain there for several days, the bull-bear battle is over along the near-term cycle.

Apr 20, 2011-Wed-Bullish aggression coincided with Force shifting back in favor of the bull.

Apr 19, 2011-Tue-Force Vectors are again shifting back to the north. That is non-bearish. They need to cross back into bullish domains to inspire the bull’s aggression.

Apr 18, 2011-Mon-Bearish aggression was attributable to Standard and Poor’s downgraded of the U.S. debt to negative. Politicians will most likely interpret that as “political” which could invigorate the bear.

Current Strategy-Short-term Indicant- Apr 21, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and remains vulnerable even with strong bullish late this past week.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/21/2011

Apr 20, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 14 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

Configurations supporting the Near-term bull cycle are weakening, but remain bullish nonetheless. Pressure remains in bullish domains offering mild support of that bull cycle.

Force Vectors shifted back to the north for the most part yesterday. That did inspire the bull. The bull/bear battle is not over, though. However, the bull gained a significant advantage. The bull needs for Force to climb into bullish domains and stay there for several days.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are down by an average of 0.2% since their respective bull signals on Apr 1, 2011. The Near-term Indicant is signaling bear for the VIX. It is down 13.4% since the bear signal on April 1, 2011.

The Quick-term Indicant is signaling bear of contrarian VIX. It is down 13.4% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices. They are up by an average of 18.6% since their bull signals an average of 28.5-weeks ago, annualizing at 34.0%.

Short-term Market Summary

Eleven non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle. Today’s bullish aggression attacked prior fluttering behavior.

Expected meandering behavior may be replaced with bearish aggression if Force does not return to bullish domains in the next few days. Force Vector cycle was disappointing with bearish domain fluttering, but turned north yesterday and accelerated more bullishly today. That should invigorate the near-term bull. The bull/bear battle is not over, though. The bull needs Force in bullish domains.

Indicant Volume Indicators

Apr 20, 2011-Wed-Hmmm! Volume was a bit aggressive on bullish aggression.

Apr 19, 2011-Tue-Low volume on mild bullishness continues suggesting minimal dynamic shifts, even though bearish attributes are increasing pestering capacity.

Apr 18, 2011-Mon-Low volume should not give the bear a vote of confidence on the bear’s successful battle. The markets were bearishly aggressive but with below average volume.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated one buy signal and one sell signal.

The Near-term Indicant is signaling hold for 27-ETF’s. They are up by an average of 6.3% since their buy signals an average of 8.1-weeks ago. This annualizes at 40.5%.

The NTI is avoiding three ETF’s. They are down by an average of 5.4% since their sell signals an average of 3.4-weeks ago.

The Quick-term Indicant generated no buy signals and one sell signal.

The Quick-term Indicant is signaling hold for 28-ETF’s. They are up 25.5% since their buy signals an average of 34.0-weeks ago. This annualizes at 34.0%.

The Quick-term Indicant is avoiding three ETF’s. They are down 2.7% since the QTI sell signals 3.3-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is up 1.3% since the QTI signaled sell on Mar 14, 2011, although down 7.4% since the Near-term Indicant signaled sell on March 10, 2011. Vector Pressure remains a bit too low for a buy signal, but getting close.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 45.6%, annualizing at 75.7% since then. This ETF remains with Red Bull status, mitigating sustainable bearish threats. The “energy bear” cannot find sustainable forces with current bullish attributes. As stated this past Thursday, call options are appealing on any weakness. It opened down last Friday and then propelled to the north. That was a perfect situation for an early Friday AM call option. It was solidly bearish on Monday, offering more call option opportunities. It was solidly bullish yesterday and today.

ETF#11-Gold and Precious Metals is up 81.6% since the QTI signaled buy on December 11, 2008. Annualized growth is at 34.2%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $127.59 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $146.50. It simply keeps moving north.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 8.2% since then, annualizing at 48.3%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is up 3.1% since that sell signal. It was bearish today, following solid bullishness in the three prior days. Its Vector Pressure remains in bearish domains. Fluttering and/or resistance to bearish behavior is common around the QTI Bearish Yellow Curve.

The Quick-term Indicant signaled bear on Apr 8, 2011. It is up 2.4% since that sell signal. Its recent non-contrarian behavior suggests a bearish response is due, which occurred today.

The Near-term Indicant and Quick-term Indicant signaled sell today for ETF#31-QID. Its Force Vector shifted south today.

Major ETF Events

Apr 20, 2011-Wed-Bullish aggression coincided with Force shifting back in favor of the bull.

Apr 19, 2011-Tue-Force Vectors are again shifting back to the north. That is non-bearish. They need to cross back into bullish domains to inspire the bull’s aggression.

Current Strategy-Short-term Indicant- Apr 20, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and vulnerable even with strong bullish behavior today.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/20/2011

Apr 19, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 13 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Configurations supporting the Near-term bull cycle are weakening, but remain bullish nonetheless. Pressure remains in bullish domains offering mild support of that bull cycle.

Force Vectors shifted back to the north for the most part today. They remain in bearish domains, but they should continue moving north. Their behavior over the next few days will offer additional insight to the stock market’s desired directional intensity. If they have trouble crossing into bullish domains, the near-term cycle will be biased in favor of the bear.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are down by an average of 1.7% since their respective bull signals on Apr 1, 2011. The Near-term Indicant is signaling bear for the VIX. It is down 9.0% since the bear signal on April 1, 2011.

The Quick-term Indicant is signaling bear of contrarian VIX. It is down 9.0% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices. They are up by an average of 16.9% since their bull signals an average of 28.3-weeks ago, annualizing at 30.9%.

Short-term Market Summary

Nine non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle. Three were lost yesterday, but two regained today with significant fluttering around QTI bullish red. The weakest, Utilities, renewed its Red Bull status last Friday and lost it again yesterday and retaining that lost today. The strongest, NAS100, lost its Red Bull status last Friday and retained that disappointing result yesterday while regaining today. This flip-flopping (or fluttering) reflects a leaderless configuration.

Expected meandering behavior may be replaced with bearish aggression if Force does not return to bullish domains in the next few days. Force Vector cycle was disappointing with bearish domain fluttering, but turned north today. That should invigorate the near-term bull. If that disappoints on the immediate horizon, the NTI bull is in trouble.

Overall, short-term attributes are challenging the NTI bull signal. If Force dives deeper into bearish domains, a Near-term cycle bear signal will be triggered.

Indicant Volume Indicators

Apr 19, 2011-Tue-Low volume on mild bullishness continues suggesting minimal dynamic shifts, even though bearish attributes are increasing pestering capacity.

Apr 18, 2011-Mon-Low volume should not give the bear a vote of confidence on the bear’s successful battle. The markets were bearishly aggressive but with below average volume.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 4.4% since their buy signals an average of 7.9-weeks ago. This annualizes at 28.7%.

The NTI is avoiding four ETF’s. They are down by an average of 1.7% since their sell signals an average of 3.2-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up 22.6% since their buy signals an average of 37.7-weeks ago. This annualizes at 31.2%.

The Quick-term Indicant is avoiding three ETF’s. They are down 1.7% since the QTI sell signals 3.2-weeks ago.

The Near-term Indicant continues to avoid ETF’s that retain negative Vector Pressure or declining Force Vectors.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 42.3%, annualizing at 70.4% since then. This ETF remains with Red Bull status, mitigating sustainable bearish threats. The “energy bear” cannot find sustainable forces with current bullish attributes. As stated this past Thursday, call options are appealing on any weakness. It opened down last Friday and then propelled to the north. That was a perfect situation for an early Friday AM call option. It was solidly bearish yesterday, offering more call option opportunities. It was solidly bullish today.

ETF#11-Gold and Precious Metals is up 80.9% since the QTI signaled buy on December 11, 2008. Annualized growth is at 33.9%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $127.47 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $145.93. It was flat today.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 7.8% since then, annualizing at 46.6%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is up 3.8% since that sell signal. It has been solidly bullish the past three days. Its Vector Pressure remains in bearish domains. Fluttering and/or resistance to bearish behavior is common around the QTI Bearish Yellow Curve.

The Quick-term Indicant signaled bear on Apr 8, 2011. It is up 3.0% since that sell signal. Its recent non-contrarian behavior suggests a bearish response is due.

The Near-term Indicant and Quick-term Indicant signaled buy on Mar 10, 2011 for ETF#31-QID. It is down 2.6% since the Mar 10, 2011 buy signal. Its Force continues moving north, displaying a bit of tenacity. Preventing a sell signal is the increasing Force Vector. It is in bullish domains, which offers some bullish potential. Its Force Vector cycle is mature and showing signs of fatigue.

Major ETF Events

Apr 19, 2011-Tue-Force Vectors are again shifting back to the north. That is non-bearish. They need to cross back into bullish domains to inspire the bull’s aggression.

Current Strategy-Short-term Indicant- Apr 19, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and vulnerable. Too many attributes do not yet support bearish ambition in spite of recent bearish aggression. Some stock market elements are hedging with expectations of inflation, which could invigorate the stock market bear. However, technical configurations are not yet supportive of bearish behavior.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/19/2011

Apr 18, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 12 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Configurations supporting the Near-term bull cycle are weakening. Pressure remains in bullish domains offering mild support of that bull cycle.

The downgrading of U.S. debt offers a new element of consideration. That has never happened before. Politicians will most likely interpret it as a “political” move, which is the only interpretation contained in their three pound brains. Politicians will continue with vote getting behavior, as opposed to doing what is right. That, fundamentally, is bearish but technical support of that remains elusive.

The BRICS are plotting to abandon the U.S. dollar, which is hardly justification for stock market bearishness. However, that coupled with the down grading of U.S. debt instruments, adds bearish inspiration.

The U.S. infrastructure is in rapid decay and rebuilding will require value adding members of society. The problem confronting the U.S. is that capitalists will not work for free in spite of socialistic desires for them do so.

The bull and bear are battling along the near-term cycle. Several Force Vectors fell into bearish domains last Tuesday, challenging hold/bull signals. Their bearish cycles are mature. If they dive deeper in bearish domains, the Near-term cycle would be under the bear’s influence.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are down by an average of 2.1% since their respective bull signals on Apr 1, 2011. The Near-term Indicant is signaling bear for the VIX. It is down 2.3% since the bear signal on April 1, 2011.

The Quick-term Indicant is signaling bear of contrarian VIX. It is down 2.3% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices. They are up by an average of 16.3% since their bull signals an average of 28.2-weeks ago, annualizing at 30.1%.

Short-term Market Summary

Seven non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle. Three were lost today. The weakest, Utilities, renewed its Red Bull status last Friday and lost it again today. The strongest, NAS100, lost its Red Bull status last Friday and retained that disappointing result today. That flip-flopping reflects a leaderless configuration.

Expected meandering behavior may be replaced with bearish aggression if Force does not return to bullish domains in the next few days. Force Vector cycle is disappointing. It is beginning to waiver in bearish domains. That is threatening the bull signal.

Overall, short-term attributes are challenging the NTI bull signal. If Force dives deeper into bearish domains, a Near-term cycle bear signal will be triggered.

Indicant Volume Indicators

Apr 18, 2011-Mon-Low volume should not give the bear a vote of confidence on the bear’s successful battle. The markets were bearishly aggressive but with below average volume.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 4.0% since their buy signals an average of 7.8-weeks ago. This annualizes at 26.4%.

The NTI is avoiding four ETF’s. They are down by an average of 2.3% since their sell signals an average of 3.8-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up 22.1% since their buy signals an average of 37.5-weeks ago. This annualizes at 30.6%.

The Quick-term Indicant is avoiding three ETF’s. They are down 0.4% since the QTI sell signals 3.0-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is down 0.5% since the QTI signaled sell on Mar 14, 2011, although down 9.0% since the Near-term Indicant signaled sell on March 10, 2011. Although there were no bullish attributes for this ETF, it was up last Tuesday, Wednesday, and Thursday, but mildly bearish last Friday. Its Force Vector crossed in bullish domains today, but Pressure remains in bearish domains.

The Near-term Indicant continues to avoid ETF’s that retain negative Vector Pressure or declining Force Vectors.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 40.8%, annualizing at 68.4% since then. This ETF remains with Red Bull status, mitigating sustainable bearish threats. The “energy bear” cannot find sustainable forces with current bullish attributes. Force fell below Pressure seven trading days ago, but not yet threatening in spite of last Tuesday’s and today’s bearish aggression. Force Vector appears near a cyclical bottom. As stated this past Thursday, call options are appealing on any weakness. It opened down this past Friday and then propelled to the north. That was a perfect situation for an early Friday AM call option. Unfortunately, it was solidly bearish today, offering more call option opportunities.

ETF#11-Gold and Precious Metals is up 80.9% since the QTI signaled buy on December 11, 2008. Annualized growth is at 34.0%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $127.36 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $145.93.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 7.8% since then, annualizing at 47.4%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is up 3.3% since that sell signal. It was solidly bullish this past Friday and mildly bullish today. Its Vector Pressure remains in bearish domains. Fluttering and/or resistance to bearish behavior is common around the QTI Bearish Yellow Curve.

The Quick-term Indicant signaled bear this past Wednesday since it fell below the QTI Yellow curve. It is up 2.6% since that sell signal, as it rebounded with bullish retort from that crossing.

The Near-term Indicant and Quick-term Indicant signaled buy on Mar 10, 2011 for ETF#31-QID. It is down 1.3% since the Mar 10, 2011 buy signal. Its Force continues moving north, displaying a bit of tenacity. Preventing a sell signal is the increasing Force Vector. It is in bullish domains, which offers some bullish potential.

Major ETF Events

Current Strategy-Short-term Indicant- Apr 18, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and vulnerable. Too many attributes do not yet support bearish ambition in spite of this past bearish aggression last Tuesday and today. Some stock market elements are hedging with expectations of inflation, which could invigorate the stock market bear.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/18/2011

Apr 15, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 11 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Configurations remain in support of the bull. The NTI Bull is embryonic and vulnerable, while the Quick-term bull cycle remains strong.

Three issues continue confronting the stock market bull.

ETF#06-EWJ NTI bullish blue curve collapsed on Apr 5, 2011. It also became a Yellow Bear at that time. The question is, will Japan bring down the stock market bull? So far, this fund continues moving bearishly, but not dynamically and at a favorable inequality to the devastation confronting Japan. It was mildly bullish last Tue, Wed, and Thu, escaping the gravity of the QTI bearish yellow curve. However, it was bearish this past Friday. It continues to struggle, but it has not crashed. Although sickly, its relative resilience is impressive.

ETF#09-XLK-Tech Force Vector continues declining. That is the reason for continued avoidance. Force Vector fell into bearish domains this past Tuesday, supporting bearish ambition. This bearish cycle is mature, though, and the bear, so far, has been unable to establish itself. However, its configuration remains participative in threatening elements to the Near-term bull and hold signals.

ETF#14-TLT-Long Government was a confrontational element until this past week. However, strong bullish aggression this past Friday reintroduced itself into the bull/bear battle.

NTI bullish support continues. A few examples are as follows.

Supporting the bull are ETF#10-IBB-Biotech and ETF#27-XLP-Consumer. They have not participated in recent bearish behavior.

The bull and bear are battling along the near-term cycle. Several Force Vectors fell into bearish domains this past Tuesday, challenging hold/bull signals. Their bearish cycles are mature. If they dive deeper in bearish domains, the Near-term cycle would be under the bear’s influence.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are down by an average of 0.9% since their respective bull signals on Apr 1, 2011.

The Quick-term Indicant is signaling bear of contrarian VIX. It is down 12.0% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices. They are up by an average of 17.7% since their bull signals an average of 27.8-weeks ago, annualizing at 33.2%.

Short-term Market Summary

Ten non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle. The weakest, Utilities, renewed its Red Bull status this Friday, while the strongest, NAS100, lost its Red Bull status. That flip-flopping reflects a leaderless configuration. Do not be surprised at meandering behavior along the near-term cycle.

The Dow30 and Dow Composite crossed above NTI Bullish Blue Curve this Friday, while the other major indices remain below that level. That remains non-bullish in position, while a bit encouraging the upper blue chips are NTI Blue Bulls. That, coupled with existing positive Pressure, could invigorate the bull. Threatening to the NTI bull signal is Force Vector’s descent into bearish domains. However, the Force Vector bearish cycle is mature, supporting the idea of a bullish response. Some shifted back to the north this past Friday.

Overall, short-term attributes are challenging the NTI bull signal. If Force dives deeper into bearish domains, a Near-term cycle bear signal will be triggered.

Indicant Volume Indicators

The NASDAQ IVI crossed into high activity domains on Mar 21, 2011. It fell back into low activity this past week. It continues moving lethargically. The NYSE Indicant Volume Indicator remains in low interest domains. It began moving laterally in the low interest domains several days ago. Unless these configurations shift back to robust configurations, do not be surprised at overall stock market lethargy.

Apr 15, 2011-Fri-Flat volume on flat behavior offers nothing toward any bias shift.

Apr 14, 2011-Thu-Same as yesterday.

Apr 13, 2011-Wed-Again passive volume with no bearish follow-on to yesterday’s aggression. The stock market remains non-committal to either bullish or bearish direction from a volume perspective.

Apr 12, 2011-Tue-Big board volume was a bit aggressive on bearish aggression, while the NASDAQ was passive. Although the bear was a bit aggressive today, volume indicates limited commitment to continued bearishness.

Apr 11, 2011-Mon-Mild volume on mixed to mildly bearish stock market behavior indicates little commitment to bearish or bullish intent.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 5.2% since their buy signals an average of 7.3-weeks ago. This annualizes at 36.8%.

The NTI is avoiding four ETF’s. They are down by an average of 2.6% since their sell signals an average of 3.3-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up 23.5% since their buy signals an average of 37.1-weeks ago. This annualizes at 32.9%.

The Quick-term Indicant is avoiding three ETF’s. They are down 1.0% since the QTI sell signals 2.6-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is down 0.2% since the QTI signaled sell on Mar 14, 2011, although down 8.8% since the Near-term Indicant signaled sell on March 10, 2011. Although there were no bullish attributes for this ETF, it was up last Tuesday, Wednesday, and Thursday, but mildly bearish this Friday. Its Force Vector crossed above Pressure this past Thursday, but its Pressure remains negative.

The Near-term Indicant continues to avoid ETF’s that retain negative Vector Pressure or declining Force Vectors.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 43.0%, annualizing at 73.0% since then. This ETF remains with Red Bull status, mitigating sustainable bearish threats. The “energy bear” cannot find sustainable forces with current bullish attributes. Force fell below Pressure six trading days ago, but not yet threatening in spite of last Tuesday’s bearish aggression. Force Vector appears near a cyclical bottom. As stated this past Thursday, call options are appealing on any weakness. It opened down this past Friday and then propelled to the north. That was a perfect situation for an early Friday AM call option.

ETF#11-Gold and Precious Metals is up 79.9% since the QTI signaled buy on December 11, 2008. Annualized growth is at 33.6%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $127.25 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $145.05.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 7.1% since then, annualizing at 45.8%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is up 3.1% since that sell signal. It was solidly bullish this past Friday. Its Vector Pressure remains in bearish domains. Fluttering and/or resistance to bearish behavior is common around the QTI Bearish Yellow Curve.

The Quick-term Indicant signaled bear this past Wednesday since it fell below the QTI Yellow curve. It is up 2.4% since that sell signal, as it rebounded with bullish retort from that crossing.

The Near-term Indicant and Quick-term Indicant signaled buy on Mar 10, 2011 for ETF#31-QID. It is down 2.7% since the Mar 10, 2011 buy signal. Its Force continues moving north, displaying a bit of tenacity. Preventing a sell signal is the increasing Force Vector. It is in bullish domains, which offers some bullish potential. Its Force Vector moved laterally this past Friday, suggesting its bullish threat may be tiring.

Major ETF Events

Apr 15, 2011-Fri-Energy, gold, and interest rates were up significantly today, briefly emulating a 1970’s sort of stock market.

Apr 14, 2011-Thu-ETF#06-EWJ-Japan was mildly bullish for the third consecutive day. It crossed above the QTI bearish yellow curve today. It is surprisingly strong in the face of a weakening yen.

Apr 13, 2011-Wed-ETF#06-EWJ-Japan was mildly bullish for the second consecutive day.

Apr 12, 2011-Tue-ETF#03-XLE-Energy fell by a significant 3.1% today. However, that is just cooling and reactionary selling. ETF#06-EWJ-Japan was up on stock market bearish, which was attributed to Japan’s elevating nuclear threat. Just illustrates reactionary headline news is merely for marketing purposes, as opposed to real information.

Apr 11, 2011-Mon-There were none.

Current Strategy-Short-term Indicant- Apr 15, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and vulnerable. Too many attributes do not yet support bearish ambition in spite of this past Tuesday’s bearish aggression. Some stock market elements are hedging with expectations of inflation.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/15/2011

Apr 14, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 10 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Configurations remain in support of the bull. The NTI Bull is embryonic and vulnerable, while the Quick-term bull cycle remains strong.

As stated since last week, three issues are confronting the near-term bullish cycle. TLT’s confrontation with the bull was eliminated, leaving two.

ETF#06-EWJ NTI bullish blue curve collapsed on Apr 5, 2011. It also became a Yellow Bear. The question is, will Japan bring down the stock market bull? So far, this fund continues moving bearishly, but not dynamically and at a favorable inequality to the devastation confronting Japan. It was mildly bullish the past three days and escaping the gravity of the QTI bearish yellow curve.

Supporting the bull are ETF#10-IBB-Biotech and ETF#27-XLP-Consumer. They have not participated with recent bearish behavior. Contrarian ETF#31-QID-Bear-continues with a hold signal.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are down by an average of 1.4% since their respective bull signals on Apr 1, 2011.

The Quick-term Indicant is signaling bear of contrarian VIX. It is down 6.5% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices. They are up by an average of 17.2% since their bull signals an average of 27.6-weeks ago, annualizing at 32.3%.

Short-term Market Summary

Ten non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle. The weakest, Utilities, again is longer a Red Bull (since last Wed).

None of the major indices are above the Near-term Bullish Blue Curve. That is non-bullish in position. That, coupled with existing positive Pressure, could invigorate the bull. Threatening to the NTI bull signal is Force Vector’s descent into bearish domains. However, the Force Vector bearish cycle is mature, supporting the idea of a bullish response. Rather than moving laterally, it is disappointing that Force succumbed to bearish ambition. That bearish cycle continues.

Overall, short-term attributes are challenging the NTI bull signal. If Force dives deeper into bearish domains, a Near-term cycle bear signal will be triggered.

Indicant Volume Indicators

Apr 14, 2011-Thu-Same as yesterday.

Apr 13, 2011-Wed-Again passive volume with no bearish follow-on to yesterday’s aggression. The stock market remains non-committal to either bullish or bearish direction from a volume perspective.

Apr 11, 2011-Mon-Mild volume on mixed to mildly bearish stock market behavior indicates little commitment to bearish or bullish intent.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 4.6% since their buy signals an average of 7.2-weeks ago. This annualizes at 33.2%.

The NTI is avoiding four ETF’s. They are down by an average of 2.4% since their sell signals an average of 3.2-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up 22.8% since their buy signals an average of 37.0-weeks ago. This annualizes at 32.1%.

The Quick-term Indicant is avoiding two ETF’s. They are down 0.7% since the QTI sell signals 2.5-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is down 0.1% since the QTI signaled sell on Mar 14, 2011, although down 8.6% since the Near-term Indicant signaled sell on March 10, 2011. Although there were no bullish attributes for this ETF, it was up the past three days. Its Force Vector crossed above Pressure today.

The Near-term Indicant continues to avoid ETF’s that retain negative Vector Pressure or declining Force Vectors.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 41.8%, annualizing at 71.3% since then. This ETF remains with Red Bull status, mitigating sustainable bearish threats. The “energy bear” cannot find sustainable forces with current bullish attributes. Force fell below Pressure one week ago, but not yet threatening in spite of last Tuesday’s bearish aggression. Force Vector appears near a cyclical bottom. Call options are appealing on any weakness.

ETF#11-Gold and Precious Metals is up 78.3% since the QTI signaled buy on December 11, 2008. Annualized growth is at 33.0%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $127.14 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $143.81.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 6.2% since then, annualizing at 40.6%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is a Yellow Bear. Force is moving south. Vector Pressure remains in bearish domains. If all of this does not anger the TLT bull, this ETF will be configured for yet more bearishness. It is up 1.7% since that sell signal.

The Quick-term Indicant signaled this past Wednesday since it fell below the QTI Yellow curve. It is up 1.0% since that sell signal.

The Near-term Indicant and Quick-term Indicant signaled buy on Mar 10, 2011 for ETF#31-QID. It is down 3.1% since the Mar 10, 2011 buy signal. Its Force continues moving north, displaying a bit of tenacity. Preventing a sell signal is the increasing Force Vector. It is in bullish domains, which offers some bullish potential.

Major ETF Events

Apr 14, 2011-Thu-ETF#06-EWJ-Japan was mildly bullish for the third consecutive day. It crossed above the QTI bearish yellow curve today. It is surprisingly strong in the face of a weakening yen.

Apr 13, 2011-Wed-ETF#06-EWJ-Japan was mildly bullish for the second consecutive day.

Apr 11, 2011-Mon-There were none.

Current Strategy-Short-term Indicant- Apr 14, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and vulnerable. Too many attributes do not yet support bearish ambition in spite of this past Tuesday’s bearish aggression.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/14/2011

Apr 13, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 09 ISSN 1526 6516 QT/ST

Short-term Indicant Stock Market Report - Summary

Configurations remain in support of the bull. The NTI Bull is embryonic and vulnerable, while the Quick-term bull cycle remains strong.

As stated since last week, three issues are confronting the near-term bullish cycle. TLT’s confrontation with the bull was eliminated, leaving two.

ETF#09-XLK-Tech Force Vector continues declining. That is the reason for continued avoidance. Force Vector fell into bearish domains this past Tuesday, supporting bearish ambition.

Supporting the bull are ETF#10-IBB-Biotech and ETF#27-XLP-Consumer. They have not participated with recent bearish behavior. Contrarian ETF#31-QID-Bear-continues with a hold signal.

The bull and bear are battling along the near-term cycle. Several Force Vectors fell into bearish domains this past Tuesday, challenging hold/bull signals. Their bearish cycle is mature. If they dive deeper in bearish domains, the Near-term cycle would be under the bear’s influence.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are down by an average of 1.6% since their respective bull signals on Apr 1, 2011.

The Quick-term Indicant is signaling bear of contrarian VIX. It is down 3.1% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices. They are up by an average of 17.0% since their bull signals an average of 27.5-weeks ago, annualizing at 32.1%.

Short-term Market Summary

Ten non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle. The weakest, Utilities, again is longer a Red Bull, while the NAS100 responded bullishly today to yesterday’s non Red Bull status.

Overall, short-term attributes are challenging the NTI bull signal. If Force dives deeper into bearish domains, a Near-term cycle bear signal will be triggered.

Indicant Volume Indicators

Apr 13, 2011-Wed-Again passive volume with no bearish follow-on to yesterday’s aggression. The stock market remains non-committal to either bullish or bearish direction from a volume perspective.

Apr 11, 2011-Mon-Mild volume on mixed to mildly bearish stock market behavior indicates little commitment to bearish or bullish intent.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 4.2% since their buy signals an average of 7.1-weeks ago. This annualizes at 31.1%.

The NTI is avoiding four ETF’s. They are down by an average of 2.2% since their sell signals an average of 3.0-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up 22.4% since their buy signals an average of 36.8-weeks ago. This annualizes at 31.6%.

The Quick-term Indicant is avoiding two ETF’s. They are down 0.7% since the QTI sell signals 2.3-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is down 0.8% since the QTI signaled sell on Mar 14, 2011, although down 9.3% since the Near-term Indicant signaled sell on March 10, 2011. Although there are no bullish attributes for this ETF, it was up the past two days.

The Near-term Indicant continues to avoid ETF’s that retain negative Vector Pressure or declining Force Vectors.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 40.8%, annualizing at 70.0% since then. This ETF remains with Red Bull status, mitigating sustainable bearish threats. The “energy bear” cannot find sustainable forces with current bullish attributes. Force fell below Pressure one week ago, but not yet threatening in spite of yesterday’s bearish aggression.

ETF#11-Gold and Precious Metals is up 75.9% since the QTI signaled buy on December 11, 2008. Annualized growth is at 32.0%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $127.03 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $141.90.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 4.8% since then, annualizing at 32.0%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

The Quick-term Indicant signaled this past Wednesday since it fell below the QTI Yellow curve. It is up 1.1% since that sell signal.

The Near-term Indicant and Quick-term Indicant signaled buy on Mar 10, 2011 for ETF#31-QID. It is down 3.4% since the Mar 10, 2011 buy signal. Its Force continues moving north, displaying a bit of tenacity. Preventing sell signal is the increasing Force Vector. It is in bullish domains, which offers some bullish potential.

Major ETF Events

Apr 13, 2011-Wed-ETF#06-EWJ-Japan was mildly bullish for the second consecutive day.

Apr 11, 2011-Mon-There were none.

Current Strategy-Short-term Indicant- Apr 13, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and vulnerable. Too many attributes do not yet support bearish ambition in spite of this pastTuesday’s bearish aggression.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/13/2011

Apr 12, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 08 ISSN 1526 6516 QT/ST

Short-term Indicant Stock Market Report - Summary

Configurations remain in support of the bull. The NTI Bull is embryonic and vulnerable, while the Quick-term bull cycle remains strong.

As stated since last week, three issues are confronting the near-term bullish cycle. TLT’s confrontation with the bull was eliminated, leaving two.

ETF#06-EWJ NTI bullish blue curve collapsed on Apr 5, 2011. It also became a Yellow Bear. The question is, will Japan bring down the stock market bull? So far, this fund continues moving bearishly, but not dynamically and at a favorable inequality to the devastation confronting Japan. It was mildly bullish today, contrasting to today’s stock market bearish aggression.

ETF#09-XLK-Tech Force Vector continues declining. That is the reason for continued avoidance. Force Vector fell into bearish domains today, supporting bearish ambition.

Supporting the bull are ETF#10-IBB-Biotech and ETF#27-XLP-Consumer. They have not participated with recent bearish behavior. Contrarian ETF#31-QID-Bear-continues with a hold signal.

The bull and bear are battling along the near-term cycle. Several Force Vectors fell into bearish domains today, challenging hold/bull signals. Their bearish cycle is mature. If they dive deeper in bearish domains, the Near-term cycle would be under the bear’s influence.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are down by an average of 1.8% since their respective bull signals on Apr 1, 2011.

The Quick-term Indicant is signaling bear of contrarian VIX. It is down 1.8% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices. They are up by an average of 16.8% since their bull signals an average of 27.3-weeks ago, annualizing at 31.9%.

Short-term Market Summary

Nine non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle. The weakest, Utilities, and the strongest, NAS100, are not Red Bulls. The QTI bull cycle is encountering leadership problems.

Overall, short-term attributes are challenging the NTI bull signal. If Force dives deeper into bearish domains, a Near-term cycle bear signal will be triggered.

Indicant Volume Indicators

The NASDAQ IVI crossed into high activity domains on Mar 21, 2011. It fell back into low activity today. It is now moving lethargically. The NYSE Indicant Volume Indicator remains in low interest domains. It began moving laterally in the low interest domains late last week. Unless these configurations shift back to robust configurations, do not be surprised at overall stock market lethargy.

Apr 11, 2011-Mon-Mild volume on mixed to mildly bearish stock market behavior indicates little commitment to bearish or bullish intent.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 4.1% since their buy signals an average of 6.9-weeks ago. This annualizes at 30.9%.

The NTI is avoiding four ETF’s. They are down by an average of 2.2% since their sell signals an average of 2.9-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up 22.2% since their buy signals an average of 36.7-weeks ago. This annualizes at 31.5%.

The Quick-term Indicant is avoiding two ETF’s. They are down 0.4% since the QTI sell signals 2.2-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is down 1.2% since the QTI signaled sell on Mar 14, 2011, although down 9.7% since the Near-term Indicant signaled sell on March 10, 2011. Although there are no bullish attributes for this ETF, it was up today on overall bearish aggression. Interestingly, headlines blamed stock market bearish behavior on the Japan’s elevation of nuclear severity.

The Near-term Indicant continues to avoid ETF’s that retain negative Vector Pressure or declining Force Vectors.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 40.3%, annualizing at 69.4% since then. This ETF remains with Red Bull status, mitigating sustainable bearish threats. The “energy bear” cannot find sustainable forces with current bullish attributes. Force fell below Pressure last Wednesday, but not yet threatening in spite of today’s bearish aggression.

ETF#11-Gold and Precious Metals is up 75.6% since the QTI signaled buy on December 11, 2008. Annualized growth is at 31.9%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $126.92 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $141.61.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 4.6% since then, annualizing at 31.1%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is a Yellow Bear. Force is moving south. Vector Pressure fell into bearish domains and is negative. If all of this does not anger the TLT bull, this ETF will be configured for yet more bearishness. It is up 1.2% since that sell signal.

The Quick-term Indicant signaled this past Wednesday since it fell below the QTI Yellow curve. It is up 0.4% since that sell signal.

The Near-term Indicant and Quick-term Indicant signaled buy on Mar 10, 2011 for ETF#31-QID. It is down 1.8% since the Mar 10, 2011 buy signal. Its Force is moving north, but losing momentum, but preventing sell signal with this rise. It is in bullish domains, which offers some bullish potential.

Major ETF Events

Apr 11, 2011-Mon-There were none.

Current Strategy-Short-term Indicant- Apr 12, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and vulnerable. Too many attributes do not yet support bearish ambition in spite of today’s bearish aggression.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/12/2011

Apr 11, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 07 ISSN 1526 6516 QT/ST

Short-term Indicant Stock Market Report - Summary

Configurations remain in support of the bull. The NTI Bull is embryonic and vulnerable, while the Quick-term bull cycle remains strong.

As stated since last Tuesday, three issues are confronting the near-term bullish cycle:

ETF#06-EWJ NTI bullish blue curve collapsed last Tuesday. It also became a Yellow Bear. The question is, will Japan bring down the stock market bull? So far, this fund continues moving bearishly, but not dynamically and at a favorable inequality to the devastation confronting Japan.

ETF#09-XLK-Tech Force Vector is declining. That is the reason for continued avoidance.

These two issues remain confrontational to the stock market bull.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are down by an average of 1.1% since their respective bull signals on Apr 1, 2011.

The Quick-term Indicant is signaling bear of contrarian VIX. It is down 4.7% since the bear signal on Apr 1, 2011. It was not contrarian today, as it’s bearish expression occurred with mild stock market bearishness.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices. They are up by an average of 17.6% since their bull signals an average of 27.2-weeks ago, annualizing at 33.7%.

Short-term Market Summary

Ten non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle. Utilities has held above QTI Red for six consecutive days after finding discomfort at that level two weeks ago. It succumbed again today, losing its Red Bull status.

Most of the major indices are above the Near-term Bullish Blue Curve. That is bullish.

Positive Vector Pressure and Red Bulls remain supportive of the Quick-term Bull.

Force Vectors continue moving bearishly. Fortunately, that movement is within bullish domains. Unfortunately, after moving laterally, they are succumbing, mildly, to bearish ambition.

Overall, short-term attributes are favoring the bull other than declining Force Vectors.

The NTI Green curves started rising, adding bullish support on the Near-term cycle. The only remaining threat is Force piercing Pressure. Fortunately for the stock market bull, both Force and Pressure remain in bullish domains.

Indicant Volume Indicators

Apr 11, 2011-Mon-Mild volume on mixed to mildly bearish stock market behavior indicates little commitment to bearish or bullish intent.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and no sell signals.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 5.1% since their buy signals an average of 6.8-weeks ago. This annualizes at 39.0%.

The NTI is avoiding four ETF’s. They are down by an average of 2.5% since their sell signals an average of 2.8-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up 23.3% since their buy signals an average of 36.5-weeks ago. This annualizes at 33.2%.

The Quick-term Indicant is avoiding two ETF’s. They are down 1.2% since the QTI sell signals 2.0-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is down 1.4% since the QTI signaled sell on Mar 14, 2011, although down 9.8% since the Near-term Indicant signaled sell on March 10, 2011. There are no bullish attributes for this ETF.

The other avoided ETN is contrarian VXX, which will most likely abandoned by the Indicant at some future point. It does not track well with VIX, which is what it is suppose to do. It is down 3.1% since both QTI and NTI sell signals on Apr 1, 2011.

The Near-term Indicant continues to avoid ETF’s that retain negative Vector Pressure or declining Force Vectors.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 44.7%, annualizing at 77.4% since then. This ETF remains with Red Bull status, mitigating sustainable bearish threats. The “energy bear” cannot find sustainable forces with current bullish attributes. Force fell below Pressure last Wednesday, but not yet threatening.

ETF#11-Gold and Precious Metals is up 76.9% since the QTI signaled buy on December 11, 2008. Annualized growth is at 32.5%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $126.81 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $142.64.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 5.3% since then, annualizing at 37.0%.

Near-term attributes for the next sell signal will be price below NTI Blue with negative Vector Pressure. Price is above NTI Blue and Pressure remains positive. Gold was solidly bullish the past four days.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It fell below NTI Green. It is a Yellow Bear. Force is moving south. Vector Pressure fell into bearish domains and is negative. If all of this does not anger the TLT bull, this ETF will be configured for yet more bearishness. It is up 0.1% since that sell signal.

The Quick-term Indicant signaled this past Wednesday since it fell below the QTI Yellow curve. It is down 0.6% since that sell signal.

The Near-term Indicant and Quick-term Indicant signaled buy on Mar 10, 2011 for ETF#31-QID. It is down 3.1% since the Mar 10, 2011 buy signal. Its Force is moving north, but losing momentum, but preventing sell signal with this rise.

Major ETF Events

Apr 11, 2011-Mon-There were none.

Current Strategy-Short-term Indicant- Apr 8, 2011. The inflection period has configured to have expired favoring the stock market bull, but keep in mind, this bull is young and vulnerable.

The tour is still being developed, but most of you are now familiar with the Near-term bull/bear cycles as well as the tangential protections and reverse tangential bearish detectors.

Click Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.

Other links:

Short-term Indicant for DJIA and NASDAQ

Short-term Indicant Tables for the Dow Jones Industrial Average Index

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

Near-term, Quick-term, and Short-term Indicant for Major Indices

Happy Investing,

Indicant.Net

www.indicant.net

04/11/2011

Apr 8, 2011 Indicant Daily Stock Market Report

Volume 04, Issue 06 ISSN 1526 6516 QT/ST

Short-term Indicant Stock Market Report - Summary

Configurations remain in support of the bull. The NTI Bull is embryonic and vulnerable, while the Quick-term bull cycle remains strong.

As stated since last Tuesday, three issues are confronting the near-term bullish cycle:

ETF#09-XLK-Tech Force Vector is declining. That is the reason for continued avoidance.

ETF#14-TLT-fell below QTI Bearish Yellow curve this past Tuesday. One-half of this confronting configuration expired this past Tue. The other half expired on Fri. It fell below NTI Green on Friday. Other attributes expired in their support of the Near-term hold signal.

Now there are only two issues confronting the stock market bull, as TLT’s confrontation expired on Friday.

Near-term, Quick-term, Short-term Indicant Stock Market Details

The Near-term Indicant signaled no new bulls and no new bears. Click this sentence to see table leading to the charts.

The Near-term Indicant is signaling bull of all eleven major non-contrarian indices. They are down by an average of 0.6% since their respective bull signals on Apr 1, 2011.

The Quick-term Indicant is signaling bear of contrarian VIX. It is up 2.7% since the bear signal on Apr 1, 2011.

The Quick-term Indicant has been signaling bull for the eleven major non-contrarian indices. They are up by an average of 18.1% since their bull signals an average of 26.9-weeks ago, annualizing at 35.2%.

Short-term Market Summary

Eleven non-contrarian Red Bull configurations remain supportive of the Quick-term bull cycle. Utilities has held above QTI Red for six consecutive days after finding discomfort at that level the week before last.

Most of the major indices are above the Near-term Bullish Blue Curve. That is bullish.

Positive Vector Pressure and Red Bulls remain supportive of the Quick-term Bull.

Force Vectors continue moving bearishly. Fortunately, that movement is within bullish domains. Unfortunately, after moving laterally, they are succumbing, mildly, to bearish ambition.

Overall, short-term attributes are favoring the bull other than declining Force Vectors.

The key now is for Force Vectors to hold in bullish domains and the NTI Green curve needs to start rising. The bear will remain threatening until the latter occurs. Currently, only three NTI Green curves continue falling. They are Utilities, NASDAQ, and NAS100. That is somewhat interesting as the laggard and the leaders, respectively, are the weakest. Hopefully, for the bull, the leaders (NASDAQ and NAS100) are lagging.

Indicant Volume Indicators

The NASDAQ IVI crossed into high activity domains on Mar 21, 2011. Although the NYSE Indicant Volume Indicator remains in low interest domains, it is moving robustly. There is an increasing interest in the stock market. Some could argue that the earthquake and tsunami did not throw the stock market into a nasty bearish slide, which is bullish to many. However, the NYSE IVI recent robustness correlates very well with stock market bearishness.

Apr 8, 2011- Same as yesterday. The new NTI bull cycle is not threatened with this sort of behavior.

Apr 7, 2011- Mild volume on mild bearishness supports stability.

Apr 6, 2011-Volume was more aggressive on mild bullishness, adding support to the NTI baby bull.

Apr 5, 2011-Volume was slightly below average on mild bearishness. Same as yesterday.

Apr 4, 2011-Passive volume on flat behavior is not instructive to any directional intensity.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and one sell signal.

The Near-term Indicant is signaling hold for 28-ETF’s. They are up by an average of 5.7% since their buy signals an average of 6.3-weeks ago. This annualizes at 46.6%.

The NTI is avoiding three ETF’s. They are down by an average of 2.9% since their sell signals an average of 3.1-weeks ago.

The Quick-term Indicant generated no buy signals and no sell signals.

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up 24.0% since their buy signals an average of 36.1-weeks ago. This annualizes at 34.8%.

The Quick-term Indicant is avoiding two ETF’s. They are down 0.7% since the QTI sell signal 1.6-weeks ago.

One of the avoided ETF’s is non-contrarian ETF-EWJ#06-Japan. It is down 0.7% since the QTI signaled sell on Mar 14, 2011, although down 9.2% since the Near-term Indicant signaled sell on March 10, 2011. It was mildly bullish on Friday for the first time in several days.

Technically, the Near-term Indicant is not supporting a bullish bounce for EWJ at this time. EWJ had not endured significant bearishness, obviating resilience against justified dynamic bearishness. However, its NTI Blue curve collapsed this week.

Short-term Summary: Force Vectors shifted in favor of bullish support on March 24, 2011. Although last Friday’s Near-term buy signals concur with bullish bias, the bear will remain threatening until the Near-term Indicant Green curve starts to rise.

The Near-term Indicant continues to avoid ETF’s that retain negative Vector Pressure or declining Force Vectors.

Contrarian Funds

ETF#03-Natural Resources. The Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up 47.7%, annualizing at 83.7% since then. This ETF remains with Red Bull status, mitigating sustainable bearish threats. The “energy bear” cannot find sustainable forces with current bullish attributes. Force fell below Pressure this past Wednesday, but not yet threatening.

ETF#11-Gold and Precious Metals is up 78.1% since the QTI signaled buy on December 11, 2008. Annualized growth is at 33.2%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $126.69 and still rising. Being patient here is important since your buy price approximates $80.65 versus today’s closing price of $143.66.

The Near-term Indicant signaled buy on Feb 18, 2011. It is up 6.1% since then, annualizing at 44.8%.

Click this sentence for additional charting and current forecasting of the actual price of gold.

All prior comments in this section remain in effect, but eliminated here for brevity purposes. You will be notified when and if such commentary requires adjustment.

ETF#14-TLT-Long Government received a sell signal today (Fri Apr 8) by the Near-term Indicant. It fell below NTI Green. It is a Yellow Bear. Force is moving south. Vector Pressure fell into bearish domains and is negative. If all of this does not anger the TLT bull, this ETF will be configured for yet more bearishness.

The Quick-term Indicant signaled this past Wednesday since it fell below the QTI Yellow curve. It is down 0.7% since that sell signal.

The Near-term Indicant and Quick-term Indicant signaled buy on Mar 10, 2011 for ETF#31-QID. It is down 3.7% since the Mar 10, 2011 buy signal. Its Force is moving north, but losing momentum, but preventing sell signal with this rise.