Jul 29, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 20 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Bearish attributes
are increasing in numbers along the near-term cycle. There were more
bear/sell signals this Friday, following several throughout the course of
the week. The economy is flat lining. We have stagflation, which has been
summarized in the weekly report for several months.
There are no QTI Red
Bulls among the major indices, weakening the bull’s counterattack capacity
to the stock market bear.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
Force is now populating bearish domains. Pressure is drifting in a bearish
direction. Indices are falling below NTI Green. However, bearish unanimity
among the major indices. The NAS and NAS100 are still strong.
Report Card Summary
The
Near-term Indicant signaled no new bulls and two new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for six major non-contrarian indices
and contrarian VIX. Combined, they are up by an average of 1.5% since
their bull signals an average of 3.7-weeks ago, annualizing at 20.4%.
The
Quick-term Indicant signaled bull for contrarian VIX this past Wednesday.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average and contrarian VIX for an average of 39.2-weeks.
They are up by an average of 15.7% since their bull signals, annualizing
at 20.9%.
The
Dow30 and Dow Composites fell below NTI Green today with declining Force.
They received Near-term bear signals today, as a result of that.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. Normalcy with respect to summertime’s
depressed volume is now completely configured. The NYSE Indicant Volume
Indicator remains in low interest domains but approaching high interest.
Jul
29-Fri-Volume was average on mild bearishness is basically non-event.
Jul
28-Thu-Average volume on mixed behavior is holding cards close to the
stock market chest. Nothing can be interpreted here.
Jul
27-Wed-Aggressive volume on bearish aggression is incentive for additional
bearish aggression.
Jul
26-Tue-Again low summertime volume on mild bearishness offers little
potential for drama.
Jul
25-Mon-Contrary to headlines, low volume on mild bearishness does not
suggest debt ceiling related sell-offs. Just another hot summer day with
most at the beach.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated two buy signals and four sell signals.
The
Near-term Indicant is signaling hold for 18-ETF’s. They are down 0.3%
since their buy signals an average of 3.9-weeks ago.
The
NTI is avoiding eight ETF’s. They are down by an average of 0.4% since
their sell signals an average of 0.3-weeks ago.
The
Quick-term Indicant generated one buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 21.9% since their buy signals an average of 46.9-weeks ago.
This annualizes at 24.3%.
The
Quick-term Indicant is avoiding two ETF’s. They are down by an average of
11.9% since the QTI sell signal an average of 10.6-weeks ago.
Contrarian Funds
ETF#03-Natural
Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 0.5% since that
buy signal, annualizing at 6.6%. Since Pressure is in bullish domains,
consider setting stop loss to average of NTI Blue (77.85) and Green until
such time Green (73.72) crosses above buy price (76.06). As you can see,
NTI Blue continues to increase. NTI Green increased for the first time in
this cycle on Mon-Jul 18. Unfortunately, Force fell below Pressure on
Friday. It also penetrated bearish domains. The next sell signal is when
price falls below NTI Green or falls below buy price, depending on Force
Vector behavior. As you can see, it is having difficulty crossing above
prior peak price.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 42.1%,
annualizing at 47.8% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold
and Precious Metals
is
up 96.3% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 36.1%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $136.40 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $158.29.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 5.4% since that buy signal, annualizing at
91.7%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long
Government
received a buy signal today from both the Near-term and Quick-term
Indicant models. Force crossed into bullish domains and above positive
Pressure.
ETF#31-QID
received a buy signal on Friday by the Near-term Indicant. Again
attributes shifted bullishly in spite of QQQQ’s continuing hold signal.
Force climbed into bullish domains and thus a buy signal was triggered
even though there is no sell signal for QQQQ (or QLD).
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 19.5% since that sell
signal. The Near-term Indicant signaled buy this past Thursday. Force
elevated above Pressure and into bullish domains today.
The
VIX was up considerably (>6.0%) this Friday. Yet the VXX was down. This
fund will be removed from Indicant daily tracking in the next few days.
Major ETF Events
Jul 29-Fri-Bearish
attributes continue strengthening. Consequently, there were more sell/bear
signals. The economy is flat lining.
Jul 28-Thu-Bearish
attributes are strengthening along the near-term cycle and bullish
attributes are equally strengthening for contrarian ETF’s.
Jul 27-Wed-Strong
volume coupled to strong bearishness is a significant challenge to
short-term bull. The Dow Transports and S&P600 received Near-term Bear
signals today. Their Force Vectors fell into bearish domains from shallow
bullish domains. That is a bearish configuration.
Jul 26-Tue-VIX, VXX,
and QID Force Vectors shifted north today.
Jul 25-Mon-There were
none.
Current Strategy-Short-term Indicant- Jul 29, 2011. Vector
Pressure remains in bullish domains, offering resistance to bearish
ambition along the short-term cycle. However, contrarian Force Vectors
shifted north this past Tuesday and accelerated for the remainder of this
past week, offering potential for additional bearish shenanigans.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/29/2011
Jul 28, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 19 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Bearish attributes
are increasing in numbers along the near-term cycle. The S&P400-Midcap
Index received a bear signal. Force fell into bearish domains and the
index fell below the NTI Green.
There are no QTI Red
Bulls among the major indices, weakening the bull’s counterattack capacity
to the stock market bear.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
Several Force Vectors shifted south the past two days. That is discerning
since this shift is well below the last bullish peak by Force.
Report Card Summary
The
Near-term Indicant signaled no new bulls and one new bear.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for eight major non-contrarian
indices. They are up by an average of 0.7% since their bull signals on
June 28, annualizing at 10.3%. Contrarian VIX received a NTI bull signal
yesterday, as its Force Vector climbed into bullish domains and crossed
above NTI Blue and QTI Red. It was up 3.5% today.
The
Quick-term Indicant signaled bull for contrarian VIX this past Wednesday.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 39.1-weeks. They are up by an average of 15.7%
since their bull signals, annualizing at 21.0%. The VIX received a bull
signal today.
The Near-term
Indicant signaled bear for the S&P400 as fell below NTI-Green with weak
Force.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. Normalcy with respect to summertime’s
depressed volume is now completely configured. The NYSE Indicant Volume
Indicator remains in low interest domains but approaching high interest.
Jul
28-Thu-Average volume on mixed behavior is holding cards close to the
stock market chest. Nothing can be interpreted here.
Jul
27-Wed-Aggressive volume on bearish aggression is incentive for additional
bearish aggression.
Jul
26-Tue-Again low summertime volume on mild bearishness offers little
potential for drama.
Jul
25-Mon-Contrary to headlines, low volume on mild bearishness does not
suggest debt ceiling related sell-offs. Just another hot summer day with
most at the beach.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated one buy signals and two sell signals.
The
Near-term Indicant is signaling hold for 21-ETF’s. They are down 0.2%
since their buy signals an average of 4.0-weeks ago.
The
NTI is avoiding three ETF’s. They are down by an average of 0.5% since
their sell signals an average of 1.1-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 22.2% since their buy signals an average of 46.8-weeks ago.
This annualizes at 24.7%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 6.9% since the QTI sell signal an average of 8.3-weeks ago.
Contrarian Funds
ETF#03-Natural
Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 1.5% since that
buy signal, annualizing at 20.3%. Since Pressure is in bullish domains,
consider setting stop loss to average of NTI Blue (77.67) and Green until
such time Green (73.61) crosses above buy price (76.06). As you can see,
NTI Blue continues to increase. NTI Green increased for the first time in
this cycle on Mon-Jul 18.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 43.6%,
annualizing at 49.6% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold
and Precious Metals
is
up 95.1% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 35.7%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $136.24 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $157.32.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 4.7% since that buy signal, annualizing at
84.7%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long
Government
received a sell signal on June 29 from the Near-term Indicant. It is up
2.2% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 2.4% since then. Force remains in bearish domains, but shifted to
the north today. It will receive a buy signal once it crosses back into
bullish domains and higher than Pressure.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
It
is down 4.9% since those sell signals. Its Force Vector turned north last
Tuesday, offering some potential for a buy. It needs to cross above
Pressure and/or into bullish domains before buying though.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 18.0% since that sell
signal. The Near-term Indicant signaled buy today. Force elevated above
Pressure and into bullish domains today.
Major ETF Events
Jul 28-Thu-Bearish
attributes are strengthening along the near-term cycle and bullish
attributes are equally strengthening for contrarian ETF’s.
Jul 27-Wed-Strong
volume coupled to strong bearishness is a significant challenge to
short-term bull. The Dow Transports and S&P600 received Near-term Bear
signals today. Their Force Vectors fell into bearish domains from shallow
bullish domains. That is a bearish configuration.
Jul 26-Tue-VIX, VXX,
and QID Force Vectors shifted north today.
Jul 25-Mon-There were
none.
Current Strategy-Short-term Indicant- Jul 28, 2011. Vector
Pressure remains in bullish domains, offering resistance to bearish
ambition along the short-term cycle. However, contrarian Force Vectors
shifted north this past Tuesday and accelerated negatively on Wednesday,
offering potential for bearish shenanigans.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/28/2011
Jul 27, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 18 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Contrarian Force
Vectors shifted north yesterday and accelerated today. Non-contrarian
bulls endured trauma on today’s bearish behavior. The
Dow Transports and
S&P600 Force Vectors fell into bearish domains with collapsing NTI
Blue curves, and prices below NTI Green. Those are solid bearish
configurations.
The high number of
protective Red Bulls no longer exists. There is only one; the
Dow Utilities.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
Several Force Vectors shifted south the past two days. That is discerning
since this shift is well below the last bullish peak by Force.
Report Card Summary
The
Near-term Indicant signaled one new bull and two new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for eight major non-contrarian
indices. They are up by an average of 0.3% since their bull signals on
June 28, annualizing at 4.5%. Contrarian VIX received a NTI bull signal
today. Force climbed into bullish domains and
The
Quick-term Indicant signaled bull for contrarian VIX today.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 42.5-weeks. They are up by an average of 17.2%
since their bull signals, annualizing at 21.0%. The VIX received a bull
signal today. This performance metric will change dramatically tomorrow
due to VIX’s inclusion and if its bull signal holds through tomorrow.
Unfortunately, the
VIX crossed above Pressure and into bullish domains. The Dow Transports
and S&P600 prices fell below NTI Green with declining Force into bearish
domains and less than Pressure. Congress is now scaring the stock markets.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. Normalcy with respect to summertime’s
depressed volume is now completely configured. The NYSE Indicant Volume
Indicator remains in low interest domains but approaching high interest.
Jul
27-Wed-Aggressive volume on bearish aggression is incentive for additional
bearish aggression.
Jul
26-Tue-Again low summertime volume on mild bearishness offers little
potential for drama.
Jul
25-Mon-Contrary to headlines, low volume on mild bearishness does not
suggest debt ceiling related sell-offs. Just another hot summer day with
most at the beach.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and six sell signals.
The
Near-term Indicant is signaling hold for 23-ETF’s. They are down 0.3%
since their buy signals an average of 3.8-weeks ago.
The
NTI is avoiding three ETF’s. They are up by an average of 2.5% since their
sell signals an average of 3.9-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 22.5% since their buy signals an average of 46.7-weeks ago.
This annualizes at 25.1%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 7.5% since the QTI sell signal an average of 8.1-weeks ago.
Contrarian Funds
ETF#03-Natural
Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 1.9% since that
buy signal, annualizing at 26.9%. Since Pressure is in bullish domains,
consider setting stop loss to average of NTI Blue (76.06) and Green until
such time Green (73.50) crosses above buy price (76.06). As you can see,
NTI Blue continues to increase. NTI Green increased for the first time in
this cycle on Mon-Jul 18. NTI Green was moving north, but flattened out
today.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 46.9%,
annualizing at 53.8% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold
and Precious Metals
is
up 94.9% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 35.7%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $136.10 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $157.19.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 4.6% since that buy signal, annualizing at
87.5%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long
Government
received a sell signal on June 29 from the Near-term Indicant. It is up
1.8% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 2.0% since then. Force is moving south and in bearish domains. It
will receive a buy signal once it crosses back into bullish domains and
higher than Pressure.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
It
is down 4.6% since those sell signals. Its Force Vector turned north
yesterday, offering some potential for a buy. It needs to cross above
Pressure and/or into bullish domains before buying though.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 19.9% since that sell
signal. It is up 10.2% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector shifted north yesterday, but
still short of required domains for buying.
Major ETF Events
Jul 27-Wed-Strong
volume coupled to strong bearishness is a significant challenge to
short-term bull. The Dow Transports and S&P600 received Near-term Bear
signals today. Their Force Vectors fell into bearish domains from shallow
bullish domains. That is a bearish configuration.
Jul 26-Tue-VIX, VXX,
and QID Force Vectors shifted north today.
Jul 25-Mon-There were
none.
Current Strategy-Short-term Indicant- Jul 27, 2011. Vector
Pressure remains in bullish domains, offering resistance to bearish
ambition along the short-term cycle. However, contrarian Force Vectors
shifted north this past Tuesday and accelerated negatively on Wednesday,
offering potential for bearish shenanigans.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/27/2011
Jul 26, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 17 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Contrarian Force
Vectors shifted north today. Although not yet threatening, they offer
potential for bearish shenanigans on the short-term cycle. Keep in mind,
as long as there are QTI Red Bulls and NTI Blue Bulls, the bear cannot
dominate.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
Several Force Vectors shifted south today. That is discerning since this
shift is well below the last bullish peak by Force.
However, four QTI Red Bulls and four NTI Blue Bulls prevent sustainable
bearish behavior. Positive Pressure remains and additive to resistance to
bearish desires.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 2.0% since their bull signals on June 28,
annualizing at 26.4%. Contrarian VIX is up 17.0% since its bear signal
3.9-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 42.3-weeks. They are up by an average of 19.7%
since their bull signals, annualizing at 24.2%. The VIX is up 22.3% since
the QTI signaled sell on June 30, 2011.
Although the VIX is
entirely reactionary, its Force shifted north today. It is also above NTI
Blue. If Force crosses Pressure and into bullish domains, it will receive
a near-term and quick-term bull signal.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. Normalcy with respect to summertime’s
depressed volume is now completely configured. The NYSE Indicant Volume
Indicator remains in low interest domains but approaching high interest.
Jul
26-Tue-Again low summertime volume on mild bearishness offers little
potential for drama.
Jul
25-Mon-Contrary to headlines, low volume on mild bearishness does not
suggest debt ceiling related sell-offs. Just another hot summer day with
most at the beach.
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 1.1% since
their buy signals an average of 3.7-weeks ago, annualizing at 16.0%.
The
NTI is avoiding three ETF’s. They are down by an average of 1.1% since
their sell signals an average of 3.8-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 25.0% since their buy signals an average of 46.5-weeks ago.
This annualizes at 28.0%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 10.5% since the QTI sell signal an average of 8.0-weeks ago.
Contrarian Funds
ETF#03-Natural
Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 3.9% since that
buy signal, annualizing at 56.2%. Since Pressure is in bullish domains,
consider setting stop loss to average of NTI Blue (77.24) and Green until
such time Green (73.27) crosses above buy price (76.06). As you can see,
NTI Blue continues to increase. NTI Green increased for the first time in
this cycle on Mon-Jul 18. NTI Green continues moving north and less than
three dollars from attaining buy price.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 46.9%,
annualizing at 53.8% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold
and Precious Metals
is
up 95.6% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 36.0%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $135.97 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $157.77.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 5.0% since that buy signal, annualizing at
100.1%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long
Government
received a sell signal on June 29 from the Near-term Indicant. It is up
1.8% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 2.0% since then. Force is moving south and in bearish domains. It
will receive a buy signal once it crosses back into bullish domains and
higher than Pressure.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
It
is down 9.1% since those sell signals. Its Force Vector turned north
today, offering some potential for a buy. It needs to cross above Pressure
and/or into bullish domains before buying though.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 24.4% since that sell
signal. It is up 4.1% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector shifted north today.
Major ETF Events
Jul 26-Tue-VIX, VXX,
and QID Force Vectors shifted north today.
Jul 25-Mon-There were
none.
Current Strategy-Short-term Indicant- Jul 26, 2011. Vector
Pressure remains in bullish domains, offering resistance to bearish
ambition along the short-term cycle. However, contrarian Force Vectors
shifted north on Tuesday, offering potential for bearish shenanigans.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/26/2011
Jul 25, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 16 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Short-term attributes
continue support for short-term bull cycles. Contrary to politicians’
weekend projections of capital markets crashing, today’s mild bearish
behavior was simply a low volume summer time stock market. Headlines
suggested the absence of debt ceiling deals caused today’s bearish
behavior. Rest assured, those in the liberal arts no little about.
Technically, the
stock market continues finding difficulty surpassing prior cyclical highs.
The debt ceiling debate will only become relevant if and when a default
actually occurs or it becomes obvious it will occur.
President Obama wants
the sky for himself. He apparently wishes to fly around in Air Force One
without any congestion derived from corporate jets. That is the nature of
the intellectual elites; that is, “only I can enjoy the nice life. You
servants need to know your place.”
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
Contrary to politicians’ projections this past weekend and headlines
today, the Asian markets did not collapse on the absence of a debt ceiling
deal. Mild bearish behavior coupled with light volume is basically a
non-event.
Force Vectors appear to be tiring in their current bullish cycle, while
VIX Force appears to be bottoming. So, there could be some added
volatility in the next few days.
Seven QTI Red Bulls and five NTI Blue Bulls prevent sustainable bearish
behavior.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 2.5% since their bull signals on June 28,
annualizing at 34.9%. Contrarian VIX is up 12.0% since its bear signal
3.7-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 42.2-weeks. They are up by an average of 20.3%
since their bull signals, annualizing at 25.1%. The VIX is up 17.1% since
the QTI signaled sell on June 30, 2011.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. Normalcy with respect to summertime’s
depressed volume is now completely configured. The NYSE Indicant Volume
Indicator remains in low interest domains but approaching high interest.
Jul
25-Mon-Contrary to headlines, low volume on mild bearishness does not
suggest debt ceiling related sell-offs. Just another hot summer day with
most at the beach.
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 1.4% since
their buy signals an average of 3.6-weeks ago, annualizing at 20.9%.
The
NTI is avoiding three ETF’s. They are down by an average of 2.0% since
their sell signals an average of 3.6-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 25.4% since their buy signals an average of 46.4-weeks ago.
This annualizes at 28.5%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 11.2% since the QTI sell signal an average of 7.9-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 4.4% since that
buy signal, annualizing at 66.1%. Since Pressure is in bullish domains,
consider setting stop loss to average of NTI Blue (76.99) and Green until
such time Green (73.00) crosses above buy price (76.06). As you can see,
NTI Blue continues to increase. NTI Green increased for the first time in
this cycle on Mon-Jul 18. NTI Green continues moving north and less than
three dollars from attaining buy price.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 47.6%,
annualizing at 54.8% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 95.1% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 35.8%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $135.84 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $157.34.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 4.7% since that buy signal, annualizing at
99.9%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on June 29 from the Near-term Indicant. It is up
1.1% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 1.3% since then. Force is moving south. This ETF was again not
contrarian.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
It
is down 8.8% since those sell signals. Its Force Vector is shifting south,
supporting non-bullishness in this contrarian fund.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 26.0% since that sell
signal. It is down 1.8% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector continues moving south
(bearishly) with Pressure in bearish domains. That is a bearish
configuration.
Major ETF Events
Jul 25-Mon-There were
none.
Current Strategy-Short-term Indicant- Jul 25, 2011. Vector
Pressure remains in bullish domains, offering resistance to bearish
ambition along the short-term cycle.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/25/2011
Jul 22, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 15 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force started moving
bullishly this past Tuesday, paralleling stock market bullish aggression.
Force Vectors continued in a bullish direction the past three days. Many
crossed above Pressure this past week, adding to bullish confidence. Most
non-contrarian Vector Pressure is in bullish domains, which adds to
bullish potential. Nearly all short-term attributes support the short-term
bull cycle.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
Force penetrated bullish domains on last Tuesday’s aggressively bullish
behavior. Most indices crossed above Pressure on Thursday’s bullish
aggression. All this is bullish along the near-term cycle. The NAS100 is
again nearing recent peaks. Its passage above those levels should be
inspirational to the stock market bull. If not, the bear will be inspired.
Nine
QTI Red Bulls and eight NTI Blue Bulls prevent sustainable bearish
behavior.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 3.0% since their bull signals on June 28,
annualizing at 47.6%. Contrarian VIX is up 1.4% since its bear signal
3.3-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 41.8-weeks. They are up by an average of 20.9%
since their bull signals, annualizing at 26.1%. The VIX is up 6.1% since
the QTI signaled sell on June 30, 2011.
This paragraph is
repeated from last Thursday’s daily stock market report. VIX Force is
above Pressure and in bullish domains. That is normally bullish. However,
it is bullishly mature and remains configured for VIX bearishness.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains but
approaching high interest.
Jul
22-Fri-Light volume on mild mixed behavior is not confrontational to the
newly evolving near-term bull cycle.
Jul
21-Thu-Relative to recent history, volume was up significantly on stock
market bullish aggression. That bodes very well, indeed, for the new
near-term bull cycle.
Jul
20-Wed-No dramatics again. Low volume on mild bearish behavior is nothing
Jul
19-Tue-Up volume on bullish aggression is inspirational to the bull’s
continuation.
Jul
18-Mon-Normal volume on bearish aggression offers little volume related
interpretations with current configurations.
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 2.0% since
their buy signals an average of 3.1-weeks ago, annualizing at 32.8%.
The
NTI is avoiding three ETF’s. They are down by an average of 2.9% since
their sell signals an average of 3.2-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 26.1% since their buy signals an average of 45.9-weeks ago.
This annualizes at 29.5%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 11.8% since the QTI sell signal an average of 7.4-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 4.8% since that
buy signal, annualizing at 82.7%. Since Pressure is in bullish domains,
consider setting stop loss to average of NTI Blue (76.72) and Green until
such time Green (72.69) crosses above buy price (76.06). As you can see,
NTI Blue continues to increase. NTI Green increased for the first time in
this cycle on Mon-Jul 18.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 48.2%,
annualizing at 56.0% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 93.6% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 35.3%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $135.72 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $156.12.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 3.9% since that buy signal, annualizing at
100.5%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on June 29 from the Near-term Indicant. It is up
2.3% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 2.4% since then. Force is moving south. This ETF was not contrarian
last Tue and Wed, but solidly bearish on last Thursday’s strong stock
market bullish behavior.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
It
is down 9.1% since those sell signals. Its Force Vector is shifting south,
supporting non-bullishness in this contrarian fund.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 28.7% since that sell
signal. It is down 1.9% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector is again moving south
(bearishly) with Pressure in bearish domains. That is a bearish
configuration.
Major ETF Events
Jul 22-Fri-No major
events.
Jul 21-Thu-There were
no major events.
Jul 20-Wed-There were
no major events.
Jul 19-Tue-The
expected bullish bounce occurred, offering discouragement to the stock
market bear.
Jul 18-Mon-Most
non-contrarian Force Vectors abated bearish slide. This increases
probability of a bullish bounce. If they resume their bearish slide, that
probability vanishes.
Current Strategy-Short-term Indicant- Jul 22, 2011. Vector
Pressure remains in bullish domains, offering resistance to bearish
ambition along the short-term cycle.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/22/2011
Jul 21, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 14 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force started moving
bullishly this past Tuesday, paralleling stock market bullish aggression.
Force Vectors continued in a bullish direction the past two days. Many
crossed above Pressure, adding to bullish confidence. Most non-contrarian
Vector Pressure is in bullish domains, which adds to bullish potential.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
Force penetrated bullish domains on Tuesday’s aggressively bullish
behavior. Most indices crossed above Pressure on Thursday’s bullish
aggression. All this is bullish along the near-term cycle. The NAS100 is
again nearing recent peaks. Its passage above those levels should be
inspirational to the stock market bull. If not, the bear will be inspired.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 2.9% since their bull signals on June 28,
annualizing at 48.3%. Contrarian VIX is up 1.7% since its bear signal
3.1-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 41.6-weeks. They are up by an average of 20.8%
since their bull signals, annualizing at 26.0%. The VIX is up 6.3% since
the QTI signaled sell on June 30, 2011.
This paragraph is
repeated from last Thursday’s daily stock market report. VIX Force is
above Pressure and in bullish domains. That is normally bullish. However,
it is bullishly mature and remains configured for VIX bearishness.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains but
approaching high interest.
Jul
21-Thu-Relative to recent history, volume was up significantly on stock
market bullish aggression. That bodes very well, indeed, for the new
near-term bull cycle.
Jul
20-Wed-No dramatics again. Low volume on mild bearish behavior is nothing
Jul
19-Tue-Up volume on bullish aggression is inspirational to the bull’s
continuation.
Jul
18-Mon-Normal volume on bearish aggression offers little volume related
interpretations with current configurations.
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 1.9% since
their buy signals an average of 3.0-weeks ago, annualizing at 32.5%.
The
NTI is avoiding three ETF’s. They are down by an average of 2.3% since
their sell signals an average of 3.0-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 25.9% since their buy signals an average of 45.8-weeks ago.
This annualizes at 29.4%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 11.3% since the QTI sell signal an average of 7.3-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 4.3% since that
buy signal, annualizing at 77.4%. Since Pressure is in bullish domains,
consider setting stop loss to average of NTI Blue (76.43) and Green until
such time Green (72.31) crosses above buy price (76.06). As you can see,
NTI Blue continues to increase. NTI Green increased for the first time in
this cycle on Mon-Jul 18.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 47.5%,
annualizing at 55.3% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 92.0% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 34.8%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $135.63 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $154.83.
The
Near-term Indicant signaled buy last Friday, as Force penetrated bullish
domains. It is up 3.0% since that buy signal, annualizing at 84.4%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on June 29 from the Near-term Indicant. It is up
1.5% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 1.7% since then. Force is moving south. This ETF was not contrarian
last Tue and Wed, but solidly bearish on today’s stock market bullish
behavior.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
It rebounded and now configured with a high probability of moving south on
QQQQ’s bullish configuration. It is down 7.2% since those sell signals.
Its Force Vector is bullishly mature, supporting non-bullishness in this
contrarian fund.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 28.2% since that sell
signal. It is down 1.2% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector is again moving south
(bearishly) with Pressure in bearish domains. That is a bearish
configuration.
Major ETF Events
Jul 21-Thu-There were
no major events.
Jul 20-Wed-There were
no major events.
Jul 19-Tue-The
expected bullish bounce occurred, offering discouragement to the stock
market bear.
Jul 18-Mon-Most
non-contrarian Force Vectors abated bearish slide. This increases
probability of a bullish bounce. If they resume their bearish slide, that
probability vanishes.
Current Strategy-Short-term Indicant- Jul 21, 2011. Vector
Pressure remains in bullish domains, offering resistance to bearish
ambition.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/21/2011
Jul 20, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 13 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force started moving
bullishly this past Tuesday, paralleling stock market bullish aggression.
Force Vectors continued in a bullish direction with today’s mild/mixed
stock market behavior. The next hurdle for this near-term bullish cycle to
continue is for Force to cross above Pressure. The bear can still be
inspired as Pressure is unnaturally higher than Force. The NASDAQ100 Index
crossed above Pressure today. The remaining indices need to do so for the
bull to gain momentum.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
Force penetrated bullish domains on Tuesday’s aggressively bullish
behavior. Most indices remained below Pressure. As stated yesterday, the
next hurdle for the continued survival of this newly evolving near-term
bullish cycle to mount is Force penetrating above Pressure. The NASDAQ100
Index Force Vector crossed above Pressure today. Although the remaining
indices did not do that, their Force Vectors continued moving north. That
further dampens the bear’s desire to dominate.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 1.7% since their bull signals on June 28,
annualizing at 28.8%. Contrarian VIX is up 10.7% since its bear signal
3.0-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 41.5-weeks. They are up by an average of 19.4%
since their bull signals, annualizing at 24.3%. The VIX is up 15.7% since
the QTI signaled sell on June 30, 2011.
This paragraph is
repeated from last Thursday’s daily stock market report. VIX Force is
above Pressure and in bullish domains. That is normally bullish. However,
it is bullishly mature and remains configured for VIX bearishness.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains but
approaching high interest.
Jul
20-Wed-No dramatics again. Low volume on mild bearish behavior is nothing
Jul
19-Tue-Up volume on bullish aggression is inspirational to the bull’s
continuation.
Jul
18-Mon-Normal volume on bearish aggression offers little volume related
interpretations with current configurations.
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 0.7% since
their buy signals an average of 2.9-weeks ago, annualizing at 12.0%.
The
NTI is avoiding three ETF’s. They are up by an average of 0.2% since their
sell signals an average of 2.9-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 24.5% since their buy signals an average of 45.7-weeks ago.
This annualizes at 27.9%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 9.2% since the QTI sell signal an average of 7.1-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 2.3% since that
buy signal, annualizing at 43.3%. Since Pressure is in bullish domains,
consider setting stop loss to average of NTI Blue (76.14) and Green until
such time Green (71.88) crosses above buy price (76.06). As you can see,
NTI Blue continues to increase. NTI Green increased for the first time in
this cycle on Mon-Jul 18.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 44.6%,
annualizing at 52.2% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 93.5% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 35.4%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $135.54 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $156.02.
The
Near-term Indicant signaled buy last Friday, as Force penetrated bullish
domains. It is up 3.8% since that buy signal, annualizing at 115.2%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on June 29 from the Near-term Indicant. It is up
2.4% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 2.4% since then. Force is moving south. This ETF was not
contrarian the past two days.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
It rebounded and now configured with a high probability of moving south on
QQQQ’s bullish configuration. It is down 5.9% since those sell signals.
Its Force Vector is bullishly mature, supporting non-bullishness in this
contrarian fund.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 24.2% since that sell
signal. It is up 4.3% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector is again moving south
(bearishly) with Pressure in bearish domains. That is a bearish
configuration.
Major ETF Events
Jul 20-Wed-There were
no major events.
Jul 19-Tue-The
expected bullish bounce occurred, offering discouragement to the stock
market bear.
Jul 18-Mon-Most
non-contrarian Force Vectors abated bearish slide. This increases
probability of a bullish bounce. If they resume their bearish slide, that
probability vanishes.
Current Strategy-Short-term Indicant- Jul 20, 2011. Vector
Pressure remains in bullish domains, offering resistance to bearish
ambition.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/20/2011
Jul 19, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 12 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force moved bullishly
today, paralleling stock market bullish aggression. The next hurdle for
this near-term bullish cycle to continue is for Force to cross above
Pressure. The bear can still be inspired as Pressure is unnaturally higher
than Force.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
Force penetrated bullish domains, but still remains below Pressure. The
next hurdle for the continued survival of this newly evolving near-term
bullish cycle to mount is Force penetrating above Pressure. The bear can
be inspired when Pressure exceeds Force. However, Tuesday’s bullish
aggression and shifts in configurations should be dampening to the bear’s
desire.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 1.7% since their bull signals on June 28,
annualizing at 31.4%. Contrarian VIX is up 11.2% since its bear signal
2.9-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 41.3-weeks. They are up by an average of 19.5%
since their bull signals, annualizing at 24.5%. The VIX is up 11.2% since
the QTI signaled sell on June 30, 2011.
This paragraph is
repeated from last Thursday’s daily stock market report. VIX Force is
above Pressure and in bullish domains. That is normally bullish. However,
it is bullishly mature and remains configured for VIX bearishness.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains but
approaching high interest.
Jul
19-Tue-Up volume on bullish aggression is inspirational to the bull’s
continuation.
Jul
18-Mon-Normal volume on bearish aggression offers little volume related
interpretations with current configurations.
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 0.5% since
their buy signals an average of 2.7-weeks ago, annualizing at 9.7%.
The
NTI is avoiding three ETF’s. They are up by an average of 1.1% since their
sell signals an average of 2.8-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 24.3% since their buy signals an average of 45.5-weeks ago.
This annualizes at 27.7%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 8.5% since the QTI sell signal an average of 7.0-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 2.5% since that
buy signal, annualizing at 50.9%. Since Pressure is in bullish domains,
consider setting stop loss to average of NTI Blue (75.95) and Green until
such time Green (71.46) crosses above buy price (76.06). As you can see,
NTI Blue continues to increase. NTI Green increased for the first time in
this cycle on Mon-Jul 18.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 45.0%,
annualizing at 52.8% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 91.8% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 34.8%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $135.44 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $154.56.
The
Near-term Indicant signaled buy last Friday, as Force penetrated bullish
domains. It is up 2.9% since that buy signal, annualizing at 96.1%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on June 29 from the Near-term Indicant. It is up
3.5% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 3.7% since then. Force is bullishly mature and justification for
continued avoidance. It was not contrarian on Tuesday’s bullish stock
market. There was no buy signal due to its declining Force and proximity
to Pressure.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
It rebounded and now configured with a high probability of moving south on
QQQQ’s bullish configuration. It is down 6.6% since those sell signals.
Its Force Vector is bullishly mature, supporting non-bullishness in this
contrarian fund.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 22.6% since that sell
signal. It is up 6.5% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector is again moving south
(bearishly).
Major ETF Events
Jul 19-Tue-The
expected bullish bounce occurred, offering discouragement to the stock
market bear.
Jul 18-Mon-Most
non-contrarian Force Vectors abated bearish slide. This increases
probability of a bullish bounce. If they resume their bearish slide, that
probability vanishes.
Current Strategy-Short-term Indicant- Jul 19, 2011. Vector
Pressure remains in bullish domains, offering resistance to bearish
ambition.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/19/2011
Jul 18, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 11 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force Vectors appear
readying for a bullish cycle. If they resume their bearish cycle,
bear/sell signals will manifest.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
There are no longer any QTI Red Bulls. However, Force Vectors are
attempting a turn back to the north from shallow bearish domains.
The
bull/bear battle along the short-term cycle remains in effect.
As
stated last Wednesday, configurations suggest this bearish spurt may not
yet be complete. However, near-term attributes are being threatened with
configurations nearing support for concerns exceeding that of a bearish
spurt.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 0.001% since their bull signals on June 28,
annualizing at 0.4%. Contrarian VIX is up 21.3% since its bear signal
2.7-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 41.2-weeks. They are up by an average of 17.4%
since their bull signals, annualizing at 22.0%. The VIX is up 17.4% since
the QTI signaled sell on June 30, 2011.
This paragraph is
repeated from last Thursday’s daily stock market report. VIX Force is
above Pressure and in bullish domains. That is normally bullish. However,
it is bullishly mature and remains configured for VIX bearishness.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains with some
mild interest in gaining robustness.
Jul
18-Mon-Normal volume on bearish aggression offers little volume related
interpretations with current configurations.
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 down 1.0%
since their buy signals an average of 2.6-weeks ago.
The
NTI is avoiding three ETF’s. They are up by an average of 3.7% since their
sell signals an average of 2.6-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 by an
average of 22.4% since their buy signals an average of 45.4-weeks ago.
This annualizes at 25.7%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 6.5% since the QTI sell signal an average of 6.9-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 0.7% since that
buy signal, annualizing at 15.0%. Since Pressure is in bullish domains,
consider setting stop loss to average of NTI Blue (75.75) and Green until
such time Green (71.12) crosses above buy price (76.06). As you can see,
NTI Blue continues to increase. NTI Green increased today.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 42.4%,
annualizing at 49.9% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 94.1% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 35.7%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $135.35 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $155.64.
The
Near-term Indicant signaled buy last Friday, as Force penetrated bullish
domains. It is up 4.2% since that buy signal, annualizing at 151.4%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on June 29 from the Near-term Indicant. It is up
1.4% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 1.6% since then. Force is bullishly mature and justification for
continued avoidance.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
As stated last week, it is configured for a rebound. It is down 2.2% since
those sell signals. Its Force Vector is bullishly mature, supporting
non-bullishness in this contrarian fund.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 18.7% since that sell
signal. It is up 11.8% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector is moving north, but its
Pressure remains in bearish domains. It crossed Pressure last Tue and
climbed in bullish domains this past Wed. Its Force cycle is bullishly
mature. A buy signal will occur if Force holds in bullish domains for a
few days. Force appears to be readying for a bearish cycle.
Major ETF Events
Jul 18-Mon-Most
non-contrarian Force Vectors abated bearish slide. This increases
probability of a bullish bounce. If they resume their bearish slide, that
probability vanishes.
Current Strategy-Short-term Indicant- Jul 15, 2011. Vector
Pressure remains in bullish domains, offering resistance to bearish
ambition.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/18/2011
Jul 15, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 10 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force fell below
Pressure and into bearish domains. Prices fell below NTI blue for the most
part. In spite of that, no bear/sell signals were triggered this past
Thursday. As stated in the daily stock market report this past Thursday,
there are three reasons for this. The Dow Utilities remains a QTI Red
Bull. That is a bit unusual with these configurations. One Red Bull among
the major indices is justification for retaining bull/hold signals.
Vector Pressure
remains in bullish domains. As stated this past Thursday, that coupled
with bearishly mature Force Vectors stimulated a relatively high
probability of a bullish bounce. That occurred on Friday, but this
embryonic near-term bullish cycle remains vulnerable to the bear.
In summary, bearish
Force is decelerating. Pressure remains in bullish domains. The Dow Jones
Industrial Average joined the Dow Utilities as a QTI Red Bull on Friday’s
bullish behavior. Although that bullish behavior was not that inspiring,
having two QTI Red Bulls is.
If Force continues
moving south, this bearish spurt will display more depth. That could add
some breadth and threaten the classification of a mere spurt.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
All
conditions justifying a bear signal occurred this past Thursday. As stated
in Thursday’s daily stock market report, prices fell below NTI Blue and
Force fell into bearish domains. Those two conditions qualified for
signaling bear. However, as stated last Thursday, there are three issues
confronting a bear signal at this time. 1) The bearish Force Vector cycle
is mature and due for reversal. 2) Vector Pressure remains in bullish
domains. 3) The
Dow
Utilities
remains as a QTI Red Bull.
The
Dow Jones Industrial Average moved back into QTI Red Bull status. That
adds discouragement to bearish desires. The bull/bear battle along the
short-term curves remains in effect.
The
expected bearish spurt occurred most of last week. As stated last
Wednesday, configurations suggest this bearish spurt may not yet be
complete. However, near-term attributes are being threatened with
configurations nearing support for concerns exceeding that of a bearish
spurt.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 1.0% since their bull signals on June 28,
annualizing at 22.2%. Contrarian VIX is up 13.1% since its bear signal
2.3-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 40.8-weeks. They are up by an average of 18.6%
since their bull signals, annualizing at 23.7%. The VIX is up 18.2% since
the QTI signaled sell on June 30, 2011.
This paragraph is
repeated from last Thursday’s daily stock market report. VIX Force is
above Pressure and in bullish domains. That is normally bullish. However,
it is bullishly mature and Pressure remains in bearish domains, which
offers a heightened probability of VIX bearishness on the immediate
horizon. Short-term attributes have not yet to acquiesce to bearish
desires. Therefore, bull signals along the near-term cycle remain.
The VIX was mildly
bearish this past Friday.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains with some
mild interest in gaining robustness.
Jul
15-Mon-Volume was mildly down on mild bullish behavior, omitting desired
encouragement for the bull.
Jul
14-Thu-Volume was up a bit on mild bearishness, adding to concerns
regarding volume’s support for a near-term bearish cycle.
Jul
13-Wed-Mild volume on mild bullishness retains yesterday’s bearish
advantage, but just a mild edge; nothing more.
Jul
12-Tue-Volume was aggressive on bearish behavior. That is an edge to the
bear.
Jul
11-Mon-Volume was subdued on bearish aggression. That coupled with other
short-term attributes do not suggest bearish dominance on the immediate
horizon.
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 down 0.1%
since their buy signals an average of 2.1-weeks ago.
The
NTI is avoiding three ETF’s. They are up by an average of 2.9% since their
sell signals an average of 2.2-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 23.6% since their buy signals an average of 44.9-weeks ago.
This annualizes at 27.3%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 7.0% since the QTI sell signal an average of 6.4-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 1.1% since that
buy signal, annualizing at 27.0%. Since Pressure is in bullish domains,
consider setting stop loss to average of NTI Blue (75.58) and Green until
such time Green (71.08) crosses above buy price (76.06). As you can see,
NTI Blue continues to increase while NTI Green continues decreasing, but
now mildly so. The average does not change much. That will be the case
until such time NTI Green starts increasing, which will require bullish
sustainability.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 42..9%,
annualizing at 51.0% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 92.4% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 35.2%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $135.25 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $155.20.
The
Near-term Indicant signaled buy last Friday, as Force penetrated bullish
domains. It is up 3.3% since that buy signal, annualizing at 169.4%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on June 29 from the Near-term Indicant. It is up
2.4% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 2.5% since then. Force is bullishly mature and justification for
continued avoidance.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
As stated last week, it is configured for a rebound. It is down 3.2% since
those sell signals. Its Force Vector is bullishly mature, supporting
non-bullishness in this contrarian fund.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 20.4% since that sell
signal. It is up 9.6% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector is moving north, but its
Pressure remains in bearish domains. It crossed Pressure last Tue and
climbed in bullish domains this past Wed. Its Force cycle is bullishly
mature. A buy signal will occur if Force holds in bullish domains for a
few days.
Major ETF Events
Jul 15-Fri-Expected
bullish behavior occurred. Bearish Force appears to be weakening.
Jul 14-Thu-Force fell
below Pressure and many into bearish domains. The Force Vector cycles are
mature, fostering probabilities of a bullish rebound. If there is no
bullish bounce and Force continues to plummet, risks will be too high to
continue holding.
Jul 13-Wed-The bull
responded to recent bearish aggression, but meekly so. Short-term
attributes are nestled into an inflection point. They mildly favor the
bull, but an inflection point is an invitation to either bullish or
bearish bias.
Jul 12-Tue-Prices
remain, for the most part, above the Near-term Blue curve, in spite of
bearish aggression the last three days. Therefore, the NTI Bull remains in
tact.
Jul 11-Mon-Bullishly
mature Force Vectors did not move laterally in bullish domains, thereby
threatening the near-term bull cycle. They have not fallen enough, though,
to support bearish dominance.
Current Strategy-Short-term Indicant- Jul 15, 2011. Vector
Pressure remains in bullish domains, offering resistance to bearish
ambition.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/15/2011
Jul 14, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 09 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force fell below
Pressure and into bearish domains. Prices fell below NTI blue for the most
part. In spite of that, no bear/sell signals were triggered. There are
three reasons for this. The Dow Utilities remains a QTI Red Bull. That is
a bit unusual with these configurations. One Red Bull among the major
indices is justification for retaining bull/hold signals.
Vector Pressure
remains in bullish domains. That coupled with bearishly mature Force
Vectors stimulated a relatively high probability of a bullish bounce.
If Force continues
moving south, this bearish spurt will display more depth. That could add
some breadth and threaten the classification of a mere spurt.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
All
conditions were met for justifying a bear signal. That is, prices fell
below NTI Blue and Force fell into bearish domains. There are three issues
confronting a bear signal at this time. 1) The bearish Force Vector cycle
is mature and due for reversal. 2) Vector Pressure remains in bullish
domains. 3) The
Dow Utilities remains as a QTI Red Bull.
The
expected bearish spurt occurred. As stated yesterday, configurations
suggest this bearish spurt may not yet be complete. However, near-term
attributes are being threatened with configurations nearing support for
concerns exceeding that of a bearish spurt.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 1.4% since their bull signals on June 28,
annualizing at 35.2%. Contrarian VIX is up 15.6% since its bear signal
2.0-weeks ago. VIX was not contrarian today.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 40.5-weeks. They are up by an average of 19.0%
since their bull signals, annualizing at 24.4%. The VIX is up 20.8% since
the QTI signaled sell on June 30, 2011.
VIX Force is above
Pressure and in bullish domains. That is normally bullish. However, it is
bullishly mature and Pressure remains in bearish domains, which offers a
heightened probability of VIX bearishness on the immediate horizon.
Short-term attributes have not yet to acquiesce to bearish desires.
Therefore, bull signals along the near-term cycle remain.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains with some
mild interest in gaining robustness.
Jul
14-Thu-Volume was up a bit on mild bearishness, adding to concerns
regarding volume’s support for a near-term bearish cycle.
Jul
13-Wed-Mild volume on mild bullishness retains yesterday’s bearish
advantage, but just a mild edge; nothing more.
Jul
12-Tue-Volume was aggressive on bearish behavior. That is an edge to the
bear.
Jul
11-Mon-Volume was subdued on bearish aggression. That coupled with other
short-term attributes do not suggest bearish dominance on the immediate
horizon.
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 down 0.6%
since their buy signals an average of 2.0-weeks ago.
The
NTI is avoiding three ETF’s. They are up by an average of 4.1% since their
sell signals an average of 2.0-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 by an
average of 22.8% since their buy signals an average of 44.8-weeks ago.
This annualizes at 26.5%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 5.9% since the QTI sell signal an average of 6.3-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is down 1.6% since
that buy signal. Since Pressure is in bullish domains, consider setting
stop loss to average of NTI Blue (75.38) and Green until such time Green
(71.11) crosses above buy price (76.06). As you can see, NTI Blue
continues to increase while NTI Green continues decreasing, but now mildly
so. The average does not change much. That will be the case until such
time NTI Green starts increasing, which will require bullish
sustainability.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 39.2%,
annualizing at 46.7% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 91.6% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 34.9%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $135.15 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $154.56.
The
Near-term Indicant signaled buy last Friday, as Force penetrated bullish
domains. It is up 2.9% since that buy signal, annualizing at 172.14%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on June 29 from the Near-term Indicant. It is up
2.2% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 2.4% since then. Force is bullishly mature and justification for
continued avoidance.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
As stated last week, it is configured for a rebound, risks are too high to
hold since it moves exponentially to QQQ. It is down 0.5% since those sell
signals. It has mounted a bullish charge as expected. Force, however,
needs to exceed Pressure before garnishing a buy signal.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 19.6% since that sell
signal. It is up 10.6% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector is moving north, but its
Pressure remains in bearish domains. It crossed Pressure last Tue and
climbed in bullish domains this past Wed. Its Force cycle is bullishly
mature. A buy signal will occur if Force holds in bullish domains for a
few days.
Major ETF Events
Jul 14-Thu-Force fell
below Pressure and many into bearish domains. The Force Vector cycles are
mature, fostering probabilities of a bullish rebound. If there is no
bullish bounce and Force continues to plummet, risks will be too high to
continue holding.
Jul 13-Wed-The bull
responded to recent bearish aggression, but meekly so. Short-term
attributes are nestled into an inflection point. They mildly favor the
bull, but an inflection point is an invitation to either bullish or
bearish bias.
Jul 12-Tue-Prices
remain, for the most part, above the Near-term Blue curve, in spite of
bearish aggression the last three days. Therefore, the NTI Bull remains in
tact.
Jul 11-Mon-Bullishly
mature Force Vectors did not move laterally in bullish domains, thereby
threatening the near-term bull cycle. They have not fallen enough, though,
to support bearish dominance.
Current Strategy-Short-term Indicant- Jul 14, 2011. Vector
Pressure remains in bullish domains. One of the concerns about this
bullish cycle remains absent. Of interest now is stock market behavior
with very high Force Vectors. If prices hold above NTI Blue with Blue
continuing to increase, this near-term bull cycle could enjoy
sustainability. This started out, as expected, to be interesting. The bear
gained an advantage along the near-term cycle, but not enough to
substantiate the near-term bull’s fatality.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/14/2011
Jul 13, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 08 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Today's Report
Short-term Indicant Stock Market Report - Summary
The bull’s meek
response to recent bearish aggression has shifted attributes to an
inflection area. This is an invitation to bullish or bearish dominance
along the near-term cycle. These inflection periods sometimes invite
volatility. Current short-term attributes still favor the bull along the
near-term cycle.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
The
next bear signal will be quick if indices fall below the NTI Blue Curve
with Force below Pressure and/or in bearish domains. Once NTI Green
crosses above bull signal price, then next bear at NTI Green with weak
Force/Pressure. In spite of bearish behavior the last Fri, Mon, and Tue,
the former has not yet occurred.
The
expected bearish spurt occurred. Configurations suggest this bearish spurt
may not yet be complete. As long as prices remain above NTI Blue with
positive Pressure and non-threatening Force Vectors, it will remain as a
bearish spurt.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 1.4% since their bull signals on June 28,
annualizing at 35.2%. Contrarian VIX is up 15.6% since its bear signal
2.0-weeks ago. VIX was not contrarian today.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 40.5-weeks. They are up by an average of 19.0%
since their bull signals, annualizing at 24.4%. The VIX is up 20.8% since
the QTI signaled sell on June 30, 2011.
VIX Force is above
Pressure and in bullish domains. That is normally bullish. However, it is
bullishly mature and Pressure remains in bearish domains, which offers a
heightened probability of VIX bearishness on the immediate horizon. Enough
attributes have yet to acquiesce to bearish desires. Therefore, bull
signals along the near-term cycle remain.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains with some
mild interest in gaining robustness.
Jul
13-Wed-Mild volume on mild bullishness retains yesterday’s bearish
advantage, but just a mild edge; nothing more.
Jul
12-Tue-Volume was aggressive on bearish behavior. That is an edge to the
bear.
Jul
11-Mon-Volume was subdued on bearish aggression. That coupled with other
short-term attributes do not suggest bearish dominance on the immediate
horizon.
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 0.3% since
their buy signals an average of 1.9-weeks ago.
The
NTI is avoiding three ETF’s. They are up by an average of 2.5% since their
sell signals an average of 1.9-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 by an
average of 23.9% since their buy signals an average of 44.7-weeks ago.
This annualizes at 27.9%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 7.1% since the QTI sell signal an average of 6.1-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is down 0.9% since
that buy signal. Since Pressure is in bullish domains, consider setting
stop loss to average of NTI Blue (75.17) and Green until such time Green
(71.13) crosses above buy price (76.06). As you can see, NTI Blue
continues to increase while NTI Green continues decreasing, but now mildly
so. The average does not change much. That will be the case until such
time NTI Green starts increasing, which will require bullish
sustainability.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 40.1%,
annualizing at 47.9% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 91.1% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 34.7%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $135.05 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $154.14.
The
Near-term Indicant signaled buy last Friday, as Force penetrated bullish
domains. It is up 2.6% since that buy signal, annualizing at 186.4%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on June 29 from the Near-term Indicant. It is up
3.7% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 3.9% since then. Force is bullishly mature and justification for
continued avoidance.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
As stated last week, it is configured for a rebound, risks are too high to
hold since it moves exponentially to QQQ. It is down 2.8% since those sell
signals. It has mounted a bullish charge as expected. Force, however,
needs to exceed Pressure before garnishing a buy signal.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 22.4% since that sell
signal. It is up 6.8% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector is moving north, but its
Pressure remains in bearish domains. It crossed Pressure yesterday and
climbed in bullish domains today. Its Force cycle is bullishly mature. A
buy signal will occur if Force holds in bullish domains for a few days.
Major ETF Events
Jul 13-Wed-The bull
responded to recent bearish aggression, but meekly so. Short-term
attributes are nestled into an inflection point. They mildly favor the
bull, but an inflection point is an invitation to either bullish or
bearish bias.
Jul 12-Tue-Prices
remain, for the most part, above the Near-term Blue curve, in spite of
bearish aggression the last three days. Therefore, the NTI Bull remains in
tact.
Jul 11-Mon-Bullishly
mature Force Vectors did not move laterally in bullish domains, thereby
threatening the near-term bull cycle. They have not fallen enough, though,
to support bearish dominance.
Current Strategy-Short-term Indicant- Jul 13, 2011. Vector
Pressure remains in bullish domains. One of the concerns about this
bullish cycle has been eliminated. Of interest now is stock market
behavior with very high Force Vectors. If prices hold above NTI Blue with
Blue continuing to increase, this near-term bull cycle could enjoy
sustainability. This started out, as expected, to be interesting. The bear
gained an advantage along the near-term cycle, but not enough to
substantiate the near-term bull’s fatality.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/13/2011
Jul 12, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 07 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The near-term bullish
cycle remains in tact in spite of bearish aggression the last three days.
Prices remain above NTI bullish blue curve. Force is maturing in a bearish
cycle, suggesting at least a pause in this bearish aggression.
The near-term bull
will not be considered as valid until Green is higher than buy price.
Pressure, however is now, for the most part, in bullish domains.
As stated most of
last week and so far this week, Force Vectors are bullishly mature. They
should fall over the next few days. As you can see, they have been doing
that. Any bearish behavior on the near-term horizon should be interpreted
as a mere stock market spurt. In others words, the bull may take a rest,
while not acquiescing to the bear’s desire. The interpretation will invoke
more seriousness if NTI bullish blue curve collapses.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
The
next bear signal will be quick if indices fall below the NTI Blue Curve
with Force below Pressure and/or in bearish domains. Once NTI Green
crosses above bull signal price, then next bear at NTI Green with weak
Force/Pressure. In spite of today’s bearish behavior the last three days,
the former has not yet occurred.
The
expected non-bullish to bearish behavior occurred the past two days. So
far, configurations suggest a bearish spurt will occur. However, if
configurations shift away from this bullishly favorable configuration,
bear/sell signals will be quick.
Fundamentally, raising the debt ceiling will be very bearish, as increased
interest rates and/or inflation will threaten even more. The markets will
interpret politicians as pure parasites with maximal gluttony for their
self-gain and nothing else. The bear requires a bit more technical support
to inflict bullish fatality along the near-term cycle.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 0.9% since their bull signals on June 28,
annualizing at 26.6%. Contrarian VIX is up 15.1% since its bear signal
1.9-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 40.3-weeks. They are up by an average of 18.5%
since their bull signals, annualizing at 23.9%. The VIX is up 20.3% since
the QTI signaled sell on June 30, 2011.
VIX Force crossed
above Pressure and into bullish domains today. That is normally bullish.
However, it is bullishly mature and Pressure remains in bearish domains,
which offers a heightened probability of VIX bearishness on the immediate
horizon. The remaining indices remain with bullish configurations. Five of
the major indices remain as NTI Blue Bulls, which is bullish along the
near-term cycle. Utilities Force fell below Pressure today, but it is the
only one doing so. Therefore, enough attributes have yet to acquiesce to
bearish desires. Therefore, bull signals along the near-term cycle remain.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains with some
mild interest in gaining robustness.
Jul
12-Tue-Volume was aggressive on bearish behavior. That is an edge to the
bear.
Jul
11-Mon-Volume was subdued on bearish aggression. That coupled with other
short-term attributes do not suggest bearish dominance on the immediate
horizon.
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 down 0.4%
since their buy signals an average of 1.7-weeks ago.
The
NTI is avoiding three ETF’s. They are up by an average of 2.8% since their
sell signals an average of 1.8-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 22.6% since their buy signals an average of 44.5-weeks ago.
This annualizes at 26.4%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 7.0% since the QTI sell signal an average of 6.0-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is down 1.7% since
that buy signal. Since Pressure is in bullish domains, consider setting
stop loss to average of NTI Blue (74.93) and Green until such time Green
(71.16) crosses above buy price (76.06). As you can see, NTI Blue
continues to increase while NTI Green continues decreasing. So, each day,
the average does not change much. That will be the case until such time
NTI Green starts increasing, which will require bullish sustainability.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 39.0%,
annualizing at 46.8% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 89.4% 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 $134.96 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $152.77.
The
Near-term Indicant signaled buy last Friday, as Force penetrated bullish
domains. It is up 1.7% since that buy signal, annualizing at 150.9%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on June 29 from the Near-term Indicant. It is up
3.1% since then. The Quick-term Indicant signaled sell on Jun 30, 2011. It
is up 3.2% since then. Force is bullishly mature and justification for
continued avoidance.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
As stated last week, it is configured for a rebound, risks are too high to
hold since it moves exponentially to QQQ. It is down 1.9% since those sell
signals. It has mounted a bullish charge as expected. Force, however,
needs to exceed Pressure before garnishing a buy signal.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 22.4% since that sell
signal. It is up 6.8% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector is moving north, but its
Pressure remains in bearish domains. However, a buy signal will occur if
Force penetrates bullish domains and holds there for a few days. It
crossed Pressure today, but still not in bullish domains. Its Force cycle
is bullishly mature.
Major ETF Events
Jul 12-Tue-Prices
remain, for the most part, above the Near-term Blue curve, in spite of
bearish aggression the last three days. Therefore, the NTI Bull remains in
tact.
Jul 11-Mon-Bullishly
mature Force Vectors did not move laterally in bullish domains, thereby
threatening the near-term bull cycle. They have not fallen enough, though,
to support bearish dominance.
Current Strategy-Short-term Indicant- Jul 12, 2011. Vector
Pressure remains in bullish domains. One of the concerns about this
bullish cycle has been eliminated. Of interest now is stock market
behavior with very high Force Vectors. If prices hold above NTI Blue with
Blue continuing to increase, this near-term bull cycle could enjoy
sustainability. This started out, as expected, to be interesting. The bear
gained an advantage along the near-term cycle, but not enough to
substantiate the near-term bull’s fatality.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/12/2011
Jul 11, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 06 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The near-term bullish
cycle continues to impress in spite of Friday’s bearish behavior. All
non-contrarian ETF’s have either buy/hold signals. That is desired
consensus for bullish ambition.
The near-term bull
will not be considered as valid until Green is higher than buy price.
Pressure, however is now, for the most part, in bullish domains.
As stated most of
this past week, Force Vectors are bullishly mature. They should fall over
the next few days. After making that statement the past few days, Force
continues to move north. That is increasingly supporting bullish
sustainability. Any bearish behavior on the near-term horizon should be
interpreted as a mere stock market spurt. In others words, the bull may
take a rest, while not acquiescing to the bear’s desire. The
interpretation will invoke more seriousness if NTI bullish blue curve
collapses.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
The
next bear signal will be quick if indices fall below the NTI Blue Curve
with Force below Pressure and/or in bearish domains. Once NTI Green
crosses above bull signal price, then next bear at NTI Green with weak
Force/Pressure. In spite of today’s bearish aggression, the former has not
yet occurred.
The
expected non-bullish to bearish behavior occurred today. As you know it
was actually very bearish. So far, configurations suggest a bearish spurt
will occur. However, if configurations shift away from this bullishly
favorable configuration, bear/sell signals will be quick.
Fundamentally, raising the debt ceiling will be very bearish, as increased
interest rates and/or inflation will threaten even more. The markets will
interpret politicians as pure parasites with maximal gluttony for their
self-gain and nothing else. The bear requires a bit more technical support
to inflict bullish fatality along the near-term cycle.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 1.4% since their bull signals last Wednesday,
June 28, annualizing at 43.7%. Contrarian VIX is up 6.5% since its bear
signal 1.7-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 40.2-weeks. They are up by an average of 19.1%
since their bull signals, annualizing at 24.8%. The VIX is up 11.3%
since the QTI signaled sell on June 30, 2011.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains with some
mild interest in gaining robustness.
Jul
11-Mon-Volume was subdued on bearish aggression. That coupled with other
short-term attributes do not suggest bearish dominance on the immediate
horizon.
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 flat since
their buy signals an average of 1.6-weeks ago.
The
NTI is avoiding three ETF’s. They are up by an average of 1.1% since their
sell signals an average of 1.6-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 by an
average of 23.0% since their buy signals an average of 44.4-weeks ago.
This annualizes at 27.0%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 8.3% since the QTI sell signal an average of 5.9-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is down 1.3% since
that buy signal. Since Pressure is in bullish domains, consider setting
stop loss to average of NTI Blue (74.68) and Green until such time Green
(67.74) crosses above buy price (76.06). As you can see, NTI Blue
continues to increase while NTI Green continues decreasing. So, each day,
the average does not change much. That will be the case until such time
NTI Green starts increasing, which will require bullish sustainability.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 39.6%,
annualizing at 47.7% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 88.0% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.6%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $134.85 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $151.59.
The
Near-term Indicant signaled buy last Friday, as Force penetrated bullish
domains. It is up 0.9% since that buy signal, annualizing at 107.0%.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal last Wednesday from the Near-term Indicant. It is
up 2.7% since the near-term sell signal on Jun 29, 2011. The Quick-term
Indicant signaled sell on Jun 30, 2011. It is up 2.9% since then.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
As stated last week, it is configured for a rebound, risks are too high to
hold since it moves exponentially to QQQ. It is down 3.5% since those sell
signals. It has mounted a bullish charge as expected. Force, however,
needs to exceed Pressure before garnishing a buy signal.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 24.3% since that sell
signal. It is up 4.2% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector is moving north, but its
Pressure remains in bearish domains. However, a buy signal will occur if
Force penetrates bullish domains and holds there for a few days.
Major ETF Events
Jul 11-Mon-Bullishly
mature Force Vectors did not move laterally in bullish domains, thereby
threatening the near-term bull cycle. They have not fallen enough, though,
to support bearish dominance.
Current Strategy-Short-term Indicant- Jul 11, 2011. Vector
Pressure remains in bullish domains. One of the concerns about this
bullish cycle has been eliminated. Of interest now is stock market
behavior with very high Force Vectors. If prices hold above NTI Blue with
Blue continuing to increase, this near-term bull cycle could enjoy
sustainability. This will started out, as expected, to be interesting. The
bear gained an advantage along the near-term cycle, but not enough to
substantiate the near-term bull’s fatality.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/11/2011
Jul 8, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 05 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The near-term bullish
cycle continues to impress in spite of Friday’s bearish behavior. All
non-contrarian ETF’s have either buy/hold signals. That is desired
consensus for bullish ambition.
The near-term bull
will not be considered as valid until Green is higher than buy price.
Pressure, however is now, for the most part, in bullish domains.
As stated most of
this past week, Force Vectors are bullishly mature. They should fall over
the next few days. After making that statement the past few days, Force
continues to move north. That is increasingly supporting bullish
sustainability. Any bearish behavior on the near-term horizon should be
interpreted as a mere stock market spurt. In others words, the bull may
take a rest, while not acquiescing to the bear’s desire. The
interpretation will invoke more seriousness if NTI bullish blue curve
collapses.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
The
next bear signal will be quick if indices fall below the NTI Blue Curve
with Force below Pressure and/or in bearish domains. Once NTI Green
crosses above bull signal price, then next bear at NTI Green with weak
Force/Pressure.
Most
non-contrarian Force Vectors are at a cyclical maximum point, which could
invite non-bullish to bearish behavior along the near-term cycle.
Contrarian VIX Force Vector is at a minimum. This could invite VIX
bullishness, but it will not receive a bull signal until Force climbs
above Vector Pressure and/or into bullish domains. Bullish behavior last
Wed and Thu offered argument to the preceding statements in this
paragraph. That suggests the underlying near-term bull cycle is
sustainable. Friday’s bearishness, though, supported the expected
non-bullish behavior.
The
market is configured similarly to this same time of year in 2009, where a
mini-near-term bull cycle was followed by a mini-near-term bear cycle. In
spite of disappointing economic news and Friday’s related bearish behavior
is non-threatening to the current near-term bull signal.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 3.2% since their bull signals last Wednesday,
June 28, annualizing at 131.3%. Contrarian VIX is down 7.6% since its
bear signal 1.3-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 39.8-weeks. They are up by an average of 22.3%
since their bull signals, annualizing at 27.8%. The VIX is down 3.5% since
the QTI signaled sell on June 30, 2011.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains with some
mild interest in gaining robustness.
Jul
8-Fri-Mild volume on sour economic news and related mild bearishness is no
threat to the underlying near-term bull cycle.
Jul
7-Thu-Volume was up a bit on bullish behavior, supporting near-term
bullish bias cycle.
Jul
6-Wed-Low summertime volume continues to not be disruptive to underlying
short-term bullish bias.
Jul
5-Tue-Low volume during flat stock market behavior is not disruptive to
prevailing short-term bullish bias.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated one buy signals and no sell signals.
The
Near-term Indicant is signaling hold for 28-ETF’s. They are up by an
average of 2.0% since their buy signals an average of 1.2-weeks ago. This
annualizes at 86.2%.
The
NTI is avoiding three ETF’s. They are down by an average of 3.1% since
their sell signals an average of 1.2-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 25.3% since their buy signals an average of 43.9-weeks ago.
This annualizes at 29.9%.
The
Quick-term Indicant is avoiding three ETF’s. They are down by an average
of 11.8% since the QTI sell signal an average of 5.4-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy on Jul 1, 2011. It is up 1.1% since that
buy signal. Since Pressure is in bullish domains, consider setting stop
loss to average of NTI Blue (74.39) and Green until such time Green
(71.25) crosses above buy price (76.06). As you can see, NTI Blue
continues to increase while NTI Green continues decreasing. So, each day,
the average does not change much. That will be the case until such time
NTI Green starts increasing, which will require bullish sustainability.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 42.9%,
annualizing at 52.2% since then. The Quick-term Indicant will not signal
sell until interacting with QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 86.3% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.1%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $134.75 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $150.25.
The
Near-term Indicant signaled buy this Friday, as Force penetrated bullish
domains. (Gold did not actually increase in value. The dollar weakened on
disappointing unemployment. Therefore, gold increased in U.S. dollars due
to its weakness).
On
Jun 29, 2011, The Indicant recommended call options. Shortly thereafter,
gold dove to the south, reducing the value of those calls by over half.
GLD’s bullish behavior shifted those “paper losses” to profit the past few
days. This morning, those call options were sold for a nice 100% gain.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal last Wednesday from the Near-term Indicant. It is
up 1.2% since the near-term sell signal on Jun 29, 2011. The Quick-term
Indicant signaled sell on Jun 30, 2011. It is up 1.3% since then.
The
Near-term Indicant and Quick-term Indicant signaled sell this past
Thursday for
ETF#31-QID.
Although it is configured for a rebound, risks are too high to hold since
it moves exponentially to QQQ. It is down 6.8% since those sell signals.
Its Force Vector is bearishly mature. Behavior over the next few days will
be interesting, as its Force Vector should mount a bullish charge.
The
Quick-term signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. It is down 30.0% since that sell
signal. It is down 3.7% since the Near-term Indicant signaled sell on Jun
30, 2011. You should notice its Force Vector is moving north, but its
Pressure remains in bearish domains.
Major ETF Events
Jul 8-Fri-Gold
prices, in terms of weakening U.S. dollar, continue to rise.
Jul 7-Thu-The bull
gathered yet more strength in the face of bullishly mature Force Vectors.
The non-contrarians are expressing significant comfort at those lofty
levels. That suggests bullish sustainability even if a minor bearish spurt
occurs in the next few days.
Jul 6-Wed-Vector
Pressure is now in bullish domains for all non-contrarian indices, except
the S&P100 and NYSE. That reduces bearish threats with declining Force,
which is impending.
Jul 5-Tue-No major
events. It should be noted that Force Vectors are extraordinarily mature
from their recent bullish cycle. The impending pullback will be
interesting.
Current Strategy-Short-term Indicant- Jul 8, 2011. Vector
Pressure is now in bullish domains. One of the concerns about this bullish
cycle has been eliminated. Of interest now is stock market behavior with
very high Force Vectors. If prices hold above NTI Blue with Blue
continuing to increase, this near-term bull cycle could enjoy
sustainability. Next week will be interesting.
-Reverse Tangential
Bearish Detection
–
This phenomenon will
continue to be monitored, but its threat has subsided for the time being.
The timing is unknown, but there is 100% confidence the major indices and
ETF’s will eventually fall to those prices noted in the below link. The
presidential pre-election year is the most bullish of the four years. This
phenomenon reduces the risks of bearish aggression in 2011.
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
07/08/2011
Jul 7, 2011 Indicant Daily Stock Market Report
Volume 07, Issue 04 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The near-term bullish
cycle continues to impress. All non-contrarian ETF’s have either buy/hold
signals. That is desired consensus.
There are a couple of
concerns. Pressure remains in bearish domains for a minority of the
non-contrarian ETF’s, as several more crossed into bullish domain. The
near-term bull will not be considered as valid until Green is higher than
buy price.
Force Vectors are
bullishly mature. They should fall over the next few days. After making
that statement the past few days, Force continues to move north. That is
increasingly supporting bullish sustainability. Any bearish behavior on
the near-term horizon should be interpreted as a mere stock market spurt.
In others words, the bull may take a rest, while not acquiescing to the
bear’s desire. The interpretation will invoke more seriousness if NTI
bullish blue curve collapses.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Short-term Market
Summary
The
next bear signal will be quick if indices fall below the NTI Blue Curve
with Force below Pressure and/or in bearish domains. Once NTI Green
crosses above bull signal price, then next bear at NTI Green with weak
Force/Pressure.
Most
non-contrarian Force Vectors are at a cyclical maximum point, which could
invite non-bullish to bearish behavior along the near-term cycle.
Contrarian VIX Force Vector is at a minimum. This could invite VIX
bullishness, but it will not receive a bull signal until Force climbs
above Vector Pressure and/or into bullish domains. Bullish behavior the
past two days has offered argument to the preceding statements in this
paragraph. That suggests the underlying near-term bull cycle is
sustainable.
The
market is configured similarly to this same time of year in 2009, where a
mini-near-term bull cycle was followed by a mini-near-term bear cycle.
Today’s mild bullish behavior argued against this implication. However,
those configurations remain in tact.
Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for all major non-contrarian indices.
They are up by an average of 3.9% since their bull signals last Wednesday,
June 28, annualizing at 178.2%. Contrarian VIX is down 7.6% since its
bear signal 1.1-weeks ago.
There were no new bull/bear signals by the Quick-term Indicant.
The
Quick-term Indicant has been signaling bull for all major non-contrarian
indices for an average of 39.6-weeks. They are up by an average of 22.1%
since their bull signals, annualizing at 28.9%. The VIX is down 3.5% since
the QTI signaled sell on June 30, 2011.
Indicant Volume Indicators
The NASDAQ IVI
crossed into high activity domains on Mar 21, 2011. It fell back into low
activity a few weeks later. However, lethargy is no longer accelerating,
as normalcy with respect to summertime’s depressed volume is maturing. The
NYSE Indicant Volume Indicator remains in low interest domains with some
mild interest in gaining robustness.
Jul
7-Thu-Volume was up a bit on bullish behavior, supporting near-term
bullish bias cycle.
Jul
6-Wed-Low summertime volume continues to not be disruptive to underlying
short-term bullish bias.