May 31, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 21 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Several Force Vectors
crossed into bullish domains. If they hold and do not retreat to bearish
domains, the stock market bull will regain its advantage over the stock
market bear. There were several Near-term Indicant buy signals today.
Keep in mind bullish
and bearish unanimity remains absent. That opens the possibility of stock
market fluttering. Unanimity will occur when all non-contrarian signals
are same; that is either hold/bull or avoid/bear. A mix between those two
signals continues pestering a desired directional intensity in either
direction.
Near-term, Quick-term, Short-term Indicant Stock Market Details
The
Near-term Indicant signaled two new bulls and no new bear.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for four major non-contrarian
indices. They are the four Dow Indices. They are up by an average of 2.6%
since their bull signals an average of 8.6-weeks ago. This annualizes at
16.0%.
The
Near-term Indicant is signaling bear for six major indices, including
contrarian VIX. They are up 1.5% since those bear signals.
The
Quick-term Indicant has been signaling bull for the eleven major indices
for an average of 34.3-weeks. They are up by an average of 20.6% since
their bull signals, annualizing at 31.2%. Contrarian VIX is enduring a
bear signal. It is down 3.3% since last Friday’s bear signal.
Short-term Market
Summary
The
stock market bull responded to recent bear attacks. It will be interesting
if the bear responds in kind. Contrarian VIX and non contrarian indices
are both enjoying positive Vector Pressure. With that, an underlying
bull/bear battle rages. The S&P400 and S&P600 Force Vectors crossed about
bullish Pressure today, prompting their new bull signals.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. It appears to be peaking ahead of normally lethargic
summertime volume. As stated the past several weeks, unless these
configurations shift back to robustness, do not be surprised at overall
stock market lethargy.
May
31, 2011-Tue-Volume was healthy on today’s bullish aggression, threatening
those indices with bear signals.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated eight buy signals and no sell signal.
The
Near-term Indicant is signaling hold for 15-ETF’s. They are up by an
average of 10.7% since their buy signals an average of 15.6-weeks ago.
This annualizes at 35.8%.
The
NTI is avoiding nine-ETF’s. They are down by an average of 0.9% since
their sell signals an average of 2.1-weeks ago.
The
Quick-term Indicant generated one buy signal and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 25.8% since their buy signals an average of 41.9-weeks ago.
This annualizes at 32.0%.
The
Quick-term Indicant is avoiding two ETF’s. They are down 12.1% since the
QTI sell signals 5.1-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled buy today, as Pressure crossed into bullish
domains. Its Force Vector cycle is bullishly mature. The next near-term
sell signal will occur if price falls below NTI Blue and Force dips back
into bearish domains.
The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 42.8%,
annualizing at 59.8% since then. The Quick-term Indicant will not signal
sell until interacting at QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 85.5% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 34.2%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $131.22 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $149.64. Force is again increasing, which
supports short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 10.5% since
then, annualizing at 37.1%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 on May 17, 2011 from the Near-term Indicant and the
Quick-term Indicant. Force started rising in bullish domains. It is pretty
hot, but the next sell signal will not occur until price falls below NTI
Blue since the buy signal was tardy in doing so. It is up 0.1% since the
buy signals and annualizing at 2.7%.
The
Near-term Indicant and Quick-term Indicant signaled buy on May 25, 2011
for
ETF#31-QID.
It is down 5.3% since then. Force remains in bullish domains with Pressure
still lagging a bit in bearish domains, which threatens this hold signal.
Price fell below NTI Blue today, but Force remains in bullish domains. If
Force dips into bearish domains, both models will receive sell signals.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 26.8% since the sell signals.
Major ETF Events
May 31,
2011-Tue-Several Force Vectors penetrated bullish domains. That should
encourage the bull, but some are bullishly mature. If Force continues to
strengthen, the stress on the near-term bullish cycle will subside. If
they reverse back to bearish domains, either stock market fluttering will
manifest or a stock market bear will occur. Neither is good, while
fluttering would be favored.
Current Strategy-Short-term Indicant- May 31, 2011. The
stock market bull retains bullish support by the Short-term Indicant. The
bull is challenging the bear along the near-term cycle. Several Force
Vectors crossed into bullish domains today. If they do not quickly retreat
to bearish domains, the stock market bull will regain its advantage.
-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
05/31/2011
May 27, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 20 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The stock market bull
retains bullish support while the near-term cycle is increasingly
supporting the bear. So far, configurations suggest a bearish spurt is
underway, but risk are too high to continue holding for those with sell or
avoid signals. The bull, however, is offering resistance, but anemically
so. That does not bode well for near-term bullish expectations along the
near-term cycle. Some ETF’s remain very bullish. That suggests they need
to cool off. Their bullish configuration suggests the bull still has
underlying influence, but some cooling is needed before the bull resumes
dominance. If they do more than cooling and shift under the influence of
the bear, this bearish spurt could mature into a dynamic bear. However,
fundamentals do not yet support that, but keep in mind the stock market
anticipates fundamentals as opposed to following them.
Bearish unanimity
remains absent, though, and thus a bearish spurt remains configured. There
are nine Red Bulls protecting against dynamic bearish behavior. Keep in
mind, also bullish unanimity remains absent on the near-term cycle which
is certainly not inspirational to the stock market bull.
Near-term, Quick-term, Short-term Indicant Stock Market Details
The
Near-term Indicant signaled no new bulls and one new bear.
Click this sentence to see table leading to the charts.
The
MTI signaled bear for the VIX this Friday. Its Force Vector fell into
bearish domains. It is barely detectable. However, VIX Pressure remains
bullish, which is a bit threatening to the new bear signal. The VIX is
without direction.
The
Near-term Indicant is signaling bull four major non-contrarian indices.
They are the four Dow Indices. They are up by an average of 1.7% since
their bull signals an average of 8.0-weeks ago. This annualizes at 10.9%.
The
Quick-term Indicant also signaled bear this Friday for the VIX index.
The
Quick-term Indicant has been signaling bull for the eleven major indices for an average of 33.8-weeks. They are up by an
average of 19.2% since their bull signals, annualizing at 29.6%.
Short-term Market
Summary
The
Dow30 NTI Bullish Blue collapsed last Tuesday, while the other three major
Dow Indices have yet to endure that bearish attribute. It will be
interesting to see if the bull has enough left in it to respond to this
insult by the bear along the near-term cycle. Its response was a bit weak
the last three days of this past week, while unimpressive, but a bullish
response nonetheless. The DJIA regained Red Bull status this past Thursday
after losing it last Tuesday. The battle wages, but the war is a long way
off before concluding with a victor when considering all short-term
attributes.
As
previously stated, the other three Dow Indices, Composites, Transports,
and Utilities NTI Blue curves have not yet collapsed. Thus, there is no
bear signal for any of the Dow Indices including the anemic Dow30. The Dow
Utilities remains steadfastly in support of the bull, even though it was
the only major non-contrarian index that was bearish last Wed and Thu.
That suggests continuing money rotations, which is consistent with bearish
spurts, as opposed to dynamic bearish behavior. Its configuration supports
a mere technical adjustment. As long as that configuration remains in
tact, the bear cannot dominate, while its pestering behavior is certainly
disturbing.
There are only four contrarian Red Bulls (all Dow Indices). Although Red
Bull population is down significantly the past few days, their existence
diminishes excessive bearish magnitude. Unfortunately, seven Red Bulls
were lost the past five days. Additionally, several NTI Blue Curves
collapsed last Monday and the DJIA’s collapsed this past Tuesday. The
expected bullish response occurred last Wed, Thu, and Fri, which is common
after such collapses. This bullish response had little punch to it, but
last Thursday’s response was a bit more impressive in the face of souring
economic news.
Risk
assessment favors recognition of the bear on those indices with the bear
signal, as opposed to assuming a solid and long-lasting bullish response
with the exception of the Dow Indices. Let’s again wait one more day to
see if the bull has any punch left to these insults by the bear since the
bull indeed responded the past three days.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. It appears to be peaking ahead of normally lethargic
summertime volume. As stated the past several weeks, unless these
configurations shift back to robustness, do not be surprised at overall
stock market lethargy.
May
27, 2011-Fri-Depressed holiday volume masked directional intensity.
May
26, 2011-Thu-Passive volume on mild stock market behavior suggests little
interesting in supporting bull or bear. It is meandering with support for
near-term bearishness, albeit not dynamically so.
May
25, 2011-Wed-Mild volume on mild bullishness offset yesterday’s mild
bearish behavior.
May
24, 2011-Tue-Same as yesterday with milder bearishness.
May
23, 2011-Mon-Low volume accompanied today’s bearish behavior, suggesting a
bearish spurt in the face of underlying bullish bias.
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 15-ETF’s. They are up by an
average of 9.9% since their buy signals an average of 15.0-weeks ago. This
annualizes at 34.3%.
The
NTI is avoiding 17-ETF’s. They are up by an average of 0.1% since their
sell signals an average of 1.4-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 24.4% since their buy signals an average of 41.4-weeks ago.
This annualizes at 30.7%.
The
Quick-term Indicant is avoiding three ETF’s. They are down 6.3% since the
QTI sell signals 3.2-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled sell on May 16, 2011. It is up 4.2% since
then. The Quick-term Indicant signaled buy on Sep 15, 2010. It is up
41.4%, annualizing at 58.7% since then. The Quick-term Indicant will not
signal sell until interacting at QTI Yellow. The short-term attributes
remain bearish even though the energy bull is resisting bearish
incursions. Keep in mind, this is along the near-term cycle and in between
bullish and bearish desires. Force is bullishly mature, suggesting more
bearishness is highly probable on the near-term horizon (within three
days). It’s Pressure remains in bearish domains, which is one, but
important reason, for continued avoidance.
ETF#11-Gold and Precious Metals
is
up 85.6% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 34.4%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $131.09 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $149.70. Force is again increasing, which
supports short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 10.6% since
then, annualizing at 38.8%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 on May 17, 2011 from the Near-term Indicant and the
Quick-term Indicant. Force started rising in bullish domains. It is pretty
hot, but the next sell signal will not occur until price falls below NTI
Blue since the buy signal was tardy in doing so. It is down 0.1% since the
buy signals.
The
Near-term Indicant and Quick-term Indicant signaled buy on May 25, 2011
for
ETF#31-QID.
It is down 2.3% since then. Force remains in bullish domains with Pressure
still lagging a bit in bearish domains, which threatens this hold signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 24.6% since the sell signals.
Major ETF Events
May 27, 2011-Fri-The
stock market continues resisting bearish assertions in the face of
unfavorable news. However, the threat of bearish spurt behavior continues
to pester.
May 26, 2011-Thu-The
stock market was mildly bullish on today’s souring economic news. That
supports the idea of bearish spurt behavior as opposed to dynamic
bearishness.
May 25,
2011-Wed-ETF#01-QQQQ and ETF#02-SPY received Near-term sell signals.
Although their respective Vector Pressures are in bullish domains, their
Force Vectors dipped south and their prices are below NTI-Green curve.
Although not necessarily bearish, their bullish response to bearish
insults was too anemic to continue holding.
May 24,
2011-Tue-ETF#03-XLE Force crossed above Pressure and into bullish domains.
Behavior in the next few days will be interesting, but it remains bearish
on the near-term cycle.
May 23, 2011-Mon-More
near-term sell signals based on reduction in Force and inevitability of
Pressure falling into bearish domains. It will be interesting to see if
the bull will respond to NTI Blue’s collapse today.
Current Strategy-Short-term Indicant- May 27, 2011. The
stock market bull retains bullish support while the near-term cycle is
increasingly supporting the bear. So far, configurations suggest a bearish
spurt is underway, but risk are too high to continue holding for those
with sell or avoid signals. The bull, however, is offering resistance, but
anemically so. That does not bode well for near-term bullish expectations
along the near-term cycle. Some ETF’s remain very bullish. That suggests
they need to cool off. Their bullish configuration suggests the bull still
has underlying influence, but some cooling is needed before the bull
resumes dominance. That is consistent with bearish spurt behavior. If they
do more than cooling and shift under the influence of the bear, this
bearish spurt could mature into a dynamic bear. Sell signals will be
unleashed if all prices fall below NTI Green. Falling below QTI Yellow
would stamp a “dynamic bear.”
-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
05/27/2011
May 26, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 19 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The stock market bull
retains bullish support while the near-term cycle is increasingly
supporting the bear. So far, configurations suggest a bearish spurt is
underway, but risk are too high to continue holding for those with sell or
avoid signals. The bull, however, is offering resistance, but anemically
so. That does not bode well for near-term bullish expectations along the
near-term cycle. Some ETF’s remain very bullish. That suggests they need
to cool off. Their bullish configuration suggests the bull still has
underlying influence, but some cooling is needed before the bull resumes
dominance. If they do more than cooling and shift under the influence of
the bear, this bearish spurt could mature into a dynamic bear. However,
fundamentals do not yet support that, but keep in mind the stock market
anticipates fundamentals as opposed to following them.
Bearish unanimity
remains absent, though, and thus a bearish spurt remains configured. There
are nine Red Bulls protecting against dynamic bearish behavior. Keep in
mind, also bullish unanimity remains absent on the near-term cycle which
is certainly not inspirational to the stock market bull.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 four major non-contrarian indices.
They are the four Dow Indices and contrarian VIX. They are down by an
average of 1.1% since their bull signals an average of 6.3-weeks ago. This
annualizes at -1.1%. The VIX and/or Dow Indices will not coexist as bulls
too much longer.
The
Quick-term Indicant has been signaling bull for all twelve major indices,
including contrarian VIX, for an average of 30.9-weeks. They are up by an
average of 16.2% since their bull signals, annualizing at 27.3%.
Short-term Market
Summary
The
Dow30 NTI Bullish Blue collapsed last Tuesday, while the other three major
Dow Indices have yet to endure that bearish attribute. It will be
interesting to see if the bull has enough left in it to respond to this
insult by the bear along the near-term cycle. Its response yesterday was
meek and today’s a bit stronger, while unimpressive, but a response
nonetheless. The DJIA regained Red Bull status today after losing it last
Tuesday. The battle wages, but the war is a long way off before concluding
with a victor when considering all short-term attributes.
As
previously stated, the other three Dow Indices, composites, transports,
and utilities NTI Blue curves have not yet collapsed. Thus, there is no
bear signal for none of the Dow Indices including the anemic Dow30. The
Dow Utilities remains steadfastly in support of the bull, even though it
was the only major non-contrarian index that was bearish today and
yesterday. That suggests continuing money rotations, which is consistent
with bearish spurts, as opposed to dynamic bearish behavior. Its
configuration supports a mere technical adjustment. As long as that
configuration remains in tact, the bear cannot dominate, while its
pestering behavior is certainly disturbing.
There are only four contrarian Red Bulls (all Dow Indices). Although Red
Bull population is down significantly the past few days, their existence
diminishes excessive bearish magnitude. Unfortunately, seven Red Bulls
were lost the past four days. Additionally several NTI Blue Curves
collapsed last Monday and the DJIA’s collapsed this past Tuesday. The
expected bullish response occurred the past two days, which is common
after such collapses. Yesterday’s and today’s bullish response had little
punch to it, but today’s was a bit more impressive in the face of souring
economic news.
Risk
assessment favors recognition of the bear on those indices with the bear
signal, as opposed to assuming a solid and long-lasting bullish response
with the exception of the Dow Indices. Let’s again wait one more day to
see if the bull has any punch left to these insults by the bear since the
bull indeed responded the past two days.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. As stated the past several weeks, unless these
configurations shift back to robustness, do not be surprised at overall
stock market lethargy.
May
26, 2011-Thu-Passive volume on mild stock market behavior suggests little
interesting in supporting bull or bear. It is meandering with support for
near-term bearishness, albeit not dynamically so.
May
25, 2011-Wed-Mild volume on mild bullishness offset yesterday’s mild
bearish behavior.
May
24, 2011-Tue-Same as yesterday with milder bearishness.
May
23, 2011-Mon-Low volume accompanied today’s bearish behavior, suggesting a
bearish spurt in the face of underlying bullish bias.
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 15-ETF’s. They are up by an
average of 9.5% since their buy signals an average of 14.9-weeks ago. This
annualizes at 33.3%.
The
NTI is avoiding 17-ETF’s. They are down by an average of 0.4% 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 23.9% since their buy signals an average of 41.2-weeks ago.
This annualizes at 30.1%.
The
Quick-term Indicant is avoiding three ETF’s. They are down 6.4% since the
QTI sell signals 3.0-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled sell on May 16, 2011. It is up 4.0% since
then. The Quick-term Indicant signaled buy on Sep 15, 2010. It is up
41.0%, annualizing at 58.4% since then. The Quick-term Indicant will not
signal sell until interacting at QTI Yellow. The short-term attributes
remain bearish even though the energy bull is resisting bearish
incursions. Keep in mind, this is along the near-term cycle and in between
bullish and bearish desires. Force is bullishly mature, suggesting more
bearishness is highly probable on the near-term horizon (within four
days).
ETF#11-Gold and Precious Metals
is
up 83.8% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.7%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $130.95 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $148.22. Force is again increasing, which
supports short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 9.5% since then,
annualizing at 35.1%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 on May 17, 2011 from the Near-term Indicant and the
Quick-term Indicant. Force started rising in bullish domains. It is pretty
hot, but the next sell signal will not occur until price falls below NTI
Blue since the buy signal was tardy in doing so. It is down 0.1% since the
buy signals.
The
Near-term Indicant and Quick-term Indicant signaled buy on May 25, 2011
for
ETF#31-QID.
It is down 1.3% since then. Force remains in bullish domains with Pressure
still lagging a bit in bearish domains.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 23.4% since the sell signals.
Major ETF Events
May 26, 2011-Thu-The
stock market was mildly bullish on today’s souring economic news. That
supports the idea of bearish spurt behavior as opposed to dynamic
bearishness.
May 25,
2011-Wed-ETF#01-QQQQ and ETF#02-SPY received Near-term sell signals.
Although their respective Vector Pressures are in bullish domains, their
Force Vectors dipped south and their prices are below NTI-Green curve.
Although not necessarily bearish, their bullish response to bearish
insults was too anemic to continue holding.
May 24,
2011-Tue-ETF#03-XLE Force crossed above Pressure and into bullish domains.
Behavior in the next few days will be interesting, but it remains bearish
on the near-term cycle.
May 23, 2011-Mon-More
near-term sell signals based on reduction in Force and inevitability of
Pressure falling into bearish domains. It will be interesting to see if
the bull will respond to NTI Blue’s collapse today.
Current Strategy-Short-term Indicant- May 26, 2011. The
stock market bull retains bullish support while the near-term cycle is
increasingly supporting the bear. So far, configurations suggest a bearish
spurt is underway, but risk are too high to continue holding for those
with sell or avoid signals. The bull, however, is offering resistance, but
anemically so. That does not bode well for near-term bullish expectations
along the near-term cycle. Some ETF’s remain very bullish. That suggests
they need to cool off. Their bullish configuration suggests the bull still
has underlying influence, but some cooling is needed before the bull
resumes dominance. That is consistent with bearish spurt behavior. If they
do more than cooling and shift under the influence of the bear, this
bearish spurt could mature into a dynamic bear. Sell signals will be
unleashed if all prices fall below NTI Green. Falling below QTI Yellow
would stamp a “dynamic bear.”
-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
05/26/2011
May 25, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 18 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The stock market bull
retains bullish support while the near-term cycle is increasingly
supporting the bear. So far, configurations suggest a bearish spurt is
underway, but risk are too high to continue holding for those with sell or
avoid signals. The bull, however, is offering resistance, but anemically
so. That does not bode well for near-term bullish expectations along the
near-term cycle. Some ETF’s remain very bullish. That suggests they need
to cool off. Their bullish configuration suggests the bull still has
underlying influence, but some cooling is needed before the bull resumes
dominance. If they do more than cooling and shift under the influence of
the bear, this bearish spurt could mature into a dynamic bear. However,
fundamentals do not yet support that, but keep in mind the stock market
anticipates fundamentals as opposed to following them.
Bearish unanimity
remains absent, though, and thus a bearish spurt remains configured. There
are nine Red Bulls protecting against dynamic bearish behavior. Keep in
mind, also bullish unanimity remains absent on the near-term cycle which
is certainly not inspirational to the stock market bull.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 four major non-contrarian indices.
They are the four Dow Indices. They are down by an average of 0.2% since
their bull signals an average of 6.2-weeks ago. This annualizes at -0.2%.
The Near-term Indicant signaled new bull for contrarian VIX last Monday.
The
Quick-term Indicant has been signaling bull for the twelve major indices,
including contrarian VIX, for an average of 30.7-weeks. They are up by an
average of 16.1% since their bull signals, annualizing at 27.3%.
Short-term Market
Summary
The
Dow30 NTI Bullish Blue collapsed yesterday. It will be interesting to see
if the bull has enough left in it to respond to this insult by the bear
along the near-term cycle. Its response today was meek, but a response
nonetheless. It regained Red Bull status today after losing it yesterday.
The battle wages, but the war is a long way off before concluding with a
victor when considering all short-term attributes.
The
other three Dow Indices, composites, transports, and utilities NTI Blue
curves have not yet collapsed. Thus, there is no bear signal for none of
the Dow Indices including the anemic Dow30. The Dow Utilities remains
steadfastly in support of the bull, even though it was the only major
non-contrarian index that was bearish today. That suggests continuing
money rotations, which is consistent with bearish spurts, as opposed to
dynamic bearish behavior. Its configuration supports a mere technical
adjustment. As long as that configuration remains in tact, the bear cannot
dominate.
There are only four contrarian Red Bulls. Although Red Bull population is
down significantly the past few days, their existence diminishes potential
bearish magnitude. Unfortunately, seven Red Bulls were lost the past three
days. Additionally several NTI Blue Curves collapsed last Monday and the
DJIA’s collapsed this past Tuesday. The expected bullish response occurred
today, which is common after such collapses. It was disappointing today’s
bullish response had little punch to it. Risk assessment favors
recognition of the bear on those indices with the bear signal, as opposed
to assuming a bullish response with the exception of the Dow Indices.
Let’s again wait one more day to see if the bull has any punch left to
these insults by the bear.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. As stated the past several weeks, unless these
configurations shift back to robustness, do not be surprised at overall
stock market lethargy.
May
25, 2011-Wed-Mild volume on mild bullishness offset yesterday’s mild
bearish behavior.
May
24, 2011-Tue-Same as yesterday with milder bearishness.
May
23, 2011-Mon-Low volume accompanied today’s bearish behavior, suggesting a
bearish spurt in the face of underlying bullish bias.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated one buy signal and three sell signals.
The
Near-term Indicant is signaling hold for 14-ETF’s. They are up by an
average of 9.6% since their buy signals an average of 15.8-weeks ago. This
annualizes at 31.6%.
The
NTI is avoiding 14-ETF’s. They are down by an average of 1.2% since their
sell signals an average of 1.3-weeks ago.
The
Quick-term Indicant generated one buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 28-ETF’s. They are up by an
average of 24.0% since their buy signals an average of 42.5-weeks ago.
This annualizes at 29.3%.
The
Quick-term Indicant is avoiding three ETF’s. They are down 6.7% since the
QTI sell signals 2.9-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled sell on May 16, 2011. It is up 3.5% since
then. The Quick-term Indicant signaled buy on Sep 15, 2010. It is up
40.3%, annualizing at 57.6% since then. The Quick-term Indicant will not
signal sell until interacting at QTI Yellow. The short-term attributes
remain bearish as the energy bull is resisting bearish incursions. Keep in
mind, this is along the near-term cycle and really in between bullish and
bearish desires. Force is bullishly mature, suggesting more bearishness is
highly probable on the near-term horizon (within five days).
ETF#11-Gold and Precious Metals
is
up 84.2% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.9%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $130.81 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $148.58. Force is again increasing, which
supports short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 9.7% since then,
annualizing at 36.5%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 on May 17, 2011 from the Near-term Indicant and the
Quick-term Indicant. Force started rising in bullish domains. It is pretty
hot, but the next sell signal will not occur until price falls below NTI
Blue since the buy signal was tardy in doing so. It is down 0.9% since the
buy signals.
The
Near-term Indicant and Quick-term Indicant signaled buy today for
ETF#31-QID.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 21.6% since the sell signals.
Major ETF Events
May 25,
2011-Wed-ETF#01-QQQQ and ETF#02-SPY received Near-term sell signals.
Although their respective Vector Pressures are in bullish domains, their
Force Vectors dipped south and their prices are below NTI-Green curve.
Although not necessarily bearish, their bullish response to bearish
insults was too anemic to continue holding.
May 24,
2011-Tue-ETF#03-XLE Force crossed above Pressure and into bullish domains.
Behavior in the next few days will be interesting, but it remains bearish
on the near-term cycle.
May 23, 2011-Mon-More
near-term sell signals based on reduction in Force and inevitability of
Pressure falling into bearish domains. It will be interesting to see if
the bull will respond to NTI Blue’s collapse today.
Current Strategy-Short-term Indicant- May 25, 2011. The
stock market bull retains bullish support while the near-term cycle is
increasingly supporting the bear. So far, configurations suggest a bearish
spurt is underway, but risk are too high to continue holding for those
with sell or avoid signals. The bull, however, is offering resistance, but
anemically so. That does not bode well for near-term bullish expectations
along the near-term cycle. Some ETF’s remain very bullish. That suggests
they need to cool off. Their bullish configuration suggests the bull still
has underlying influence, but some cooling is needed before the bull
resumes dominance. If they do more than cooling and shift under the
influence of the bear, this bearish spurt could mature into a dynamic
bear.
-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
05/25/2011
May 24, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 17 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Near-term bearish
ambition is not being discouraged. Force continues vacillating in bearish
domains, offering some inspiration to the bear.
Bearish unanimity
remains absent, though, and thus a bearish spurt remains configured. There
are nine Red Bulls protecting against dynamic bearish behavior.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 four major non-contrarian indices.
They are the four Dow Indices. They are up by an average of 0.4% since
their bull signals an average of 6.1-weeks ago. This annualizes at 3.2%.
The Near-term Indicant signaled new bull for contrarian VIX yesterday.
The
Quick-term Indicant has been signaling bull for the twelve major indices,
including contrarian VIX, for an average of 30.6-weeks. They are up by an
average of 15.9% since their bull signals, annualizing at 27.1%.
Short-term Market
Summary
The
Dow30 NTI Bullish Blue collapsed today. It will be interesting to see if
the bull has enough left in it to respond to this insult by the bear along
the near-term cycle. It lost Red Bull status to boot, but barely. If the
bull is not gutless, there should be a response; if for no longer reason
to slow bear’s progress. The battle wages, but the war is a long way off
before concluding with a victor when considering all short-term
attributes.
The
other three Dow Indices, composites, transports, and utilities NTI Blue
curves have not yet collapsed. Thus, there is no bear signal for none of
the Dow Indices including the anemic Dow30. The Dow Utilities remains
steadfastly in support of the bull. Its configuration supports a mere
technical adjustment. As long as that configuration remains in tact, the
bear cannot dominate.
There are only three contrarian Red Bulls. Although Red Bull population is
down significantly the past few days, their existence diminishes potential
bearish magnitude. Unfortunately, eight Red Bulls were lost the past two
days. Additionally several NTI Blue Curves collapsed yesterday and the
DJIA’s collapsed today. That sometimes invokes a bullish response.
However, risk assessment favors recognition of the bear, as opposed to
assuming a bullish response with the exception of the Dow Indices. Let’s
wait one more day to see if the bull has any punch left to these insults
by the bear.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. As stated the past several weeks, unless these
configurations shift back to robustness, do not be surprised at overall
stock market lethargy.
May
24, 2011-Tue-Same as yesterday with milder bearishness.
May
23, 2011-Mon-Low volume accompanied today’s bearish behavior, suggesting a
bearish spurt in the face of underlying bullish bias.
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 17-ETF’s. They are up by an
average of 7.4% since their buy signals an average of 14.2-weeks ago. This
annualizes at 27.0%.
The
NTI is avoiding 15-ETF’s. They are down by an average of 1.2% since their
sell signals an average of 1.4-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 28-ETF’s. They are up by an
average of 23.4% since their buy signals an average of 42.4-weeks ago.
This annualizes at 28.7%.
The
Quick-term Indicant is avoiding four ETF’s. They are down 3.4% since the
QTI sell signals 3.3-weeks ago.
ETF#01-QQQQ is holding since Force is bearishly mature and moving
laterally, suggesting potential for bullish response. This is unusual with
NAS100’s bear signal. This conflict will be resolved by the market in a
day or two.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled sell on May 16, 2011. It is up 1.7% since
then. The Quick-term Indicant signaled buy on Sep 15, 2010. It is up
38.0%, annualizing at 54.5% since then. The Quick-term Indicant will not
signal sell until interacting at QTI Yellow. The short-term attributes
remain bearish as the energy bull is resisting bearish incursions. Keep in
mind, this is along the near-term cycle.
ETF#11-Gold and Precious Metals
is
up 84.2% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.9%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $130.68 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $148.59. Force is again increasing, which
supports short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 9.7% since then,
annualizing at 36.9%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 on May 17, 2011 from the Near-term Indicant and the
Quick-term Indicant. Force started rising in bullish domains. It is pretty
hot, but the next sell signal will not occur until price falls below NTI
Blue since the buy signal was tardy in doing so. It is down 0.5% since the
buy signals.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is up 4.3% since those sell signals.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 19.3% since the sell signals.
Major ETF Events
May 24,
2011-Tue-ETF#03-XLE Force crossed above Pressure and into bullish domains.
Behavior in the next few days will be interesting, but it remains bearish
on the near-term cycle.
May 23, 2011-Mon-More
near-term sell signals based on reduction in Force and inevitability of
Pressure falling into bearish domains. It will be interesting to see if
the bull will respond to NTI Blue’s collapse today.
Current Strategy-Short-term Indicant- May 24, 2011. The
stock market bull retains bullish support while the near-term cycle is
increasingly supporting the bear. So far, configurations suggest a bearish
spurt is underway, but risk are too high to continue holding for those
with sell or avoid signals. The bull, however, is offering resistance.
-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
05/24/2011
May 23, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 16 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Near-term bearish
ambition is not being discouraged. Force continues vacillating in bearish
domains, offering some inspiration to the bear.
Bearish unanimity
remains absent and thus a bearish spurt remains configured. There are nine
Red Bulls protecting against dynamic bearish behavior.
Near-term, Quick-term, Short-term Indicant Stock Market Details
The
Near-term Indicant signaled one new bull and seven new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull four major non-contrarian indices.
They are the four Dow Indices. They are up by an average of 1.4% since
their bull signals an average of 7.4-weeks ago. This annualizes at 9.8%.
The Near-term Indicant signaled new bull for contrarian VIX today.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 33.2-weeks. They are up by an
average of 17.9% since their bull signals, annualizing at 28.1%.
The
Quick-term Indicant generated a new bull signal for contrarian VIX today.
Short-term Market
Summary
There are only four contrarian Red Bulls. Their existence diminishes
bearish magnitude. Unfortunately, seven Red Bulls were lost today.
Additionally several NTI Blue Curves collapsed today. That sometimes
invokes a bullish response. However, risk assessment favors recognition of
the bear, as opposed to assuming a bullish response.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. As stated the past several weeks, unless these
configurations shift back to robustness, do not be surprised at overall
stock market lethargy.
May
23, 2011-Mon-Low volume accompanied today’s bearish behavior, suggesting a
bearish spurt in the face of underlying bullish bias.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and five sell signals.
The
Near-term Indicant is signaling hold for 17-ETF’s. They are up by an
average of 7.6% since their buy signals an average of 14.1-weeks ago. This
annualizes at 28.0%.
The
NTI is avoiding ten ETF’s. They are down by an average of 2.4% since their
sell signals an average of 1.9-weeks ago.
The
Quick-term Indicant generated no buy signals and one sell signal.
The
Quick-term Indicant is signaling hold for 28-ETF’s. They are up by an
average of 23.4% since their buy signals an average of 42.2-weeks ago.
This annualizes at 28.8%.
The
Quick-term Indicant is avoiding three ETF’s. They are down 5.9% since the
QTI sell signals 4.2-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled sell on May 16, 2011. It is up 0.3% since
then. The Quick-term Indicant signaled buy on Sep 15, 2010. It is up
36.1%, annualizing at 52.0% since then. The Quick-term Indicant will not
signal sell until interacting at QTI Yellow. The short-term attributes are
increasingly bearish.
ETF#11-Gold and Precious Metals
is
up 83.3% 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 $130.55 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $147.83. Force is again increasing, which
supports short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 9.2% since then,
annualizing at 35.1%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 on May 17, 2011 from the Near-term Indicant and the
Quick-term Indicant. Force started rising in bullish domains. It is pretty
hot, but the next sell signal will not occur until price falls below NTI
Blue. It is down 0.8% since the buy signals.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is up 2.9% since that sell signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 19.2% since the sell signals.
Major ETF Events
May 23, 2011-Mon-More
near-term sell signals based on reduction in Force and inevitability of
Pressure falling into bearish domains. It will be interesting to see if
the bull will respond to NTI Blue’s collapse today.
Current Strategy-Short-term Indicant- May 23, 2011. The
stock market bull retains bullish support while the near-term cycle is
increasingly supporting the bear. So far, configurations suggest a bearish
spurt is underway, but risk are too high to continue holding for those
with sell or avoid signals.
-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
05/23/2011
May 20, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 15 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Near-term bearish
ambition is not being discouraged. Force is vacillating in bearish
domains.
Bearish unanimity is
required for strong bearish cycles. The
Dow Utilities
is not participating with recent bearish behavior although it was the only
bearish index yesterday and the weakest bullish expression today. Strong
bears require unanimous support across all sectors, other than energy and
commodities.
ETF#10-IBB-Biotech,
which is not contrarian, remains
with bullish configurations. Thus bearish unanimity is absent. The same is
true for bullish support. Therefore, meandering behavior would not be
surprising.
With that do not be
surprised at meandering behavior with a touch of increased volatility.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 of all eleven major non-contrarian
indices. They are up by an average of 0.7% since their respective bull
signals on Apr 1, 2011. This is annualizing at 4.9%. The Near-term
Indicant is signaling bear for contrarian VIX. It is up 0.2% since the
bear signal on April 1, 2011.
The
Quick-term Indicant is also signaling bear of contrarian VIX. It is up
0.2% since the bear signal on Apr 1, 2011.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 32.8-weeks. They are up by an
average of 19.5% since their bull signals, annualizing at 31.0%.
Short-term Market
Summary
Eleven non-contrarian Red Bull configurations remain supportive of the
Quick-term bull. Market behavior reasserted Red Bull status, offering
significant resistance to bearish dominance. There is only one
non-contrarian NTI Blue Bull. That offers very limited bullish support
along the near-term cycle.
Some
Force Vectors reversed back to the north last Wednesday. Since then, some
have waffled, while others remain in favor of the bull. The Dow Utilities
continues expressing strong bullish configurations. Interestingly, it was
the only major index that was bearish last Wed, the weakest bullish
expression this past Thu, and it was the least bearish this past Fri. That
continues suggesting money rotation. With that, we have meandering
potential ahead of us. The stock market bear cannot dominate along the
near-term cycle until all are below NTI Green. Utilities strong bullish
configuration is also a source of frustration to the stock market bear.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. As stated the past several weeks, unless these
configurations shift back to robustness, do not be surprised at overall
stock market lethargy.
May
20, 2011-Fri-Mediocre volume on mild bearishness is consistent with
meandering stock market behavior.
May
19, 2011-Thu-Same as yesterday.
May
18, 2011-Wed-Mild volume on mild bullish offers nothing to upset status
quo; that is bullish bias although with bearish spurt potential.
May
17, 2011-Tue-Volume was up slightly on mild bearish behavior. So far, this
is configured consistent with bearish spurt potential as opposed to
dynamic bearish sustainability.
May
16, 2011-Mon-Mild to aggressive bearish behavior on normal to light volume
suggests that no more than a bearish spurt may be underway; certainly not
a dynamic deep bear with expansive breadth.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and one sell signal.
The
Near-term Indicant is signaling hold for 22-ETF’s. They are up by an
average of 6.7% since their buy signals an average of 12.0-weeks ago. This
annualizes at 29.4%.
The
NTI is avoiding nine ETF’s. They are down by an average of 1.9% since
their sell signals an average of 1.7-weeks ago.
The
Quick-term Indicant generated no buy signals and one sell signal.
The
Quick-term Indicant is signaling hold for 30-ETF’s. They are up by an
average of 24.1% since their buy signals an average of 41.8-weeks ago.
This annualizes at 30.0%.
The
Quick-term Indicant is avoiding two ETF’s. They are down 10.9% since the
QTI sell signals 5.6-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled on May 16, 2011. It is up 1.9% since then. The
Quick-term Indicant signaled buy on Sep 15, 2010. It is up 38.2%,
annualizing at 55.7% since then. The Quick-term Indicant will not signal
sell until interacting at QTI Yellow. The short-term attributes are
increasingly bearish.
ETF#11-Gold and Precious Metals
is
up 82.9% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.5%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $130.42 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $147.49. Force is again increasing, which
supports short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 8.9% since then,
annualizing at 35.3%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 on May 17, 2011 from the Near-term Indicant and the
Quick-term Indicant. Force started rising in bullish domains. It is pretty
hot, but the next sell signal will not occur until price falls below NTI
Blue.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is flat since that sell signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 21.8% since the sell signals.
Major ETF Events
May 20,
2011-Fri-Bullish Forces weakened a bit more.
May 19,
2011-Thu-Force is having some difficulty in shifting into a robust
improvement cycle.
May 18,
2011-Wed-Force reversed direction to the north today, supporting bullish
bias.
May 17, 2011-Tue-No
attributes offered resistance to bearish inclinations. More sell signals
occurred today.
May 16,
2011-Mon-Several attributes discontinued support of the bull and thus four
Near-term sell signals were generated.
Current Strategy-Short-term Indicant- May 20, 2011. The
stock market bull, along all three cycle types, remains in tact with a
mild but increasing deterioration of the near-term cycle. Required
unanimity among non-contrarian securities for bull and bear are absent. Do
not be surprised at meandering stock market behavior during summertime. If
volume remains depressed, expect more volatility.
-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
05/20/2011
May 19, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 14 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Most attributes are
not resisting bearish inclinations with the exception of Force Vectors,
which reversed direction this past Wednesday, favoring the stock market
bull. The bear is not yet dominating. Bearish unanimity is required for
strong bearish cycles. The
Dow Utilities
is not participating with recent bearish behavior although it was the only
bearish index yesterday and the weakest bullish expression today. Strong
bears require unanimous support across all sectors, other than energy and
commodities.
ETF#10-IBB-Biotech,
which is not contrarian, remains
with bullish configurations. Thus bearish unanimity is absent. The same is
true for bullish support.
With that do not be
surprised at meandering behavior with a touch of increased volatility.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 of all eleven major non-contrarian
indices. They are up by an average of 1.3% since their respective bull
signals on Apr 1, 2011. This is annualizing at 10.1%. The Near-term
Indicant is signaling bear for contrarian VIX. It is down 10.8% since the
bear signal on April 1, 2011.
The
Quick-term Indicant is also signaling bear of contrarian VIX. It is down
10.8% since the bear signal on Apr 1, 2011.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 32.6-weeks. They are up by an
average of 20.4% since their bull signals, annualizing at 32.5%.
Short-term Market
Summary
Eleven non-contrarian Red Bull configurations remain supportive of the
Quick-term bull. Market behavior reasserted Red Bull status, offering
significant resistance to bearish dominance. There is only one
non-contrarian NTI Blue Bull. That offers very limited bullish support
along the near-term cycle.
Some
Force Vectors reversed back to the north yesterday, offering the bull a
bit of inspiration. The Dow Utilities is expressing very strong bullish
configurations. Interestingly, it was the only major index that was
bearish yesterday and the weakest bullish expression today, suggesting
money rotation. With that, we have meandering potential ahead of us. The
stock market bear cannot dominate along the near-term cycle until all are
below NTI Green.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. Unless these configurations shift back to robust
configurations, do not be surprised at overall stock market lethargy.
May
19, 2011-Thu-Same as yesterday.
May
18, 2011-Wed-Mild volume on mild bullish offers nothing to upset status
quo; that is bullish bias although with bearish spurt potential.
May
17, 2011-Tue-Volume was up slightly on mild bearish behavior. So far, this
is configured consistent with bearish spurt potential as opposed to
dynamic bearish sustainability.
May
16, 2011-Mon-Mild to aggressive bearish behavior on normal to light volume
suggests that no more than a bearish spurt may be underway; certainly not
a dynamic deep bear with expansive breadth.
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 23-ETF’s. They are up by an
average of 6.9% since their buy signals an average of 11.4-weeks ago. This
annualizes at 31.4%.
The
NTI is avoiding nine ETF’s. They are down by an average of 1.6% since
their sell signals an average of 1.5-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 30-ETF’s. They are up by an
average of 23.9% since their buy signals an average of 41.3-weeks ago.
This annualizes at 30.9%.
The
Quick-term Indicant is avoiding two ETF’s. They are down 12.0% since the
QTI sell signals 5.5-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled sell last Monday. It was flat yesterday, but
up by 2.0% today. Quick-term Indicant signaled buy on Sep 15, 2010. It is
up 38.4%, annualizing at 56.2% since then. The Quick-term Indicant will
not signal sell until interacting at QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 80.6% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 32.6%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $130.29 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $145.65. Force is again increasing, which
supports short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 7.6% since then,
annualizing at 30.2%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 last Tuesday from the Near-term Indicant and the
Quick-term Indicant. Force started rising in bullish domains. It is pretty
hot, but the next sell signal will not occur until price falls below NTI
Blue.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is down 1.5% since that sell signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 22.5% since the sell signals.
Major ETF Events
May 19,
2011-Thu-Force is having some difficulty in shifting into a robust
improvement cycle.
May 18,
2011-Wed-Force reversed direction to the north today, supporting bullish
bias.
May 17, 2011-Tue-No
attributes offered resistance to bearish inclinations. More sell signals
occurred today.
May 16,
2011-Mon-Several attributes discontinued support of the bull and thus four
Near-term sell signals were generated.
Current Strategy-Short-term Indicant- May 19, 2011. The
stock market bull, along all three cycle types, remains in tact with a
mild but increasing deterioration of the near-term cycle. Required
unanimity among non-contrarian securities for bull and bear are absent.
-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
05/19/2011
May 18, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 13 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Most attributes are
not resisting bearish inclinations with the exception of Force Vectors,
which reversed direction today favoring the stock market bull. The bear is
not yet dominating. Bearish unanimity is required for strong bearish
cycles. The
Dow Utilities
is not participating with recent bearish behavior although it was the only
bearish index today. Strong bears require unanimous support across all
sectors, other than energy and commodities.
ETF#10-IBB-Biotech,
which is not contrarian, remains
with bullish configurations. Thus bearish unanimity is absent. The same is
true for bullish support.
With that do not be
surprised at meandering behavior with a touch of increased volatility.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 of all eleven major non-contrarian
indices. They are up by an average of 1.0% since their respective bull
signals on Apr 1, 2011. This is annualizing at 7.7%. The Near-term
Indicant is signaling bear for contrarian VIX. It is down 6.7% since the
bear signal on April 1, 2011.
The
Quick-term Indicant is also signaling bear of contrarian VIX. It is down
6.7% since the bear signal on Apr 1, 2011.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 32.5-weeks. They are up by an
average of 20.0% since their bull signals, annualizing at 31.9%.
Short-term Market
Summary
Eleven non-contrarian Red Bull configurations remain supportive of the
Quick-term bull. Market behavior reasserted Red Bull status, offering
significant resistance to bearish dominance. There is only one
non-contrarian NTI Blue Bull. That offers very limited bullish support
along the near-term cycle.
Some
Force Vectors reversed back to the north today, offering the bull a bit of
inspiration. The Dow Utilities is expressing very strong bullish
configurations. Interestingly, it was the only major index that was
bearish today, suggesting money rotation. With that, we have meandering
potential ahead of us. The stock market bear cannot dominate along the
near-term cycle until all are below NTI Green.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. Unless these configurations shift back to robust
configurations, do not be surprised at overall stock market lethargy.
May
18, 2011-Wed-Mild volume on mild bullish offers nothing to upset status
quo; that is bullish bias although with bearish spurt potential.
May
17, 2011-Tue-Volume was up slightly on mild bearish behavior. So far, this
is configured consistent with bearish spurt potential as opposed to
dynamic bearish sustainability.
May
16, 2011-Mon-Mild to aggressive bearish behavior on normal to light volume
suggests that no more than a bearish spurt may be underway; certainly not
a dynamic deep bear with expansive breadth.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated one buy signal and no sell signals.
The
Near-term Indicant is signaling hold for 22-ETF’s. They are up by an
average of 6.8% since their buy signals an average of 11.2-weeks ago. This
annualizes at 31.2%.
The
NTI is avoiding nine ETF’s. They are down by an average of 1.2% since
their sell signals an average of 1.4-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 30-ETF’s. They are up by an
average of 23.8% since their buy signals an average of 41.2-weeks ago.
This annualizes at 30.9%.
The
Quick-term Indicant is avoiding two ETF’s. They are down 10.8% since the
QTI sell signals 5.4-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled sell last Monday. It was flat yesterday, but
up by 2.0% today. Quick-term Indicant signaled buy on Sep 15, 2010. It is
up 38.4%, annualizing at 56.4% since then. The Quick-term Indicant will
not signal sell until interacting at QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 80.5% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 32.6%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $130.16 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $145.60. Force is again increasing, which
supports short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 7.5% since then,
annualizing at 30.4%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 yesterday from the Near-term Indicant and the
Quick-term Indicant. Force started rising in bullish domains.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is down 0.8% since that sell signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 20.8% since the sell signals.
Major ETF Events
May 18, 2011-Force
reversed direction to the north today, supporting bullish bias.
May 17, 2011-No
attributes offered resistance to bearish inclinations. More sell signals
occurred today.
May 16, 2011-Several
attributes discontinued support of the bull and thus four Near-term sell
signals were generated.
Current Strategy-Short-term Indicant- May 18, 2011. The
stock market bull, along all three cycle types, remains in tact with a
mild but increasing deterioration of the near-term cycle. Required
unanimity among non-contrarian securities for bull and bear are absent.
-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
05/18/2011
May 17, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 12 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Most attributes are
not resisting bearish inclinations. A few more sell signals were
generated. However, the bear is not yet dominating. Bearish unanimity is
required for strong bearish cycles. The
Dow Utilities
is not participating with recent bearish behavior. Strong bears require
unanimous support across all sectors, other than energy and commodities.
ETF#10-IBB-Biotech,
which is not contrarian, remains
with bullish configurations. Thus bearish unanimity is absent. The same is
true for bullish support.
With that do not be
surprised at meandering behavior with a touch of increased volatility.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 of all eleven major non-contrarian
indices. They are up by an average of 0.1% since their respective bull
signals on Apr 1, 2011. This is annualizing at 0.6%. The Near-term
Indicant is signaling bear for contrarian VIX. It is up 0.9% since the
bear signal on April 1, 2011.
The
Quick-term Indicant is also signaling bear of contrarian VIX. It is up
0.9% since the bear signal on Apr 1, 2011.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 32.3-weeks. They are up by an
average of 18.8% since their bull signals, annualizing at 30.3%.
Short-term Market
Summary
Six
non-contrarian Red Bull configurations remain supportive of the Quick-term
bull cycle even though several were lost the past two days. There is only
one non-contrarian NTI Blue Bull. That offers very limited bullish support
along the near-term cycle.
Force Vectors reversed back to the south. That provides some encouragement
to the stock market bear. The Dow Utilities is expressing very strong
bullish configurations. It may be overheated offering bearish spurt
potential. However, the stock market bear cannot dominate along the
near-term cycle until all are below NTI Green.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. Unless these configurations shift back to robust
configurations, do not be surprised at overall stock market lethargy.
May
17, 2011-Tue-Volume was up slightly on mild bearish behavior. So far, this
is configured consistent with bearish spurt potential as opposed to
dynamic bearish sustainability.
May
16, 2011-Mon-Mild to aggressive bearish behavior on normal to light volume
suggests that no more than a bearish spurt may be underway; certainly not
a dynamic deep bear with expansive breadth.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated one buy signal and three sell signals.
The
Near-term Indicant is signaling hold for 22-ETF’s. They are up by an
average of 6.1% since their buy signals an average of 11.6-weeks ago. This
annualizes at 27.4%.
The
NTI is avoiding six ETF’s. They are down by an average of 2.6% since their
sell signals an average of 1.8-weeks ago.
The
Quick-term Indicant generated one buy signal and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 23.5% since their buy signals an average of 41.4-weeks ago.
This annualizes at 29.5%.
The
Quick-term Indicant is avoiding two ETF’s. They are down 8.9% since the
QTI sell signals 5.2-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled sell yesterday. It was flat today. It is below
NTI Green and Force dipped to the south in bearish domains. Quick-term
Indicant signaled buy on Sep 15, 2010. It is up 35.6%, annualizing at
52.6% since then. The Quick-term Indicant will not signal sell until
interacting at QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 79.5% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 32.3%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $130.03 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $144.74. Force is again increasing, which
supports short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 6.9% since then,
annualizing at 28.2%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 the Near-term Indicant. Force started
rising in bullish domains.
The
Quick-term Indicant signaled buy today. Anticipated bearish behavior did
not occur.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is up 0.8% since that sell signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 18.6% since the sell signals.
Major ETF Events
May 17, 2011-No
attributes offered resistance to bearish inclinations. More sell signals
occurred today.
May 16, 2011-Several
attributes discontinued support of the bull and thus four Near-term sell
signals were generated.
Current Strategy-Short-term Indicant- May 16, 2011. The
stock market bull, along all three cycle types, remains in tact with a
mild but increasing deterioration of the near-term cycle. Force Vectors
reversed their support of the stock market bull. Required unanimity among
non-contrarian securities for bull and bear are absent.
-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
05/17/2011
May 16, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 11 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Many Force Vectors
shifted laterally or down today causing some lost support for the stock
market bull. Consequently, the Near-term Indicant generated four sell
signals.
Bearish unanimity is
required for strong bearish cycles. The
Dow Utilities
is not participating with recent bearish behavior. Strong bears require
unanimous support across all sectors, other than energy and commodities.
ETF#10-IBB-Biotech,
which is not contrarian, remains
with bullish configurations. Thus bearish unanimity is absent. The same is
true for bullish support.
ETF#03-XLE-Energy
received a sell signal today, along with three other ETF’s.
With that do not be
surprised at meandering behavior with a touch of increased volatility.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 of all eleven major non-contrarian
indices. They are up by an average of 0.2% since their respective bull
signals on Apr 1, 2011. This is annualizing at 1.6%. The Near-term
Indicant is signaling bear for contrarian VIX. It is up 4.8% since the
bear signal on April 1, 2011.
The
Quick-term Indicant is also signaling bear of contrarian VIX. It is up
4.8% since the bear signal on Apr 1, 2011.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 32.2-weeks. They are up by an
average of 19.0% since their bull signals, annualizing at 30.7%.
Short-term Market
Summary
Seven non-contrarian Red Bull configurations remain supportive of the
Quick-term bull cycle even though several were the past two days. There is
only one non-contrarian NTI Blue Bull. That offers very limited bullish
support along the near-term cycle.
Force Vectors reversed back to the south. That provides some encouragement
to the stock market bear. The Dow Utilities is expressing very strong
bullish configurations. It may be overheated offering bearish spurt
potential. However, the stock market bear cannot dominate along the
near-term cycle until all are below NTI Green
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. Unless these configurations shift back to robust
configurations, do not be surprised at overall stock market lethargy.
May
16, 2011-Mon-Mild to aggressive bearish behavior on normal to light volume
suggests that no more than a bearish spurt may be underway; certainly not
a dynamic deep bear with expansive breadth.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and four sell signals.
The
Near-term Indicant is signaling hold for 25-ETF’s. They are up by an
average of 5.0% since their buy signals an average of 10.9-weeks ago. This
annualizes at 23.9%.
The
NTI is avoiding three ETF’s. They are down by an average of 2.9% since
their sell signals an average of 5.2-weeks ago.
The
Quick-term Indicant generated no buy signal 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 41.3-weeks ago.
This annualizes at 29.7%.
The
Quick-term Indicant is avoiding three ETF’s. They are down 3.2% since the
QTI sell signals 5.3-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term Indicant signaled sell today. It is below NTI Green and Force
dipped to the south in bearish domains. Quick-term Indicant signaled buy
on Sep 15, 2010. It is up 35.6%, annualizing at 52.8% since then. The
Quick-term Indicant will not signal sell until interacting at QTI Yellow.
ETF#11-Gold and Precious Metals
is
up 80.2% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 32.6%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $129.89 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $145.37. Force is again increasing, which
supports short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 7.4% since then,
annualizing at 30.4%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 Fri Apr 8, 2011 by the Near-term Indicant. It is
up 6.8% since that sell signal. Vector Pressure is no longer in bearish
domains, threatening the avoid signal. Force is moving south, adding a bit
to anticipated bearish behavior. Once the Force cycle matures in a few
days, obviations of directional intensity will occur. It was appropriately
down in four of the past seven trading days, but up today.
The
Quick-term Indicant signaled bear on Apr 8, 2011. It is up 6.1% since that
sell signal.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is up 1.4% since that sell signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 16.9% since the sell signals.
Major ETF Events
May 16, 2011-Several
attributes discontinued support of the bull and thus four Near-term sell
signals were generated.
Current Strategy-Short-term Indicant- May 16, 2011. The
stock market bull, along all three cycle types, remains in tact with a
mild but increasing deterioration of the near-term cycle. Force Vectors
reversed their support of the stock market bull. Required unanimity among
non-contrarian securities for bull and bear are absent.
-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
05/16/2011
May 13, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 10 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force Vectors
continue moving to the north. This is solidly non-bearish and mostly
bullish. A strong bullish cycle will facilitate a continuation of the
stock market bull. Last Wednesday’s and Friday’s strong bearish behavior
did little to disrupt prior two sentences. If Force shifts back to south,
though, the Near-term bearish cycle will gain traction.
Bearish unanimity is
required for strong bearish cycles. The
Dow Utilities is not participating with recent bearish inclinations.
ETF#10-IBB-Biotech is behaving as if a new bear is impossible. Strong
bears require unanimous support across all sectors, other than energy and
commodities. Interestingly,
ETF#03-XLE-Energy is indeed under bearish attack along the near-term
cycle. Pressure remains positive and thus preventing NTI sell signal. If
all ETF’s were similarly configured, the stock market bear would be
inspired.
The bear seeks
unanimity to support its ambition. So far, it is falling short in that
endeavor.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 of all eleven major non-contrarian
indices. They are up by an average of 1.0% since their respective bull
signals on Apr 1, 2011. This is annualizing at 8.3%. The Near-term
Indicant is signaling bear for contrarian VIX. It is down 1.9% since the
bear signal on April 1, 2011.
The
Quick-term Indicant is also signaling bear of contrarian VIX. It is down
1.9% since the bear signal on Apr 1, 2011.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 31.8-weeks. They are up by an
average of 19.9% since their bull signals, annualizing at 32.6%.
Short-term Market
Summary
Ten
non-contrarian Red Bull configurations remain supportive of the Quick-term
bull cycle. One was lost this Friday. There is only one non-contrarian NTI
Blue Bull. That offers very limited bullish support along the near-term
cycle.
Most
Force Vectors are moving north and are behaving consistent with bullish
expectations. The Dow Utilities is expressing very strong bullish
configurations, while the perennially lagging S&P100 remains a bit shaky.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. Unless these configurations shift back to robust
configurations, do not be surprised at overall stock market lethargy.
May
13, 2011-Fri-Light volume on bearish aggression is consistent with bearish
spurt configurations, as opposed to dynamic bearish behavior.
May
12, 2011-Thu-Again, mild volume on mild bullishness tends to perpetuate
status quo; that is near-term bullish bias.
May
11, 2011-Wed-Light to normal volume on bearish aggression does not offer
the bear enough inspiration to continue.
May
10, 2011-Tue-Mild volume on mild bullishness offers no arguments to
prevailing near-term bullish bias.
May
9, 2011-Mon-Light volume on mild bullishness says nothing. Bullish bias
prevails, albeit without much pizzazz.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and no sell signals.
The
Near-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 5.7% since their buy signals an average of 10.8-weeks ago. This
annualizes at 27.4%.
The
NTI is avoiding three ETF’s. They are down by an average of 4.9% since
their sell signals an average of 4.8-weeks ago.
The
Quick-term Indicant generated no buy signal and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up 24.4%
since their buy signals an average of 40.8-weeks ago. This annualizes at
31.1%.
The
Quick-term Indicant is avoiding three ETF’s. They are down 5.1% since the
QTI sell signals 4.9-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up
36.7%, annualizing at 55.0% since then. This ETF lost Red Bull status last
Wednesday. Force fell into bearish domains six trading days ago, but
Pressure remains positive. However, falling below NTI Green is discerning.
Configurations are threatening the hold signal. Reason for not selling is
positive Vector Pressure and a rising Force Vector.
ETF#11-Gold and Precious Metals
is
up 80.6% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 32.8%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $129.76 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $145.63. Force is again increasing, which support
short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 7.5% since then,
annualizing at 32.3%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 Fri Apr 8, 2011 by the Near-term Indicant. It is
up 6.2% since that sell signal. Vector Pressure is no longer in bearish
domains, threatening the avoid signal. Force is moving south, adding a bit
to anticipated bearish behavior. There is correcting, as expected. Once
the Force cycle matures in a few days, obviations of directional intensity
will occur. It was appropriately down in four of the past six trading
days.
The
Quick-term Indicant signaled bear on Apr 8, 2011. It is up 5.5% since that
sell signal.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is down 2.1% since that sell signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 18.8% since the sell signals.
Major ETF Events
May 13, 2011-Fri-None
May 12, 2011-Thu-None
May 11,
2011-Wed-Bearish behavior correlated with the U.S. greenback
strengthening. That suggests deflationary concerns., which is a bit
nonsensical at this point.
May 10,
2011-Tue-Force is gaining strength, offering near-term bullish support.
May 9, 2011-Mon-Force
Vectors are at cyclical bottom with some reversing into a bullish cycle.
This cycle will be interesting. A strong bullish cycle will enhance stock
market bull’s position.
Current Strategy-Short-term Indicant- May 13, 2011. The
stock market bull, along all three cycle types, remains in tact with a
mild deterioration of the near-term cycle. Force Vectors are again
positioning in favor of the stock market bull. The recent bearish spurt
lacked unanimity among non-contrarian securities.
-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
05/13/2011
May 12, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 09 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force Vectors
continue moving to the north. This is solidly non-bearish and mostly
bullish. A strong bullish cycle will facilitate a continuation of the
stock market bull. Yesterday’s strong bearish behavior did little to
disrupt prior two sentences. If Force shifts back to south, though, the
Near-term bearish cycle will gain traction.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 of all eleven major non-contrarian
indices. They are up by an average of 2.0% since their respective bull
signals on Apr 1, 2011. This is annualizing at 17.5%. The Near-term
Indicant is signaling bear for contrarian VIX. It is down 7.9% since the
bear signal on April 1, 2011.
The
Quick-term Indicant is also signaling bear of contrarian VIX. It is down
7.9% since the bear signal on Apr 1, 2011.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 31.6-weeks. They are up by an
average of 21.1% since their bull signals, annualizing at 34.8%.
Short-term Market
Summary
Eleven non-contrarian Red Bull configurations remain supportive of the
Quick-term bull cycle. Four non-contrarian NTI Blue Bulls offer additional
bullish support even though six were lost yesterday.
Force Vectors are moving north and are behaving consistent to bullish
expectations. The Dow Utilities is expressing very strong bullish
configurations, while the perennially lagging S&P100 remains a bit shaky.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. Unless these configurations shift back to robust
configurations, do not be surprised at overall stock market lethargy.
May
12, 2011-Thu-Again, mild volume on mild bullishness tends to perpetuate
status quo; that is near-term bullish bias.
May
11, 2011-Wed-Light to normal volume on bearish aggression does not offer
the bear enough inspiration to continue.
May
10, 2011-Tue-Mild volume on mild bullishness offers no arguments to
prevailing near-term bullish bias.
May
9, 2011-Mon-Light volume on mild bullishness says nothing. Bullish bias
prevails, albeit without much pizzazz.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and no sell signals.
The
Near-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 6.8% since their buy signals an average of 10.6-weeks ago. This
annualizes at 33.3%.
The
NTI is avoiding three ETF’s. They are down by an average of 6.2% since
their sell signals an average of 4.6-weeks ago.
The
Quick-term Indicant generated no buy signal and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up 25.7%
since their buy signals an average of 40.7-weeks ago. This annualizes at
32.9%.
The
Quick-term Indicant is avoiding three ETF’s. They are down 6.5% since the
QTI sell signals 4.7-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up
37.3%, annualizing at 56.2% since then. This ETF lost Red Bull status
yesterday. Force fell into bearish domains one week ago, but Pressure
remains positive. However, falling below NTI Green one week ago is
discerning. Configurations are threatening the hold signal. Reason for not
selling is positive Vector Pressure and a rising Force Vector.
ETF#11-Gold and Precious Metals
is
up 81.8% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.4%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $129.62 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $146.59. Force is again increasing, which support
short-term bullishness.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 8.3% since then,
annualizing at 35.8%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 Fri Apr 8, 2011 by the Near-term Indicant. It is
up 5.3% since that sell signal. Vector Pressure is no longer in bearish
domains, threatening the avoid signal. Force is moving south, adding a bit
to anticipated bearish behavior. There is correcting, as expected. Once
the Force cycle matures in a few days, obviations of directional intensity
will occur. It was appropriately down in four of the past five trading
days.
The
Quick-term Indicant signaled bear on Apr 8, 2011. It is up 4.5% since that
sell signal.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is down 4.2% since that sell signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 19.8% since the sell signals.
Major ETF Events
May 12, 2011-Thu-None
May 11,
2011-Wed-Bearish behavior correlated with the U.S. greenback
strengthening. That suggests deflationary concerns., which is a bit
nonsensical at this point.
May 10,
2011-Tue-Force is gaining strength, offering near-term bullish support.
May 9, 2011-Mon-Force
Vectors are at cyclical bottom with some reversing into a bullish cycle.
This cycle will be interesting. A strong bullish cycle will enhance stock
market bull’s position.
Current Strategy-Short-term Indicant- May 11, 2011. The
stock market bull, along all three cycle types, remains in tact with a
mild deterioration of the near-term cycle. Force Vectors are again
positioning in favor of the stock market bull. The recent bearish spurt
lacked unanimity among non-contrarian securities.
-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
05/12/2011
May 11, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 08 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force Vectors have
begun a shift to the north. This is solidly non-bearish and mostly
bullish. A strong bullish cycle will facilitate a continuation of the
stock market bull. Today’s bearish behavior does little to disrupt prior
two sentences. If Force shifts back to south, though, the Near-term
bearish cycle will gain traction.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 of all eleven major non-contrarian
indices. They are up by an average of 1.5% since their respective bull
signals on Apr 1, 2011. This is annualizing at 13.2%. The Near-term
Indicant is signaling bear for contrarian VIX. It is down 2.6% since the
bear signal on April 1, 2011.
The
Quick-term Indicant is also signaling bear of contrarian VIX. It is down
2.6% since the bear signal on Apr 1, 2011.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 31.5-weeks. They are up by an
average of 20.5% since their bull signals, annualizing at 33.9%.
Short-term Market
Summary
Eleven non-contrarian Red Bull configurations remain supportive of the
Quick-term bull cycle. Four non-contrarian NTI Blue Bulls offer additional
bullish support even though six were lost today.
Force Vectors are moving north for the most part. The weakest index,
S&P100, shifted slightly south on today’s bearish behavior. However, most
are behaving consistent to bullish expectations.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. Unless these configurations shift back to robust
configurations, do not be surprised at overall stock market lethargy.
May
11, 2011-Wed-Light to normal volume on bearish aggression does not offer
the bear enough inspiration to continue.
May
10, 2011-Tue-Mild volume on mild bullishness offers no arguments to
prevailing near-term bullish bias.
May
9, 2011-Mon-Light volume on mild bullishness says nothing. Bullish bias
prevails, albeit without much pizzazz.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and no sell signals.
The
Near-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 6.2% since their buy signals an average of 10.5-weeks ago. This
annualizes at 30.8%.
The
NTI is avoiding three ETF’s. They are down by an average of 5.4% since
their sell signals an average of 4.5-weeks ago.
The
Quick-term Indicant generated no buy signal and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up 25.0%
since their buy signals an average of 40.5-weeks ago. This annualizes at
32.1%.
The
Quick-term Indicant is avoiding three ETF’s. They are down 5.7% since the
QTI sell signals 4.6-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up
37.5%, annualizing at 56.8% since then. This ETF lost Red Bull status
today. Force fell into bearish domains last Thu, but Pressure remains
positive. However, falling below NTI Green last Thu is discerning.
Configurations are threatening the hold signal. Reason for not selling is
positive Vector Pressure and a bearishly mature Force Vector.
ETF#11-Gold and Precious Metals
is
up 81.7% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.4%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $129.48 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $146.54. Force is at a cyclical minimum, offering
additional bullish support.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 8.2% since then,
annualizing at 36.1%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure. Threatening is price below NTI Blue, but
Pressure remains positive.
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 Fri Apr 8, 2011 by the Near-term Indicant. It is
up 6.0% since that sell signal. Vector Pressure is no longer in bearish
domains, threatening the avoid signal. Force is moving south, adding a bit
to anticipated bearish behavior. There will be a correction to this fund
in a few days and from there obviations of directional intensity will
occur. It was appropriately down in three of the past four trading days.
The
Quick-term Indicant signaled bear on Apr 8, 2011. It is up 5.2% since that
sell signal.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is down 3.1% since that sell signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 19.0% since the sell signals.
Major ETF Events
May 11,
2011-Wed-Bearish behavior correlated with the U.S. greenback
strengthening. That suggests deflationary concerns., which is a bit
nonsensical at this point.
May 10,
2011-Tue-Force is gaining strength, offering near-term bullish support.
May 9, 2011-Mon-Force
Vectors are at cyclical bottom with some reversing into a bullish cycle.
This cycle will be interesting. A strong bullish cycle will enhance stock
market bull’s position.
Current Strategy-Short-term Indicant- May 11, 2011. The
stock market bull, along all three cycle types, remains in tact with a
mild deterioration of the near-term cycle. Force Vectors are again
positioning in favor of the stock market bull. The recent bearish spurt
lacked unanimity among non-contrarian securities.
-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
05/11/2011
May 10, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 07 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force Vectors have
begun a shift to the north. This is solidly non-bearish and mostly
bullish. A strong bullish cycle will facilitate a continuation of the
stock market bull.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 of all eleven major non-contrarian
indices. They are up by an average of 2.5% since their respective bull
signals on Apr 1, 2011. This is annualizing at 23.5%. The Near-term
Indicant is signaling bear for contrarian VIX. It is down 8.6% since the
bear signal on April 1, 2011.
The
Quick-term Indicant is also signaling bear of contrarian VIX. It is down
8.6% since the bear signal on Apr 1, 2011.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 31.2-weeks. They are up by an
average of 21.8% since their bull signals, annualizing at 36.2%.
Short-term Market
Summary
Eleven non-contrarian Red Bull configurations remain supportive of the
Quick-term bull cycle. Ten non-contrarian NTI Blue Bulls offering
additional bullish support.
As
stated yesterday, bearish Force Vector cycles are maturing. That favors
the stock market bull.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. Unless these configurations shift back to robust
configurations, do not be surprised at overall stock market lethargy.
May
10, 2011-Tue-Mild volume on mild bullishness offers no arguments to
prevailing near-term bullish bias.
May
9, 2011-Mon-Light volume on mild bullishness says nothing. Bullish bias
prevails, albeit without much pizzazz.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and no sell signals.
The
Near-term Indicant is signaling hold for 29-ETF’s. They are up by an
average of 7.7% since their buy signals an average of 10.3-weeks ago. This
annualizes at 38.7%.
The
NTI is avoiding three ETF’s. They are down by an average of 6.5% since
their sell signals an average of 4.3-weeks ago.
The
Quick-term Indicant generated no buy signal and no sell signals.
The
Quick-term Indicant is signaling hold for 29-ETF’s. They are up 26.8%
since their buy signals an average of 40.4-weeks ago. This annualizes at
34.5%.
The
Quick-term Indicant is avoiding three ETF’s. They are down 6.8% since the
QTI sell signals 4.4-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up
41.6%, annualizing at 63.2% since then. This ETF remains with Red Bull
status and supportive of its bullishness. Force fell into bearish domains
last Thu, but Pressure remains positive. However, falling below NTI Green
last Thu is discerning. It was bullish the past two days, though, but
configurations remain a bit discerning.
ETF#11-Gold and Precious Metals
is
up 83.4% 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 $129.34 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $147.90. Force is at a cyclical minimum, offering
additional bullish support.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 9.2% since then,
annualizing at 41.0%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It is
up 5.4% since that sell signal. Vector Pressure is no longer in bearish
domains. Force has resumed shifting to the south, adding a bit to
anticipated bearish behavior. There will be a correction to this fund in a
few days and from there obviations of directional intensity will occur. It
was appropriately down the past three trading days.
The
Quick-term Indicant signaled bear on Apr 8, 2011. It is up 4.6% since that
sell signal.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is down 4.5% since that sell signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 20.4% since the sell signals.
Major ETF Events
May 10,
2011-Tue-Force is gaining strength, offering near-term bullish support.
May 9, 2011-Mon-Force
Vectors are at cyclical bottom with some reversing into a bullish cycle.
This cycle will be interesting. A strong bullish cycle will enhance stock
market bull’s position.
Current Strategy-Short-term Indicant- May 10, 2011. The
stock market bull, along all three cycle types, remains in tact with a
mild deterioration of the near-term cycle. Force Vectors are again
positioning in favor of the stock market bull. The recent bearish spurt
lacked unanimity among non-contrarian securities.
-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
05/10/2011
May 9, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 06 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force Vectors are
reversing their bearish cycle. A strong bullish cycle will facilitate a
continuation of the stock market bull.
ETF-EWJ#06-Japan
received a buy signal from both the Quick-term and Near-term Indicant.
Its Vector Pressure became positive today. It appears the stock market
bull is supporting the stock market bull.
Adding some bearish
support is weakening
ETF#21-EWZ-Brazil.
It has been meandering in a mild bearish configuration for several months.
It fell below NTI Green last Thursday. As stated last Thursday, the stock
market bear will be inspired along the near-term cycle if there is no
bullish bounce off of that. There was a mild bullish bounce today. More is
needed, though to encourage the stock market bull.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 of all eleven major non-contrarian
indices. They are up by an average of 1.5% since their respective bull
signals on Apr 1, 2011. This is annualizing at 14.4%. The Near-term
Indicant is signaling bear for contrarian VIX. It is down 1.4% since the
bear signal on April 1, 2011.
The
Quick-term Indicant is also signaling bear of contrarian VIX. It is down
1.4% since the bear signal on Apr 1, 2011.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 31.2-weeks. They are up by an
average of 20.6% since their bull signals, annualizing at 34.4%.
Short-term Market
Summary
Eleven non-contrarian Red Bull configurations remain supportive of the
Quick-term bull cycle. Six non-contrarian NTI Blue Bulls offer support in
spite of losing several last week.
Bearish Force Vector cycles are maturing. That favors the stock market
bull.
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. It continues moving lethargically. The NYSE
Indicant Volume Indicator remains in low interest domains, while mildly
increasing there. Unless these configurations shift back to robust
configurations, do not be surprised at overall stock market lethargy.
May
9, 2011-Mon-Light volume on mild bullishness says nothing. Bullish bias
prevails, albeit without much pizzazz.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated one buy signal and no sell signals.
The
Near-term Indicant is signaling hold for 28-ETF’s. They are up by an
average of 6.9% since their buy signals an average of 10.6-weeks ago. This
annualizes at 34.0%.
The
NTI is avoiding three ETF’s. They are down by an average of 4.8% since
their sell signals an average of 4.2-weeks ago.
The
Quick-term Indicant generated one buy signal and no sell signals.
The
Quick-term Indicant is signaling hold for 28-ETF’s. They are up 26.5%
since their buy signals an average of 41.7-weeks ago. This annualizes at
33.0%.
The
Quick-term Indicant is avoiding three ETF’s. They are down 5.0% since the
QTI sell signals 4.3-weeks ago.
The
lone buy signal was for non-contrarian
ETF-EWJ#06-Japan.
Pressure became positive today, climbing into bullish domains.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled buy on Sep 15, 2010. It is up
41.0%, annualizing at 62.5% since then. This ETF remains with Red Bull
status and supportive of its bullishness. Force fell into bearish domains
last Thu, but Pressure remains positive. However, falling below NTI Green
last Thu is discerning. It was solidly bullish today, though, but
configurations remain a bit discerning.
ETF#11-Gold and Precious Metals
is
up 82.7% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.9%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $129.20 and still rising. There
is no need for being patient here since your buy price approximates $80.65
versus today’s closing price of $147.38. It simply keeps moving north and
with significant gusto three weeks ago in spite of bearish behavior in
four of the past six days. It was solidly bullish today. Force is at a
cyclical minimum, offering additional bullish support.
The
Near-term Indicant signaled buy on Feb 18, 2011. It is up 8.8% since then,
annualizing at 39.8%.
Near-term attributes for the next sell signal will be price below NTI Blue
with negative Vector Pressure.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a sell signal on Fri Apr 8, 2011 by the Near-term Indicant. It is
up 6.1% since that sell signal. Vector Pressure is no longer in bearish
domains. Force was shifting to the south. It moved north the past six
days, upsetting a bearish prognosis. As stated last week, that cycle is at
a maximum, adding increasing bearish probabilities in the next few days.
There will be a correction to this fund in a few days and from there
obviations of directional intensity will occur. It was appropriately down
the past two trading days.
The
Quick-term Indicant signaled bear on Apr 8, 2011. It is up 5.5% since that
sell signal.
The
Near-term Indicant and Quick-term Indicant signaled sell Apr 20, 2011 for
ETF#31-QID.
It is down 2.9% since that sell signal.
The
Quick-term and Near-term Indicant signaled sell on Apr 1, 2011 for
ETF#32-VXX.
This ETN does not track well with VIX. The Short-term Indicant may
discontinue tracking this ETN due to poor quality practices by its
managers. It is down 17.5% since the sell signals.
Major ETF Events
May 9, 2011-Mon-Force
Vectors are at cyclical bottom with some reversing into a bullish cycle.
This cycle will be interesting. A strong bullish cycle will enhance stock
market bull’s position.
Current Strategy-Short-term Indicant- May 9, 2011. The
stock market bull along all three cycle types remains in tact with a mild
deterioration of the near-term cycle. Force Vectors are again positioning
in favor of the stock market bull. The recent bearish spurt lacked
unanimity among non-contrarian securities.
-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
05/09/2011
May 6, 2011 Indicant Daily Stock Market Report
Volume 05, Issue 05 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force Vectors are
nearing a cyclical bottom, which should suppress bearish ambition along
the near-term cycle.
The bull still needs
more bullish Pressure from
ETF-EWJ#06-Japan.
As you can see, its Vector Pressure remains in bearish domains. That is
pestering the stock market bull. The question remains as valid, will Japan
bring down the stock market bull? A new evolving question is, will the
stock market bull lift Japan?
Adding some bearish
support is weakening
ETF#21-EWZ-Brazil.
It has been meandering in a mild bearish configuration for several months.
It fell below NTI Green yesterday. The stock market bear will be inspired
along the near-term cycle if there is no bullish bounce off of that.
The stock market bear
is having its way this week, but nowhere nearing domination. Too many
attributes offering resistance to its domination.
Near-term, Quick-term, Short-term Indicant Stock Market Details
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 of all eleven major non-contrarian
indices. They are up by an average of 1.0% since their respective bull
signals on Apr 1, 2011. This is annualizing at 10.9%. The Near-term
Indicant is signaling bear for contrarian VIX. It is up 5.7% since the
bear signal on April 1, 2011.
The
Quick-term Indicant is also signaling bear of contrarian VIX. It is up
5.7% since the bear signal on Apr 1, 2011.
The
Quick-term Indicant has been signaling bull for the eleven major
non-contrarian indices for an average of 30.8-weeks. They are up by an
average of 20.1% since their bull signals, annualizing at 33.9%.
Short-term Market
Summary
Eleven non-contrarian Red Bull configurations remain supportive of the
Quick-term bull cycle. Five non-contrarian NTI Blue Bulls offer support in
spite of losing six last Wed-Thu. Interestingly, with mild threat to stock
market bull, was the VIX’s status change to NTI Blue Bull.
Force remains in bullish domains for several indices, but several have
fallen into bearish domains the past two days. However, enough Force
Vectors remain in bullish domains to lend support to the bull. As stated
last week, “the next obstacle to overcome on behalf of the bull is for it
to reside there for several days. Not desired by the stock market bull is
for Force to shift sharply back to the south.” It did the unde