August Quick-term and Short-term Indicant Updates

Aug 31, 2009 Indicant Daily Stock Market Report

Volume 8, Issue 21 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

Overall configurations continue suggesting the bear cannot dominate at this time. There are some minor indications of bullish fatigue. One could easily surmise the bull is wary that the Congressional recess is about to conclude with a return of the anti-capitalists to work on their nonsensical legislation.

The early warnings of the next bearish threat rests with the Near-term Bullish Blue Curve. As long as it moves north, there is nothing to fear. Even when it collapses, Force Vector position will be telling on the seriousness of any bearish threat. Right now, neither of those two attributes are near in support of the bear. ETF#13-EWH-may be the first to collapse when it occurs. This fund has been below NTI Blue Curve for several days with declining Vector Pressure. Its bullish blue curve flattened out last Wednesday. ETF#28-EWT also endured a flattening of NTI Bullish Blue last Thursday. However, until NTI Blue collapses, those threatening attributes are insignificant with respect to bullish bias.

The Near-term Bull is 25-weeks old. The average Near-term life cycles approximate 10-14-weeks. This does not mean they are always followed by a reversal cycle. Extended inflections can occur for several days or even weeks ahead of a renewed Near-term bull or bear cycle. This bull demonstrated dynamic responses to the bear’s influence in mid-July. If the bear does not demonstrate equal or greater magnitude in responses, this Near-term Bull will delay its expiration. So far, the bear has been silent to bullish expressions. Current configurations are offering very little encouragement to the bear.

Bullishness the past several weeks appeared to be emotionally-based, as the so-called improving fundamentals are not justification for the magnitude of the bull’s wrath. However, as usual, the market can move with sustainability against reasoned fundamentals. This may turn out to be a Blue Dog Bull with the help of 9-trillion dollars chasing the bull north. Cap and Trade and Healthcare Reform, if stopped, will be bullish for the stock market. Tyranny by the majority, in this case, is the correct tyranny, when desiring bullish stock markets.

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

The Near-term Indicant signaled no new bulls and no new bears.

The eleven existing bulls are up 15.4% annualizing at 64.4% since the NTI signaled bull an average of 12.4weeks ago.

The NTI is signaling bear for one major index (contrarian VIX). It is up 4.1% since the bear signal 6.9-weeks ago. VIX is expressing a bit of bullish interest right now, but until Force Vectors climb into bullish domains, the NTI will continue signaling bear for the VIX.

The Quick-term Indicant signaled no new bulls and no new bears.

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 9.6%, annualizing at 42.9%, since their bull signals an average of 11.7-weeks ago.

The lone bear, VIX, is down 27.3% since its bear signal 19.6-weeks ago.

On-going attribute watch for major indices: Biases are dated at the time of observation. The next sentence advises of conditions and indicators each day, unless they are also dated.

QTI Red Bull Status-Jul 27, 2009-Bullish bias. Eleven of 11-non-contrarian red bulls discourage bear.

QTI Yellow Bear Status-Jul 23, 2009-Non-bearish bias. There are no non-contrarian yellow bears. VIX is a yellow bear.

-NTI Blue Bull Direction-Jul 22, 2009-Bullish bias. Eleven of eleven non-contrarians are directionally bullish. Aug 31, 2009-VIX’s blue is also moving north, providing a hint of threat to the overall bull.

-NTI Green Bear Direction – Jul 30, 2009-Non-bearish bias. Eleven of eleven non-contrarian are directionally non-bearish. Aug 31, 2009-VIX green moving north, again providing a hint of bearish threat.

-STI Force Vector Position- Aug 25, 2009-Bullish bias. Aug 28, 2009-Fri-Eight of eleven non-contrarian in bullish domains. That is down by two from last Friday.

-STI Force Vector Direction – Jul 30, 2009-Bullish bias; All directionally bullish.

-Vector Pressure Position- Jul 23, 2009-Bullish bias. Eleven of eleven non-contrarian reside in bullish domains.

-Vector Pressure Direction- Jul 9, 2009-Bullish bias. Eleven of eleven non-contrarian are directionally bullish. Aug 20, 2009-VIX also moving north with minor threat to bull.

-Short-term Trend Sensitive Attributes

QTI-Bullish Red Curve-11 of 11 Non-contrarian indices in bullish trend

QTI-Bearish Yellow Curve-11 of 11 Non-contrarian indices in bullish trend

NTI-Bullish Blue Curve-11 of 11 Non-contrarian indices in bullish trend; Contrarian VIX also in bullish trend.

NTI-Bearish Green Curve-11 of 11 Non-contrarian indices in bullish trend; Contrarian VIX also in bullish trend.

STI-Vector Pressure-11 of 11 Non-contrarian indices in bullish trend; Contrarian VIX also in bullish trend.

-Near-term Directional Intensity - Jul 30, 2009-Bullish unanimity remains with all NTI Bullish Blue and Bearish Green Rising.

-Tangential Protection - None of the 11-major indices possess this attribute.

-Reverse Tangential Bearish Detection - Although the current Near-term Bull has not yet expired, the following observations still holds true. The timing is unknown, but there is 100% confidence the indices and ETF’s will fall to those prices noted in the below link. (Note: You should not worry about this or consider this until you see the indices and ETF’s fall below the various attributes, such as the bearish yellow or green curves. The market can climb to significant magnitudes before the execution of this phenomenon).

Click this sentence to the table, highlighting RTP’s (Reverse Tangential Projections). The values and magnitudes are expressed in this table on the website, as opposed to listing here. Keep in mind there is 100% confidence in these bearish projections. The problem is not knowing when, but odds still favor later this year or early next year. Much of this depends on political influences. There will be some unfavorable influences. There always is. The question is, when? As long as the aforementioned attributes are suggesting bullishness and non-bearishness, the bull will continue dominance.

Click the Short-term Indicant to see the combined table of the Near-term Indicant and Quick-term Indicant. The table has links to charts for each. There is one chart containing both the Near-term and 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. Those latter two will be explained as they evolve.

As stated for several days, the NYSE and NASDAQ Indicant Volume Indicators are no longer configuring with potential robustness. That suggests little dynamic interest in either bearish or bullish ambition. Therefore, the current bullish bias should prevail as long as other configurations are supportive. It may be more descriptive to refer to current configurations as non-bearish bias, as opposed to bullish bias.

Current Strategy-Short-term Indicant- Aug 31, 2009-Mon- The bear will remain uninvolved as long as the NTI and QTI continue expressing bullish unanimity.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 30-ETF’s. They are up by an average of 10.8%, annualizing at 57.8%, since their buy signals an average of 9.8-weeks ago. Although there were no sell signals, the NTI is avoiding one ETF; contrarian QID. It is down by 4.4% since its sell signal 5.6-weeks ago.

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

The Quick-term Indicant is signaling hold for 30-ETF’s. They are up an average of 13.6% since their buy signals an average of 13.5-weeks ago. Those with hold signals are annualizing at 52.7%. Although there were no sell signals, the lone avoided ETF, QID, is down by 43.1% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 35-trading days ago to 27-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

Vector Pressure in bullish domains is also a bear depressant. There are 23-ETF’s with this bullish and non-bearish configuration. There remains no dynamic bearish threat with sustainable duration at this time. Vector Pressure protection against the bear is deteriorating slightly, but still significantly non-bearish.

Force Vectors are configuring with normalcy. Favorable probabilities of bearish aggression have shifted from late August to mid September after Congress returns and with enough lead time to legislate continuing stupidity. If Congress behaves like communists, the bear will be aroused. Even with that, though, no sell signals will occur until prices interact with NTI green curves, which are moving north.

With current configurations, the Quick-term Bull is no where near extinction.

Click here to get a quick overview of the regular mutual funds as they stood several months ago. As you can see, many of them are down by double digit percentage points since the Mid-term Indicant signaled sell in late 2007 and in early 2008. The Mid-term Indicant is updated each weekend with a link to the member’s section. Members can click this sentence to get a more recent update. You will notice buy signals the past few weeks for the first time in several months.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

ProFunds Ultra Short mutual fund moves inversely to the QQQQ by exponential amounts. See the Mid-term Indicant for its status.

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 4.4% since that sell signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 43.1% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $36.54 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is down 1.4% since those buy signals. Force Vector is again declining, but Vector Pressure is too high for bearish aggression to manifest. It also lost Red Bull status today.

ETF#11-Gold and Precious Metals is up 15.8% since the QTI signaled buy on December 11, 2008. Annualized growth is at 21.6%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $86.60 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 4.1% since then, annualizing at 11.4%.

The gold bull has been lazy the past several weeks, but a survivor, so far. Keep your eye on the NTI Bullish Blue Curve. The first indication of gold’s vulnerability to major bear attacks will be a collapse of the bullish blue curve. Another tangential projection line is now in play. If and when it falls to NTI Green and below tangential protection, bearish interest will be elevated. It will either bounce north off of it or succumb to bearish influences. It will unlikely continue meandering like it has been once it contacts the NTI Green Curve.

Gold has been boring for a fairly long period. It is flat to mid-May prices. It will not stay that way. Once inflation or deflation kicks in, it will again become exciting to track.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. This buy signal was triggered by rule, its price moved above NTI Blue and Green and QTI Yellow with Force Vectors penetrating bullish domains. It is up 2.0% since that buy signal, annualizing at 50.8%. It will be difficult for this hold to produce profitability as long as the market is bullish. However, a small stock market bearish spurt could help it along. It was again contrarian today, as it should be, with the market moving with TLT expressing bullishness.

Major ETF Events

Aug 31, 2009-Mon-Lost two Red Bulls today, but a strong majority of Red Bulls remains positioned to intimidate the bear.

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

08/31/09

Aug 28, 2009 Indicant Daily Stock Market Report

Volume 8, Issue 20 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

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

The Near-term Indicant signaled no new bulls and no new bears.

The eleven existing bulls are up 16.6%, annualizing at 72.0%, since the NTI signaled bull an average of 12.0-weeks ago.

The NTI is signaling bear for one major index (contrarian VIX). It is down 1.4% since the bear signal 6.4-weeks ago.

The Quick-term Indicant signaled no new bulls and no new bears.

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 10.8%, annualizing at 49.8%, since their bull signals an average of 11.3-weeks ago.

The lone bear, VIX, is down 31.1% since its bear signal 19.1-weeks ago.

On-going attribute watch for major indices: Biases are dated at the time of observation. The next sentence advises of conditions and indicators each day, unless they are also dated.

QTI Red Bull Status-Jul 27, 2009-Bullish bias. Eleven of 11-non-contrarian red bulls discourage bear.

QTI Yellow Bear Status-Jul 23, 2009-Non-bearish bias. There are no non-contrarian yellow bears. VIX is a yellow bear.

-NTI Blue Bull Direction-Jul 22, 2009-Bullish bias. Eleven of eleven non-contrarians are directionally bullish.

-NTI Green Bear Direction – Jul 30, 2009-Non-bearish bias. Eleven of eleven non-contrarian are directionally non-bearish.

-STI Force Vector Position- Aug 25, 2009-Bullish bias. Aug 28, 2009-Fri-Ten of eleven non-contrarian in bullish domains. Lost one today, but trivial at this point.

-STI Force Vector Direction – Jul 30, 2009-Bullish bias; All directionally bullish.

-Vector Pressure Position- Jul 23, 2009-Bullish bias. Eleven of eleven non-contrarian reside in bullish domains.

-Vector Pressure Direction- Jul 9, 2009-Bullish bias. Eleven of eleven non-contrarian are directionally bullish. Aug 20, 2009-VIX also moving north with minor threat to bull.

Short-term Trend Sensitive Attributes

QTI-Bullish Red Curve-11 of 11 Non-contrarian indices in bullish trend

QTI-Bearish Yellow Curve-11 of 11 Non-contrarian indices in bullish trend

NTI-Bullish Blue Curve-11 of 11 Non-contrarian indices in bullish trend; Contrarian VIX also in bullish trend.

NTI-Bearish Green Curve-11 of 11 Non-contrarian indices in bullish trend; Contrarian VIX also in bullish trend.

STI-Vector Pressure-11 of 11 Non-contrarian indices in bullish trend; Contrarian VIX also in bullish trend.

-Near-term Directional Intensity - Jul 30, 2009-Bullish unanimity remains with all NTI Bullish Blue and Bearish Green Rising.

-Tangential Protection - None of the 11-major indices possess this attribute.

Current Strategy-Short-term Indicant- Aug 28, 2009-Fri-Same as yesterday. Aug 27, 2009-Thu-The bear will remain uninvolved as long as the NTI and QTI continue expressing bullish unanimity. Aug 26, 2009-Wed-Same! Aug 25, 2009-Tue-Nothing new! Aug 24, 2009-Mon-Same as last Monday. The bear cannot dominate until several conditions are met; prices below QTI bullish red curve; NTI bullish blue collapses, Force Vectors in bearish domains, Vector Pressure vacates bullish domains, and prices below NTI bearish green curve. None of these conditions are present.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 30-ETF’s. They are up by an average of 12.1%, annualizing at 67.4%, since their buy signals an average of 9.3-weeks ago. Although there were no sell signals, the NTI is avoiding one ETF; contrarian QID. It is down by 6.1% since its sell signal 5.1-weeks ago.

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

The Quick-term Indicant is signaling hold for 30-ETF’s. They are up an average of 15.0% since their buy signals an average of 13.0-weeks ago. Those with hold signals are annualizing at 59.7%. Although there were no sell signals, the lone avoided ETF, QID, is down by 44.1% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 34-trading days ago to 29-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

With current configurations, the Quick-term Bull is no where near extinction.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

ProFunds Ultra Short mutual fund moves inversely to the QQQQ by exponential amounts. See the Mid-term Indicant for its status.

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 6.1% since that sell signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 44.1% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $36.66 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 0.5% since those buy signals, annualizing at 7.2%. The declining Force Vector is no longer discerning as it has shifted back to the north. The consolidating configuration appeared to have been in favor of its bull, as mildly anticipated a few days ago. Unfortunately, these recent bullish expressions have been severely muted.

ETF#11-Gold and Precious Metals is up 16.4% since the QTI signaled buy on December 11, 2008. Annualized growth is at 22.7%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $86.54 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 4.6% since then, annualizing at 13.2%.

Commodities, including Gold, are again approaching a bearish threat. Notice how GLD is driving toward the NTI Green Curve. It will be interesting to see how it reacts to NTI green. Once contact with green is made, buying call options the next morning if gold is down should be profitable.

Gold has been boring for a fairly long period. It is flat to mid-May prices. It will not stay that way. Once inflation or deflation kicks in, it will again become exciting to track.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. By rule, its price moved above NTI Blue and Green and QTI Yellow with Force Vectors penetrating bullish domains. It is up 1.9% since that buy signal, annualizing at 61.5%. It will be difficult for this hold to produce profitability as long as the market is bullish. However, a small stock market bearish spurt could help it along. It was again contrarian today, as it should be, with the market moving with TLT expressing bullishness.

Major ETF Events

Aug 28, 2009-Fri-There were a few lost Red Bulls, but the population of them remains a strong and dominant majority.

Aug 27, 2009-Thu-ETF#28-EWT regained Red Bull status today. Its NTI Bullish Blue Curve flattened out today, joining ETF#13-EWH with a non-rising NTI Blue. This threat, however, remains mild. So far, just a money rotation. Several more Vector Pressures shifted slope back to the north, favoring continued bullish to non-bearish dominance.

Aug 26, 2009-Wed-Lost one Red Bull, ETF#28-EWT. ETF#13-EWH NTI Bullish Blue Curve flattened out today, but it has not yet collapsed. Rising Force Vectors influenced Vector Pressure to rise from only three yesterday to ten today. Overall, though, configurations remain in support of the NTI and QTI Bulls. There are just a few indications of bullish fatigue.

Aug 25, 2009-Tue-TLT was not contrarian today. Five Force Vectors crossed above their Vector Pressure, which remains high and thus with bullish support.

Aug 24, 2009-Mon-VIX Vector Pressure crawled out of bearish domains into the neutral zone. Twenty ETF Force Vectors climbed back into bullish domains today. Eighteen Force Vectors climbed above their Vector Pressure. Since all but two ETF Vector Pressures are losing pressure, it will be interesting to see if the bear has enough energy to show some response to this.

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

08/28/09

Aug 27, 2009 Indicant Daily Stock Market Report

Volume 8, Issue 19 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

The early warnings of the next bearish threat rests with the Near-term Bullish Blue Curve. As long as it moves north, there is nothing to fear. Even when it collapses, Force Vector position will be telling on the seriousness of any bearish threat. Right now, neither of those two attributes are near in support of the bear. ETF#13-EWH-may be the first to collapse when it occurs. This fund has been below NTI Blue Curve for several days with declining Vector Pressure. Its bullish blue curve flattened out yesterday. ETF#28-EWT also endured a flattening of NTI Bullish Blue today. However, until NTI Blue collapses, those threatening attributes remain irrelevant.

The Near-term Bull is 24-weeks old. The average Near-term life cycles approximate 10-14-weeks. This does not mean they are always followed by a reversal cycle. Extended inflections can occur for several days or even weeks ahead of a renewed Near-term bull or bear cycle. This bull demonstrated dynamic responses to the bear’s influence in mid-July. If the bear does not demonstrate equal or greater magnitude in responses, this Near-term Bull will delay its expiration. So far, the bear has been silent to bullish expressions. Current configurations are offering very little encouragement to the bear.

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

The Near-term Indicant signaled no new bulls and no new bears.

The eleven existing bulls are up 16.7%, annualizing at 73.4%, since the NTI signaled bull an average of 11.9-weeks ago.

The NTI is signaling bear for one major index (contrarian VIX). It is down 1.3% since the bear signal 6.3-weeks ago.

The Quick-term Indicant signaled no new bulls and no new bears.

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 10.9%, annualizing at 51.0%, since their bull signals an average of 11.1-weeks ago.

The lone bear, VIX, is down 31.1% since its bear signal 19.0-weeks ago.

On-going attribute watch for major indices: Biases are dated at the time of observation. The next sentence advises of conditions and indicators each day, unless they are also dated.

QTI Red Bull Status-Jul 27, 2009-Bullish bias. Eleven red bulls discourage bear.

QTI Yellow Bear Status-Jul 23, 2009-Non-bearish bias. There are no yellow bears.

-NTI Blue Bull Direction-Jul 22, 2009-Bullish bias. Eleven of eleven non-contrarians are directionally bullish.

-NTI Green Bear Direction – Jul 30, 2009-Non-bearish bias. Eleven of eleven non-contrarian are directionally non-bearish.

-STI Force Vector Position- Aug 25, 2009-Bullish bias. Eleven of eleven non-contrarian in bullish domains.

-STI Force Vector Direction – Jul 30, 2009-Bullish bias; All directionally bullish.

-Vector Pressure Position- Jul 23, 2009-Bullish bias. Eleven of eleven non-contrarian reside in bullish domains.

-Vector Pressure Direction- Jul 9, 2009-Bullish bias. Eleven of eleven non-contrarian are directionally bullish. Aug 20, 2009-VIX also moving north with minor threat to bull.

-Near-term Directional Intensity Unanimity-Jul 30, 2009-Bullish unanimity remains with all NTI Bullish Blue and Bearish Green Rising.

-Quick-term Direction Intensity Unanimity-Aug 10, 2009-Bullish-Eleven Red Bulls and eleven Vector Pressures in bullish domains are solidly in support of the bull.

-Short-term Direction Intensity Unanimity- Aug 27, 2009- Near-term and Quick-term continue expressing bullish unanimity.

-Tangential Protection - None of the 11-major indices possess this attribute.

Current Strategy-Short-term Indicant- Aug 27, 2009-Thu-The bear will remain uninvolved as long as the NTI and QTI continue expressing bullish unanimity. Aug 26, 2009-Wed-Same! Aug 25, 2009-Tue-Nothing new! Aug 24, 2009-Mon-Same as last Monday. The bear cannot dominate until several conditions are met; prices below QTI bullish red curve; NTI bullish blue collapses, Force Vectors in bearish domains, Vector Pressure vacates bullish domains, and prices below NTI bearish green curve.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 30-ETF’s. They are up by an average of 12.2%, annualizing at 69.1%, since their buy signals an average of 9.2-weeks ago. Although there were no sell signals, the NTI is avoiding one ETF; contrarian QID. It is down by 6.0% since its sell signal 5.0-weeks ago.

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

The Quick-term Indicant is signaling hold for 30-ETF’s. They are up an average of 15.1% since their buy signals an average of 12.9-weeks ago. Those with hold signals are annualizing at 60.8%. Although there were no sell signals, the lone avoided ETF, QID, is down by 44.1% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 33-trading days ago to 28-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

Vector Pressure in bullish domains is also a bear depressant. There are 22-ETF’s with this bullish and non-bearish configuration. There remains no dynamic bearish threat with sustainable duration at this time. The protection is deteriorating slightly, but still significantly non-bearish.

With current configurations, the Quick-term Bull is no where near extinction.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

ProFunds Ultra Short mutual fund moves inversely to the QQQQ by exponential amounts. See the Mid-term Indicant for its status.

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 6.0% since that sell signal.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 0.7% since those buy signals, annualizing at 10.7%. The declining Force Vector is no longer discerning as it has shifted back to the north. The consolidating configuration appeared to have been in favor of its bull, as mildly anticipated a few days ago. Unfortunately, these recent bullish expressions have been severely muted.

ETF#11-Gold and Precious Metals is up 15.5% since the QTI signaled buy on December 11, 2008. Annualized growth is at 21.6%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $86.49 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 3.9% since then, annualizing at 11.1%.

The gold bull has been lazy, but a survivor, so far. Keep your eye on the NTI Bullish Blue Curve. The first indication of gold’s vulnerability to major bear attacks will be a collapse of the bullish blue curve. Another tangential projection line is now in play. If and when it falls to NTI Green and below tangential protection, bearish interest will be elevated. It will either bounce north off of it or succumb to bearish influences. It will unlikely continue meandering like it has been once it contacts the NTI Green Curve.

Gold has been boring for a fairly long period. It is flat to mid-May prices. It will not stay that way. Once inflation or deflation kicks in, it will again become exciting to track.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. By rule, its price moved above NTI Blue and Green and QTI Yellow with Force Vectors penetrating bullish domains. It is up 1.4% since that buy signal, annualizing at 50.9%. It will be difficult for this hold to produce profitability as long as the market is bullish. However, a small stock market bearish spurt could help it along. It was contrarian today.

Major ETF Events

Aug 25, 2009-Tue-TLT was not contrarian today. Five Force Vectors crossed above their Vector Pressure, which remains high and thus with bullish support.

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

08/27/09

Aug 26, 2009 Indicant Daily Stock Market Report

Volume 8, Issue 18 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

The early warnings of the next bearish threat rests with the Near-term Bullish Blue Curve. As long as it moves north, there is nothing to fear. Even when it collapses, Force Vector position will be telling on the seriousness of any bearish threat. Right now, neither of those two attributes are near in support of the bear. ETF#13-EWH-may be the first to collapse when it occurs. This fund has been below NTI Blue Curve for several days with declining Vector Pressure. Its bullish blue curve flattened out today. However, until NTI Blue collapses, those threatening attributes remain irrelevant.

The Near-term Bull is 24-weeks old. The average Near-term life cycles approximate 10-14-weeks. This does not mean they are always followed by a reversal cycle. Extended inflections can occur for several days or even weeks ahead of a renewed Near-term bull or bear cycle. The bull demonstrated dynamic responses to the bear’s influence in mid-July. If the bear does not demonstrate equal or greater magnitude in responses, this Near-term Bull will delay its expiration. So far, the bear has been silent to bullish expressions. Current configurations are offering very little encouragement to the bear.

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

The Near-term Indicant signaled no new bulls and no new bears.

The eleven existing bulls are up 16.6%, annualizing at 73.5%, since the NTI signaled bull an average of 11.7-weeks ago.

The NTI is signaling bear for one major index (contrarian VIX). It is down 0.2% since the bear signal 6.1-weeks ago.

The Quick-term Indicant signaled no new bulls and no new bears.

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 10.7%, annualizing at 50.7%, since their bull signals an average of 11.0-weeks ago.

The lone bear, VIX, is down 30.3% since its bear signal 18.9-weeks ago.