Dec 30, 2011 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
Unanimity in either
direction remains absent. Some non-contrarian ETF’s are holding and others
are being avoided.
Force Vectors started
shifting south toward some ETF’s with bearish Vector Pressure, which is
normally a bearish configuration. The stock market appears to have to
endure declining Force for a few days. Interestingly, rather than
nose-diving, some are wavering in bullish domains. That is normally
non-bearish, but their close proximity to bearish domains allows the stock
market bear opportunities to pounce on the stock market bull. Although
bull signals remain in the majority, the absence of unanimity in either
direction allows room for the bull or bear to attack.
The
DJU
is solidly bullish along the near-term and mid-term cycle. With that, the
bear could easily be influenced to hibernate. It is impossible for the
bear to dominate with the prevailing DJU configuration. Its Force is
shifting in a bearish direction, but until it falls below Pressure, the
stock market bear cannot dominate.
The
NASDAQ and NAS100
are enjoying bullish Force, but having difficulty eclipsing NTI Blue. This
is slowing the bear’s movement toward hibernation. Some have the
propensity to blame the bear’s refusal to hibernate on global warming.
Contrarian
VIX
is unreasonably below NTI Green and has been bullish in three of the past
four days. Its Force Vector is climbing. Its interaction with Pressure
early next week will be interesting.
ETF-#11-GLD
Quick-term Indicant signaled sell this past Wednesday. That was the first
QTI signal since it signaled buy in Dec. 2008. It garnished a 90% in that
short-term bullish cycle. It fell below QTI Yellow on Dec 28, 2011,
triggering that sell signal. The model forced the sell since its price
fell below QTI Yellow with an existing near-term avoid signal. Keep in
mind, QTI-Yellow is a common bouncing point to near-term cyclical
declines. It will be interesting to see if there is a bounce. The stock
market has been behaving with maximal volatility around QTI Yellow. That
suggests the bull/bear battle is continuing. Until a breakout or breakdown
occurs, expect more volatility.
The stock market bear
is doing a good job avoiding hibernation. The stock market bull continues
expressing its puniness when the bear should be hibernating.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
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 for nine non-contrarian indices. They
are up by an average of 0.3% since their bull signals an average of
1.4-weeks ago, annualizing at 11.2%. The remaining near-term bears,
including contrarian VIX, are down by an average of 6.3% since their bear
signals an average of 3.0-weeks ago.
The
Quick-term Indicant signaled no new bull and no new bears.
The
nine Quick-term bulls are up by an average of 0.4% since their bull
signals an average of 1.7-weeks ago, annualizing at 13.2%. The three
remaining bears are down by an average of 6.3% since their bear signals
3.0-weeks ago. This includes contrarian VIX, which is down 23.6% since its
bear signal on Nov 29, 2011.
Indicant Volume Indicators
No changes to this
paragraph for several weeks. Both IVI’s sloped downward on recent
bullishness, which suggests a lack of bullish inspiration. This is
troubling. Adding to that concern is the NASDAQ’s IVI falling into low
interest domains during the current near-term bull cycle. The NYSE
recently did the same (early Nov). Some of that, however, is due to
seasonal volume. Recent bearish behavior has been more supported with
volume than recent bullish behavior.
Dec 30-Fri-Same as
yesterday. Volume will become relevant in a few days.
Dec 29-Thu-Again very
low volume on herky-jerky behavior suggests a few are simply having some
fun.
Dec
28-Wed-Holiday volume remains seasonally depressed, as the “bailed out”
continue enjoying the holidays with your tax dollars.
Dec
27-Tue-Holiday volume continues and offering little support for any
directional intensity.
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 19-ETF’s. They are up by an
average of 0.3% since their buy signals an average of 1.7-weeks ago,
annualizing at 10.2%.
The
NTI is avoiding 13-ETF’s. They are down by an average of 0.3% since their
sell signals an average of 2.5-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 18-ETF’s. They are up by an
average of 2.0% since their buy signals an average of 4.5-weeks ago. This
annualizes at 22.6%.
The
Quick-term Indicant is avoiding 14-ETFs. They are down by an average of
0.3% since their QTI sell signals an average of 3.5-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell on Dec 14, 2011,
as Force fell below Pressure and into bearish domains. It is up 5.2% since
those sell signals. Price is bouncing off QTI bearish yellow curve. Force
crossed above Pressure one week ago, but price still remains below the
near-term blue curve and thus no buy signal. Declining Force is additional
justification for avoiding.
ETF#11-Gold and Precious Metals
was
up
90% since the QTI signaled buy on December 11, 2008 until the QTI signaled
sell this past Wednesday. It is up 0.6% since that sell signal. The
Quick-term Indicant will not consider buying until the Near-term Indicant
is holding and price greater than QTI Yellow.
The
Near-term Indicant signaled sell on Dec 12, 2011, as price fell below NTI
Green with declining Force in bearish domains. Dropping below Green a few
weeks ago did not trigger a bullish response, which has been common since
late 2008, adding support to the near-term bearish pressure. It is down
6.2% since that sell signal.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
As the U.S. dollar strengthens, gold is in trouble along the short-term
cycle.
ETF#14-TLT-Long Government
received buy signals from the Near-term Indicant and Quick-term Indicant
on Dec 14, 2011. Short-term attributes shifted in support of TLT’s
bullishness. It is down 0.4% since those buy signals. The dollar is
expected to continue strengthening and this ETF tends to parallel that.
ETF#31-QID
received sell signals from both the Near-term and Quick-term Indicant on
Dec 23, 2011, as Force crossed below Pressure and into bearish domains.
That is too threatening for holding even though QQQ remains with an avoid
signal. Force is now increasing and once it crosses above Pressure and
into bullish domains, a buy signal will be triggered. It is up 0.8% since
those sell signals. Weakening Force is stalling, which offers some bullish
hope for this ETF.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 15.0% since those sell signals. Its Force Vector continues
moving north. It must cross above Pressure and into bullish domains before
buying. Price must be higher than NTI Blue Curve, also.
Major ETF Events
Dec 30-Fri-Declining
stock market Force has been arrested, offering a non-bearish inclination,
but not yet with a bullish configuration.
Dec 28-Wed-Force
Vectors started moving south. If they fall below Pressure and into bearish
domains, sell signals will be triggered, yet again.
Dec 27-Tue-Another
ETF and one major index enjoyed increased configured support for
short-term bullishness.
Current Strategy-Short-term Indicant-Dec 30,
2011-Declining Force has slowed offering the bull some hope, but
configurations remain more mixed than supporting bullish or bearish
directional intensity. Be prepared to trade if you are holding. Relax a
bit more if you are in cash.
Reverse Tangential Projections
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.
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
12/30/2011
Dec 29, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 20 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
Unanimity in either
direction remains absent. Some non-contrarian ETF’s are holding and others
are being avoided.
Force Vectors started
shifting south toward some ETF’s with bearish Vector Pressure. The stock
market appears to have to endure declining Force for a few days.
The
DJU
is solidly bullish along the near-term and mid-term cycle. With that, the
bear could easily be influenced to hibernate. It is impossible for the
bear to dominate with the prevailing DJU configuration. Its Force is
shifting in a bearish direction, but until it falls below Pressure, the
bear cannot dominate.
The
NASDAQ and NAS100
are enjoying bullish Force, but having difficulty eclipsing NTI Blue. This
is slowing the bear’s movement toward hibernation. Some have the
propensity to blame the bear’s refusal to hibernate on global warming.
Contrarian
VIX
is unreasonably below NTI Green. It was bearish today, following two days
of solid bullishness.
ETF-#11-GLD
Quick-term Indicant signaled sell yesterday. That was the first QTI signal
since Dec. 2008. It garnished a 90% in that short-term bullish cycle. It
fell below QTI Yellow on Dec 28, 2011 with an already existing near-term
avoid signal.
The stock market bear
is doing a good job avoiding hibernation. The stock market bull continues
expressing its puniness when the bear should be hibernating.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
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 for nine non-contrarian indices. They
are up by an average of 0.8% since their bull signals an average of
1.2-weeks ago. The remaining near-term bears, including contrarian VIX,
are down by an average of 6.9% since their bear signals an average of
2.9-weeks ago.
The
Quick-term Indicant signaled no new bull and no new bears.
The
nine Quick-term bulls are up by an average of 0.9% since their bull
signals an average of 1.6-weeks ago. The three remaining bears are down by
an average of 6.9% since their bear signals 2.9-weeks ago. This includes
contrarian VIX, which is down 26.0% since its bear signal on Nov 29, 2011.
Indicant Volume Indicators
No changes to this
paragraph for several weeks. Both IVI’s sloped downward on recent
bullishness, which suggests a lack of bullish inspiration. This is
troubling. Adding to that concern is the NASDAQ’s IVI falling into low
interest domains during the current near-term bull cycle. The NYSE
recently did the same (early Nov). Some of that, however, is due to
seasonal volume. Recent bearish behavior has been more supported with
volume than recent bullish behavior.
Dec 29-Thu-Again very
low volume on herky-jerky behavior suggests a few are simply having some
fun.
Dec
28-Wed-Holiday volume remains seasonally depressed, as the “bailed out”
continue enjoying the holidays with your tax dollars.
Dec
27-Tue-Holiday volume continues and offering little support for any
directional intensity.
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 19-ETF’s. They are up by an
average of 0.8% since their buy signals an average of 1.5-weeks ago.
The
NTI is avoiding 13-ETF’s. They are down by an average of 0.6% since their
sell signals an average of 2.2-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 18-ETF’s. They are up by an
average of 2.5% since their buy signals an average of 4.4-weeks ago. This
annualizes at 29.2%.
The
Quick-term Indicant is avoiding 14-ETFs. They are down by an average of
0.6% since their QTI sell signals an average of 3.4-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell on Dec 14, 2011,
as Force fell below Pressure and into bearish domains. It is up 5.2% since
those sell signals. Price is bouncing off QTI bearish yellow curve. Force
crossed above Pressure one week ago, but price still remains below the
near-term blue curve and thus no buy signal. Weakening Force is additional
justification for avoiding.
ETF#11-Gold and Precious Metals
was
up
90% since the QTI signaled buy on December 11, 2008 until the QTI signaled
sell yesterday. It is down 0.5% since that sell signal. The Quick-term
Indicant will not consider buying until the Near-term Indicant is holding
and price greater than QTI Yellow.
The
Near-term Indicant signaled sell on Dec 12, 2011, as price fell below NTI
Green with declining Force in bearish domains. Dropping below Green did
not trigger a bullish response, which has been common since late 2008,
adding support to the near-term bearish pressure. It is down 7.2% since
that sell signal.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
As the U.S. dollar strengthens, gold is in trouble along the short-term
cycle.
ETF#14-TLT-Long Government
received buy signals from the Near-term Indicant and Quick-term Indicant
on Dec 14, 2011. Short-term attributes shifted in support of TLT’s
bullishness. It is down 0.4% since those buy signals. The dollar is
expected to continue strengthening and this ETF tends to parallel that.
ETF#31-QID
received sell signals from both the Near-term and Quick-term Indicant this
Friday, Dec 23, 2011, as Force crossed below Pressure and into bearish
domains. That is too threatening for holding even though QQQ remains with
an avoid signal. Force is now increasing and once it crosses above
Pressure and into bullish domains, a buy signal will be triggered. It is
up 0.2% since those sell signals. Weakening Force is stalling, which
offers some bullish hope for this ETF.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 16.3% since those sell signals. Its Force Vector continues
moving north. It must cross above Pressure and into bullish domains before
buying.
Major ETF Events
Dec 28-Wed-Force
Vectors started moving south. If they fall below Pressure and into bearish
domains, sell signals will be triggered, yet again.
Dec 27-Tue-Another
ETF and one major index enjoyed increased configured support for
short-term bullishness.
Current Strategy-Short-term Indicant-Dec 28, 2011-Force
started turning south, which should be invigorating to the stock market
bear.
Reverse Tangential Projections
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.
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
12/29/2011
Dec 28, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 19 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
Unanimity in either
direction remains absent. Some ETF’s are holding and others are being
avoided.
Force Vectors started
shifting south toward some ETF’s with bearish Vector Pressure. The stock
market appears to have to endure declining Force for a few days.
The
DJU
is solidly bullish along the near-term and mid-term cycle. With that, the
bear could easily be influenced to hibernate. It is impossible for the
bear to dominate with the prevailing DJU configuration. Its Force is
shifting in a bearish direction, but until it falls below Pressure, the
bear cannot dominate.
The
NASDAQ and NAS100
are enjoying bullish Force, but having difficulty eclipsing NTI Blue. This
is slowing the bear’s movement toward hibernation.
Contrarian
VIX
is unreasonably below NTI Green. It was bullish the past two days.
ETF-#11-GLD Quick-term Indicant signaled sell today. That was the
first QTI signal since Dec 2008. It fell below QTI Yellow with an already
existing near-term avoid signal.
The stock market bear
is doing a good job avoiding hibernation.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
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 for nine non-contrarian indices. They
are down 0.4% since their bull signals an average of 1.1-weeks ago. The
remaining near-term bears, including contrarian VIX, are down by an
average of 6.6% since their bear signals an average of 2.7-weeks ago.
The
Quick-term Indicant signaled no new bull and no new bears.
The
nine Quick-term bulls are down by an average of 0.2% since their bull
signals an average of 1.4-weeks ago. The three remaining bears are down by
an average of 6.6% since their bear signals 2.7-weeks ago. This includes
contrarian VIX, which is down 23.2% since its bear signal on Nov 29, 2011.
Indicant Volume Indicators
No changes to this
paragraph for several weeks. Both IVI’s sloped downward on recent
bullishness, which suggests a lack of bullish inspiration. This is
troubling. Adding to that concern is the NASDAQ’s IVI falling into low
interest domains during the current near-term bull cycle. The NYSE
recently did the same. Some of that, however, is due to seasonal volume.
Recent bearish behavior has been more supported with volume than recent
bullish behavior.
Dec
28-Wed-Holiday volume remains seasonally depressed, as the “bailed out”
continue enjoying the holidays with your tax dollars.
Dec
27-Tue-Holiday volume continues and offering little support for any
directional intensity.
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 18-ETF’s. They are down by an
average of 0.4% since their buy signals an average of 1.4-weeks ago.
The
NTI is avoiding 13-ETF’s. They are down by an average of 1.2% since their
sell signals an average of 2.1-weeks ago.
The
Quick-term Indicant generated no buy signals and one sell signal.
The
Quick-term Indicant is signaling hold for 18-ETF’s. They are up by an
average of 1.5% since their buy signals an average of 4.2-weeks ago. This
annualizes at 18.5%.
The
Quick-term Indicant is avoiding 13-ETFs. They are down by an average of
1.3% since their QTI sell signals an average of 3.5-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell on Dec 14, 2011,
as Force fell below Pressure and into bearish domains. It is up 4.2% since
those sell signals. Price is bouncing off QTI bearish yellow curve. Force
crossed above Pressure this past Thursday, but price still remains below
the near-term blue curve and thus no buy signal.
ETF#11-Gold and Precious Metals
was
up
90% since the QTI signaled buy on December 11, 2008. It fell below QTI
Yellow today with declining Force inside bearish domains.
The
Near-term Indicant signaled sell on Dec 12, 2011, as price fell below NTI
Green with declining Force in bearish domains. Dropping below Green did
not trigger a bullish response, which has been common since late 2008,
adding support to the near-term bearish pressure. It is down 6.8% since
that sell signal.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
As the U.S. dollar strengthens, gold is in trouble along the short-term
cycle.
ETF#14-TLT-Long Government
received buy signals from the Near-term Indicant and Quick-term Indicant
on Wednesday. Short-term attributes shifted in support of TLT’s
bullishness. It is down 0.6% since those buy signals. The dollar is
expected to continue strengthening and this ETF tends to parallel that.
ETF#31-QID
received sell signals from both the Near-term and Quick-term Indicant this
Friday, Dec 23, 2011, as Force crossed below Pressure and into bearish
domains. That is too threatening for holding even though QQQ remains with
an avoid signal. Force is now increasing and once it crosses above
Pressure and into bullish domains, a buy signal will be triggered. It is
up 1.7% since those sell signals.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 14.2% since those sell signals. Its Force Vector is now moving
north. It must cross above Pressure and into bullish domains before
buying.
Major ETF Events
Dec 28-Wed-Force
Vectors started moving south. If they fall below Pressure and into bearish
domains, sell signals will be triggered, yet again.
Dec 27-Tue-Another
ETF and one major index enjoyed increased configured support for
short-term bullishness.
Current Strategy-Short-term Indicant-Dec 28, 2011-Force
started turning south, which should be invigorating to the stock market
bear.
Reverse Tangential Projections
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.
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
12/28/2011
Dec 27, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 18 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
The
DJU is solidly bullish along the near-term and mid-term cycle. With
that, the bear could easily be influenced to hibernate. It is impossible
for the bear to dominate with the prevailing DJU configuration.
The
NASDAQ and NAS100 are enjoying bullish Force, but having difficulty
eclipsing NTI Blue. This is slowing the bear’s movement toward
hibernation.
Contrarian
VIX is unreasonably below NTI Green. It was bullish today in
non-contrarian behavior offering potential VIX bullishness, which could
encourage the stock market bear.
Overall, bias
continues favoring the stock market bull along the short-term cycle.
However, the stock market bear has not yet hibernated.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled one new bull and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for eight non-contrarian indices.
They are up 1.1% since their bull signals an average of 1.1-weeks ago,
annualizing at 55.5%. The remaining near-term bears, including contrarian
VIX, are down by an average of 7.5% since their bear signals an average of
2.6-weeks ago.
The
Quick-term Indicant signaled one new bull and no new bears.
The
eight Quick-term bulls are up by an average of 1.3% since their bull
signals an average of 1.4-weeks ago. They are annualized at 46.8%. The
three remaining bears are down by an average of 7.5% since their bear
signals 2.6-weeks ago. This includes contrarian VIX, which is down 28.5%
since its bear signal on Nov 29, 2011.
Indicant Volume Indicators
No changes to this
paragraph for several weeks. Both IVI’s sloped downward on recent
bullishness, which suggests a lack of bullish inspiration. This is
troubling. Adding to that concern is the NASDAQ’s IVI falling into low
interest domains during the current near-term bull cycle. The NYSE
recently did the same. Some of that, however, is due to seasonal volume.
Recent bearish behavior has been more supported with volume than recent
bullish behavior.
Dec
27-Tue-Holiday volume continues and offering little support for any
directional intensity.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated one buy signal and no sell signals.
The
Near-term Indicant is signaling hold for 18-ETF’s. They are up by an
average of 1.0% since their buy signals an average of 1.3-weeks ago. That
annualizes at 38.4%.
The
NTI is avoiding 13-ETF’s. They are down by an average of 0.1% since their
sell signals an average of 1.9-weeks ago.
The
Quick-term Indicant generated one buy signal and no sell signals.
The
Quick-term Indicant is signaling hold for 18-ETF’s. They are up by an
average of 7.7% since their buy signals an average of 12.9-weeks ago. This
annualizes at 31.2%.
The
Quick-term Indicant is avoiding 13-ETFs. They are down by an average of
0.4% since their QTI sell signals an average of 3.3-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell on Dec 14, 2011,
as Force fell below Pressure and into bearish domains. It is up 6.2% since
those sell signals. Price is bouncing off QTI bearish yellow curve. Force
crossed above Pressure this past Thursday, but price still remains below
the near-term blue curve and thus no buy signal.
ETF#11-Gold and Precious Metals
is
up 92.1% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 29.8%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $151.86. QTI-Yellow has been
flat, for the most part, the past three weeks for the first time in over
three years. Relaxation remains inappropriate as price is nearing QTI
Yellow, but it did bounce strongly north after a nearly contacting three
weeks ago and continuing that this past week. Gold Force is increasing but
will consume quite a bit of energy before climbing above Pressure and into
bullish domains. That energy consumption offers the gold bear a chance to
pounce with increasing probabilities to do so.
The
Near-term Indicant signaled sell on Dec 12, 2011, as price fell below NTI
Green with declining Force in bearish domains. Dropping below Green did
not trigger a bullish response, which has been common since late 2008,
adding support to the near-term bearish pressure. It is down 4.4% since
that sell signal.
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 buy signals from the Near-term Indicant and Quick-term Indicant
on Wednesday. Short-term attributes shifted in support of TLT’s
bullishness. It is down 2.4% since those buy signals. The dollar is
expected to continue strengthening and this ETF tends to parallel that.
ETF#31-QID
received sell signals from both the Near-term and Quick-term Indicant this
Friday, Dec 23, 2011, as Force crossed below Pressure and into bearish
domains. That is too threatening for holding even though QQQ remains with
an avoid signal. It is down 0.6% since those sell siganls.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 17.7% since those sell signals. Its Force Vector is not
configured as contrarian, highlighting a confused stock market. It remains
a Yellow Bear with declining Force. However, it should be noted that Force
is at a common minimum point and nearing an absolute minimum. With that,
there is potential for its bullishness.
Major ETF Events
Dec 27-Tue-Another
ETF and one major index enjoyed increased configured support for
short-term bullishness.
Current Strategy-Short-term Indicant-Dec 27, 2011-The
near-term bull cycle is displaying signs of overcoming the stock market
bear. Unanimity, supporting this bull, remains absent with a suspicious
existence. There is little near-term support for the stock market bear.
Set tight stop losses if you buy.
Reverse Tangential Projections
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.
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
12/27/2011
Dec 23, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 17 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
More non-contrarian
ETF’s received buy signals, but some non-contrarians continue with avoid
signals. Those with avoid signals have Force Vector support for buying,
but have been too passive. They are struggling to climb above NTI Blue.
The absence of unanimity of near-term bullishness remains discerning.
The
NASDAQ and NAS100
have Force Vector support, but have not expressed enough energy to cross
above NTI blue. Bullish unanimity remains absent along the near-term
cycle, so remain guarded. This absence should be resolved within a day or
two.
In a significant
departure from normalcy is the
VIX’s
deepening bearish cycle. It is uncharacteristically falling well below the
near-term green curve. Interestingly, this particular cycle has not been
volatile. The
VXX was up today even though the VIX was down.
This stock market
remains confused with the bull and bear retorting noisily at each
incursion of the other.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled one new bull and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for seven non-contrarian indices.
They are up 1.1% since their bull signals an average of 0.6-weeks ago,
annualizing at 101.2%. The remaining near-term bears, including contrarian
VIX, are down by an average of 5.4% since their bear signals an average of
1.8-weeks ago.
The
Quick-term Indicant signaled one new bull and no new bears.
These bull are up by an average of 1.3% since their bull signals an
average of 1.0-weeks ago. They are annualized at 67.2%. The four remaining
bears are down by an average of 5.4% since their bear signals 1.8-weeks
ago. This includes contrarian VIX, which is down 32.3% since its bear
signal on Nov 29, 2011.
Indicant Volume Indicators
No changes to this
paragraph for several weeks. Both IVI’s sloped downward on recent
bullishness, which suggests a lack of bullish inspiration. This is
troubling. Adding to that concern is the NASDAQ’s IVI falling into low
interest domains during the current near-term bull cycle. The NYSE
recently did the same. Some of that, however, is due to seasonal volume.
Recent bearish behavior has been more supported with volume than recent
bullish behavior.
Dec 23-Fri-Low
holiday volume on bullish behavior should always be viewed with a bit of
suspicion. Only a few determine prices.
Dec 22-Thu-Well, the
bailed out are spending your tax dollars on Christmas gifts for themselves
and politicians who bailed them out and new evolving corrupt politicians.
Today’s mild bearishness on empty volume means very little.
Dec 21-Wed-Flat
volume on flat behavior, but with late-day bullishness, does not offer any
inspiration to either bull or bear.
Dec 20-Tue-Average
volume, coupled with strong bullish behavior, is interesting, but
certainly not confirming more of the same.
Dec 19-Mon-Volume was
below average on bearish behavior, offering nothing.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated four buy signals and one sell signal.
The
Near-term Indicant is signaling hold for 14-ETF’s. They are up by an
average of 1.0% since their buy signals an average of 0.9-weeks ago. That
annualizes at 55.6%.
The
NTI is avoiding 13-ETF’s. They are up by an average of 0.6% since their
sell signals an average of 1.5-weeks ago.
The
Quick-term Indicant generated two buy signals and one sell signal.
The
Quick-term Indicant is signaling hold for 16-ETF’s. They are up by an
average of 8.6% since their buy signals an average of 13.9-weeks ago. This
annualizes at 32.1%.
The
Quick-term Indicant is avoiding 13-ETFs. They are up by an average of 0.4%
since their QTI sell signals an average of 2.8-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell on Dec 14, 2011,
as Force fell below Pressure and into bearish domains. It is up 5.9% since
those sell signals. Price is bouncing off QTI bearish yellow curve. Force
crossed above Pressure this past Thursday, but price still remains below
the near-term blue curve and thus no buy signal.
ETF#11-Gold and Precious Metals
is
up 93.8% 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 $151.86. QTI-Yellow has been
flat, for the most part, the past two weeks for the first time in over
three years. Relaxation remains inappropriate as price is nearing QTI
Yellow, but it did bounce strongly north after a nearly contacting two
weeks ago and continuing that this past week. Its Force is increasing but
will consume quite a bit of energy before climbing above Pressure and into
bullish domains. That energy consumption offers the gold bear a chance to
pounce.
The
Near-term Indicant signaled sell on Dec 12, 2011, as price fell below NTI
Green with declining Force in bearish domains. Dropping below Green did
not trigger a bullish response, which has been common since late 2008,
adding support to the near-term bearish pressure. It is down 3.5% since
that sell signal.
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 buy signals from the Near-term Indicant and Quick-term Indicant
on Wednesday. Short-term attributes shifted in support of TLT’s
bullishness. It is down 2.5% since those buy signals. The dollar is
expected to continue strengthening and this ETF tends to parallel that.
ETF#31-QID
received sell signals from both the Near-term and Quick-term Indicant this
Friday, Dec 23, 2011, as Force crossed below Pressure and into bearish
domains. That is too threatening to continue holding even though QQQ
remains with an avoid signal.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 17.0% since those sell signals. Its Force Vector is not
configured as contrarian, highlighting a confused stock market. It remains
a Yellow Bear with declining Force. However, it should be noted that Force
is at a common minimum point and nearing an absolute minimum.
Major ETF Events
Dec 23-Fri-Again more
prices crossed above NTI Blue, triggering more buy signals along the
near-term cycle. Due to proximity with QTI Yellow, the Quick-term Indicant
also signaled buy.
Dec 22-Thu-More
prices crossed above NTI Blue and bullish Force support. That triggered
more buy signals.
Dec 21-Wed-Bull/bear
divergence continues as the stock market remains without apparent desire
to proceed in either direction. However, there were two more buy signals
today for ETF’s.
Dec 20-Tue-Strong
bullishness triggered three near-term buy signals as those three are the
only ones enjoying supporting Force.
Dec 19-Mon-There are
now no QTI Red Bulls, including contrarian ETF’s. This is favorable to the
stock market bear.
Current Strategy-Short-term Indicant-Dec 23, 2011-The
near-term bull cycle is displaying signs of overcoming the stock market
bear. There is no unanimity, supporting this bull. There is little
near-term support for the stock market bear. Set tight stop losses if you
buy.
Reverse Tangential Projections
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.
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
12/23/2011
Dec 22, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 16 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
The bluest of blue
chips crossed above NTI Blue with Force Vector support. The
Dow Utilities skyrocketed. Although the Dow Utilities has been
enjoying bull signals since Dec 1, the other Dow Indices received bull
signals today with those strengthening bullish attributes.
The
NAS, NAS100,
S&P400, and
NYSE have Force Vector support, but have not expressed enough energy
to cross above NTI blue. Bullish unanimity remains absent along the
near-term cycle, so remain guarded. This absence should be resolved within
a day or two.
In a significant
departure from normalcy is the
VIX’s deepening bearish cycle. It is uncharacteristically falling well
below the near-term green curve. Interestingly, this particular cycle has
not been volatile.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled six new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for only one of the non-contrarian
indices. It is the Dow Jones Utilities, which is up 2.6%, annualized at
44.8%, since its bull signal 3.0-weeks ago. The new bulls will join
Utilities next week. The remaining near-term bears, including contrarian
VIX, are down 3.7% since their bear signals an average of 1.6-weeks ago.
The
Quick-term Indicant signaled five new bulls and no new bears.
The
new bulls join two existing Quick-term bulls, which are up by an average
of 1.9% since their bull signals an average of 3.0-weeks ago. They are
annualized at 33.2%. The five remaining bears are down by an average of
3.7% since their bear signals 1.6-weeks ago. This includes contrarian VIX,
which is down 30.9% since its bear signal on Nov 29, 2011.
Indicant Volume Indicators
No changes to this
paragraph for several weeks. Both IVI’s sloped downward on recent
bullishness, which suggests a lack of bullish inspiration. This is
troubling. Adding to that concern is the NASDAQ’s IVI falling into low
interest domains during the current near-term bull cycle. The NYSE
recently did the same. Some of that, however, is due to seasonal volume.
Recent bearish behavior has been more supported with volume than recent
bullish behavior.
Dec 22-Thu-Well, the
bailed out are spending your tax dollars on Christmas gifts for themselves
and politicians who bailed them out and new evolving corrupt politicians.
Today’s mild bearishness on empty volume means very little.
Dec 21-Wed-Flat
volume on flat behavior, but with late-day bullishness, does not offer any
inspiration to either bull or bear.
Dec 20-Tue-Average
volume, coupled with strong bullish behavior, is interesting, but
certainly not confirming more of the same.
Dec 19-Mon-Volume was
below average on bearish behavior, offering nothing.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated five buy signals and no sell signals.
The
Near-term Indicant is signaling hold for ten-ETF’s. They are up by an
average of 0.4% since their buy signals an average of 1.2-weeks ago. That
annualizes at 15.4%.
The
NTI is avoiding 17-ETF’s. They are up by an average of 0.5% since their
sell signals an average of 1.2-weeks ago.
The
Quick-term Indicant generated five buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 12-ETF’s. They are up by an
average of 10.4% since their buy signals an average of 18.4-weeks ago.
This annualizes at 29.4%.
The
Quick-term Indicant is avoiding 15-ETFs. They are up by an average of 0.1%
since the QTI sell signals an average of 2.5-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell on Dec 14, 2011,
as Force fell below Pressure and into bearish domains. It is up 5.3% since
those sell signals. Force is rising but still in bearish domains. Price is
bouncing off QTI bearish yellow curve. Force crossed above Pressure, but
price still remains below the near-term blue curve.
ETF#11-Gold and Precious Metals
is
up 93.5% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 30.4%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $151.85. QTI-Yellow was flat last
week for the first time in over three years. Relaxation remains
inappropriate as price is nearing QTI Yellow, but it did bounce strongly
north after a nearly contacting last week and continuing that this week.
Its Force is increasing but will consume quite a bit of energy before
climbing above Pressure and into bullish domains.
The
Near-term Indicant signaled sell on Dec 12, 2011, as price fell below NTI
Green with declining Force in bearish domains. Dropping below Green did
not trigger a bullish response, which has been common since late 2008,
adding support to the near-term bearish pressure. It is down 3.7% since
that sell signal.
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 buy signals from the Near-term Indicant and Quick-term Indicant
on Wednesday. Short-term attributes shifted in support of TLT’s
bullishness. It is down 1.5% since those buy signals. The dollar is
expected to continue strengthening and this ETF tends to parallel that.
ETF#31-QID
received a buy signal from both the Near-term and Quick-term Indicant on
Dec 14, 2011 as Force crossed into bullish domains and above Vector
Pressure. It is down 3.4% since those buy signals. Declining Force is
discerning to the hold signal.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 19.1% since those sell signals. Its Force Vector is not
configured as contrarian, highlighting a confused stock market. It remains
a Yellow Bear with declining Force. However, it should be noted that Force
is at a common minimum point and nearing an absolute minimum.
Major ETF Events
Dec 22-Thu-More
prices crossed above NTI Blue and bullish Force support. That triggered
more buy signals,
Dec 21-Wed-Bull/bear
divergence continues as the stock market remains without apparent desire
to proceed in either direction. However, there were two more buy signals
today for ETF’s.
Dec 20-Tue-Strong
bullishness triggered three near-term buy signals as those three are the
only ones enjoying supporting Force.
Dec 19-Mon-There are
now no QTI Red Bulls, including contrarian ETF’s. This is favorable to the
stock market bear.
Current Strategy-Short-term Indicant-Dec 22, 2011-The
near-term bull cycle is under attack by bearish force. Continue not buying
any equity at this time, except those with buy signals. Establish relative
tight stop losses, until all non-contrarian ETF’s enjoy hold signals.
Reverse Tangential Projections
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.
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
12/22/2011
Dec 21, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 15 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
As stated last
Monday, a bullish spurt would not be surprising. Tuesday’s bullish
aggression triggered three near-term buy signals and there were two more
today. Those receiving buy signals enjoy Force Vector support. Those
retaining avoid signals are still languishing in bearish domains and with
declining Pressure.
Until all
non-contrarian ETF’s are enjoying hold signals, consider all bullish
behavior as a mere spurt. Follow-on bearish behavior can wipe out bullish
spurt gains quickly, as you have seen since late September. All ETF’s
tracked on a daily basis are non-contrarian with the exception of those
contrarians that are discussed in this report.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
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 for only one of the non-contrarian
indices. It is the Dow Jones Utilities, which is up 2.4%, annualized at
43.2%, since its bull signal 2.9-weeks ago. The remaining major indices
are bears along the near-term cycle. They include contrarian VIX.
Combined, they are down by an average of 0.1% since their near-term bear
signals 1.2-weeks ago. Contrarian VIX is down 30.1% since its bear signal
on Nov 29, 2011.
The
Quick-term Indicant signaled no new bulls and no new bears.
Two
major indices (DJIA and DJU) are Quick-term Bulls. They are up by an
average of 1.6% since their QTI Bull signals 2.9-weeks ago, annualizing at
28.2%. The remaining major indices, including contrarian VIX, are down by
an average of 0.3% since their bear signals an average of 1.2-weeks ago.
Contrarian VIX is down 30.1% since its QTI Bear signal on Nov 29, 2011.
Indicant Volume Indicators
No changes to this
paragraph for several weeks. Both IVI’s sloped downward on recent
bullishness, which suggests a lack of bullish inspiration. This is
troubling. Adding to that concern is the NASDAQ’s IVI falling into low
interest domains during the current near-term bull cycle. The NYSE
recently did the same. Some of that, however, is due to seasonal volume.
Recent bearish behavior has been more supported with volume than recent
bullish behavior.
Dec 21-Wed-Flat
volume on flat behavior, but with late-day bullishness, does not offer any
inspiration to either bull or bear.
Dec 20-Tue-Average
volume, coupled with strong bullish behavior, is interesting, but
certainly not confirming more of the same.
Dec 19-Mon-Volume was
below average on bearish behavior, offering nothing.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated two buy signals and no sell signals.
The
Near-term Indicant is signaling hold for eight-ETF’s. They are down by an
average of 0.5% since their buy signals an average of 1.4-weeks ago. That
annualizes at 17.6%.
The
NTI is avoiding 22-ETF’s. They are up by an average of 0.5% since their
sell signals an average of 1.1-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 12-ETF’s. They are up by an
average of 10.5% since their buy signals an average of 18.3-weeks ago.
This annualizes at 29.9%.
The
Quick-term Indicant is avoiding 20-ETFs. They are up by an average of 0.2%
since the QTI sell signals an average of 2.2-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell on Dec 14, 2011,
as Force fell below Pressure and into bearish domains. It is up 4.1% since
those sell signals. Force is rising but still in bearish domains. Price is
bouncing off QTI bearish yellow curve. That should be encouraging to the
petro-bull but until Force crosses into bullish domains, it is just noise.
ETF#11-Gold and Precious Metals
is
up 94.9% 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 $151.85. QTI-Yellow was flat last
week for the first time in over three years. Relaxation remains
inappropriate as price is nearing QTI Yellow, but it did bounce strongly
north after a nearly contacting last week and continuing that this week.
Its Force is increasing but will consume quite a bit of energy before
climbing above Pressure and into bullish domains.
The
Near-term Indicant signaled sell on Dec 12, 2011, as price fell below NTI
Green with declining Force in bearish domains. Dropping below Green did
not trigger a bullish response, which has been common since late 2008,
adding support to the near-term bearish pressure. It is down 3.0% since
that sell signal.
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 buy signals from the Near-term Indicant and Quick-term Indicant
on Wednesday. Short-term attributes shifted in support of TLT’s
bullishness. It is down 1.9% since those buy signals. The dollar is
expected to continue strengthening and this ETF tends to parallel that.
ETF#31-QID
received a buy signal from both the Near-term and Quick-term Indicant on
Dec 14, 2011 as Force crossed into bullish domains and above Vector
Pressure. It is down 1.8% since those buy signals. Declining Force is
discerning to the hold signal.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 19.3% since those sell signals. Its Force Vector is not
configured as contrarian, highlighting a confused stock market. It is a
Yellow Bear today with declining Force. However, it should be noted that
Force is at a common minimum point and nearing an absolute minimum.
Major ETF Events
Dec 21-Wed-Bull/bear
divergence continues as the stock market remains without apparent desire
to proceed in either direction. However, there were two more buy signals
today for ETF’s.
Dec 20-Tue-Strong
bullishness triggered three near-term buy signals as those three are the
only ones enjoying supporting Force.
Dec 19-Mon-There are
now no QTI Red Bulls, including contrarian ETF’s. This is favorable to the
stock market bear.
Current Strategy-Short-term Indicant-Dec 21, 2011-The
near-term bull cycle is under attack by bearish force. Continue not buying
any equity at this time, except those with buy signals. Establish relative
tight stop losses, until all non-contrarian ETF’s enjoy hold signals. The
stock market is enduring bearish convergence along the near-term cycle.
Reverse Tangential Projections
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.
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
12/21/2011
Dec 20, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 14 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
As stated yesterday,
a bullish spurt would not be surprising. Today’s bullish aggression
triggered three near-term buy signals. Those receiving buy signals enjoyed
Force Vector support. Those retaining avoid signals are still languishing
in bearish domains and with declining Pressure.
Until all
non-contrarian ETF’s are enjoying hold signals, consider all bullish
behavior as a mere spurt. Follow-on bearish behavior can wipe out bullish
spurt gains quickly, as you have seen since late September. All ETF’s
tracked on a daily basis are non-contrarian with the exception of those
contrarians that are discussed in this report.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
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 for only one of the non-contrarian
indices. It is the Dow Jones Utilities, which is up 0.8%, since its bull
signal 2.7-weeks ago. The remaining major indices are bears along the
near-term cycle. They include contrarian VIX. Combined, they are up by an
average of 0.5% since their near-term bear signals 1.0-weeks ago.
Contrarian VIX is down 24.2% since its bear signal on Nov 29, 2011.
The
Quick-term Indicant signaled no new bulls and no new bears.
Two
major indices (DJIA and DJU) are Quick-term Bulls. They are up by an
average of 0.8% since their QTI Bull signals 2.7-weeks ago. The remaining
major indices, including contrarian VIX, are up by an average of 0.3%
since their bear signals an average of 1.1-weeks ago. Contrarian VIX is
down 24.2% since its QTI Bear signal on Nov 29, 2011.
Indicant Volume Indicators
No changes to this
paragraph for several weeks. Both IVI’s sloped downward on recent
bullishness, which suggests a lack of bullish inspiration. This is
troubling. Adding to that concern is the NASDAQ’s IVI falling into low
interest domains during the current near-term bull cycle. The NYSE
recently did the same. Some of that, however, is due to seasonal volume.
Recent bearish behavior has been more supported with volume than recent
bullish behavior.
Dec 20-Tue-Average
volume, coupled with strong bullish behavior, is interesting, but
certainly not confirming more of the same.
Dec 19-Mon-Volume was
below average on bearish behavior, offering nothing.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated three buy signals and no sell signals.
The
Near-term Indicant is signaling hold for five-ETF’s. They are down by an
average of 0.4% since their buy signals an average of 2.0-weeks ago.
The
NTI is avoiding 24-ETF’s. They are up by an average of 1.0% since their
sell signals an average of 0.9-weeks ago.
The
Quick-term Indicant generated one buy signal and no sell signals.
The
Quick-term Indicant is signaling hold for eleven-ETF’s. They are up by an
average of 10.7% since their buy signals an average of 19.8-weeks ago.
This annualizes at 28.2%.
The
Quick-term Indicant is avoiding 20-ETFs. They are up by an average of 0.5%
since the QTI sell signals an average of 2.1-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell this past
Wednesday, as Force fell below Pressure and into bearish domains. It is
down 1.5% since those sell signals. Force continues to decrease. Price is
bouncing off QTI bearish yellow curve. That should be encouraging to the
petro-bull but until Force crosses into bullish domains, it is just noise.
ETF#11-Gold and Precious Metals
is
up 94.6% 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 $151.84. QTI-Yellow was flat last
week for the first time in over three years. Relaxation remains
inappropriate as price is nearing QTI Yellow, but it did bounce strongly
north after a nearly contacting last week. It did so again today.
The
Near-term Indicant signaled sell on Dec 12, 2011, as price fell below NTI
Green with declining Force in bearish domains. Dropping below Green did
not trigger a bullish response, which has been common since late 2008,
adding support to the near-term bearish pressure. It is down 3.1% since
that sell signal.
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 buy signals from the Near-term Indicant and Quick-term Indicant
on Wednesday. Short-term attributes shifted in support of TLT’s
bullishness. It is down 0.5% since those buy signals. The dollar is
expected to continue strengthening and this ETF tends to parallel that. It
was strongly contrarian today.
ETF#31-QID
received a buy signal from both the Near-term and Quick-term Indicant on
Dec 14, 2011 as Force crossed into bullish domains and above Vector
Pressure. It is down 4.5% since those buy signals. It was strongly bearish
today, but no sell signal until Force dips below Pressure. Pressure
climbed into bullish domains today, suggesting the stock market bear is
only being amused at this point.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 13.4% since those sell signals. Its Force Vector is not
configured as contrarian, highlighting a confused stock market. It became
a Yellow Bear today with declining Force.
Major ETF Events
Dec 20-Tue-Strong
bullishness triggered three near-term buy signals as those three are the
only ones enjoying supporting Force.
Dec 19-Mon-There are
now no QTI Red Bulls, including contrarian ETF’s. This is favorable to the
stock market bear.
Current Strategy-Short-term Indicant-Dec 20, 2011-The
near-term bull cycle is under attack by bearish force. Continue not buying
any equity at this time, except those with buy signals. Establish
relative tight stop losses, until all non-contrarian ETF’s enjoy hold
signals. The stock market is enduring bearish convergence along the
near-term cycle.
Reverse Tangential Projections
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.
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
12/20/2011
Dec 19, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 13 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
Technically, the
stock market is converging with conflicting short-term attributes. The
VIX is below NTI Green, where VIX non-bearishness occurs. That is a
non-bullish configuration for the stock market. On the other hand, the
stock market is configuring as over-sold. That invokes stock market
bullishness even if only a spurt of short-term duration of five to twelve
days.
One has to wonder if
European leaders are buying options the day before they are going to make
a public announcement. Unfavorable commentary would be preceded with
put-buys and favorable comments would be preceded with buying buys. Those
European politicians are not non-evil. Congressmen do it, so why not
everyone else in the so-called elite class around the world. At any rate,
corporate fundamentals or even technical configurations are not
influencing the stock market’s directional intensity.
The stock market
continues to react to European news, where nothing economically great has
occurred for over a hundred years. Configurations remain in support of the
stock market bear, even though a bullish spurt would not be surprising.
The Mid-term cycle is
more stable than the shorter-term cycles. The Mid-term cycle is configured
in support of the stock market bear.
GLD also appears
oversold, but it marches to its own drumbeat. As the European lazy methods
for generations are nearing a conclusion, the Far East is enduring slowing
growth. Gold and the greenback compete as being the most secure
possession. If demand chases the dollar, it will strengthen. That will
cause the price of gold in U.S. dollars to fall. However, if gold becomes
the predominant escape to safety, it will skyrocket. Its Force Vector is
below a common bottom and price is nearing QTI Yellow, which should
encourage the gold bull to make a statement.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
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 for only one of the non-contrarian
indices. It is the Dow Jones Utilities, which is down 1.4%, since its bull
signal 2.6-weeks ago. The remaining major indices are bears along the
near-term cycle. They include contrarian VIX. Combined, they are down 1.9%
since their near-term bear signals 0.9-weeks ago. Contrarian VIX is down
18.7% since its bear signal on Nov 29, 2011.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
DJIA continues with its bull signal, in addition to Utilities. So, at this
time, the stock market is without directional intensity. Two major indices
(DJIA and DJU) are Quick-term Bulls. They are down by an average of 1.7%
since their QTI Bull signals 2.6-weeks ago. The remaining major indices,
including contrarian VIX, are down 2.0% since their bear signals an
average of 0.9-weeks ago. Contrarian VIX is down 18.7% since its QTI Bear
signal on Nov 29, 2011.
Indicant Volume Indicators
No changes to this
paragraph for several weeks. Both IVI’s sloped downward on recent
bullishness, which suggests a lack of bullish inspiration. This is
troubling. Adding to that concern is the NASDAQ’s IVI falling into low
interest domains during the current near-term bull cycle. The NYSE
recently did the same. Some of that, however, is due to seasonal volume.
Dec 19-Mon-Volume was
below average on bearish behavior, offering nothing.
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 five-ETF’s. They are down by an
average of 0.7% since their buy signals an average of 1.8-weeks ago.
The
NTI is avoiding 27-ETF’s. They are down by an average of 1.5% since their
sell signals an average of 0.7-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for eleven-ETF’s. They are up by an
average of 8.9% since their buy signals an average of 19.6-weeks ago. This
annualizes at 23.5%.
The
Quick-term Indicant is avoiding 21-ETFs. They are down 2.0% since the QTI
sell signals an average of 1.9-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell this past
Wednesday, as Force fell below Pressure and into bearish domains. It is
down 1.5% since those sell signals. Force continues to decrease. Price is
approaching QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 92.0% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 30.0%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $151.84. QTI-Yellow was flat last
week for the first time in over three years. Relaxation remains
inappropriate as price is nearing QTI Yellow, but it did bounce strongly
north after a nearly contacting last week.
The
Near-term Indicant signaled sell on Dec 12, 2011, as price fell below NTI
Green with declining Force in bearish domains. Dropping below Green did
not trigger a bullish response, which has been common since late 2008,
adding support to the near-term bearish pressure. It is down 4.4% since
that sell signal.
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 buy signals from the Near-term Indicant and Quick-term Indicant
on Wednesday. Short-term attributes shifted in support of TLT’s
bullishness. It is up 2.1% since those buy signals, annualizing at 148.9%.
The dollar is expected to continue strengthening and this ETF tends to
parallel that.
ETF#31-QID
received a buy signal from both the Near-term and Quick-term Indicant on
Dec 14, 2011 as Force crossed into bullish domains and above Vector
Pressure. It is up 1.5% since those buy signals, annualizing at 108.3%.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 7.7% since those sell signals. Its Force Vector is not
configured as contrarian, highlighting a confused stock market.
Major ETF Events
Dec 19-Mon-There are
now no QTI Red Bulls, including contrarian ETF’s. This is favorable to the
stock market bear.
Current Strategy-Short-term Indicant-Dec 19, 2011-The
near-term bull cycle is under attack by bearish force. Continue not buying
any equity at this time. The stock market is enduring bearish convergence
along the near-term cycle. Force Vector are increasingly in support of
near-term bearishness. Most prices are above QTI Bearish Yellow, offering
a source of potential resistance to stock market bearishness. Interaction
with QTI Yellow will be interesting.
Reverse Tangential Projections
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.
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
12/19/2011
Dec 16, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 12 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
The VIX is
configuring in favor of non-bearishness. That does not mean it is about to
become bullish and it can retain bearish configurations, but not deep
diving performance. This, in part, is influencing the predominant bear
signals.
The
Dow Transport Index is threatening bearish bias. Its Force Vector
configured as if it bottomed. Nearly all non-contrarian Force Vectors are
cyclically mature, suggesting potential non-bearishness. That reversal
process occurs at one index first. Maybe the DJT is it.
ETF#11-GLD bounced nicely off QTI-Yellow this Friday after a
near-miss. Gold’s Force Vector is maturing, which should discourage the
gold bear.
Remaining is a
confused stock market. Contrarian and non-contrarian securities and major
indices remain with a smorgasbord of bullish and bearish attributes.
This week’s
bearishness triggered a few Mid-term Bear signals and sell signals. That
is unfavorable to those desiring the normalcy of the heart and soul of
bullish seasonality.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
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 for only one of the non-contrarian
indices. It is the Dow Jones Utilities, which is down 0.4%, since its bull
signal 2.1-weeks ago. The remaining major indices are bears along the
near-term cycle. They include contrarian VIX. Combined, they are down 0.9%
since their near-term bear signals 0.5-weeks ago. Contrarian VIX is down
20.7% since its bear signal on Nov 29, 2011.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
DJIA retained its bull signal. So, at this time, the stock market is
without directional intensity. Two major indices (DJIA and DJU) are
Quick-term Bulls. They are down 0.9% since their QTI Bull signals
2.1-weeks ago. The remaining major indices, including contrarian VIX, are
down 0.9% since their bear signals an average of 0.5-weeks ago. Contrarian
VIX is down 20.7% since its QTI Bear signal on Nov 29, 2011.
Indicant Volume Indicators
Both IVI’s sloped
downward on recent bullishness, which suggests a lack of bullish
inspiration. This is troubling. Adding to that concern is the NASDAQ’s IVI
falling into low interest domains during the current near-term bull cycle.
The NYSE recently did the same. Some of that, however, is due to seasonal
volume.
Dec 16-Fri-Aggressive
volume on flat behavior on an options expiration Friday means nothing.
Dec 15-Thu-Volume was
below average today, offering no inspiration to the bull.
Dec 14-Wed-Volume was
again a little above recent averages on bearish aggression, adding support
to the stock market bear.
Dec 13-Tue-Volume was
a little above average on bearish behavior, offering mild support to
bearish ambition.
Dec 12-Mon-Volume on
bearish aggression was about same as last Friday’s on bullish aggression.
The stock market is not getting much support for its popcorn behavior,
while continuing to do so.
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 five-ETF’s. They are down by an
average of 0.6% since their buy signals an average of 1.4-weeks ago.
The
NTI is avoiding 27-ETF’s. They are down by an average of 0.2% since their
sell signals an average of 0.4-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for eleven-ETF’s. They are up by an
average of 9.5% since their buy signals an average of 19.2-weeks ago. This
annualizes at 25.6%.
The
Quick-term Indicant is avoiding 21-ETFs. They are down 0.6% since the QTI
sell signals an average of 1.4-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell this past
Wednesday, as Force fell below Pressure and into bearish domains. It is up
0.2% since that sell signal. Force continues to decrease.
ETF#11-Gold and Precious Metals
is
up 92.5% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 30.3%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $151.83. QTI-Yellow was flat
today for the first time in over three years. Relaxation remains
inappropriate as price is nearing QTI Yellow, but it did bounce strongly
north today after a near-miss yesterday.
The
Near-term Indicant signaled sell this past Tuesday, as price fell below
NTI Green with declining Force in bearish domains. Dropping below Green
did not trigger a bullish response, which has been common since late 2008,
adding support to the near-term bearish pressure. It is down 4.2% since
that sell signal.
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 buy signals from the Near-term Indicant and Quick-term Indicant
on Wednesday. Short-term attributes shifted in support of TLT’s
bullishness. It is up 0.8% since those buy signals, annualizing at 142.4%.
ETF#31-QID
received a buy signal from both the Near-term and Quick-term Indicant on
Wednesday as Force crossed into bullish domains and above Vector Pressure.
It is down 0.3% since those buy signals.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 6.7% since those sell signals. Its Force Vector is not
configured as contrarian, highlighting a confused stock market.
Major ETF Events
Dec 16-Fri-None
Dec 15-Thu-The
Near-term Indicant signaled bear along, while the DJIA Quick-term Indicant
retained a bull signal.
Dec 14-Wed-There were
several more sell signals, as prices fell below NTI Blue in conjunction
with Force falling below Pressure and into bearish domains.
Dec 13-Tue-There were
two more Near-term sell signals, in addition to more threatening
Quick-term sell signals. Some Force Vectors fell into bearish domains.
Dec 12-Mon-Some
near-term sell signals were triggered today for ETF’s, while the major
indices did not incur bear signals. The VIX and Gold were not contrarian
today, suggesting stock market confusion.
Current Strategy-Short-term Indicant-Dec 16, 2011-The
near-term bull cycle is under attack by bearish force. Do not buy any
equity at this time. The stock market is enduring bearish convergence
along the near-term cycle. Force Vector are increasingly in support of
near-term bearishness. Most prices are above QTI Bearish Yellow, offering
a source of potential resistance to stock market bearishness. Interaction
with QTI Yellow will be interesting.
Reverse Tangential Projections
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.
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
12/16/2011
Dec 15, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 11 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
Stock market Force
continues dropping. Many fell into bearish domains and below this past
Wednesday, triggering several sell signals. However, there were no
additional sell signals today, but the DJIA endured a Near-term bear
signal today.
Interestingly, purely
contrarian indices, such as the VIX, are not configuring in support of
stock market bearishness. The Dow Utilities is still retaining Near-term
and Quick-term bull signals. These attributes offer mild hope for the
heart and soul of bullish seasonality to still have a chance to manifest.
The Quick-term
bearish yellow curve still offers some potential resistance to bearish
ambition. However, buying anything at this time is inappropriate.
Keep in mind, the
Mid-term cycle will support bearish behavior if the stock market remains
bearish this week.
It is important to
refrain from any buying at this time.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and one new bear.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for only one of the non-contrarian
indices. It is the Dow Jones Utilities, which is down 0.3%, since its bull
signal 2.0-weeks ago. The remaining major indices are bears along the
near-term cycle. They include contrarian VIX. Combined, they are down 1.3%
since their near-term bear signals 0.4-weeks ago. Contrarian VIX is down
18.0% since its bear signal on Nov 29, 2011.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
DJIA retained its bull signal. So, at this time, the stock market is
without directional intensity. Two major indices are Quick-term Bulls.
They are down 0.8% since their QTI Bull signals 2.0-weeks ago. The remain
major indices, including contrarian VIX, are down 1.3% since their bear
signals an average of 0.4-weeks ago. Contrarian VIX is down 18.0% since
its QTI Bear signal on Nov 29, 2011.
Indicant Volume Indicators
Both IVI’s sloped
downward on recent bullishness, which suggests a lack of bullish
inspiration. This is troubling. Adding to that concern is the NASDAQ’s IVI
falling into low interest domains during the current near-term bull cycle.
The NYSE recently did the same. Some of that, however, is due to seasonal
volume.
Dec 15-Thu-Volume was
below average today, offering no inspiration to the bull.
Dec 14-Wed-Volume was
again a little above recent averages on bearish aggression, adding support
to the stock market bear.
Dec 13-Tue-Volume was
a little above average on bearish behavior, offering mild support to
bearish ambition.
Dec 12-Mon-Volume on
bearish aggression was about same as last Friday’s on bullish aggression.
The stock market is not getting much support for its popcorn behavior,
while continuing to do so.
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 five-ETF’s. They are down by an
average of 0.6% since their buy signals an average of 1.3-weeks ago.
The
NTI is avoiding 27-ETF’s. They are down by an average of 0.4% since their
sell signals an average of 0.2-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for eleven-ETF’s. They are up by an
average of 9.1% since their buy signals an average of 19.1-weeks ago. This
annualizes at 24.9%.
The
Quick-term Indicant is avoiding 21-ETFs. They are down 0.8% since the QTI
sell signals an average of 1.3-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell this past
Wednesday, as Force fell below Pressure and into bearish domains. It is
down 0.4% since that sell signal. Force continues to decrease.
ETF#11-Gold and Precious Metals
is
up 88.9% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 29.1%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $151.83 and still rising, but
slowing. Relaxation remains inappropriate as price is nearing QTI Yellow.
The
Near-term Indicant signaled sell this past Tuesday, as price fell below
NTI Green with declining Force in bearish domains. Dropping below Green
did not trigger a bullish response, which has been common since late 2008,
adding support to the near-term bearish pressure. It is down 6.0% since
that sell signal.
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 buy signals from the Near-term Indicant and Quick-term Indicant
on Wednesday. Short-term attributes shifted in support of TLT’s
bullishness.
ETF#31-QID
received a buy signal from both the Near-term and Quick-term Indicant on
Wednesday as Force crossed into bullish domains and above Vector Pressure.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 6.4% since those sell signals. Its Force Vector is not
configured as contrarian highlighting a confused stock market.
Major ETF Events
Dec 15-Thu-The
Near-term Indicant signaled bear along, while the DJIA Quick-term Indicant
retained a bull signal.
Dec 14-Wed-There were
several more sell signals, as prices fell below NTI Blue in conjunction
with Force falling below Pressure and into bearish domains.
Dec 13-Tue-There were
two more Near-term sell signals, in addition to more threatening
Quick-term sell signals. Some Force Vectors fell into bearish domains.
Dec 12-Mon-Some
near-term sell signals were triggered today for ETF’s, while the major
indices did not incur bear signals. The VIX and Gold were not contrarian
today, suggesting stock market confusion.
Current Strategy-Short-term Indicant-Dec 15, 2011-The
near-term bull cycle is under attack by bearish force. Do not buy any
equity at this time. The stock market is enduring bearish convergence
along the near-term cycle. Force Vector are increasingly in support of
near-term bearishness. Most prices are above QTI Bearish Yellow in most
cases offering a source of potential resistance to stock market
bearishness. Interaction with QTI Yellow will be interesting.
Reverse Tangential Projections
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.
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
12/13/2011
Dec 13, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 09 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Dear
Member:
If
you prefer to view the charts directly from this email, additional links
are at the bottom of this report. The embedded links in the article work
better if clicked from the website. If you prefer to read this report on
the web site, please click the following link. It is for members, only.
You will need to have your User Id and Password to access it.
http://www.indicant.net/Members/Updates/Current%20Issues/QTCI.htm
To
read daily reports for the past twelve months, please click the following
link:
http://www.indicant.net/Non-Members/Back%20Issues/A%20Reports.htm
Today's Report
Short-term Indicant Stock Market Report – Summary
Some Force Vectors
fell into bearish domains, adding bearish support along the short-term
cycle. VIX was again not contrarian. However, the VIX is nearing its
minimum, hugging NTI Green. It rarely falls below NTI Green very much. All
of this is unfavorable to bullish ambition.
Even gold is weak and
approaching QTI Bearish Yellow Curve. It did not get a bullish bounce
after falling below NTI Green. The last QTI transaction was the buy signal
in late 2008. Gold’s bearishness has correlated with overall bearishness
the past several years. If it contacts Yellow in the current near-term
bear cycle, the response will be interesting. An absence of a bullish
response will encourage the stock market bear.
Keep in mind, the
Mid-term cycle will support bearish behavior if the stock market remains
bearish this week.
It is important to
refrain from any buying at this time.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
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 for all eleven non-contrarian
indices. They are down by an average of 1.5%, since their bull signals
1.7-weeks ago. The lone bear is contrarian VIX, which is down 17.1% since
the near-term bear signal 1.7-weeks ago. Its Force must climb above
Pressure before signaling bull. The VIX was not contrarian on stock market
bearish behavior the past two days.
The
Quick-term Indicant signaled no new bulls and no new bears.
All
eleven non-contrarian indices have a bull signal from the same dates as
the Near-term Indicant. The lone QTI bear is contrarian VIX. Performance
levels are the same as the Near-term Indicant.
Indicant Volume Indicators
Both IVI’s sloped
downward on recent bullishness, which suggests a lack of bullish
inspiration. This is troubling. Adding to that concern is the NASDAQ’s IVI
falling into low interest domains during the current near-term bull cycle.
The NYSE recently did the same. Some of that, however, is due to seasonal
volume.
Dec 13-Tue-Volume was
a little above average on bearish behavior, offering mild support to
bearish ambition.
Dec 12-Mon-Volume on
bearish aggression was about same as last Friday’s on bullish aggression.
The stock market is not getting much support for its popcorn behavior,
while continuing to do so.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and two sell signals.
The
Near-term Indicant is signaling hold for 23-ETF’s. They are down by an
average of 1.5% since their buy signals an average of 1.8-weeks ago.
The
NTI is avoiding seven-ETF’s. They are down by an average of 0.3% since
their sell signals an average of 1.6-weeks ago. Three of the seven are
contrarian and their Force Vectors are rising. However, they have not
qualified for buy signals yet; mostly due to Force continued residence in
bearish domains.
The
Quick-term Indicant generated no buy signals and two sell signals.
The
Quick-term Indicant is signaling hold for 21-ETF’s. They are up by an
average of 4.1% since their buy signals an average of 10.9-weeks ago. This
annualizes at 19.5%.
The
Quick-term Indicant is avoiding nine-ETFs. They are down 0.5% since the
QTI sell signals an average of 2.9-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled buy on Dec 1, 2011. It
is down 3.6% since those buy signals. Its declining Force fell below
Pressure yesterday and fell into bearish domains today. A sell signal is
nearing. Just a bit more bearish unanimity is needed before generating a
sell signal.
ETF#11-Gold and Precious Metals
is
up 96.5% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 31.7%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $151.81 and still rising.
Relaxation remains in order, since your buy price approximates $80.65
versus today’s closing price of $158.45. The Quick-term Indicant will not
signal sell until interaction with QTI Yellow Curve. That is now
threatening.
The
Near-term Indicant signaled sell today, as price fell below NTI Green with
declining Force in bearish domains. It, like the VIX, was not contrarian
today and yesterday. Dropping below Green did not trigger a bullish
response, adding support to the near-term bearish pressure.
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 sell signals from the Near-term Indicant and Quick-term Indicant
on Dec 1, 2011. It is up 1.8% since then. It is not configured with strong
support for avoiding. The sell signal was stimulated by stock market
bullishness and this ETF’s contrarian nature. It will receive a buy signal
once its Force crosses above Pressure and into bullish domains, as long as
its price holds above NTI Blue.
ETF#31-QID
received a sell signal from both the Near-term and Quick-term Indicant on
Dec 1, 2011. It is up 3.3% since those sell signals. When its Force
crosses above Pressure, a buy signal will be triggered if the other
short-term attributes remain in support of that buy. It is nearing that
configuration, now.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 2.9% since those sell signals. Its Force cycle was at a common
minimum last Wednesday and profoundly bullish last Thursday. It was
decisively bearish last Friday and mildly bullish today. Its Force Vector
is a bit lazy in bearish domains.
Major ETF Events
Dec 13-Tue-There were
two more Near-term sell signals, in addition to more threatening
Quick-term sell signals. Some Force Vectors fell into bearish domains.
Dec 12-Mon-Some
near-term sell signals were triggered today for ETF’s, while the major
indices did not incur bear signals. The VIX and Gold were not contrarian
today, suggesting stock market confusion.
Current Strategy-Short-term Indicant-Dec 12, 2011-The
near-term bull cycle is under attack by bearish force. Do not buy any
equity at this time. The stock market is enduring bearish convergence
along the near-term cycle. Force Vector behavior will offer greater
clarity on directional intensity by tomorrow or possibly by Wednesday.
Reverse Tangential Projections
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.
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
12/15/2011
Dec 14, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 10 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
Stock market Force
continues dropping. Many fell into bearish domains and below Pressure
today. This triggered several sell signals today.
The Quick-term
bearish yellow curve still offers some potential resistance to bearish
ambition. However, buying anything at this time is inappropriate.
Keep in mind, the
Mid-term cycle will support bearish behavior if the stock market remains
bearish this week.
It is important to
refrain from any buying at this time.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and nine new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for two non-contrarian indices. They
are down by an average of 1.6%, since their bull signals 1.9-weeks ago.
The lone bear is contrarian VIX, which is down 15.0% since the near-term
bear signal 1.7-weeks ago. The new bears will be included in tomorrow’s
statistics. Its Force must climb above Pressure before signaling bull. The
VIX was not contrarian on stock market bearish behavior the past three
days, although asynchronously and mildly bullish today.
The
Quick-term Indicant signaled no new bulls and nine new bears.
The
Quick-term performance levels are the same as the Near-term’s, above.
Indicant Volume Indicators
Both IVI’s sloped
downward on recent bullishness, which suggests a lack of bullish
inspiration. This is troubling. Adding to that concern is the NASDAQ’s IVI
falling into low interest domains during the current near-term bull cycle.
The NYSE recently did the same. Some of that, however, is due to seasonal
volume.
Dec 14-Wed-Volume was
again a little above recent averages on bearish aggression, adding support
to the stock market bear.
Dec 13-Tue-Volume was
a little above average on bearish behavior, offering mild support to
bearish ambition.
Dec 12-Mon-Volume on
bearish aggression was about same as last Friday’s on bullish aggression.
The stock market is not getting much support for its popcorn behavior,
while continuing to do so.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated two buy signals and 20-sell signals.
The
Near-term Indicant is signaling hold for three-ETF’s. They are down by an
average of 1.9% since their buy signals an average of 1.9-weeks ago.
The
NTI is avoiding seven-ETF’s. They are down by an average of 2.2% since
their sell signals an average of 0.5-weeks ago.
The
Quick-term Indicant generated two-buy signals and 12-sell signals.
The
Quick-term Indicant is signaling hold for nine-ETF’s. They are up by an
average of 10.4% since their buy signals an average of 2.7-weeks ago. This
annualizes at 23.3%.
The
Quick-term Indicant is avoiding nine-ETFs. They are down 1.9% since the
QTI sell signals an average of 2.7-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled sell today, as Force
fell below Pressure and into bearish domains.
ETF#11-Gold and Precious Metals
is
up 89.6% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 29.4%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $151.82 and still rising, but
slowing. Relaxation is no longer appropriate in order, since your buy price
approximates $80.65 versus today’s closing price of $152.89. The
Quick-term Indicant will not signal sell until interaction with QTI Yellow
Curve. That is now threatening.
The
Near-term Indicant signaled sell this past Tuesday, as price fell below
NTI Green with declining Force in bearish domains. Dropping below Green
did not trigger a bullish response, which has been common since late 2008,
adding support to the near-term bearish pressure.
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 buy signals from the Near-term Indicant and Quick-term Indicant
today. Short-term attributes shifted in support of TLT’s bullishness.
ETF#31-QID
received a buy signal from both the Near-term and Quick-term Indicant
today.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 2.5% since those sell signals. Its Force cycle was at a common
minimum last Wednesday and profoundly bullish last Thursday. It was
decisively bearish last Friday and mildly bullish today. Its Force Vector
is a bit lazy in bearish domains, but nearing a buy signal.
Major ETF Events
Dec 14-Wed-There were
several more sell signals, as prices fell below NTI Blue in conjunction
with Force falling below Pressure and into bearish domains.
Dec 13-Tue-There were
two more Near-term sell signals, in addition to more threatening
Quick-term sell signals. Some Force Vectors fell into bearish domains.
Dec 12-Mon-Some
near-term sell signals were triggered today for ETF’s, while the major
indices did not incur bear signals. The VIX and Gold were not contrarian
today, suggesting stock market confusion.
Current Strategy-Short-term Indicant-Dec 13, 2011-The
near-term bull cycle is under attack by bearish force. Do not buy any
equity at this time. The stock market is enduring bearish convergence
along the near-term cycle. Force Vector are increasingly in support of
near-term bearishness. Most prices are above QTI Bearish Yellow in most
cases offering a source of significant resistance to bearish behavior.
Interaction with QTI Yellow will be interesting.
Reverse Tangential Projections
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.
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
12/13/2011
Dec 13, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 09 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Dear
Member:
If
you prefer to view the charts directly from this email, additional links
are at the bottom of this report. The embedded links in the article work
better if clicked from the website. If you prefer to read this report on
the web site, please click the following link. It is for members, only.
You will need to have your User Id and Password to access it.
http://www.indicant.net/Members/Updates/Current%20Issues/QTCI.htm
To
read daily reports for the past twelve months, please click the following
link:
http://www.indicant.net/Non-Members/Back%20Issues/A%20Reports.htm
Today's Report
Short-term Indicant Stock Market Report – Summary
Some Force Vectors
fell into bearish domains, adding bearish support along the short-term
cycle. VIX was again not contrarian. However, the VIX is nearing its
minimum, hugging NTI Green. It rarely falls below NTI Green very much. All
of this is unfavorable to bullish ambition.
Even gold is weak and
approaching QTI Bearish Yellow Curve. It did not get a bullish bounce
after falling below NTI Green. The last QTI transaction was the buy signal
in late 2008. Gold’s bearishness has correlated with overall bearishness
the past several years. If it contacts Yellow in the current near-term
bear cycle, the response will be interesting. An absence of a bullish
response will encourage the stock market bear.
Keep in mind, the
Mid-term cycle will support bearish behavior if the stock market remains
bearish this week.
It is important to
refrain from any buying at this time.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
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 for all eleven non-contrarian
indices. They are down by an average of 1.5%, since their bull signals
1.7-weeks ago. The lone bear is contrarian VIX, which is down 17.1% since
the near-term bear signal 1.7-weeks ago. Its Force must climb above
Pressure before signaling bull. The VIX was not contrarian on stock market
bearish behavior the past two days.
The
Quick-term Indicant signaled no new bulls and no new bears.
All
eleven non-contrarian indices have a bull signal from the same dates as
the Near-term Indicant. The lone QTI bear is contrarian VIX. Performance
levels are the same as the Near-term Indicant.
Indicant Volume Indicators
Both IVI’s sloped
downward on recent bullishness, which suggests a lack of bullish
inspiration. This is troubling. Adding to that concern is the NASDAQ’s IVI
falling into low interest domains during the current near-term bull cycle.
The NYSE recently did the same. Some of that, however, is due to seasonal
volume.
Dec 13-Tue-Volume was
a little above average on bearish behavior, offering mild support to
bearish ambition.
Dec 12-Mon-Volume on
bearish aggression was about same as last Friday’s on bullish aggression.
The stock market is not getting much support for its popcorn behavior,
while continuing to do so.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and two sell signals.
The
Near-term Indicant is signaling hold for 23-ETF’s. They are down by an
average of 1.5% since their buy signals an average of 1.8-weeks ago.
The
NTI is avoiding seven-ETF’s. They are down by an average of 0.3% since
their sell signals an average of 1.6-weeks ago. Three of the seven are
contrarian and their Force Vectors are rising. However, they have not
qualified for buy signals yet; mostly due to Force continued residence in
bearish domains.
The
Quick-term Indicant generated no buy signals and two sell signals.
The
Quick-term Indicant is signaling hold for 21-ETF’s. They are up by an
average of 4.1% since their buy signals an average of 10.9-weeks ago. This
annualizes at 19.5%.
The
Quick-term Indicant is avoiding nine-ETFs. They are down 0.5% since the
QTI sell signals an average of 2.9-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled buy on Dec 1, 2011. It
is down 3.6% since those buy signals. Its declining Force fell below
Pressure yesterday and fell into bearish domains today. A sell signal is
nearing. Just a bit more bearish unanimity is needed before generating a
sell signal.
ETF#11-Gold and Precious Metals
is
up 96.5% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 31.7%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $151.81 and still rising.
Relaxation remains in order, since your buy price approximates $80.65
versus today’s closing price of $158.45. The Quick-term Indicant will not
signal sell until interaction with QTI Yellow Curve. That is now
threatening.
The
Near-term Indicant signaled sell today, as price fell below NTI Green with
declining Force in bearish domains. It, like the VIX, was not contrarian
today and yesterday. Dropping below Green did not trigger a bullish
response, adding support to the near-term bearish pressure.
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 sell signals from the Near-term Indicant and Quick-term Indicant
on Dec 1, 2011. It is up 1.8% since then. It is not configured with strong
support for avoiding. The sell signal was stimulated by stock market
bullishness and this ETF’s contrarian nature. It will receive a buy signal
once its Force crosses above Pressure and into bullish domains, as long as
its price holds above NTI Blue.
ETF#31-QID
received a sell signal from both the Near-term and Quick-term Indicant on
Dec 1, 2011. It is up 3.3% since those sell signals. When its Force
crosses above Pressure, a buy signal will be triggered if the other
short-term attributes remain in support of that buy. It is nearing that
configuration, now.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 2.9% since those sell signals. Its Force cycle was at a common
minimum last Wednesday and profoundly bullish last Thursday. It was
decisively bearish last Friday and mildly bullish today. Its Force Vector
is a bit lazy in bearish domains.
Major ETF Events
Dec 13-Tue-There were
two more Near-term sell signals, in addition to more threatening
Quick-term sell signals. Some Force Vectors fell into bearish domains.
Dec 12-Mon-Some
near-term sell signals were triggered today for ETF’s, while the major
indices did not incur bear signals. The VIX and Gold were not contrarian
today, suggesting stock market confusion.
Current Strategy-Short-term Indicant-Dec 12, 2011-The
near-term bull cycle is under attack by bearish force. Do not buy any
equity at this time. The stock market is enduring bearish convergence
along the near-term cycle. Force Vector behavior will offer greater
clarity on directional intensity by tomorrow or possibly by Wednesday.
Reverse Tangential Projections
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.
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
12/14/2011
Dec 13, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 09 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
Some Force Vectors
fell into bearish domains, adding bearish support along the short-term
cycle. VIX was again not contrarian. However, the VIX is nearing its
minimum, hugging NTI Green. It rarely falls below NTI Green very much. All
of this is unfavorable to bullish ambition.
Even gold is weak and
approaching QTI Bearish Yellow Curve. It did not get a bullish bounce
after falling below NTI Green. The last QTI transaction was the buy signal
in late 2008. Gold’s bearishness has correlated with overall bearishness
the past several years. If it contacts Yellow in the current near-term
bear cycle, the response will be interesting. An absence of a bullish
response will encourage the stock market bear.
Keep in mind, the
Mid-term cycle will support bearish behavior if the stock market remains
bearish this week.
It is important to
refrain from any buying at this time.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
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 for all eleven non-contrarian
indices. They are down by an average of 1.5%, since their bull signals
1.7-weeks ago. The lone bear is contrarian VIX, which is down 17.1% since
the near-term bear signal 1.7-weeks ago. Its Force must climb above
Pressure before signaling bull. The VIX was not contrarian on stock market
bearish behavior the past two days.
The
Quick-term Indicant signaled no new bulls and no new bears.
All
eleven non-contrarian indices have a bull signal from the same dates as
the Near-term Indicant. The lone QTI bear is contrarian VIX. Performance
levels are the same as the Near-term Indicant.
Indicant Volume Indicators
Both IVI’s sloped
downward on recent bullishness, which suggests a lack of bullish
inspiration. This is troubling. Adding to that concern is the NASDAQ’s IVI
falling into low interest domains during the current near-term bull cycle.
The NYSE recently did the same. Some of that, however, is due to seasonal
volume.
Dec 13-Tue-Volume was
a little above average on bearish behavior, offering mild support to
bearish ambition.
Dec 12-Mon-Volume on
bearish aggression was about same as last Friday’s on bullish aggression.
The stock market is not getting much support for its popcorn behavior,
while continuing to do so.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and two sell signals.
The
Near-term Indicant is signaling hold for 23-ETF’s. They are down by an
average of 1.5% since their buy signals an average of 1.8-weeks ago.
The
NTI is avoiding seven-ETF’s. They are down by an average of 0.3% since
their sell signals an average of 1.6-weeks ago. Three of the seven are
contrarian and their Force Vectors are rising. However, they have not
qualified for buy signals yet; mostly due to Force continued residence in
bearish domains.
The
Quick-term Indicant generated no buy signals and two sell signals.
The
Quick-term Indicant is signaling hold for 21-ETF’s. They are up by an
average of 4.1% since their buy signals an average of 10.9-weeks ago. This
annualizes at 19.5%.
The
Quick-term Indicant is avoiding nine-ETFs. They are down 0.5% since the
QTI sell signals an average of 2.9-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled buy on Dec 1, 2011. It
is down 3.6% since those buy signals. Its declining Force fell below
Pressure yesterday and fell into bearish domains today. A sell signal is
nearing. Just a bit more bearish unanimity is needed before generating a
sell signal.
ETF#11-Gold and Precious Metals
is
up 96.5% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 31.7%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $151.81 and still rising.
Relaxation remains in order, since your buy price approximates $80.65
versus today’s closing price of $158.45. The Quick-term Indicant will not
signal sell until interaction with QTI Yellow Curve. That is now
threatening.
The
Near-term Indicant signaled sell today, as price fell below NTI Green with
declining Force in bearish domains. It, like the VIX, was not contrarian
today and yesterday. Dropping below Green did not trigger a bullish
response, adding support to the near-term bearish pressure.
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 sell signals from the Near-term Indicant and Quick-term Indicant
on Dec 1, 2011. It is up 1.8% since then. It is not configured with strong
support for avoiding. The sell signal was stimulated by stock market
bullishness and this ETF’s contrarian nature. It will receive a buy signal
once its Force crosses above Pressure and into bullish domains, as long as
its price holds above NTI Blue.
ETF#31-QID
received a sell signal from both the Near-term and Quick-term Indicant on
Dec 1, 2011. It is up 3.3% since those sell signals. When its Force
crosses above Pressure, a buy signal will be triggered if the other
short-term attributes remain in support of that buy. It is nearing that
configuration, now.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 2.9% since those sell signals. Its Force cycle was at a common
minimum last Wednesday and profoundly bullish last Thursday. It was
decisively bearish last Friday and mildly bullish today. Its Force Vector
is a bit lazy in bearish domains.
Major ETF Events
Dec 13-Tue-There were
two more Near-term sell signals, in addition to more threatening
Quick-term sell signals. Some Force Vectors fell into bearish domains.
Dec 12-Mon-Some
near-term sell signals were triggered today for ETF’s, while the major
indices did not incur bear signals. The VIX and Gold were not contrarian
today, suggesting stock market confusion.
Current Strategy-Short-term Indicant-Dec 12, 2011-The
near-term bull cycle is under attack by bearish force. Do not buy any
equity at this time. The stock market is enduring bearish convergence
along the near-term cycle. Force Vector behavior will offer greater
clarity on directional intensity by tomorrow or possibly by Wednesday.
Reverse Tangential Projections
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.
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
12/13/2011
Dec 12, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 08 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report – Summary
Force Vectors remain
above Pressure and inside bullish domains for the major indices. Some
ETF’s lost those bullish attributes today. The stock market is confused.
VIX and gold were not contrarian on today’s bearish aggression. Do not buy
any equities until greater evidence of stock market directional intensity
manifests. Stock market Force continues to drop along the short-term
cycle. The lone Mid-term Indicant buy signal from this past weekend should
be controlled with a tight stop loss if you bought today; say 5% below
your buy price. Bullish bounces to European commentary is nonsensical.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
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 for all eleven non-contrarian
indices. They are down by an average of 0.5%, since their bull signals
1.6-weeks ago. The lone bear is contrarian VIX, which is down 15.9% since
the near-term bear signal 1.6-weeks ago. Its Force must climb above
Pressure before signaling bull. The VIX was not contrarian on today’s
stock market bearish behavior as it was equally bearish.
The
Quick-term Indicant signaled no new bulls and no new bears.
All
eleven non-contrarian indices have a bull signal from the same dates as
the Near-term Indicant. The lone QTI bear is contrarian VIX. Performance
levels are the same as the Near-term Indicant.
Indicant Volume Indicators
Both IVI’s sloped
downward on recent bullishness, which suggests a lack of bullish
inspiration. This is troubling. Adding to that concern is the NASDAQ’s IVI
falling into low interest domains during the current near-term bull cycle.
The NYSE recently did the same. Some of that, however, is due to seasonal
volume.
Dec 12-Mon-Volume on
bearish aggression was about same as last Friday’s on bullish aggression.
The stock market is not getting much support for its popcorn behavior,
while continuing to do so.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and three sell signals.
The
Near-term Indicant is signaling hold for 25-ETF’s. They are down by an
average of 0.6% since their buy signals an average of 1.6-weeks ago.
The
NTI is avoiding four-ETF’s. They are down by an average of 0.1% since
their sell signals an average of 2.5-weeks ago. Three of the four are
contrarian and their Force Vectors are rising. However, they have not
qualified for buy signals yet; mostly due to Force continued residence in
bearish domains.
The
Quick-term Indicant generated no buy signals and one sell signal.
The
Quick-term Indicant is signaling hold for 23-ETF’s. They are up by an
average of 4.7% since their buy signals an average of 10.0-weeks ago. This
annualizes at 24.5%.
The
Quick-term Indicant is avoiding eight-ETFs. They are down 0.1% since the
QTI sell signals an average of 3.1-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled buy on Dec 1, 2011. It
is down 2.7% since those buy signals. Its declining Force fell below
Pressure today, but still resides in bullish domains. The sell signal is
delayed due to Force’s proximity to bearish domains. Do not be surprised
at a sell signal tomorrow.
ETF#11-Gold and Precious Metals
is
up 100.9% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.1%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $151.75 and still rising.
Relaxation remains in order, since your buy price approximates $80.65
versus today’s closing price of $161.99. The Quick-term Indicant will not
signal sell until interaction with QTI Yellow Curve.
The
Near-term Indicant signaled sell today, as price fell below NTI Green with
declining Force in bearish domains. It, like the VIX, was not contrarian
today. It will be interesting if the drop below NTI Green triggers a
bullish response. If not, gold is in a bit of near-term trouble.
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 sell signals from the Near-term Indicant and Quick-term Indicant
on Dec 1, 2011. It is up 0.9% since then. It is not configured with strong
support for avoiding. The sell signal was stimulated by stock market
bullishness and this ETF’s contrarian nature. It will receive a buy signal
once its Force crosses above Pressure and into bullish domains, as long as
its price holds above NTI Blue.
ETF#31-QID
received a sell signal from both the Near-term and Quick-term Indicant on
Dec 1, 2011. It is up 1.1% since those sell signals. When its Force
crosses above Pressure, a buy signal will be triggered if the other
short-term attributes remain in support of that buy.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 2.4% since those sell signals. Its Force cycle was at a common
minimum last Wednesday and profoundly bullish last Thursday. It was
decisively bearish last Friday and mildly bullish today. Its Force Vector
is a bit lazy in bearish domains.
Major ETF Events
Dec 12-Mon-Some
near-term sell signals were triggered today for ETF’s, while the major
indices did not incur bear signals. The VIX and Gold were not contrarian
today, suggesting stock market confusion.
Current Strategy-Short-term Indicant-Dec 12, 2011-The
near-term bull cycle is under attack by bearish force. Do not buy any
equity at this time. The stock market is enduring bearish convergence
along the near-term cycle. Force Vector behavior will offer greater
clarity on directional intensity by tomorrow or possibly by Wednesday.
Reverse Tangential Projections
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.
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
12/12/2011
Dec 09, 2011 Indicant Daily Stock Market Report
Volume 12, Issue 07 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market
Report – Summary
Prices bounced back above NTI Blue today, subjecting stock market Force
Vectors to irrelevance, although remaining under intense surveillance.
Force continues supporting the stock market bear, but NTI Blue Bulls trump
all remaining short-term attributes.
The Mid-term Indicant remains unsupportive of either bull or bear with
mixed signaling. So, do not be surprised at continued stock market
volatility. If volatility occurs above NTI Blue or QTI Red, it will be
irrelevant because the bullish expressions will outweigh the bearish
expressions, fostering a continuation of the short-term bull cycle.
However, if that volatility occurs below NTI Green and/or QTI Yellow, the
bear will be further inspired by the fear element. The worse fear element
is fearing a stock market bear. Economic and political fears are miniscule
when compared to “bear fear.”
Somewhat encouraging to the stock market bull is the VIX’s NTI Bullish
Blue Curve’s collapse today. Right now, the “fear” of volatility is being
muted. It will be interesting if this collapse is countered with a
contrarian response by the VIX.
QTI Yellow has been somewhat of a lid, squashing bullish desires, while
simultaneously acting as a floor against bearish ambition.
As stated last Wednesday, ETN#32-VXX is on the verge of receiving a buy
signal. Its Pressure is positive, but its price remains below NTI Blue.
Force is nearing Pressure, but price still remains below NTI Blue.
Contrarian ETF#31-QID is similarly configured.
Near-term, Quick-term, Short-term
Indicant Stock Market Details
Index Report Card Summary
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 for all eleven non-contrarian
indices. They are up by an average of 0.9%, annualizing at 39.9%, since
their bull signals 1.1-weeks ago. The lone bear is contrarian VIX, which
is down 13.9% since the near-term bear signal 1.4-weeks ago. Its Force
must climb above Pressure before signaling bull.
The
Quick-term Indicant signaled no new bulls and no new bears.
All
eleven non-contrarian indices have a bull signal from the same dates as
the Near-term Indicant. The lone QTI bear is contrarian VIX. Performance
levels are the same as the Near-term Indicant.
Indicant Volume Indicators
Both IVI’s sloped downward on recent bullishness, which suggests a lack of
bullish inspiration. This is troubling. Adding to that concern is the
NASDAQ’s IVI falling into low interest domains during the current
near-term bull cycle. The NYSE recently did the same. Some of that,
however, is due to seasonal volume.
Dec 9-Fri-Low volume on herky-jerky Euro-bullish behavior is nothing.
Dec 8-Thu-Volume was unseasonably high on today’s bearish aggression. The
near-term baby bull is in trouble.
Dec 7-Wed-Very low volume again on flat behavior remains meaningless, but
starting to add to vulnerability to the baby near-term bull cycle.
Dec 6-Tue-Very low volume on flat behavior is also meaningless.
Dec 5-Mon-Below average volume on mild bullish behavior means little.
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 down by an
average of 0.8% since their buy signals an average of 1.4-weeks ago.
The
NTI is avoiding four-ETF’s. They are down by an average of 0.8% since
their sell signals an average of 2.1-weeks ago. Three of the four are
contrarian and their Force Vectors are rising. However, they have not
qualified for buy signals yet.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 24-ETF’s. They are up by an
average of 6.0% since their buy signals an average of 9.2-weeks ago. This
annualizes at 34.1%.
The
Quick-term Indicant is avoiding eight-ETFs. They are up .07% since the QTI
sell signals an average of 2.7-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Quick-term Indicant and Near-term Indicant signaled buy on Dec 1, 2011. It
is down 0.4% since those buy signals. Its declining Force remains above
Pressure and inside bullish domains. If Force falls below Pressure, a sell
signal will be triggered.
ETF#11-Gold and Precious Metals
is
up 106.3% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 35.0%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $151.64 and still rising.
Relaxation remains in order, since your buy price approximates $80.65
versus today’s closing price of $166.40. (Yesterday’s report erroneously
stated closing price at $169. It should have stated $165.98). The
Quick-term Indicant will not signal sell until interaction with QTI Yellow
Curve.
The
Near-term Indicant signaled buy on Oct 26, 2011, as Force catapulted
itself into bullish domains and above Pressure. It is down 0.6%, since
that buy signal. It will be interesting if this near-term bullish cycle
can hold up in the face of potential profit taking. NTI Green proved to be
a bullish bouncing point, suggesting a continuation of this near-term
bullish cycle. So far, it has been lazy, due to strengthening U.S. dollar
against pathetic world currencies. It is again very near NTI-Green. It
will be interesting if NTI-Green is again a bouncing point. Its Force is
now below Pressure and inside bearish domains. A near-term sell signal
will occur if price falls below Green with this weak Force.
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 sell signals from the Near-term Indicant and Quick-term Indicant
on Dec 1, 2011. It is down 0.2% since then. It is not configured with
strong support for its bearishness. The sell signal was stimulated by
stock market bullishness and this ETF’s contrarian nature. It will receive
a buy signal once its Force crosses above Pressure and into bullish
domains, as long as its price holds above NTI Blue.
ETF#31-QID
received a sell signal from both the Near-term and Quick-term Indicant on
Dec 1, 2011. Force is diving deeper into bearish domains and there are no
floors. It is down 1.1% since those sell signals. When its Force crosses
above Pressure, a buy signal will be triggered if the other short-term
attributes remain in support of that buy.
The
Quick-term and Near-term Indicant signaled sell on Nov 30, 2011 for
ETF#32-VXX.
It is down 2.9% since those sell signals. Its Force cycle was at a common
minimum last Wednesday and profoundly bullish this past Thursday. It was
decisively bearish today, but with rising Force which threatens its avoid
signal.
Major ETF Events
Dec 9-Fri-Prices climbed above NTI Blue adding support for the baby
near-term bull signal. Although this trumps concerns regarding bearishly
directed Force Vectors, prices have been enduring difficulties in holding
above NTI Blue.
Dec 8-Thu-Short-term Force Vectors are increasingly supportive of the
stock market bear. However, they remain in bullish domains. Their behavior
the next day or two is paramount to the short-term cycle.
Dec 7-Wed-Non-contrarian Force Vectors shifted south off of common peaks
and contrarians, such as QID and VXX, shifted north. Although this is
inspirational to the stock market bear, but bull remains dominant. It will
be interesting to see if the stock market bull has enough punch to depress
the bear’s ambition.
Dec 6-Tue-Same as yesterday.