January Quick-term and Short-term Indicant Updates

Jan 29, 2010 Indicant Daily Stock Market Report

Volume 01, Issue 19 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

The bull originating last March is nearing expiration. Bear signals continue. Sell signals were issued for ETF’s. Pressure is moving toward bearish domains and will converge in a few days. That has been a point for bullish response in this cycle. If the bull does not respond and pressure dips into bearish domains, this Short-term Bull will expire and be replaced with a bear with significant bearish potential.

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

The Near-term Indicant signaled no new bulls and one new bear.

The four bulls are up by an average of 35.5%, annualizing at 53.1%, since the NTI signaled bull an average of 34.8-weeks ago. The Near-term Indicant signaled bull for the VIX on Jan 28, 2010 and its performance is included in the statistics in this paragraph.

The VIX was passive on Thursday’s overall market bearishness. Its Force Vector is very high and suggests more cooling is in order. However, there is an “advantaged” probability of this price holding and rising. Thus, the reason for its bull signal on Thursday. It was up 3.2% today.

As you can see, by maintaining bull signals for some of the major indices, the Near-term Bear has not accumulated quite enough support for a complete victory. It is getting very close, though. The Near-term Indicant signaled bear today for the Dow Utilities, which is usually a laggard, but this particular index never did behave in a manner consistent with dynamic bullishness. Its pitiful gain of a little over 15% in this cycle was one of the reasons for today’s bear signal.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up by an average of 15.7%, annualizing at 24.5%, since their bull signals an average of 33.3-weeks ago. The Quick-term Indicant will signal bear if and when the indices fall below their respective bearish yellow curves.

The lone QTI bear, VIX, is down 31.3% since its bear signal 41.1-weeks ago.

The overall stock market is now configured with increasing potential for sustainable bearishness.

The weakest pressure is the Dow Utilities, which is has recently been a laggard in new bear cycles. The strongest non-contrarian pressure is the S&P600, which is typically one of the first to succumb to sustainable bearish cycles. All major indices are losing bullish pressure, but the pressure remains in bullish domains and in support of the short-term bull cycle and thus part of the reasons for limited bear signals the past two days. However, their rate of decline projects negative pressure by next Tuesday. If that occurs, the Short-term Bull will expire.

VIX pressure is now the highest and supports a bearish stock market.

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

Quick-term Attributes (This is a longer cycle than Near-term cycles)

QTI-Red Bull Count; None of the eleven non-contrarian are Red Bulls. Eleven trading days ago, we had eleven of eleven, which was soundly bullish. Now none, which threatens the Quick-term Bull.

QTI-Bullish Red Curve Trend; Bullish unanimity with 11 of 11-non-contrarian indices in bullish trend, supporting bullish bias. Recent bearish expressions have not yet shifted these cycles to the south, but that unfavorability should occur in a few days.

QTI-Bearish Yellow Curve Trend; Non-bearish unanimity with 11 of 11-non-contrarian indices in non-bearish trend, supporting non-bearish bias. Unfortunately, the VIX is also enjoying this configuration.

QIT-Yellow Bear Count; None of the non-contrarian’s are inflicted with this attribute and thus without bearish bias on a Quick-term basis. Longer-term holders should focus on this attribute; especially if you enjoy the fundamentals of your holdings and have accumulated significant gains.

Near-term Attributes (This is a shorter cycle than the Quick-term cycles)

NTI-Blue Bull Count; None of the eleven non-contrarian are blue bulls and thus no bullish support on a Near-term basis. Ten have been lost since Tuesday, Jan 19, 2010.

NTI-Bullish Blue Curve Trend; None of eleven non-contrarian are in a bullish trend, offering no bullish support. The S&P400 collapsed last Thursday. Contrarian VIX is the only one moving north, which is bearish for the overall stock market.

NTI-Bearish Green Curve Trend - None of eleven non-contrarian indices in bullish trend, no longer supporting near-term non-bearishness.

Short-term Force Vectors and Pressure Attributes

STI-Force Vector Position – All eleven of the non-contrarian are in bearish domains offering the bear immediate support. None of the non-contrarians are in bullish domains, offering the bull no support. However, several of them are at cyclical lows since this bull cycle began last March. Last Wednesday that suggested, at best, a bullish response and at worse a non-bearish bias for the next two to four days. That was wrong as the bear dominated Thursday’s market. An error such as that suggests the bear has more energy than measured.

STI-Vector Pressure Trend-None of the non-contrarian are moving bullishly, offering the bear support. Only VIX pressure is moving bullishly, which supports a stock market bear.

Short-term Summary

The expiration of several more bullish attributes triggered new bear signals last Thursday and Friday. However, keep in mind that all major indices remain above their QTI Bearish Yellow curves, suggesting potential for bearish shallowness and with limited breadth. If and when the indices interact with Yellow Bear curves, obviations of depth and breadth should unfold.

-Tangential Protection – Sep 1, 2009-Mon-Protection lines were constructed for Dow Transports, NASDAQ100, and S&P400. The Dow Utilities is now eliminated from this protection. These indices will not receive a Near-term bear signal until they fall below those tangential protection lines.

The other indices qualified for bear signals last Thursday and Friday because they fell below their NTI Green Curves with negatively sloping Vector Pressure. Near-term bear synergy cannot manifest until all indices are receiving a Near-term Bear signal. Since March 2009, the bull has responded when attributes neared bear signal justifications. It is a little slower this time around due to the double digit gains, which is included in the algorithm.

-Political Climate – Nothing new, as bantering is loud and adding to bearish fundamentals. It is amazing how “book smart” people believe there is an economic advantage in shuffling money through the hands of federal bureaucrats. One can suppose their only experience is from reading and they apparently read the wrong books.

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

Click this sentence to the table, highlighting RTP’s (Reverse Tangential Projections). The values and magnitudes are expressed in the table on the website. Keep in mind there is 100% confidence in these bearish projections. The problem is not knowing when, but odds favor before the first half of this year (2010). Much of this depends on political influences. There will be some unfavorable influences. There always is. The question is, when? As long as the aforementioned attributes are suggesting bullishness and non-bearishness, the bull will continue dominance. That dominance is now being challenged by the bear.

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

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

Indicant Volume Indicators

The NYSE and NASDAQ indicators continue configuring with potential robustness. Most of the burgeoning mini-cycle had been favoring the bull, but it now favors the bear and significantly so.

Jan 25, 2010-Mon-Volume was significantly light when compared to last week’s higher volume on bearish aggression. This “spurt correlation” favors the bear, but not enough weight to support the short-term bull’s expiration.

Jan 26, 2010-Tue-Volume was mild on mild bearishness with intraday indecisiveness. This is not supportive of current bullish bias and a bit more supportive of last week’s bearish ambition. However, weight remains too light to signal bias shift from bull to bear.

Jan 27, 2010-Wed-Volume was relatively high on mild bullishness. However, it was not as robust as volume’s support for bearish aggression late last week. This remains noncommittal on obviating directional intensity, even though the bull remains in tact under significant bearish assaults.

Jan 28, 2010-Thu-Volume was above average on an aggressive bear, offering more support for additional bearishness. However, the volume relationship is not yet suggesting dynamic bearishness. Several of the indices received a Near-term Bear signal, as an expected bullish bounce was met with bearish aggression. This, along with weakening bullish attributes, suggests an increasing probability of dominance by the bear.

Jan 29, 2010-Fri-Volume was again aggressive; especially the NASDAQ, which was under significant bearish influences. This bodes well for the bear. The Short-term Bull appears nearing extinction.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated no buy signals and 19-sell signals.

The Near-term Indicant is signaling hold for 10-ETF’s. They are up by an average of 30.5%, annualizing at 42.0%, since their buy signals an average of 37.7-weeks ago.

In addition to the sell signals, the NTI is avoiding two-ETF’s. They are up 2.3% since their sell signals an average of 9.3-weeks ago.

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

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up an average of 21.6% since their buy signals an average of 34.4-weeks ago. Those with hold signals are annualizing at 32.7%.

The two avoided ETF’s are down by an average of 26.7% since their sell signals an average of 26.1-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; minority of two, offering very limited bullish support. Lost twenty-four since Jan 19, 2010.

NTI Blue Curve Trend; only six are sloping north; very limited bullish support. Lost 25-bullish trends since Jan 18, 2010 and most have collapsed and evolving into negative trends.

NTI Green Curve Trend; Only six sloping north; no longer offering majority support for non-bearishness. This is a significant augmentation to bearish aspirations.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; Only one support Quick-term bullishness. It only takes one red bull to offer resistance to complete bearish dominance. The lone red bull is ETF#10-IBB-Biotech. It is non-contrarian and the only one that stands between a muted bear and an aggressive bear.

QTI Bullish Red Curve Trend; 29-sloping north in solid majority support for Quick-term Bull.

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

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

The Short-term Indicant ETF Key Attributes:

Vector Pressure Bullish Domain Occupancy; majority of 23 in bullish domains, supporting bull. That is down by four from Jan 25, 2010. Several are nearing convergence which will either inspire the bull to respond or promote greater bearish aggression.

Pressure Slope Relative to Vector Pressure: 21-in bullish position. Divergent patterns continue to exist, but several are nearing convergence. Convergence will highlight directional intensity in either direction.

Vector Pressure Trend; minority of only two moving in bullish direction with miniscule support for the bull. Twenty have reversed direction from bullish to bearish since Jan 14, 2010. This is discerning and actionable with the large number of Friday’s sell signals.

Short-term Summary: Volume is suggesting increasing support for the bear. Vector Pressure is directionally supporting the bear, but still holding in bullish domains and thus preventing some sell signals. Fundamentals are setting up to support bear and technical configurations are acquiescing to those fundamentals.

Contrarian Funds

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled sell today. The NTI Bearish Green curve shifted south. This fund is not behaving in a contrarian manner at this time.

ETF#11-Gold and Precious Metals is up 31.4% since the QTI signaled buy on December 11, 2008. Annualized growth is at 23.3%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $97.38 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 18.1% since then, annualizing at 23.3%.

Gold is under a gold-bear assault with its price approaching NTI Green. The NTI Bullish Blue Curve collapsed this past week. It is nestling on a major resistance point; the NTI Bearish Green Curve. Pressure remains positive with underlying support for its bullish potential, albeit moving bearishly. Click this sentence for additional charting and current forecasting of the actual price of gold.

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

ETF#14-TLT-Long Government received a sell signal on Dec 4, 2009 from both the Near-term and Quick-term Indicant. It is down 0.7% since that sell signal. All TLT attributes remain bearish. It is mounting a charge, but as long as Vector Pressure and its slope remain in bearish domains, there will be no buy signal. Pressure is nearing bullish domains. Fundamentally, it will be appealing as a safety-net in the event the stock market bear accelerates aggression. Notice that it is finding resistance to eclipsing the QTI Bearish Yellow Curve. It has been behaving in a contrarian manner the past few days.

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

The Near-term Indicant signaled sell for QID on November 16, 2009. It is up 5.4% since that sell signal. It remains solidly bearish in spite of NASDAQ and overall stock market bearishness. Notice its Pressure Curves remain in bearish domains, although moving toward bullish domains.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 52.6% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $26.15 and still falling.

Major ETF Events

Jan 25, 2010-Mon-There were no major events.

Jan 26, 2010-Tue-ETF #20, EEM, was down during intraday overall market bullishness. Selling emerging markets, including China, continues to gain momentum. Also, several major indices NTI Bullish Blue Curves collapsed today. Several ETF’s are doing the same. The primary element justifying holding is bullishly positioned pressure, albeit some are razor thin.

Jan 27, 2010-Wed-ETF #11-GLD, Gold NTI Bullish Blue collapsed. However, pressure remains in bullish domains.

Jan 28, 2010-Thu-Bearishness occurred with most ETF’s and major indices below NTI Bearish Green curve. The bear is finding inspiration with the bull’s inability to respond. The primary attribute offering bullish hope is bullish pressure, which remains in bullish domains.

Jan 29, 2010-Fri-The Dow Utilities received a bear signal after lackluster performance in the Short-term Bull that started last March. There were several sell signals for ETF’s. Many NTI Green curves shifted south, removing resistance from bearish aggression.

Current Strategy-Short-term Indicant- Jan 29, 2010-Sell where sell signals occurred. If pressure falls into bearish domains, which should occur early next week, the probability of complete bearish dominance will be high. Jan 28, 2010-The bull is very near expiration. Jan 27, 2010-Same as yesterday. Jan 26, 2010-Holding remains safe, but prepare your selling trigger finger for near-term positioning. Political rhetoric is increasingly nonsensical from home and abroad. Threats to rationale is fundamentally bearish. Also, China is tightening credit, conflicting with the bull’s inspiration for that country’s growth potential.

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

01/29/10

Jan 28, 2010 Indicant Daily Stock Market Report

Volume 01, Issue 18 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

The bull originating last March is nearing expiration. Several bear signals were issued today for major indices, but there were no sell signals for ETF’s. Pressure is moving toward bearish domains and will converge in a few days. That has been a point for bullish response in this cycle. If the bull does not respond and pressure dips into bearish domains, this Short-term Bull will expire.

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

The Near-term Indicant signaled one new bull and six new bears.

The five bulls are up by an average of 39.4%, annualizing at 47.3%, since the NTI signaled bull an average of 43.3-weeks ago. The Near-term Indicant signaled bull for the VIX today.

The VIX was passive on today’s overall market bearishness. Its Force Vector is very high and suggests more cooling is in order. However, there is an “advantaged” probability of this price holding and rising.

As you can see by maintaining bull signals for some of the major indices, the Near-term Bear has not accumulated quite enough support for a complete victory.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up by an average of 16.9%, annualizing at 26.5%, since their bull signals an average of 33.1-weeks ago.

The lone QTI bear, VIX, is down 33.7% since its bear signal 40.9-weeks ago.

The overall stock market is now configured with some potential for sustainable bearishness.

The weakest pressure is the Dow Utilities, which is has recently been a laggard in new bear cycles. The strongest pressure is the S&P600, which is typically one of the first to succumb to sustainable bearish cycles. All major indices are losing bullish pressure, but the pressure remains in bullish domains and in support of the short-term bull cycle and thus part of the reasons for limited bear signals today.

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

Quick-term Attributes (This is a longer cycle than Near-term cycles)

QTI-Red Bull Count; None of the eleven non-contrarian are Red Bulls. Ten trading days ago, we had eleven of eleven, which was soundly bullish.

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

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

Near-term Attributes (This is a shorter cycle than the Quick-term cycles)

NTI-Blue Bull Count; None of the eleven non-contrarian and thus no bullish support on a Near-term basis. Ten have been lost since Tuesday, Jan 19, 2010.

NTI-Bullish Blue Curve Trend; None of eleven non-contrarian are in a bullish trend, offering no bullish support. The S&P400 collapsed today. Contrarian VIX is the only one moving north.

NTI-Bearish Green Curve Trend - Non-bearish minority with only one of eleven non-contrarian indices in bullish trend, no longer supporting near-term non-bearishness. The lone hope for the bull is the S&P400 index.

Short-term Force Vectors and Pressure Attributes

STI-Force Vector Position – All eleven of the non-contrarian are in bearish domains offering the bear immediate support. None of the non-contrarians are in bullish domains, offering the bull no support. However, several of them are at cyclical lows since this bull cycle began last March. Yesterday that suggested, at best, a bullish response and at worse a non-bearish bias for the next two to four days. That was wrong as the bear dominated today’s market. An error such as that suggests the bear has a bit more energy than measured.

STI-Vector Pressure Trend-None of the non-contrarian are moving bullishly, offering the bear support. Only VIX pressure is moving bullishly.

Short-term Summary

The expiration of several more bullish attributes triggered some new bear signals today. However, keep in mind that all major indices remain above their QTI Bearish Yellow curves, suggesting potential for bearish shallowness and with limited breadth.

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

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

Click this sentence to the table, highlighting RTP’s (Reverse Tangential Projections). The values and magnitudes are expressed in the table on the website. Keep in mind there is 100% confidence in these bearish projections. The problem is not knowing when, but odds favor before the first half of this year at this time. Much of this depends on political influences. There will be some unfavorable influences. There always is. The question is, when? As long as the aforementioned attributes are suggesting bullishness and non-bearishness, the bull will continue dominance. That dominance is now being challenged by the bear.

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

The NYSE and NASDAQ Indicant Volume Indicators continue configuring with potential robustness. Most of the burgeoning mini-cycle favors the bull. However, Monday’s volume was significantly light when compared to last week’s higher volume on bearish aggression. This “spurt correlation” favors the bear, but not enough weight to support the short-term bull’s expiration. Tuesday’s volume was mild on mild bearishness with intraday indecisiveness. This is not supportive of current bullish bias and a bit more supportive of last week’s bearish ambition. However, weight remains too light to signal bias shift from bull to bear. Wednesday’s volume was relatively high on mild bullishness. However, it was not as robust as volume’s support for bearish aggression earlier late last week. This remains noncommittal on obviating directional intensity, even though the bull remains in tact under significant bearish assaults. Today’s volume was above average on an aggressive bear, offering more support for additional bearishness. However, the volume relationship is not yet suggesting dynamic bearishness.

Short-term ETF Report Card, Status, and Charts

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

The Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 13.5%, annualizing at 30.2%, since their buy signals an average of 23.3-weeks ago.

The NTI is avoiding two-ETF’s. They are up 0.1% since their sell signals an average of 9.1-weeks ago.

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

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up an average of 22.9% since their buy signals an average of 34.2-weeks ago. Those with hold signals are annualizing at 34.8%.

The two avoided ETF’s are down by an average of 27.9% since their sell signals an average of 25.9-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; minority of two, offering limited bullish support. Lost twenty-four since Jan 19, 2010.

NTI Blue Curve Trend; only four are sloping north; very limited bullish support. Sixteen collapsed on bearish aggression late last week. Lost 25-bullish trends since Jan 18, 2010.

NTI Green Curve Trend; Only eight sloping north; no longer offering majority support for non-bearishness. This is a significant augmentation to bearish aspirations.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; a minority of only four support Quick-term bullishness. These four red bulls are non-contrarian. It only takes one red bull to offer resistance to complete bearish dominance.

QTI Bullish Red Curve Trend; 29-sloping north in solid majority support for Quick-term Bull. (Yesterday’s report suggested several were lost. That was an error).

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

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

The Short-term Indicant ETF Key Attributes:

Vector Pressure Bullish Domain Occupancy; majority of 27 in bullish domains, supporting bull. That is down by two from Jan 25, 2010.

Pressure Slope Relative to Vector Pressure: 24-in bullish position. Divergent patterns continue to exist, but several are nearing convergence. Convergence will highlight directional intensity in either direction.

Short-term Summary: Volume is suggesting increasing support for the bear. Vector Pressure is directionally supporting the bear, but still holding in bullish domains and thus preventing sell signals. Fundamentals are setting up to support bear, but technically, the short-term bull remains in tact, albeit wounded and under significant challenge by the bear.

Contrarian Funds

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 8.0% since those buy signals, annualizing at 16.1%. Its NTI Bullish Blue Curve collapsed on Dec 8, 2009. A sell signal will be released in the event NTI Green shifts to the south. Its price is setting on the NTI Green and more or less meandering in conjunction with G, but Pressure remains in bullish domains albeit in bearish decline. NTI Green is on the verge of shifting south. The hold position is being tested right now, but holding prevails.

ETF#11-Gold and Precious Metals is up 32.0% since the QTI signaled buy on December 11, 2008. Annualized growth is at 24.1%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $97.29 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 18.7% since then, annualizing at 24.1%.

Gold is under a gold-bear assault with its price approaching NTI Green. The NTI Bullish Blue Curve collapsed yesterday. It, like energy, is nestling on a major resistance point; the NTI Bearish Green Curve. Pressure remains positive with underlying support for its bullish potential, albeit moving bearishly. Click this sentence for charting and current forecasting of the actual price of gold.

ETF#14-TLT-Long Government received a sell signal on Dec 4, 2009 from both the Near-term and Quick-term Indicant. It is down 1.6% since that sell signal. All TLT attributes remain bearish. It is mounting a charge, but as long as Vector Pressure and its slope remain in bearish domains, there will be no buy signal. Pressure is nearing bullish domains. Fundamentally, it will be appealing as a safety-net in the event the stock market bear accelerates aggression. Notice that it is finding resistance to eclipsing the QTI Bearish Yellow Curve.

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

The Near-term Indicant signaled sell for QID on November 16, 2009. It is up 1.9% since that sell signal. It remains solidly bearish in spite of NASDAQ and overall stock market bearishness. Notice its Pressure Curves remain inside bearish domains, although moving toward bullish domains.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 54.2% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $26.23 and still falling.

Major ETF Events

Jan 25, 2010-Mon-There were no major events.

Jan 27, 2010-Wed-ETF #11-GLD, Gold NTI Bullish Blue collapsed. However, pressure remains in bullish domains.

Current Strategy-Short-term Indicant- Jan 28, 2010-The bull is very near expiration. Jan 27, 2010-Same as yesterday. Jan 26, 2010-Holding remains safe, but prepare your selling trigger finger for near-term positioning. Political rhetoric is increasingly nonsensical from home and abroad. Threats to rationale is fundamentally bearish. Also, China is tightening credit, conflicting with the bull’s inspiration for that country’s growth potential.

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

01/28/10

Jan 27, 2010 Indicant Daily Stock Market Report

Volume 01, Issue 17 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

All major indices NTI Bullish Blue Curves have collapsed. The primary attribute remaining in support of the short-term bull is bullish domain pressure. Most are moving south and some are razor thin distance from bearish domains. Convergence at pressure points will occur in a few days. Once that happens, the bull will either recoil or the bear will assume controls on directional intensity.

You should notice that ETF#21-Brazil is very close to losing its pressure from bearish suction from below. Scanning the other charts will reveal an increasing number of other ETF’s with similar attributes. Brazil has been a consistently high performer the past few years and it is discerning when “strength” becomes “weak.”

Political and fundamental forces are forging support for significant bearish potential, but technical configurations mandate discipline in holding until the bear’s sustainability is obviated. Politicians continue to threaten the bull and eventually a reduction in the quality of life.

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

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

All eleven major non-contrarian indices are up by an average of 25.1%, annualizing at 38.7%, since the NTI signaled bull an average of 33.7-weeks ago. The lone bear is the VIX and it is up 9.6% since its bear signal 8.0-weeks ago.

As expected the VIX has “cooled.” Furthermore, its Force Vector is maturely bullish, which suggests it has lost its bullish momentum. In the near-term this suggests the bull may take a swipe at the bear and actually hit the bear.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up by an average of 18.8%, annualizing at 29.7%, since their bull signals an average of 33.0-weeks ago.

The lone QTI bear, VIX, is down 35.4% since its bear signal 40.9-weeks ago.

The overall stock market remains configured without sustainable bearish threats. There are some immediate bearish threats, but not strong enough to shift the bullish cycle at this time. Pressure remains in bullish domains even though in decline. So far, the support is for no more than a bearish spurt.

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

Quick-term Attributes (This is a longer cycle than Near-term cycles)

QTI-Red Bull Count; Four of eleven strongly supporting bullish bias. Lost seven Red Bulls since last Friday.

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

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

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

Near-term Attributes (This is a shorter cycle than the Quick-term cycles)

NTI-Blue Bull Count; One of the eleven non-contrarian and thus no bullish support on a Near-term basis. Nine has been lost since Tuesday, Jan 19, 2010.

NTI-Bullish Blue Curve Trend; Only one of eleven non-contrarian in bullish trend, offering limited bullish support. Only the S&P400 is moving bullishly. Yesterday’s report erroneously stated the S&P600 blue curve collapsed. The VIX is also moving north, but it is contrarian.

NTI-Bearish Green Curve Trend - Non-bearish minority with only two of eleven non-contrarian indices in bullish trend, supporting near-term non-bearishness. However, the two are bullish leaders (not bearish leaders, based on recent history). They are the S&P400 and S&P600. The NASDAQ and NAS100 shifted south today. This should inspire the bull to respond, while the bear is inspired at this change in direction.

Short-term Force Vectors and Pressure Attributes

STI-Force Vector Position – All eleven of the non-contrarian are in bearish domains offering the bear immediate support. None of the non-contrarians are in bullish domains, offering the bull no support. However, several of them are at cyclical lows since this bull cycle began last March. That suggests, at best, a bullish response and at worse a non-bearish bias for the next two to four days.

STI-Vector Pressure Trend-None of the non-contrarian are moving bullishly, offering the bear support.

Short-term Summary

Several attributes have abandoned support for the bull. However, a few are steadfastly remaining and significant enough to prevent a cyclical shift for a sustainable bear. They are teetering on collapse, but have not yet done so. Configurations such as these are usually followed by either a strong bullish response or a bear signal. Obviations should be detected soon, as the market is nearing potential convergence.

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

-Political Climate – Nothing new, as bantering is loud and adding to bearish fundamentals.

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

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

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

The NYSE and NASDAQ Indicant Volume Indicators continue configuring with potential robustness. Most of the burgeoning mini-cycle favors the bull. However, Monday’s volume was significantly light when compared to last week’s higher volume on bearish aggression. This “spurt correlation” favors the bear, but not enough weight to support the short-term bull’s expiration. Tuesday’s volume was mild on mild bearishness with intraday indecisiveness. This is not supportive of current bullish bias and a bit more supportive of last week’s bearish ambition. However, weight remains too light to signal bias shift from bull to bear. Wednesday’s volume was relatively high on mild bullishness. However, it was not as robust as volume’s support for bearish aggression earlier this week. This remains noncommittal on obviating directional intensity, even though the bull remains in tact under significant bearish assaults.

Short-term ETF Report Card, Status, and Charts

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

The Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 14.8%, annualizing at 33.3%, since their buy signals an average of 23.1-weeks ago.

The NTI is avoiding two-ETF’s. They are down 2.3% since their sell signals an average of 9.0-weeks ago.

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

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up an average of 24.3% since their buy signals an average of 34.1-weeks ago. Those with hold signals are annualizing at 37.0%.

The two avoided ETF’s are down by an average of 29.0% since their sell signals an average of 25.8-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; minority of four, offering limited bullish support. Lost twenty-two since Jan 19, 2010.

NTI Blue Curve Trend; only six are sloping north; very limited bullish support. Sixteen collapsed on bearish aggression late last week. Lost 23-bullish trends since Jan 18, 2010.

NTI Green Curve Trend; 11-sloping north; no longer offering majority support for non-bearishness. 14-shifted south the past two days, elevating the significance of the prevailing bearish threat.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; a minority of 14-support Quick-term bullishness. The bear cannot dominate with this attribute, either. However, 15-Red Bulls were lost the past ten trading days.

QTI Bullish Red Curve Trend; 14-sloping north in solid majority support for Quick-term Bull. Fifteen were lost today.

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

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

The Short-term Indicant ETF Key Attributes:

Vector Pressure Bullish Domain Occupancy; majority of 27 in bullish domains, supporting bull. Two fell from bullish domains the past two days.

Pressure Slope Relative to Vector Pressure: 26 in bullish position. Divergent patterns continue to exist, but several are nearing convergence. Convergence will highlight directional intensity.

Short-term Summary: Volume is suggesting increasing support for the bear. Vector Pressure is directionally supporting the bear, but still holding in bullish domains and thus preventing sell signals. Fundamentals are setting up to support bear, but technically the short-term bull remains in tact, albeit wounded.

Contrarian Funds

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 9.1% since those buy signals, annualizing at 18.5%. Its NTI Bullish Blue Curve collapsed on Dec 8, 2009. A sell signal will be released in the event NTI Green shifts to the south. Its price is setting on the NTI Green and more or less meandering in conjunction with G, but Pressure remains in bullish domains albeit in bearish decline. The hold position is being tested right now, but holding prevails.

ETF#11-Gold and Precious Metals is up 32.1% since the QTI signaled buy on December 11, 2008. Annualized growth is at 24.3%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $97.20 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 18.7% since then, annualizing at 24.3%.

Gold is under a gold-bear assault with its price approaching NTI Green. The NTI Bullish Blue Curve collapsed today. It like energy is nestling on a major resistance point; the NTI Bearish Green Curve. Pressure remains positive with underlying support for its bullish potential, albeit moving bearishly. Click this sentence for charting and current forecasting of the actual price of gold.

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

The Near-term Indicant signaled sell for QID on November 16, 2009. It is down 3.0% since that sell signal. It remains solidly bearish in spite of NASDAQ and overall stock market bearishness. Notice its Pressure Curves remain inside bearish domains.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 56.4% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $26.31 and still falling.

Major ETF Events

Jan 25, 2010-Mon-There were no major events.

Jan 27, 2010-Wed-ETF #11-GLD, Gold NTI Bullish Blue collapsed. However, pressure remains in bullish domains.

Current Strategy-Short-term Indicant- Jan 27, 2010-Same as yesterday. Jan 26, 2010-Holding remains safe, but prepare your selling trigger finger for near-term positioning. Political rhetoric is increasingly nonsensical from home and abroad. Threats to rationale is fundamentally bearish. Also, China is tightening credit, conflicting with the bull’s inspiration for that country’s growth potential.

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

01/27/10

Jan 26, 2010 Indicant Daily Stock Market Report

Volume 01, Issue 16 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

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

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

All eleven major non-contrarian indices are up by an average of 24.5%, annualizing at 38.0%, since the NTI signaled bull an average of 33.6-weeks ago. The lone bear is the VIX and it is up 16.3% since its bear signal 7.9-weeks ago.

The VIX was solidly bullish late last week, but not yet configured for a bull signal. Pressure remains too negative to justify a bull signal. It gained over 40% late last week. It has lost nearly half of that this week. It also garnished red bull status with this sudden spurt in value. It is not stable and will most likely endure some volatility on the immediate horizon. It is for floor traders-only right now and their short-term profits will be wiped out by their short-term losses.

The VIX’s Force Vector is at a two-year high. It is due to “cool.” Behavior after cooling will be more obviating of its directional intensity. If it does not cool (move south) in the next few days, the overall stock market will endure greater bearish pressure.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up by an average of 18.3%, annualizing at 29.0%, since their bull signals an average of 32.8-weeks ago.

The lone QTI bear, VIX, is down 31.4% since its bear signal 40.7-weeks ago.

The overall stock market remains configured without sustainable bearish threats. There are some immediate bearish threats, but not strong enough to shift cycle at this time. Pressure remains in bullish domains even though in decline. So far, the support is for no more than a bearish spurt.

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

Quick-term Attributes (This is a longer cycle than Near-term cycles)

QTI-Red Bull Count; Four of eleven strongly supporting bullish bias. Lost seven Red Bulls since last Friday.

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

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

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

Near-term Attributes (This is a shorter cycle than the Quick-term cycles)

NTI-Blue Bull Count; None of the eleven non-contrarian and thus no bullish support on a Near-term basis. Ten has been lost since Tuesday, Jan 19, 2010.

NTI-Bullish Blue Curve Trend; Only one of eleven non-contrarian in bullish trend, offering limited bullish support. Only the S&P600 is moving bullishly. The S&P400 collapsed today. The VIX is also moving north, but it is contrarian.

NTI-Bearish Green Curve Trend - Non-bearish minority with only four of eleven non-contrarian indices in bullish trend, supporting near-term non-bearishness. However, the four are bullish leaders (not bearish leaders, based on recent history). They are the NASDAQ, NAS100, S&P400, and S&P600.

Short-term Force Vectors and Pressure Attributes

STI-Vector Pressure Trend-None of the non-contrarian are moving bullishly, offering the bear support.

Short-term Summary

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

-Political Climate – Nothing new, as bantering is loud and adding to bearish fundamentals.

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

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

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

The NYSE and NASDAQ Indicant Volume Indicators continue configuring with potential robustness. Most of the burgeoning mini-cycle favors the bull. However, yesterday’s volume was significantly light when compared to last week’s higher volume on bearish aggression. This “spurt correlation” favors the bear, but not enough weight to support the current short-term bull’s expiration. Today’s volume was mild on mild bearishness with intraday indecisiveness. This is not supportive of current bullish bias and a bit more supportive of bearish bias last week. However, weight remains too light to signal bias shift from bull to bear.

Short-term ETF Report Card, Status, and Charts

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

The Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 14.5%, annualizing at 32.8%, since their buy signals an average of 23.0-weeks ago.

The NTI is avoiding two-ETF’s. They are down 1.5% since their sell signals an average of 8.9-weeks ago.

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

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up an average of 23.9% since their buy signals an average of 34.0-weeks ago. Those with hold signals are annualizing at 36.7%.

The two avoided ETF’s are down by an average of 28.6% since their sell signals an average of 25.6-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; minority of two, offering limited bullish support. Lost twenty-four since Jan 19,2010.

NTI Blue Curve Trend; only seven are sloping north; very limited bullish support. Sixteen collapsed on bearish aggression late last week. Lost 22-bullish trends since Jan 18, 2010.

NTI Green Curve Trend; 17-sloping north; no longer a strong majority support for non-bearishness. Ten shifted south today, elevating the significance of the prevailing bearish threat.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; a minority of 10-support Quick-term bullishness. The bear cannot dominate with this attribute, either. However, 19-Red Bulls were lost the past four days.

QTI Bullish Red Curve Trend; 29-sloping north in solid majority support for Quick-term Bull.

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

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

The Short-term Indicant ETF Key Attributes:

Vector Pressure Bullish Domain Occupancy; majority of 28 in bullish domains, supporting bull. One fell from bullish domains today.

Pressure Slope Relative to Vector Pressure: 28 in bullish position. Divergent patterns continue to exist and thus no convergent support for dynamic and sustainable bearish behavior.

Short-term Summary: Volume is suggesting increasing support for the bear. Vector Pressure is directionally supporting the bear, but still holding in bullish domains and thus preventing sell signals. Fundamentals are setting up to support bear, but technically the short-term bull remains in tact, albeit wounded.

Contrarian Funds

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 9.5% since those buy signals, annualizing at 19.5%. Its NTI Bullish Blue Curve collapsed on Dec 8, 2009. A sell signal will be released in the event NTI Green shifts to the south. Its price is setting on the NTI Green and more or less meandering in conjunction with G, but Pressure remains in bullish domains. The hold position is being tested right now, but holding prevails.

ETF#11-Gold and Precious Metals is up 33.4% since the QTI signaled buy on December 11, 2008. Annualized growth is at 25.8%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $97.10 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 19.9% since then, annualizing at 25.8%.

Gold is under a gold-bear assault with its price approaching NTI Green. It like energy is nestling on a major resistance point; the NTI Bearish Green Curve. Pressure remains positive with underlying support for its bullish potential, albeit moving bearishly. Click this sentence for charting and current forecasting of the actual price of gold.

ETF#14-TLT-Long Government received a sell signal on Dec 4, 2009 from both the Near-term and Quick-term Indicant. It is down 1.5% since that sell signal. All TLT attributes remain bearish. It is mounting a charge, but as long as Vector Pressure and its slope remain in bearish domains, there will be no buy signal. Fundamentally, it will be appealing as a safety-net in the event the stock market bear accelerates aggression. Notice that it is finding resistance to eclipsing the QTI Bearish Yellow Curve.

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

The Near-term Indicant signaled sell for QID on November 16, 2009. It is down 1.6% since that sell signal. It remains solidly bearish in spite of NASDAQ and overall stock market bearishness. Notice its Pressure Curves remain deep inside bearish domains.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 55.7% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $26.39 and still falling.

Major ETF Events

Jan 25, 2010-Mon-There were no major events.

Current Strategy-Short-term Indicant- Jan 26, 2010-Holding remains safe, but prepare your selling trigger finger for near-term positioning. Political rhetoric is increasingly nonsensical from home and abroad. Threats to rationale is fundamentally bearish. Also, China is tightening credit, conflicting with the bull’s inspiration for that country’s growth potential.

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

01/26/10

Jan 25, 2010 Indicant Daily Stock Market Report

Volume 01, Issue 15 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Short-term attributes remain in support of the overall stock market bull. However, several attributes are weakening in their support of the Short-term Bull. Vector Pressure is becoming the predominant attribute to monitor. As long as it remains in bullish domains, sell signals will not be offered.

You should notice that ETF#21-Brazil is very close to losing its pressure from bearish suction from below.

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

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

All eleven major non-contrarian indices are up by an average of 24.9%, annualizing at 38.7%, since the NTI signaled bull an average of 33.4-weeks ago. The lone bear is the VIX and it is up 24.9% since its bear signal 7.7-weeks ago. The VIX was solidly bullish late last week, but not yet configured for a bull signal. Pressure remains too negative to justify a bull signal. It gained over 40% late last week. It also garnished red bull status with this sudden spurt in value. It is not stable and will most likely endure some volatility on the immediate horizon. It is for floor traders-only right now and their short-term profits will be wiped out by their short-term losses.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up by an average of 18.6%, annualizing at 29.6%, since their bull signals an average of 32.7-weeks ago.

The lone QTI bear, VIX, is down 29.4% since its bear signal 40.6-weeks ago.

The overall stock market remains configured without sustainable bearish threats. Pressure remains in bullish domains even though in decline. So far, the support is for no more than a bearish spurt.

Recent bearishness is localized to investment banking. Emotional bearishness has been triggered, but somewhat irrational. Investment bankers do not create wealth. They are members of the economic overhead group. Political bashing of Wall Street is enhancing this bearish emotion.

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

QTI-Red Bull Count; Four of eleven strongly supporting bullish bias. Lost seven Red Bulls since last Friday.

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

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

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

NTI-Blue Bull Count; None of the eleven non-contrarian and thus no bullish support on a Near-term basis. Nine has been lost since Tuesday, Jan 19, 2010.

NTI-Bullish Blue Curve Trend; Two of eleven non-contrarian in bullish trend offering limited bullish support. Only S&P400 and S&P600 are moving bullishly. The VIX is also, but it is contrarian.

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

STI-Vector Pressure Trend-None of the non-contrarian are moving bullishly, offering the bear support.

Short-term Summary-Overall-Most attributes remain supportive of the Short-term Bull, even though several have weakened in that support. Negatively sloping (bearish) Vector Pressure is a source of concern at this time, but still remains in bullish domains. Some of the NTI Green curves have shifted south, which is a major supporter of the Near-term Bull. Some are still moving north, but the loss of several today is discerning. Vector Pressure remains in support and the Near-term Indicant will not signal bear as long as Pressure remains in bullish domains.

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

-Political Climate – Tuesday’s bullish aggression was anticipatory of a victory by anti-socialist candidate Scott Brown of Massachusetts. The check-and-balance vote is fundamentally bullish. Wednesday’s bearish aggression was stimulated, in part, by the Chinese communists to Google’s internet business. Thursday’s bearish expression was stimulated by U.S. politicians attacking the capital markets; not too dissimilar to Chinese communistic behavior. Today’s bearishness is based on similar “politically” inspired concerns with respect to the capital markets. The sell off is localized to Wall Street.

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

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

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

The NYSE and NASDAQ Indicant Volume Indicators continue configuring with potential robustness. Most of the burgeoning mini-cycle favors the bull. However, today’s volume was significantly light when compared to last week’s volume on bearish aggression. This “spurt correlation” favors the bear, but not enough weight to support the current short-term bull’s expiration.

Short-term ETF Report Card, Status, and Charts

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

The Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 15.3%, annualizing at 34.8%, since their buy signals an average of 22.9-weeks ago.

The NTI is avoiding two-ETF’s. They are down 1.4% since their sell signals an average of 8.7-weeks ago.

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

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up an average of 24.8% since their buy signals an average of 33.8-weeks ago. Those with hold signals are annualizing at 38.1%.

The two avoided ETF’s are down by an average of 28.6% since their sell signals an average of 25.5-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; minority of three, offering limited bullish support. Lost twenty-four since Jan 19,2010.

NTI Blue Curve Trend; only ten are sloping north; very limited bullish support. Sixteen collapsed on bearish aggression late last week.

NTI Green Curve Trend; 27-sloping north; strong majority support for non-bearishness. The bear cannot dominate with this configured attribute. This attribute is nearing a bearish threat, but has not yet succumbed to bear.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; a minority of 14-support Quick-term bullishness. The bear cannot dominate with this attribute, either. However, 16-Red Bulls were lost the past three days.

QTI Bullish Red Curve Trend; 29-sloping north in solid majority support for Quick-term bullishness.

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

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

The Short-term Indicant ETF Key Attributes:

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

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

Vector Pressure Trend; minority of only three moving in bullish direction with miniscule support for the bull. Nine have reversed direction from bullish to bearish in the past few days. This is discerning, but not yet actionable.

Short-term Summary: Volume is suggesting increasing support for the bear. Vector Pressure is directionally supporting the bear, but still holding in bullish domains and thus preventing sell signals. Fundamentals are setting up to support bear, but technically the short-term bull remains in tact.

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on November 16, 2009. It is down 1.3% since that sell signal. It remains solidly bearish in spite of NASDAQ and overall stock market bearishness.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 55.6% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $26.47 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 10.2% since those buy signals, annualizing at 21.0%. Its NTI Bullish Blue Curve collapsed on Dec 8, 2009. A sell signal will be released in the event NTI Green shifts to the south. That had been unlikely, as the oil bull reacted violently to last December’s bear attack. However, price is setting on the NTI Green (with a small bounce today), but Pressure remains in bullish domains. It is being testy right now to the hold position.

ETF#11-Gold and Precious Metals is up 33.3% since the QTI signaled buy on December 11, 2008. Annualized growth is at 29.2%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $97.00 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 19.8% since then, annualizing at 25.8%.

Gold is under a gold-bear assault with its price approaching NTI Green. Pressure remains positive with underlying support for its bullish potential. Click this sentence for charting and current forecasting of the actual price of gold.

Major ETF Events

Jan 25, 2010-Mon-There were no major events.

Current Strategy-Short-term Indicant- Jan 25, 2010-Holding remains safe, but there is a threat to the bull with weakening attributes supporting the short-term bull.

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

01/25/10

Jan 22, 2010 Indicant Daily Stock Market Report

Volume 01, Issue 14 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

Short-term attributes remain in support of the overall stock market bull. Communistic disruptions to Google’s profit potential in China could depress bullish ambition. Communistic disruptions by U.S. politicians add to the threat. In spite of today’s bearish behavior, there are no indications the current Short-term bull is ready to expire. So far, short-term attributes suggest a bearish spurt. However, contact with bearish green and negative pressure will identify the Short-term Bull’s expiration.

ETF#21-Brazil endured extreme bearish aggression. Its NTI Bullish Blue curve collapsed last Thursday. It even fell below the NTI Bearish Green curve on bearish aggression. It did not receive a sell signal since Vector Pressure remains positive. This particular ETF has been one of the most bullish since 2003, but took it on the chin the past three days. It is up 64.5% since the Quick-term Indicant signaled buy on April 3, 2009. The Quick-term Indicant will not signal sell until it contacts the bearish yellow curve, which continues to rise. The Near-term Indicant will signal sell when Pressure falls into bearish domains. Do not be surprised at volatility between now and the potential sell signal.

Unfortunately, several other ETF’s NTI Bullish Blue Curves collapsed on Friday under the weight of recent bearish behavior. Vector Pressure remains in bullish domains and the NTI Bearish Green Curve continues to rise. Political and fundamental forces are forging support for significant bearish potential, but technical configurations mandate discipline in holding until the bear’s sustainability is obviated.

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

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

All eleven major non-contrarian indices are up by an average of 24.4%, annualizing at 38.5%, since the NTI signaled bull an average of 33.0-weeks ago. The lone bear is the VIX and it is up 29.4% since its bear signal 7.3-weeks ago. The VIX was solidly bullish today, but not yet configured for a bull signal. Pressure remains too negative to justify a bull signal. It has gained over 40% in the past three days. It also garnished red bull status with this sudden spurt in value.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up by an average of 18.2%, annualizing at 29.3%, since their bull signals an average of 32.3-weeks ago.

The lone QTI bear, VIX, is down 23.8% since its bear signal 40.1-weeks ago.

The overall stock market remains configured without sustainable bearish threats. However, Force Vectors dipped into bearish domains with Thursday’s bearish behavior and dove deeper on Friday’s similar bearishness. So far, the support is for no more than a bearish spurt.

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

QTI-Red Bull Count; Five of eleven strongly supporting bullish bias. Lost six Red Bulls on Friday.

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

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

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

NTI-Blue Bull Count; None of the eleven non-contrarian and thus no bullish support on a Near-term basis. Nine has been lost since last Tuesday.

NTI-Bullish Blue Curve Trend; Only three of eleven non-contrarian in bullish trend offering limited bullish support. (Seven shifted south on Friday, following three consecutive days of bearish behavior).

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

STI-Force Vector Position – Ten of the non-contrarian are in bearish domains offering the bear some near-term support. None of the non-contrarians are in bullish domains, offering the bull no support.

STI-Vector Pressure Trend-None of the non-contrarian are moving bullishly, offering the bear support.

Short-term Summary-Overall-Most attributes remain supportive of the Short-term Bull, even though several have weakened in that support. Negatively sloping (bearish) Vector Pressure is a source of concern at this time, but still remains in bullish domains. None of the NTI Green curves have shifted south, which is a major supporter of the Near-term Bull. It is troublesome, though, that most of the major indices penetrated the NTI Bearish Green curve. That penetration may inspire the bear, but there are enough bullish resistant forces remaining in tact to fend off the bear at this time.

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

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

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

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

The NYSE and NASDAQ Indicant Volume Indicators continue configuring with potential robustness. Tuesday’s volume was below recent averages on solid bullish stock market behavior. Last Wednesday’s volume was about the same as Tuesday’s volume on bearish aggression. In spite of wishy-washy volume performance the past two days, there is no evidence the short-term bull is under a bear attack that could be successful. Thursday’s volume, on the other hand, is ominous to the bull’s longevity. Volume was aggressive on bearish aggression. It has been several months since such relational magnitudes have been observed. Friday’s volume was also aggressive on bearish aggressions. This sort of misbehavior is indeed encouraging to the bear.

Short-term ETF Report Card, Status, and Charts

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

The Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 14.7%, annualizing at 34.2%, since their buy signals an average of 22.4-weeks ago.

The NTI is avoiding two-ETF’s. They are down 0.9% since their sell signals an average of 8.3-weeks ago.

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

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up an average of 24.3% since their buy signals an average of 33.4-weeks ago. Those with hold signals are annualizing at 37.8%.

The two avoided ETF’s are down by an average of 28.2% since their sell signals an average of 25.1-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; minority of two, offering limited bullish support. Lost twenty-three the past three days.

NTI Blue Curve Trend; only nine are sloping north; very limited bullish support. Sixteen collapsed on bearish aggression the past three days.

NTI Green Curve Trend; 29-sloping north; strong majority support for non-bearishness. The bear cannot dominate with this configured attribute. This attribute is nearing a bearish threat, but has not yet succumbed.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; a minority of 13-support Quick-term bullishness. The bear cannot dominate with this attribute, either. However, 16-Red Bulls have been lost the past three days.

QTI Bullish Red Curve Trend; 29-sloping north in solid majority support for Quick-term bullishness.

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

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

The Short-term Indicant ETF Key Attributes:

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

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

Vector Pressure Trend; minority of only four moving in bullish direction with miniscule support for the bull. Twenty have reversed direction from bullish to bearish the past four days. This is discerning, but not yet actionable.

Short-term Summary: Volume is suggesting increasing support for the bear. Vector Pressure is directionally supporting the bear, but still holding in bullish domains and thus preventing sell signals. Fundamentals are setting up to support bear, but technically the short-term bull remains in tact.

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on November 16, 2009. It is down 0.7% since that sell signal. It remains solidly bearish in spite of NASDAQ and overall stock market bearishness.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 55.3% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $26.56 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 9.5% since those buy signals, annualizing at 19.9%. Its NTI Bullish Blue Curve collapsed on Dec 8, 2009. A sell signal will be released in the event NTI Green shifts to the south. That had been unlikely, as the oil bull reacted violently to last December’s bear attack. However, price is setting right on the NTI Green, but Pressure remains in bullish domains. It is being testy right now to the hold position.

ETF#11-Gold and Precious Metals is up 32.9% 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 $96.90 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 19.4% since then, annualizing at 25.6%.

ETF#14-TLT-Long Government received a sell signal on Dec 4, 2009 from both the Near-term and Quick-term Indicant. It is down 1.1% since that sell signal. All TLT attributes remain bearish. It is mounting a charge, but as long as Vector Pressure and its slope remain in bearish domains, there will be no buy signal. Fundamentally, it will be appealing as a safety-net in the event the stock market bear accelerates aggression.

Major ETF Events

Jan 22, 2010-Fri-Aggressive bearishness for three consecutive days have not disrupted support for the Short-term Bull, but several NTI Bullish Blue Curves collapsed today. Even with that, there were no sell signals as the lower limit NTI Green Curve continues rising and Vector Pressure remains in bullish domains.

Jan 21, 2010-Thu-Politicians are now attacking banks. Although banks are a problem, politicians will only worsen it. The political attack will no doubt have a sinister angle and thus damaging to the capital markets.

Jan 20, 2010-Wed-Just as the Massachusetts’ senatorial election excited the bull, communists threaten Google’s profit potential in China. The control freak phenomenon is worldwide. When the freaks exert their authority, the bear responds gleefully and aggressively, which is what occurred.

Jan 19, 2010-Tue-The Election of Republican Scott Brown in Massachusetts is fundamentally bullish as this should slow the process of socialism and other stupid ideas from the social elite.

Current Strategy-Short-term Indicant- Jan 19, 2010-Holding remains safe.

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

Other links:

Short-term Indicant for DJIA and NASDAQ

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

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

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

Happy Investing,

Indicant.Net

www.indicant.net

01/22/10

Jan 21, 2010 Indicant Daily Stock Market Report

Volume 01, Issue 13 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

ETF#21-Brazil endured extreme bearish aggression. Its NTI Bullish Blue curve collapsed today. It fell below the NTI Bearish Green curve on today’s bearish aggression. It did not receive a sell signal since Vector Pressure remains positive. This particular ETF has been one of the most bullish since 2003, but took it on the chin today. It is up 67.3% since the Quick-term Indicant signaled buy on April 3, 2009. The Quick-term Indicant will not signal sell until it contact the bearish yellow curve, which continues to rise. The Near-term Indicant will signal sell when Pressure falls into bearish domains. Do not be surprised at volatility between now and then, whenever that happens.

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

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

All eleven major non-contrarian indices are up by an average of 27.3%, annualizing at 43.1%, since the NTI signaled bull an average of 32.9-weeks ago. The lone bear is the VIX and it is up 5.2% since its bear signal 7.1-weeks ago. The VIX was solidly bullish today, but not yet configured for a bull signal. Pressure remains too negative to justify a bull signal.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up by an average of 20.9%, annualizing at 33.8%, since their bull signals an average of 32.1-weeks ago.

The lone QTI bear, VIX, is down 38.0% since its bear signal 40.0-weeks ago.

The overall stock market remains configured without sustainable bearish threats. However, Force Vectors dipped into bearish domains with today’s bearish behavior. So far, the support is for no more than a bearish spurt.

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

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

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

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

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

NTI-Blue Bull Count; One of eleven non-contrarian, offering weak support for the Near-term Bull. Several were lost on bearish aggression.

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

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

STI-Force Vector Position – Seven of the non-contrarian are in bearish domains offering the bear some near-term support. None are in bullish domains, offering the bull no support.

STI-Vector Pressure Trend-None of the non-contrarian are moving bullishly, offering the bear support.

Short-term Summary-Overall-Most attributes remain supportive of the Short-term Bull, even though several have weakened in that support. Negative (bearish) Vector Pressure is a source of concern at this time.

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

-Political Climate – Tuesday’s bullish aggression was anticipatory of a victory by anti-socialist candidate Scott Brown of Massachusetts. The check-and-balance vote is fundamentally bullish. Wednesday’s bearish aggression was stimulated, in part, by the Chinese communists to Google’s internet business. Today’s bearish expression was stimulated by U.S. politicians attacking the capital markets; not too dissimilar to Chinese communistic behavior. Those control freaks think they know what is best for all.

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

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

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

The NYSE and NASDAQ Indicant Volume Indicators continue configuring with potential robustness. Tuesday’s volume was below recent averages on solid bullish stock market behavior. Yesterday’s volume was about the same as Tuesday’s volume on bearish aggression. In spite of wishy-washy volume performance the past two days, there is no evidence the short-term bull is under a bear attack that could be successful. Today’s volume, on the other hand, is ominous to the bull’s longevity. Volume was aggressive on bearish aggression. It has been several months since such relational magnitudes have been observed.

Short-term ETF Report Card, Status, and Charts

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

The Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 17.0%, annualizing at 39.7%, since their buy signals an average of 22.3-weeks ago.

The NTI is avoiding two-ETF’s. They are down 3.4% since their sell signals an average of 8.1-weeks ago.

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

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up an average of 26.7% since their buy signals an average of 33.2-weeks ago. Those with hold signals are annualizing at 41.8%.

The two avoided ETF’s are down by an average of 29.3% since their sell signals an average of 24.9-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; minority of five, offering mild bullish support. Lost twenty-one the past two days.

NTI Blue Curve Trend; a majority of 25-sloping north; strong bullish support. Five shifted south on today’s bearish aggression.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; solid majority of 22-support Quick-term bullishness. The bear cannot dominate with this attribute, either. Lost seven Red Bulls the past two days.

QTI Bullish Red Curve Trend; 29-sloping north in solid majority support for Quick-term bullishness.

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

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

The Short-term Indicant ETF Key Attributes:

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

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

Vector Pressure Trend; minority of six moving in bullish direction, supporting bull. Seventeen have reversed direction the past three days. This is a bit discerning, but not yet actionable.

Short-term Summary: Attributes remain in support of the bull, but now being challenged.

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on November 16, 2009. It is down 6.1% since that sell signal. It remains solidly bearish in spite of NASDAQ and overall stock market bearishness.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 57.7% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $26.64 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 12.2% since those buy signals, annualizing at 25.6%. Its NTI Bullish Blue Curve collapsed on Dec 8, 2009. A sell signal will be released in the event NTI Green shifts to the south. That is unlikely, as the oil bull reacted violently to last December’s bear attack. It is cooling off a bit, but attributes remain in support of the petro-bull.

ETF#11-Gold and Precious Metals is up 33.1% 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 $96.80 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 19.7% since then, annualizing at 26.0%.

ETF#14-TLT-Long Government received a sell signal on Dec 4, 2009 from both the Near-term and Quick-term Indicant. It is down 0.9% since that sell signal. All TLT attributes are bearish. It is mounting a charge, but as long as Vector Pressure and its slope remain in bearish domains, there will be no buy signal. Fundamentally, it will be appealing as a safety-net in the event the stock market bear accelerates aggression.

Major ETF Events

Jan 19, 2010-Tue-The Election of Republican Scott Brown in Massachusetts is fundamentally bullish as this should slow the process of socialism and other stupid ideas from the social elite.

Current Strategy-Short-term Indicant- Jan 19, 2010-Holding remains safe.

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

Other links:

Short-term Indicant for DJIA and NASDAQ

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

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

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

Happy Investing,

Indicant.Net

www.indicant.net

01/21/10

Jan 20, 2010 Indicant Daily Stock Market Report

Volume 01, Issue 12 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

Short-term attributes remain in support of the overall stock market bull. Communistic disruptions to Google’s profit potential in China could depress bullish ambition, but there are no indications the current Short-term bull is ready to expire.

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

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

All eleven major non-contrarian indices are up by an average of 29.2%, annualizing at 46.5%, since the NTI signaled bull an average of 32.7-weeks ago. The lone bear is the VIX and it is down 11.6% since its bear signal 7.0-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up by an average of 22.8%, annualizing at 37.1%, since their bull signals an average of 32.0-weeks ago.

The lone QTI bear, VIX, is down 47.9% since its bear signal 39.9-weeks ago.

The overall stock market remains configured without bearish threats.

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

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

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

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

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

NTI-Blue Bull Count; Four of eleven non-contrarian, offering minority support for the Near-term Bull.

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

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

STI-Force Vector Position – None of the non-contrarian are in bearish domains offering the bear no support. Equally, none are in bullish domains offering the bull no support, as well.

STI-Vector Pressure Trend-A minority of one non-contrarian moving bullishly, offering mild bullish support.

Short-term Summary-Overall-Most attributes remain supportive of the Short-term Bull, even though several have weakened in that support.

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

-Political Climate – Yesterday’s bullish aggression was anticipatory of a victory by anti-socialist candidate Scott Brown of Massachusetts. The check-and-balance vote is fundamentally bullish. Today’s bearish aggression was stimulated, in part, due to the threat by the Chinese government to Google’s internet business. One can suppose there will always be control freaks who think they know what is best (for them).

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

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

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.

Short-term ETF Report Card, Status, and Charts

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

The Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 19.4%, annualizing at 45.5%, since their buy signals an average of 22.1-weeks ago.

The NTI is avoiding two-ETF’s. They are down 4.6% since their sell signals an average of 8.0-weeks ago.

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

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up an average of 29.3% since their buy signals an average of 33.1-weeks ago. Those with hold signals are annualizing at 46.0%.

The two avoided ETF’s are down by an average of 29.9% since their sell signals an average of 24.8-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; minority of 15-offering bullish support. Lost eleven today.

NTI Blue Curve Trend; solid majority of 30-sloping north; strong bullish support.

NTI Green Curve Trend; 29-sloping north; strong majority support for non-bearishness. The bear cannot dominate with this configured attribute.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; solid majority of 26-support Quick-term bullishness. The bear cannot dominate with this attribute, either. Lost three Red Bulls today.

QTI Bullish Red Curve Trend; 29-sloping north in solid majority support for Quick-term bullishness.

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

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

The Short-term Indicant ETF Key Attributes:

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

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

Vector Pressure Trend; minority of 11-moving in bullish direction, supporting bull.

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

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on November 16, 2009. It is down 7.8% since that sell signal. It remains solidly bearish.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 58.5% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $26.72 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 14.5% since those buy signals, annualizing at 30.7%. Its NTI Bullish Blue Curve collapsed on Dec 8, 2009. A sell signal will be released in the event NTI Green shifts to the south. That is unlikely, as the oil bull reacted violently to last December’s bear attack. It is cooling off a bit, but attributes remain in support of the petro-bull.

ETF#11-Gold and Precious Metals is up 35.1% since the QTI signaled buy on December 11, 2008. Annualized growth is at 31.2%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $96.69 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 21.4% since then, annualizing at 28.5%.

ETF#14-TLT-Long Government received a sell signal on Dec 4, 2009 from both the Near-term and Quick-term Indicant. It is down 1.4% since that sell signal. All TLT attributes are bearish. It is mounting a charge, but as long as Vector Pressure and its slope remain in bearish domains, there will be no buy signal.

Major ETF Events

Jan 19, 2010-Tue-The Election of Republican Scott Brown in Massachusetts is fundamentally bullish as this should slow the process of socialism and other stupid ideas from the social elite.

Current Strategy-Short-term Indicant- Jan 19, 2010-Holding remains safe.

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

Other links:

Short-term Indicant for DJIA and NASDAQ

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

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

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

Happy Investing,

Indicant.Net

www.indicant.net

01/20/10

Jan 19, 2010 Indicant Daily Stock Market Report

Volume 01, Issue 11 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

Short-term attributes remain in support of the overall stock market bull. Today’s election in Massachusetts is fundamentally bullish.

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

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

All eleven major non-contrarian indices are up by an average of 30.8%, annualizing at 49.2%, since the NTI signaled bull an average of 32.6-weeks ago. The lone bear is the VIX and it is down 17.0% since its bear signal 6.9-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 24.3%, annualizing at 39.3%, since their bull signals an average of 31.8-weeks ago.

The lone QTI bear, VIX, is down 51.1% since its bear signal 39.7-weeks ago.

The overall stock market remains configured without bearish threats.

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

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

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

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

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

NTI-Blue Bull Count; Ten of eleven non-contrarian, offering solid majority support for the Near-term Bull.

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

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

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

STI-Vector Pressure Trend-A minority of four non-contrarian moving bullishly, offering mild bullish support.

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

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

-Political Climate – Today’s bullish aggression was anticipatory of a victory by anti-socialist candidate Scott Brown of Massachusetts. The check-and-balance vote is fundamentally bullish.

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

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

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

The NYSE and NASDAQ Indicant Volume Indicators continue configuring with potential robustness. Today’s volume was below recent averages on solid bullish stock market behavior. However, as repeatedly stated for several months, current configurations suggest a continuation of status quo, which remains bullish.

Short-term ETF Report Card, Status, and Charts

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

The Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 21.2%, annualizing at 50.0%, since their buy signals an average of 22.0-weeks ago.

The NTI is avoiding two-ETF’s. They are down 6.4% since their sell signals an average of 7.9-weeks ago.

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

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up an average of 31.2% since their buy signals an average of 33.0-weeks ago. Those with hold signals are annualizing at 49.3%.

The two avoided ETF’s are down by an average of 31.0% since their sell signals an average of 24.6-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; majority of 26-offering bullish support.

NTI Blue Curve Trend; solid majority of 29-sloping north; strong bullish support.

NTI Green Curve Trend; 29-sloping north; strong majority support for non-bearishness. The bear cannot dominate with this configured attribute.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; solid majority of 29-support Quick-term bullishness. The bear cannot dominate with this attribute, either.

QTI Bullish Red Curve Trend; 29-sloping north in solid majority support for Quick-term bullishness.

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

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

The Short-term Indicant ETF Key Attributes:

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

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

Vector Pressure Trend; minority of 14-moving in bullish direction, supporting bull.

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

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on November 16, 2009. It is down 10.4% since that sell signal. It remains solidly bearish.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 59.7% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $26.81 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 16.3% since those buy signals, annualizing at 34.8%. Its NTI Bullish Blue Curve collapsed on Dec 8, 2009. A sell signal will be released in the event NTI Green shifts to the south. That is unlikely, as the oil bull reacted violently to last December’s bear attack. It is cooling off a bit, but bullish attributes remain solid.

ETF#11-Gold and Precious Metals is up 38.3% since the QTI signaled buy on December 11, 2008. Annualized growth is at 34.1%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $96.59 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 24.3% since then, annualizing at 32.4%.

ETF#14-TLT-Long Government received a sell signal on Dec 4, 2009 from both the Near-term and Quick-term Indicant. It is down 2.4% since that sell signal. All TLT attributes are solidly bearish.

Major ETF Events

Jan 19, 2010-Tue-The Election of Republican Scott Brown in Massachusetts is fundamentally bullish as this should slow the process of socialism and other stupid ideas from the social elite.

Current Strategy-Short-term Indicant- Jan 19, 2010-Holding remains safe.

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

Other links:

Short-term Indicant for DJIA and NASDAQ

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

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

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

Happy Investing,

Indicant.Net

www.indicant.net

01/19/10

Jan 15, 2010 Indicant Daily Stock Market Report

Volume 01, Issue 10 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Short-term Indicant Stock Market Report - Summary

Short-term attributes remain in support of the overall stock market bull. Reviewing the charts, you will conclude Friday’s bearish aggression is “normal.” As long as Near-term Blue Bulls remain in tact, the bull lives. If they all perish, the next step to monitor is interaction with the Near-term Bearish Green curve and they all continue moving north/northeast on the charts. Bullish Vector Pressure remains solidly in support of the Short-term Bull. Nearly all other configurations remain supportive of the bull.

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

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

All eleven major non-contrarian indices are up by an average of 29.2%, annualizing at 47.5%, since the NTI signaled bull an average of 32.0-weeks ago. The lone bear is the VIX and it is down 14.7% since its bear signal 6.3-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 22.7%, annualizing at 37.8%, since their bull signals an average of 31.3-weeks ago.

The lone QTI bear, VIX, is down 49.7% since its bear signal 39.1-weeks ago.

The overall stock market remains configured without bearish threats.

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

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

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

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

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

NTI-Blue Bull Count; Seven, offering solid majority support for the Near-term Bull.

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

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

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

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

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

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

-Political Climate – Congress again barking about healthcare legislation. This is one reason for semi-passive bullish behavior. The Massachusetts’s senatorial election is of special interest. A check-and-balance vote will be fundamentally bullish.

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

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

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

The NYSE and NASDAQ Indicant Volume Indicators continue configuring with potential robustness. Some of this bounce is due to elevating depressed holiday volume. Monday’s volume was mild on mild bullishness. Tuesday’s volume was somewhat aggressive on mild bearishness, depending on the index or funds you are interested in. You may recall this was the first data point describing potential volume support for bearish interest. Wednesday’s volume was mild on mild overall bullishness, while NASDAQ’s bull was a bit more aggressive than the other major indices. Thursday’s non-descriptive volume behavior, coupled with mild bullishness, supports continuing the theme of status quo, which is bullish. However, today’s bearish aggression was accompanied with volume aggression. That is the second time this occurred this week. There are now two data points suggesting an increase in bearish interest. Current configurations remain supportive of the bull, but do not be surprised at non-bullish behavior for a few more days.

Short-term ETF Report Card, Status, and Charts

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

The Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 19.6%, annualizing at 47.7%, since their buy signals an average of 21.4-weeks ago.

The NTI is avoiding two-ETF’s. They are down 4.8% since their sell signals an average of 7.3-weeks ago.

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

The Quick-term Indicant is signaling hold for 29-ETF’s. They are up an average of 29.6% since their buy signals an average of 32.4-weeks ago. Those with hold signals are annualizing at 47.5%.

The two avoided ETF’s are down by an average of 30.2% since their sell signals an average of 24.1-weeks ago.

Near-term Indicant ETF Key Attributes

NTI Blue Bulls Count; majority of 21-offering bullish support.

NTI Blue Curve Trend; solid majority of 29-sloping north; strong bullish support.

NTI Green Curve Trend; 28-sloping north; strong majority support for non-bearishness. The bear cannot dominate with this configured attribute.

Quick-term Indicant ETF Key Attributes

QTI Red Bull Count; solid majority of 28-support Quick-term bullishness. The bear cannot dominate with this attribute, either.

QTI Bullish Red Curve Trend; 29-sloping north in solid majority support for Quick-term bullishness.

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

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

The Short-term Indicant ETF Key Attributes:

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

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

Vector Pressure Trend; minority of 19-moving in bullish direction, supporting bull.

Short-term Summary: Attributes remain in support of the bull in spite of today’s bearish behavior.

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on November 16, 2009. It is down 7.4% since that sell signal. It remains solidly bearish.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 58.3% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $26.89 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 15.3% since those buy signals, annualizing at 33.3%. Its NTI Bullish Blue Curve collapsed on Dec 8, 2009. A sell signal will be released in the event NTI Green shifts to the south. That is unlikely, as the oil bull reacted violently to last December’s bear attack. It is cooling off a bit, but bullish attributes remain solid.

ETF#11-Gold and Precious Metals is up 37.5% since the QTI signaled buy on December 11, 2008. Annualized growth is at 33.7%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $96.49 and still rising.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 23.6% since then, annualizing at 31.9%.

ETF#14-TLT-Long Government received a sell signal on Dec 4, 2009 from both the Near-term and Quick-term Indicant. It is down 2.1% since that sell signal. All TLT attributes are solidly bearish.

Major ETF Events

Jan 15, 2010-Fri-Bearish aggression did not upset any Short-term attributes configured in support of the bull. Bearishness coincides with somewhat of an overbought configuration.

Jan 14, 2010-Thu-No major events on mild bullishness.

Jan 13, 2010-Wed-No major events on mild bullishness.

Jan 12, 2010-Tue-Bearishness coincides with configurations suggesting near-term cooling. None of the Short-term attributes configured in support of any sustainable bearish behavior.

Jan 11, 2010-Mon-Of minor concern with respect to an immediate horizon are maturing bullish Force Vectors. Although non-threatening to bullish bias, there is an increasing probability of non-bullishness in the face of expiring options this Friday. There is room for one or two more big bumps north, but increasingly improbable before Friday.

Current Strategy-Short-term Indicant- Jan 15, 2010-Holding remains safe.

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

Other links:

Short-term Indicant for DJIA and NASDAQ

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

Short-term Indicant Table for the NASDAQ Composite Index

Indicant Volume Indicator

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

Happy Investing,

Indicant.Net

www.indicant.net

01/15/10

Jan 14, 2010 Indicant Daily Stock Market Report

Volume 01, Issue 09 ISSN 1526 6516 QT/ST

Short-term Indicant Stock Market Report - Summary

Short-term attributes remain in support of the overall stock market bull. The Short-term bull remains dominant in spite of the bull’s quietness over the past few days.

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

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

All eleven major non-contrarian indices are up by an average of 30.6%, annualizing at 50%, since the NTI signaled bull an average of 31.9-weeks ago. The lone bear is the VIX and it is down 15.3% since its bear signal 6.1-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 24.1%, annualizing at 40.2%, since their bull signals an average of 31.1-weeks ago.

The lone QTI bear, VIX, is down 50.1% since its bear signal 39.0-weeks ago.

The overall stock market remains configured without bearish threats.

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

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

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

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

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

NTI-Blue Bull Count; Ten, offering solid majority support for the Near-term Bull.