December Quick-term and Short-term Daily Updates

Dec 31, 2009 Indicant Daily Stock Market Report

Volume 12, Issue 22 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Short-term attributes remain in support of the overall stock market bull. Bullish pressure is again building. The minor threat is now mitigated. The Short-term Indicant Bull remains solid. New Year’s Eve bearish expression was without merit.

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

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

All eleven major non-contrarian indices are up by an average of 27.5%, annualizing at 47.9%, since the NTI signaled bull an average of 29.9-weeks ago. The lone bear is the VIX and it is down 7.8% since its bear signal 4.1-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 21.1%, annualizing at 37.7%, since their bull signals an average of 29.1-weeks ago.

The lone QTI bear, VIX, is down 45.7% since its bear signal 37.0-weeks ago.

The overall stock market remains configured without significant bearish threats.

Notice the VIX did not react bullishly to the stock market’s overall bearish aggression on New Year’s Eve. This suggests a bit of bearish phony behavior by a few traders on the floor.

-Short-term Trend Sensitive Attributes (Includes Near-term and Quick-term)

QTI-Red Bull Count; Unanimity with eleven supporting bullish bias.

QTI-Bullish Red Curve Trend; Bullish unanimity with 11 of 11-non-contrarian indices in bullish trend, supporting bullish bias.

QTI-Bearish Yellow Curve Trend; Non-bearish unanimity with 11 of 11-non-contrarian indices in non-bearish trend, supporting non-bearish bias.

QIT-Yellow Bear Count; None of the non-contrarian’s are inflicted with this attribute and thus without any bearish bias.

NTI-Blue Bull Count; Four, offering limited support for the NTI Bull.

NTI-Bullish Blue Curve Trend; Eleven non-contrarian in bullish trend offering unanimous bullish support.

NTI-Bearish Green Curve Trend - Non-bearish unanimity with eleven of eleven non-contrarian indices in bullish trend, supporting near-term non-bearishness.

STI-Force Vector Position – None of the non-contrarian are in bearish domains offering bear with no ambitious support.

STI-Vector Pressure Trend-A majority of eight non-contrarian moving bullishly, offering bullish support.

Short-term Summary-Overall-Most attributes remain supportive of the Short-term Bull.

-Tangential Protection – Sep 1, 2009-Mon-Protection lines were constructed for Dow Transports, Dow Utilities, NASDAQ100, and S&P400. These indices will not receive a Near-term bear signal until they fall below those tangential protection lines. The other indices will most likely receive bear signals when they fall below their NTI Green Curves with negatively sloping Vector Pressure. Near-term bear synergy cannot manifest until all indices are receiving a Near-term Bear signal. Since March 2009, the bull has responded when attributes neared bear signal justifications.

-Political Climate – Congress on recess, which is non-bearish.

-Reverse Tangential Bearish Detection - Although the current Near-term Bull has not yet expired, the following observations 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 stock market can climb by 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 the table on the website. Keep in mind there is 100% confidence in these bearish projections. The problem is not knowing when, but odds favor 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, 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 either 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.

The NYSE and NASDAQ Indicant Volume Indicators continue with holiday lethargy. This configuration supports status quo, which is bullish. Monday’s volume was light in real numbers and seasonally adjusted. The Big Board’s Indicant Volume Indicator is at the lowest level this century. Tuesday’s volume was even lighter. NASDAQ volume is nearing its lowest level this century. Wednesday’s volume was up mildly and unseasonably high. These low volumes do not threaten the short-term bull. On the contrary, the absence of volatility on low volume is voluminous support for the bull. New Year’s Eve Volume was seasonably high on bearish aggression. However, it was still low enough in real terms to suggest some limited fun for a few traders on the floor.

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 29-ETF’s. They are up by an average of 17.5%, annualizing at 47.2%, since their buy signals an average of 19.3-weeks ago.

The NTI is avoiding two-ETF’s. They are down 5.1% since their sell signals an average of 5.1-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 an average of 27.3% since their buy signals an average of 30.2-weeks ago. Those with hold signals are annualizing at 47.0%.

The two avoided ETF’s are down by an average of 30.7% since their sell signals an average of 21.9-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; weak majority of 14-offering bullish support.

NTI Blue Curve Trend; solid majority of 27-sloping north; strong bullish support.

NTI Green Curve Trend; 22-sloping north; strong majority support for non-bearishness. The bear cannot dominate with this configured attribute.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; solid majority of 25-support Quick-term bullishness.

QTI Bullish Red Curve Trend; 28-sloping north in solid majority support for Quick-term bullishness.

QTI Yellow Bear Count; zero non-contrarian represents a solid majority supporting Quick-term non-bearishness.

QTI Bearish Yellow Curve Trend; 29-sloping north, highlighting solid non-bearishness.

The Short-term Indicant ETF Key Attributes:

Vector Pressure Bullish Domain Occupancy; strong majority of 29 in bullish domains, supporting bull.

Pressure Slope Relative to Vector Pressure: 29 in bullish position.

Vector Pressure Trend; minority of 24-moving in bullish direction, supporting bull.

Short-term Summary: Most attributes remain in support of the bull.

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 November 16, 2009. It is down 6.8% since that sell signal. Its configuration does not support potential for its short-term bullishness in spite of today’s bearish behavior.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 58.1% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $27.78 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 10.9% since those buy signals, annualizing at 26.1%. Its NTI Bullish Blue Curve collapsed on Dec 8, 2009. A sell signal will be released in the event NTI Green shifts to the south.

ETF#11-Gold and Precious Metals is up 33.1% since the QTI signaled buy on December 11, 2008. Annualized growth is at 30.9%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $95.46 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 19.6% since then, annualizing at 28.1%.

You will notice its NTI Bullish Blue Curve collapsed on Dec 16, 2009 after being attacked by the Gold Bear. Vector Pressures remain in bullish domains and the dominant attribute that should minimize bearish damage to the Gold Bull. After this profit taking by the experts, taking money from advertising respondents, Gold should rebound, after the advertising respondents get scared and sell their losses. You should continue to hold.

You should also notice Vector Pressures are nearing bearish domains. The cycle is mature, suggesting an increasing probability of bullish behavior in the next few days/weeks.

As stated for the last several months, gold remains fundamentally sound for long-term holding and a technical measure of authenticity in that assessment is in its bearish yellow curve. If it crosses below bearish yellow, you will not want to be holding. The Quick-term Indicant will highlight that potential when this occurs.

ETF#14-TLT-Long Government received a sell signal on Dec 4, 2009 from both the Near-term and Quick-term Indicant. It is down 3.4% since that sell signal. All TLT attributes are solidly bearish. Do not be surprised at increased bearishness if and when it crosses above NTI Green.

Major ETF Events

Dec 31, 2009-Thu-TLT was bearish and not non-contrarian. The VIX index was flat on today’s stock market bearish aggression, suggesting phoniness in the stock market’s bearish behavior.

Dec 30, 2009-Wed-TLT was bullish without technical merit. It appears to be a bullish spurt with short-duration potential in its near-term bear cycle.

Dec 29, 2009-Tue-Omission of volatility on light volume supports continuation of bullish bias.

Dec 28, 2009-Mon-Light holiday volume has not been volatile.

Current Strategy-Short-term Indicant- Dec 31, 2009-Same, in spite of today’s bearish aggression. Dec 30, 2009-Same! Dec 29, 2009-Same as yesterday. A resting bull builds energy for future expressions. Dec 28, 2009-Bull remains solid. Holding remains safe.

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

12/31/09

Dec 30, 2009 Indicant Daily Stock Market Report

Volume 12, Issue 21 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Short-term attributes remain in support of the overall stock market bull. Bullish pressure is again building. The minor threat is now mitigated. The Short-term Indicant Bull remains solid.

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

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

All eleven major non-contrarian indices are up by an average of 28.9%, annualizing at 50.6%, since the NTI signaled bull an average of 29.7-weeks ago. The lone bear is the VIX and it is down 7.8% since its bear signal 4.0-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 22.4%, annualizing at 40.3%, since their bull signals an average of 29.0-weeks ago.

The lone QTI bear, VIX, is down 45.7% since its bear signal 36.9-weeks ago.

The overall stock market remains configured without significant bearish threats.

-Short-term Trend Sensitive Attributes (Includes Near-term and Quick-term)

QTI-Red Bull Count; Unanimity with eleven supporting bullish bias.

QTI-Bullish Red Curve Trend; Bullish unanimity with 11 of 11-non-contrarian indices in bullish trend, supporting bullish bias.

QTI-Bearish Yellow Curve Trend; Non-bearish unanimity with 11 of 11-non-contrarian indices in non-bearish trend, supporting non-bearish bias.

QIT-Yellow Bear Count; None of the non-contrarian’s are inflicted with this attribute and thus without any bearish bias.

NTI-Blue Bull Count; Eleven, offering unanimous support for the NTI Bull.

NTI-Bullish Blue Curve Trend; Eleven non-contrarian in bullish trend.

NTI-Bearish Green Curve Trend - Non-bearish majority with eleven of eleven non-contrarian indices in bullish trend, supporting near-term non-bearishness.

STI-Force Vector Position – None of the non-contrarian are in bearish domains.

STI-Vector Pressure Trend-Nine non-contrarian moving bullishly, offering bullish support.

Short-term Summary-Overall-Most attributes remain supportive of the Short-term Bull. The only concern is declining pressure, but most remain in bullish domains.

-Political Climate – Finally, the Senate finally departed from Washington D.C. on Thursday, December 24, 2009. This should remove the “congressional heavy lid” off of the bull market.

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.

The NYSE and NASDAQ Indicant Volume Indicators continue with holiday lethargy. This configuration supports status quo, which is bullish. Monday’s volume was light in real numbers and seasonally adjusted. The Big Board’s Indicant Volume Indicator is at the lowest level this century. Tuesday’s volume was even lighter. NASDAQ volume is nearing its lowest level this century. Today’s volume was up mildly and unseasonably high. These low volumes do not threaten the short-term bull. On the contrary, the absence of volatility on low volume is voluminous support for the bull.

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 29-ETF’s. They are up by an average of 18.5%, annualizing at 50.2%, since their buy signals an average of 19.1-weeks ago.

The NTI is avoiding two-ETF’s. They are down 5.7% since their sell signals an average of 5.0-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 an average of 28.3% since their buy signals an average of 30.1-weeks ago. Those with hold signals are annualizing at 49.0%.

The two avoided ETF’s are down by an average of 30.8% since their sell signals an average of 21.8-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; solid majority of 25-offering bullish support.

NTI Blue Curve Trend; 27-sloping north; strong bullish support.

NTI Green Curve Trend; 22-sloping north; strong majority support for non-bearishness. The bear cannot dominate with this configured attribute.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; solid majority of 26-support Quick-term bullishness.

QTI Bullish Red Curve Trend; 28-sloping north in solid majority support for Quick-term bullishness.

QTI Yellow Bear Count; zero non-contrarian represents a solid majority supporting Quick-term non-bearishness.

QTI Bearish Yellow Curve Trend; 29-sloping north, highlighting solid non-bearishness.

The Short-term Indicant ETF Key Attributes:

Vector Pressure Bullish Domain Occupancy; strong majority of 29 in bullish domains, supporting bull.

Pressure Slope Relative to Vector Pressure: 29 in bullish position.

Vector Pressure Trend; minority of 24-moving in bullish direction, supporting bull.

Short-term Summary: Most attributes remain in support of the bull.

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 November 16, 2009. It is down 8.4% since that sell signal. Its configuration no longer supports potential for short-term bullishness.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 58.8% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $27.87 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 11.8% since those buy signals, annualizing at 29.5%. Its NTI Bullish Blue Curve collapsed on Dec 8, 2009. A sell signal will be released in the event NTI Green shifts to the south.

ETF#11-Gold and Precious Metals is up 32.6% since the QTI signaled buy on December 11, 2008. Annualized growth is at 30.5%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $95.35 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 19.2% since then, annualizing at 27.6%.

You should also notice Vector Pressures are nearing bearish domains. The cycle is mature, suggesting an increasing probability of bullish behavior in the next few days/weeks.

ETF#14-TLT-Long Government received a sell signal on Dec 4, 2009 from both the Near-term and Quick-term Indicant. It is down 2.9% since that sell signal. All TLT attributes are solidly bearish. Today’s TLT bullish expression is without technical merit. Do not be surprised at increased bearishness if and when it crosses NTI Green.

Major ETF Events

Dec 30, 2009-Wed-TLT was bullish without technical merit. It appears to be a bullish spurt with short-duration potential in its near-term bear cycle.

Dec 29, 2009-Tue-Omission of volatility on light volume supports continuation of bullish bias.

Dec 28, 2009-Mon-Light holiday volume has not been volatile.

Current Strategy-Short-term Indicant- Dec 30, 2009-Same! Dec 29, 2009-Same as yesterday. A resting bull builds energy for future expressions. Dec 28, 2009-Bull remains solid. Holding remains safe.

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

12/30/09

Dec 29, 2009 Indicant Daily Stock Market Report

Volume 12, Issue 20 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

Short-term attributes remain in support of the overall stock market bull. The only concern is mild pressure relief. It is a minor concern, though. The Short-term Indicant Bull remains solid.

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

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

All eleven major non-contrarian indices are up by an average of 28.9%, annualizing at 50.8%, since the NTI signaled bull an average of 29.6-weeks ago. The lone bear is the VIX and it is down 7.8% since its bear signal 3.9-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 22.4%, annualizing at 40.4%, since their bull signals an average of 28.8-weeks ago.

The lone QTI bear, VIX, is down 45.7% since its bear signal 36.7-weeks ago.