October Quick-term and Short-term Indicant Updates

Oct 30, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 22 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

The Near-term Bull remains under assault by the stock market bear. The Near-term Bull remains in trouble.

Although the Near-term Bull is in trouble, it is 34-weeks old. The average Near-term life cycles approximate 10-14-weeks. This does not mean they are always followed by a reversal cycle. Extended inflections can occur for several days or even weeks ahead of a renewed Near-term bull or bear cycle. The most recent inflection point acquiesced to bullish desires last July. A new inflection period is again forming with several collapsed NTI Blue curves the past two days. The bear is gaining momentum and is configuring to accelerate its ambition until the next Congressional recess.

Congressional harmony on healthcare reform is acting as a lid to bullish market behavior. It is now encouraging the bear. As stated yesterday, Thursday’s bullish behavior did not arrest bearish ambition.

Noise from the U.S. Senate is just noise. However, noise invokes emotion in spite of non-value adding elements to any meaningful conclusion. The evolving emotion is negative and thus invoking bearish stock market behavior. The stock market is now expressing uncertainty. Falling below the Near-term Bearish Green Curve is challenging the bull’s ambition. It is still a stock market bull, but wounded.

Quick-term Red Bulls are declining rapidly and on the verge of offering no bullish support. There are a few remaining that mitigates bearish dominance and sustainability. But those that remain are only fractionally holding their position. Yesterday’s bullish behavior helped out a bit, but the bear attack is not over yet.

Declining Force Vectors may invoke the bear to express mischievousness. You saw that the first three days this past week and again today. As stated last Wednesday, there is one new development; the bear’s behavior is exceeding normal mischievousness. The Near-term and Quick-term attributes continue with bullish trend. Although difficult at times, it is better to not fight the trend. However, bullish trends are under assault. Attributes will advise when the trend is in support of a bear market.

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

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

There are now no Near-term bears among the major indices, including contrarian VIX. By rule, VIX’s Force Vector held in bullish domains for two days and it moved above the Near-term bearish green curve last Wednesday, Oct 28, 2009. Therefore, it received a bull signal, which suggests bear signals for the other indices may be near.

All twelve major indices are up by an average of 15.6%, annualizing at 42.0%, since the NTI signaled bull an average of 19.3-weeks ago. These statistics include contrarian VIX. That will be temporary, as the VIX bull will expire or the major indices’ bulls will expire. Bull signals for both cannot exist too long.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 10.3%, annualizing at 26.6%, since their bull signals an average of 20.3-weeks ago.

The lone bear, VIX, is down 14.4% since its bear signal 28.1-weeks ago. VIX eclipsed bearish yellow last Thursday, technically qualifying for a Quick-term Bull signal. A bit more bearish synergy from the other indices is required.

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

QTI-Red Bulls-A minority of five support bullish bias, but more vulnerable to bear attacks.

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

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

QIT-Yellow Bears-None of the non-contrarian’s exist and thus without any bearish bias. Contrarian VIX is no longer a yellow bear, threatening the overall stock market bull.

NTI-Blue Bulls-Only contrarian VIX, which is bearish for the overall stock market.

NTI-Bullish Blue Curve Trend-Four non-contrarian in bullish trend. This minority position is very weak support for the Near-term Bull.

NTI-Bearish Green Curve- Non-bearish unanimity with 10-of 11-non-contrarian indices in bullish trend. (VIX and DJ Transports are not moving bullishly).

STI-Force Vector-All moving south (bearishly) except contrarian VIX, support short-term bearish bias.

STI-Vector Pressure-Only contrarian VIX is in bullish trend and thus no pressure support for the bull.

Short-term Summary-Overall-As stated last after last Thursday’s phony bullish rally, trend is under increasing threat by the bear. There is no pressure support for the bull on a short-term basis. Declining Force Vectors are somewhat threatening to the bull on a near-term basis. All, except VIX, are now in bearish domains, adding bearish threats. However, four-QTI Red Bulls remain protective of an outright and sustainable bearish assault, but under serious attack by the stock market’s bear.

-Tangential Protection – Sep 1, 2009-Mon-Protection lines were constructed for Dow Transports, Dow Utilities, NASDAQ100, S&P400, and S&P600. These indices will not receive a Near-term bear signal until they fall below those tangential protection lines. The other indices will most likely receive bear signals when they fall below their NTI Green Curves with negatively sloping Vector Pressure. Near-term bear synergy cannot manifest until all indices are receiving a Near-term Bear signal.

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

-Political Climate – Congress in session is bearish, but technical data is overriding at this point, albeit weakening under the noisy threats by the U.S. Senate. Strong bullishness is not likely to return until the next Congressional recess. Force Vectors dipped deeply to the south when Senator Kennedy’s replacement was announced. The stock market does not find sixty Democratic Senators bullish. Fifty-nine was tolerable, but sixty is more threatening to the bull. That threat is now no longer diminished by virtue of the decreasing number of Near-term Indicant Blue Bulls and even more threatening the number of decreasing Quick-term Indicant Red Bulls.

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

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

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

As stated last Wednesday, the NYSE and NASDAQ Indicant Volume Indicators both endured increases in volume, paralleling aggressive stock market bearishness…..”this could be the early stages of robustness. This is increasingly bearish for the stock market.”

As stated last Thursday, volume was non-bullish on bullish aggression, suggesting an emotion-only rally.

As you saw this Friday, Thursday’s bullish rally was fake and bearishness earlier this past week was real. However, the Near-term Bull still has not expired.

As stated in the October 25, 2009 Weekly Stock Market Report, the U.S. Senate is a threat to the bull cycle. This threat is gaining momentum. Although pundits point to other reasons, rest assured the stock market bear is being induced by the U.S. Senate and politicians.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 19-ETF’s. They are up by an average of 17.5%, annualizing at 44.9%, since their buy signals an average of 20.2-weeks ago.

In addition to the sell signals, the NTI is avoiding nine-ETF’s. They are down by an average of 0.9% since their respective sell signals an average of 0.4-weeks ago.

Noise emanating from the U.S. Senate, regarding healthcare reform, remains as a threat to the bull. The bear will delight if that noise is converted into law. The increasing noise from the Senate and the House has proportionately aroused the bear. (As stated yesterday, Thursday’s bullishness can be attributable to emotions attached to unexpected GDP gains). Although the bear is aroused, there remains an absence of bearish synergy. Unfortunately, bullish synergy is weak.

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 an average of 15.9% since their buy signals an average of 22.0-weeks ago. Those with hold signals are annualizing at 37.4%. Although there were no sell signals, the lone avoided ETF, QID, is down by 46.8% since its sell signal on Mar 26, 2009.

Bullish support by Quick-term Red Bulls has waned the past few days. There are 13-Red Bulls providing minority support for bullish bias. There was a loss of eight today. That remains a bit discerning when coupling to the possibility of a public option on healthcare reform.

Near-term Indicant ETF Key Attributes

Three-NTI Blue Bulls; Only one is non-contrarian and thus will very limited bullish support.

13-NTI Blue Curves are sloping north, but 13 lost since last Tue. Several Blue curves collapsed on Oct 28, 2009. This does not always mean a strong bear, but always the first step.

27-NTI Green Curves are sloping north, expressing majority support for non-bearishness. As long as this holds up, the bear cannot dominate.

Quick-term Indicant ETF Key Attributes

13-QTI Red Bulls represent a weak minority, supporting Quick-term bullishness. As long as there is just one non-contrarian Red Bull, the bear cannot dominate with extended sustainability.

29-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

29-QTI Bearish yellow curves are sloping north, highlighting solid non-bearishness. Only contrarian ETF’s, QID and TLT are sloping south. Since both are contrarian, this attribute remains non-bearish.

The Short-term Indicant ETF Key Attributes:

Zero-Force Vectors are in bullish domains, which is non-bullish. (QID is but contrarian).

30-Force Vectors are in bearish domains. As stated yesterday, the bull’s response did not reverse the bearishly mature Force Vectors. The bull has a bit more opportunity to fix this problem, but has been weakened by not doing it sooner.

Two-Vector Pressures in bullish domains, offering very limited support for the bull.

One-Vector Pressure moving in bullish direction. Unfortunately, it is contrarian QID, offering no support for the bull.

Click here to get a quick overview of the regular mutual funds as they stood several months ago. As you can see, many of them are down by double digit percentage points since the Mid-term Indicant signaled sell in late 2007 and in early 2008. The Mid-term Indicant is updated each weekend with a link to the member’s section. Members can click this sentence to get a more recent update. You will notice buy signals the past few weeks for the first time in several months.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled buy for QID on Oct 28, 2009. It is up 1.2% since that buy signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 46.8% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $31.72 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 6.4% since those buy signals, annualizing at 26.2%. This fund had been struggling, but bullish in 19-of the last 37-days. It has been strongly bullish in eleven of the last 20-days, following eight consecutive days of bearish behavior.

ETF#11-Gold and Precious Metals is up 27.1% since the QTI signaled buy on December 11, 2008. Annualized growth is at 30.2%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $90.02 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 14.3% since then, annualizing at 27.2%.

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

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is up 1.1% since that buy signal. It will be difficult for this hold to produce profitability as long as the stock market is bullish.

Major ETF Events

Oct 30, 2009-Fri-Three more sell signals for ETF’s were generated. However, several of the stronger ones held above the Near-term Green curve. The bull/bear battle is now underway.

Oct 29, 2009-Thu-Today’s bullish response to recent bearish aggression suggests bearish synergy will have some difficulty manifesting. However, recent bearish aggression has challenged bullish synergy.

Oct 28, 2009-Wed-Several Near-term Indicant sell signals generated today. The Near-term Bullish Blue Curve collapsed today for the Dow Transports, Dow Utilities, S&P400-Midcaps, and S&P600-Small Caps. All of those indices are below Near-term Bearish Green Curve with the exception of the S&P400. The bull is in trouble. Although it has not expired, the assault by the bear appears to be a major offensive. The bear’s ambition is paralleling noise from the U.S. Senate on healthcare reform with a public option.

Oct 27, 2009-Tue-Only one Near-term Blue Bull remains. The loss can be attributable to noise emanating from the U.S. Senate.

Current Strategy-Short-term Indicant-Oct 30, 2009-Although the bull remains in tact, several bullish attributes are nearing a shift in their support of the bear. Do not be surprised at increasing volatility the next few days. Oct 29, 2009-The bull remains in tact and the only fundamental issue at this time is Congressional consideration of a public option on healthcare reform. If passed, the bear will be aroused. Oct 27, 2009-The massive loss of Near-term Blue Bulls is a bit discerning. Although bull remains in tact, the bear is mounting an attack. Oct 26, 2009-Bearishly mature Force Vectors should invite the bull to snort a bit louder. There is no serious bearish threat at this time. Internationally, economic fundamentals are improving.

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

10/30/09

Oct 29, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 21 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

The Near-term Bull remains under assault by the stock market bear. Several Near-term sell signals occurred today due to Force Vectors falling into bearish domains, declining Vector Pressure, and zero Blue Bulls. The Near-term Bull remains in trouble.

Although the Near-term Bull is in trouble, it is 33-weeks old. The average Near-term life cycles approximate 10-14-weeks. This does not mean they are always followed by a reversal cycle. Extended inflections can occur for several days or even weeks ahead of a renewed Near-term bull or bear cycle. The most recent inflection point acquiesced to bullish desires last July. A new inflection period is again forming with several collapsed NTI Blue curves today. The bear is gaining momentum and is configuring to accelerate its ambition until the next Congressional recess.

Congressional harmony on healthcare reform is acting as a lid to bullish market behavior. It is now encouraging the bear. Today’s bullish behavior did not arrest bearish ambition.

Quick-term Red Bulls are declining rapidly and on the verge of offering no bullish support. There are a few remaining that mitigates bearish dominance and sustainability. But those that remain are only fractionally holding their position. Today’s bullish behavior helped out a bit, but the bear attack is not over yet.

Declining Force Vectors may invoke the bear to express mischievousness. You saw that the first three days this week. There is one new development; the bear’s behavior is exceeding normal mischievousness. The Near-term and Quick-term attributes continue with bullish trend. Although difficult at times, it is better to not fight the trend. However, bullish trends are under assault. Attributes will advise when the trend is in support of a bear market.

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

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

There are now no Near-term bears among the major indices, including contrarian VIX. By rule, VIX’s Force Vector held in bullish domains for two days and it moved above the Near-term bearish green curve yesterday. Therefore, it received a bull signal, which suggests bear signals for the other indices may be near.

All twelve major indices are up by an average of 16.6%, annualizing at 45.2%, since the NTI signaled bull an average of 19.1-weeks ago. These statistics include VIX, which was down on today’s bullish aggression.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 13.3%, annualizing at 34.4%, since their bull signals an average of 20.1-weeks ago.

The lone bear, VIX, is down 31.0% since its bear signal 28.0-weeks ago. VIX did not find comfort in losing its Yellow Bear potential yesterday, but it should eclipse bearish yellow again in a few days. The remaining indices remain unsupportive of signaling bull for VIX. There should be some fluttering in the next few days and once complete, directional intensity should be more obviating.

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

QTI-Red Bulls-A majority of eight support bullish bias. (Lost three since Oct 26, 2009).

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

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

QIT-Yellow Bears-None of the non-contrarian’s exist and thus without any bearish bias. Contrarian VIX is again a Yellow Bear, but configurations suggest this is temporary.

NTI-Blue Bulls-There are two Blue Bulls (DJU and SP400) in addition to contrarian VIX.

NTI-Bullish Blue Curve Trend-Near-term bullishness with majority of seven non-contrarian, but five were lost yesterday, offering reduced confidence in the Near-term Bull.

NTI-Bearish Green Curve- Non-bearish unanimity with 11-of 11-non-contrarian indices in bullish trend. (Only VIX is not yet moving bullishly).

STI-Force Vector-All moving south (bearishly) except contrarian VIX.

STI-Vector Pressure-Only contrarian VIX is in bullish trend and thus no pressure support for the bull.

Short-term Summary-Overall-Trend is under increasing threat by the bear. There is no pressure support for the bull on a short-term basis. Declining Force Vectors are somewhat threatening to the bull on a near-term basis. All, except VIX, are now in bearish domains, adding bearish threats. However, the six-QTI Red Bulls remain protective of an outright and sustainable bearish assault, but under serious attack by the stock market’s bear.

The NYSE and NASDAQ Indicant Volume Indicators both endured increases in volume, paralleling yesterday’s aggressive stock market bearishness. You will notice the volume indicators are now rising. Although embryonic, this could be the early stages of robustness. This is increasingly bearish for the stock market. Today’s volume was non-bullish on bullish aggression, suggesting an emotion-only rally. The market may have overreacted to GNP news. Motorola’s favorable earnings, rest assured, is a fluke. Although Motorola’s products may have some appeal, the organization’s ability to produce related profits and cash flow is muted.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 21-ETF’s. They are up by an average of 18.4%, annualizing at 49.9%, since their buy signals an average of 19.1-weeks ago.

Although there were no sell signals, the NTI is avoiding nine-ETF’s. They are up by an average of 2.0% since their respective sell signals an average of 0.2-weeks ago.

Noise emanating from the U.S. Senate, regarding healthcare reform, remains as a threat to the bull. The bear will delight if that noise is converted into law. The increasing noise from the Senate has proportionately aroused the bear. (Today’s bullishness can be attributable to emotions attached to unexpected GDP gains). Although the bear is aroused, there remains an absence of bearish synergy.

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 an average of 19.0% since their buy signals an average of 21.9-weeks ago. Those with hold signals are annualizing at 45.1%. Although there were no sell signals, the lone avoided ETF, QID, is down by 49.4% since its sell signal on Mar 26, 2009.

Bullish support by Quick-term Red Bulls has waned the past few days. There are twenty-one red bulls providing weak majority support for bullish bias. There was a gain of five today, but the fluttering around Red is a bit discerning when coupling to the possibility of a public option on healthcare reform.

Near-term Indicant ETF Key Attributes

Nine-NTI Blue Bulls; Seven gained today, but still a minority.

17-NTI Blue Curves are sloping north, but 9 lost since last Tue. Several Blue curves collapsed on Oct 28, 2009. This does not always mean a strong bear, but always the first step.

27-NTI Green Curves are sloping north, expressing majority support for non-bearishness. As long as this hold up, the bear cannot dominate.

Quick-term Indicant ETF Key Attributes

21-QTI Red Bulls represent a weak majority supporting Quick-term bullishness.

30-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

The Short-term Indicant ETF Key Attributes:

Zero-Force Vectors are in bullish domains, which is non-bullish.

30-Force Vectors are in bearish domains. The bull finally responded today, but did not reverse the bearishly mature Force Vectors. The bull has a bit more opportunity to fix this problem, but has been weakened by not doing it sooner.

Two-Vector Pressures in bullish domains, offering very limited support for the bull.

One-Vector Pressure moving in bullish direction. Unfortunately, it is contrarian QID, offering no support for the bull.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled buy for QID yesterday. It is down 3.2% since that buy signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 49.4% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $31.82 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 10.6% since those buy signals, annualizing at 43.9%. This fund had been struggling, but bullish in 19-of the last 36-days. It has been strongly bullish in eleven of the last 19-days, following eight consecutive days of bearish behavior. It remains configured as a strong Red Bull.

ETF#11-Gold and Precious Metals is up 27.3% since the QTI signaled buy on December 11, 2008. Annualized growth is at 30.6%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $89.91 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 14.5% since then, annualizing at 27.7%.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is down 0.3% since that buy signal. It will be difficult for this hold to produce profitability as long as the stock market is bullish. It was solidly bearish (and contrarian) on stock market bullish today.

Major ETF Events

Oct 27, 2009-Tue-Only one Near-term Blue Bull remains. The loss can be attributable to noise emanating from the U.S. Senate.

Current Strategy-Short-term Indicant-Oct 29, 2009-The bull remains in tact and the only fundamental issue at this time is Congressional consideration of a public option on healthcare reform. If passed, the bear will be aroused. Oct 27, 2009-The massive loss of Near-term Blue Bulls is a bit discerning. Although bull remains in tact, the bear is mounting an attack. Oct 26, 2009-Bearishly mature Force Vectors should invite the bull to snort a bit louder. There is no serious bearish threat at this time. Internationally, economic fundamentals are improving.

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

10/29/09

Oct 28, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 20 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

The Near-term Bull is under major assault by the stock market bear. Several Near-term sell signals occurred today due to Force Vectors falling into bearish domains, declining Vector Pressure, and zero Blue Bulls. The Near-term Bull is in trouble.

Declining Force Vectors may invoke the bear to express mischievousness. You saw that the past three days. There is one new development; the bear’s behavior is exceeding normal mischievousness. The Near-term and Quick-term attributes continue with bullish trend. Although difficult at times, it is better to not fight the trend. However, bullish trends are under assault. Attributes will advise when the trend is in support of a bear market.

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

The Near-term Indicant signaled one new bull and no new bears.

There are now no Near-term bears among the major indices, including contrarian VIX. By rule, VIX’s Force Vector held in bullish domains for two days and it moved above the Near-term bearish green curve today. Therefore, it received a bull signal, which suggests bear signals for the other indices may be near.

The remaining eleven major indices are up by an average of 16.9%, annualizing at 42.3%, since the NTI signaled bull an average of 20.7-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 11.1%, annualizing at 29.0%, since their bull signals an average of 20.0-weeks ago.

The lone bear, VIX, is down 22.4% since its bear signal 27.9-weeks ago. VIX is now qualifying for a QTI Bull signal, as it crossed above bearish yellow today. The remaining indices are not supportive, yet, of signaling bull for VIX. There should be some fluttering in the next few days and once complete, directional intensity should be more obviating.

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

QTI-Red Bulls-A minority of six support bullish bias. (Lost five since Oct 26, 2009).

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

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

QIT-Yellow Bears-None of the non-contrarian’s exist and thus without any bearish bias. Unfortunately, contrarian VIX is no longer a yellow bear, conflicting with a bull stock market.

NTI-Blue Bulls-Only contrarian VIX is a Blue Bull and a major threat to the Near-term Indicant’s stock market bull.

NTI-Bullish Blue Curve Trend-Near-term bullishness with majority of seven non-contrarian, but five were lost today, offering little confidence in the Near-term Bull.

NTI-Bearish Green Curve- Non-bearish unanimity with 11-of 11-non-contrarian indices in bullish trend. (Only VIX is not yet moving bullishly).

STI-Force Vector-All moving south (bearishly) except contrarian VIX.

STI-Vector Pressure-Not one in bullish trend and thus no pressure support for the bull.

The NYSE and NASDAQ Indicant Volume Indicators both endured increases in volume, paralleling aggressive stock market bearishness. You will notice the volume indicators are now rising. Although embryonic, this could be the early stages of robustness. This is increasingly bearish for the stock market.

Short-term ETF Report Card, Status, and Charts

The Near-term Indicant generated one buy signal and eight sell signals.

In addition to the buy signal, the Near-term Indicant is signaling hold for 21-ETF’s. They are up by an average of 16.8%, annualizing at 43.9%, since their buy signals an average of 19.9-weeks ago.

In addition to the sell signals, the NTI is avoiding one ETF, IBB. It is down 4.4% since the sell signal on Oct 23, 2009.

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 an average of 16.2% since their buy signals an average of 21.7-weeks ago. Those with hold signals are annualizing at 38.8%. Although there were no sell signals, the lone avoided ETF, QID, is down by 47.8% since its sell signal on Mar 26, 2009.

Bullish support by Quick-term Red Bulls has waned the past two days. There are now only sixteen red bulls providing weak majority support for bullish bias.

Near-term Indicant ETF Key Attributes

Two-NTI Blue Bulls; This offers little resistance to bearish ambition.

16-NTI Blue Curves are sloping north, but 10 lost today. Several Blue curves collapsed today.

27-NTI Green Curves are sloping north, expressing majority support for non-bearishness. As long as this hold up, the bear cannot dominate, but it can inflict more damage to the bull.

Quick-term Indicant ETF Key Attributes

16-QTI Red Bulls represent a weak majority supporting Quick-term bullishness.

30-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

30-QTI Bearish yellow curves are sloping north, highlighting solid non-bearishness. Only contrarian QID is sloping south.

The Short-term Indicant ETF Key Attributes:

Zero-Force Vectors are in bullish domains, which is non-bullish.

28-Force Vectors are in bearish domains. The bull did not respond today and thus at risk of expiring.

Three-Vector Pressures in bullish domains, offering very limited support for the bull.

Zero-Vector Pressures are moving in a bullish direction offering no support for the bull. Cycle is mature, but declining Vector Pressure is depressing bullish motives.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled buy for QID today.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 47.8% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $31.93 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 7.7% since those buy signals, annualizing at 32.4%. This fund had been struggling, but bullish in 18-of the last 35-days. It has been strongly bullish in ten of the last 18-days, following eight consecutive days of bearish behavior. Surprisingly, today’s bearishness wiped out half of the Near-term Indicant gains since August 3. However, it remains configured as a strong Red Bull.

ETF#11-Gold and Precious Metals is up 24.9% since the QTI signaled buy on December 11, 2008. Annualized growth is at 27.9%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $89.80 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 12.3% since then, annualizing at 23.6%.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is up 0.8% since that buy signal, annualizing at 3.8%. It will be difficult for this hold to produce profitability as long as the stock market is bullish. It was solidly bullish (and contrarian) on stock market bearishness the past two days.

Major ETF Events

Oct 27, 2009-Tue-Only one Near-term Blue Bull remains. The loss can be attributable to noise emanating from the U.S. Senate.

Current Strategy-Short-term Indicant-Oct 27, 2009-The massive loss of Near-term Blue Bulls is a bit discerning. Although bull remains in tact, the bear is mounting an attack. Oct 26, 2009-Bearishly mature Force Vectors should invite the bull to snort a bit louder. There is no serious bearish threat at this time. Internationally, economic fundamentals are improving.

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

10/28/09

Oct 27, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 19 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

The rapid loss of Near-term Blue Bulls the past three days suggests the Blue Dog Democrats are acquiescing to political pressure, as opposed to supporting principle. The loss of blue bulls correlates with the noise level emanating from the Senate on healthcare reform. Congressional interference with free market forces will devastate this bull and fulfill reverse tangential projections of deep bearish behavior for the stock market.

The Near-term Bull is 33-weeks old. The average Near-term life cycles approximate 10-14-weeks. This does not mean they are always followed by a reversal cycle. Extended inflections can occur for several days or even weeks ahead of a renewed Near-term bull or bear cycle. The most recent inflection point acquiesced to bullish desires last July. A new inflection period could be forming with three collapsed NTI Blue curves in the past few weeks. The bear could gain momentum until the next Congressional recess. Congressional harmony on healthcare reform is acting as a lid to bullish market behavior. It is now encouraging the bear.

However, the noise from the U.S. Senate is just noise. The stock market is now expressing uncertainty and without solid directional intensity. There are a few obstacles for the bear to overcome, though, and until they do, the Near-term Bull remains in tact.

Quick-term Red Bulls are not to be argued with. Until Quick-term Red Bulls expire, this bull should be considered a thoroughbred. Unfortunately, this is no longer supported on a near-term basis as Near-term Blue Bulls have vanished. However, the Near-term Bull has not yet expired.

Declining Force Vectors may invoke the bear to express mischievousness. You saw that the past two days. The Near-term and Quick-term attributes continue with bullish trend. Although difficult at times, it is better to not fight the trend. Attributes will advise when the trend in support of a bear market.

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

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

Contrarian VIX is the lone Near-term Bear. It is up 6.1% since the bear signal 6.7-weeks ago. As expected, it was bearish in eleven of the most recent 16-days, until the past two days. As expected, it enjoyed a bullish bounce the past two days. If the overall market garnished a bit more bearish synergy, the NTI would signal bull for VIX. However, too many Red Bulls prohibit this action.

The remaining eleven major indices are up by an average of 19.4%, annualizing at 49.0%, since the NTI signaled bull an average of 20.6-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 13.5%, annualizing at 35.4%, since their bull signals an average of 19.8-weeks ago.

The lone bear, VIX, is down 30.4% since its bear signal 27.7-weeks ago. It will not receive a Quick-term Bull signal until it crosses above bearish yellow curve.

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

QTI-Red Bulls-A majority of nine support bullish bias. (Lost two on Oct 26, 2009).

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

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

QIT-Yellow Bears-None of the non-contrarian’s exist and thus without any bearish bias. Contrarian VIX is the only Yellow Bear. It is again making a valiant attempt to rid itself of this pitiful configuration. However, playing this is against trend, albeit a weakening trend.

NTI-Blue Bulls-A minority of two is not that supportive; one of them is contrarian VIX.

NTI-Bullish Blue Curve Trend-Near-term bullish unanimity with eleven of 11-non-contrarian indices in bullish trend, supporting bullish bias; Contrarian VIX NTI Blue collapsed several days ago, but recovered and also moving to the north.

NTI-Bearish Green Curve- Non-bearish unanimity with 11-of 11-non-contrarian indices in bullish trend. (Only VIX is not yet moving bullishly).

STI-Force Vector-All moving south (bearishly).

STI-Vector Pressure-Not one in bullish trend and thus no pressure support for the bull.

Short-term Summary-Overall-Trend is under a mild threat. There is no pressure support for the bull on a short-term basis. Declining Force Vectors are somewhat threatening to the bull on a near-term basis. Six are now in bearish domains, adding bearish threats. However, the 9-QTI Red Bulls remain protective of an outright and sustainable bearish assault.

-Political Climate – Congress in session is bearish, but technical data is overriding at this point. Strong bullishness not likely to return until the next Congressional recess. Force Vectors dipped deeply to the south when Senator Kennedy’s replacement was announced. The stock market does not find sixty Democratic Senators bullish. Fifty-nine was tolerable, but sixty is more threatening to the bull. That threat is now diminished by virtue of the high number of Near-term Blue Bulls.

As stated for several weeks, the NYSE and NASDAQ Indicant Volume Indicators continue configuring without potential robustness. They continue shifting lethargically. As stated the past several weeks, configurations suggest limited support for bullish or bearish behavior. This favors the prevailing bullish direction. The heart and soul of bullish seasonality can provide bullishness without robust volume. From a calendar perspective, the heart and soul of bullish seasonality is now underway.

As stated in the October 25, 2009 Weekly Stock Market Report, the U.S. Senate is a threat to the bull cycle. This threat is gaining momentum.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 16.3%, annualizing at 47.6%, since their buy signals an average of 17.8-weeks ago. Although there were no sell signals, the NTI is avoiding two ETF’s; contrarian QID, which is down 15.9% since its July 23, 2009 sell signal and non-contrarian IBB, which is down 1.3% since its sell signal last Friday.

Noise emanating from the U.S. Senate, regarding healthcare reform, remains as a threat to the bull. The bear will delight if that noise is converted into law.

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 an average of 19.3% since their buy signals an average of 21.6-weeks ago. Those with hold signals are annualizing at 46.4%. Although there were no sell signals, the lone avoided ETF, QID, is down by 50.0% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 74-trading days ago to 25-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

Vector Pressure in bullish domains is also a bear depressant. There are seven-ETF’s with this bullish and non-bearish configuration. There remains no dynamic bearish threat with sustainable duration at this time. However, this attribute continues weakening in support of the bull. It is now with minority support of the bull, losing majority support several days ago. The falling, but maturing, Force Vectors suggest diminishing bearish threats. However, those Force Vectors need to arrest their descent with a bullish bounce. If they do not, the bear will be encouraged.

Near-term Indicant ETF Key Attributes

Only one-NTI Blue Bull; Lost 18-the past three trading days. Minority position offers Near-term bullish support, but very weak.

26-NTI Blue Curves are sloping north and providing majority bullish support.

27-NTI Green Curves are sloping north, expressing majority support for non-bearishness.

Quick-term Indicant ETF Key Attributes

25-QTI Red Bulls represent a solid majority supporting Quick-term bullishness.

30-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

30-QTI Bearish yellow curves are sloping north, highlighting solid non-bearishness. Only contrarian QID is sloping south.

The Short-term Indicant ETF Key Attributes:

Zero-Force Vectors are in bullish domains, which is non-bullish.

18-Force Vectors are in bearish domains. If the bull does not respond, the historical tendency is acquiescence to bearish desires.

Seven-Vector Pressures in bullish domains, offering minority support of bullish bias. Majority support was lost Oct 2, 2009. Bullish support is weakening.

Four-Vector Pressures are moving in a bullish direction with minority support of the bull. Gained 11-on Oct 14, 2009; lost 21 from bullish trend the past four trading days.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 15.9% since that sell signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 50.0% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $32.03 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 11.4% since those buy signals, annualizing at 48.4%. This fund had been struggling, but bullish in 18-of the last 34-days. It has been strongly bullish in ten of the last 17-days, following eight consecutive days of bearish behavior. As expected, it was strongly bullish today.

ETF#11-Gold and Precious Metals is up 26.3% since the QTI signaled buy on December 11, 2008. Annualized growth is at 29.6%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $89.69 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 13.5% since then, annualizing at 26.2%.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is up 0.3% since that buy signal. It will be difficult for this hold to produce profitability as long as the stock market is bullish. It was solidly bullish (and contrarian) on today’s stock market bearishness.

Major ETF Events

Oct 27, 2009-Tue-Only one Near-term Blue Bull remains. The loss can be attributable to noise emanating from the U.S. Senate.

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

10/27/09

Oct 26, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 18 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

There is nothing different; one must guard against boredom. As stated for several days, overall configurations continue suggesting the bear cannot dominate at this time. Some indications of bullish fatigue continue with their assertions. Force Vectors are now directionally bearish and thus supporting the bear’s ambition. But again, there is no sustainable or deep threats configuring by the bear at this time. ETF #10-IBB fell below NTI Green and Force Vector penetrated bearish domains last Wednesday. The Near-term Indicant was forced to signal sell on Friday after the market’s close.

Quick-term Red Bulls are not to be argued with. Until Quick-term Red Bulls expire, this bull should be considered a thoroughbred. This is supported on a near-term basis as Near-term Blue Bulls continue in their support. The Near-term Blue Bulls reasserted their dominance with recent bullish aggression. It will be interesting to see if bearishly moving Force Vectors do not excite the bear on a Short-term basis. There was a bit of such excitement last Friday and today. Congressional behavior and political noise may delay the heart and soul of bullish seasonality over the next few weeks.

Declining Force Vectors may invoke the bear to express mischievousness. You saw some of that today. The Near-term and Quick-term attributes continue with bullish trend. Although difficult at times, it is better to not fight the trend. The only new problem is the Short-term’s Vector Pressure is declining, but still in near proximity to bullish domains and thus with minimal bearish threats.

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

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

Contrarian VIX is the lone Near-term Bear. It is up 4.0% since the bear signal 6.6-weeks ago. As expected, it was bearish in eleven of the most recent 15-days, until today. As stated the past few days, its Force Vector is bearishly mature, suggesting a potential bullish bounce, which occurred. As stated last week, it should be bullish over the next few days, while the market should be a bit bearish. VIX was up by nearly 10% today, crossing above NTI Blue. If the overall market garnished a bit more bearish synergy, the NTI would signal bull for VIX. However, too many Red Bulls prohibit this action.

The remaining eleven major indices are up by an average of 20.4%, annualizing at 51.8%, since the NTI signaled bull an average of 20.4-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 14.4%, annualizing at 38.1%, since their bull signals an average of 19.7-weeks ago.

The lone bear, VIX, is down 31.8% since its bear signal 27.6-weeks ago. It will not receive a Quick-term Bull signal until it crosses above bearish yellow curve.

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

QTI-Red Bulls-A majority of nine support bullish bias. (Lost two today).

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

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

NTI-Blue Bulls-A minority of two is not that supportive; one of them is contrarian VIX.

NTI-Bearish Green Curve- Non-bearish unanimity with 11-of 11-non-contrarian indices in bullish trend. (Only VIX is not yet moving bullishly).

STI-Vector Pressure-Not one in bullish trend and thus no pressure support for the bull.

Short-term Summary-Overall-Trend is under a mild threat. There is no pressure support for the bull on a short-term basis. However, the 9-QTI Red Bulls remain protective of an outright bearish assault.

As stated in the October 25, 2009 Weekly Stock Market Report, the U.S. Senate is a threat to the bull cycle.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 17.2%, annualizing at 50.7%, since their buy signals an average of 17.7-weeks ago. Although there were no sell signals, the NTI is avoiding two ETF’s; contrarian QID, which is down 18.2% since its July 23, 2009 sell signal and non-contrarian IBB, which is down 1.2% since its sell signal last Friday. Although IBB received a sell signal, it is poised for an immediate bullish bounce. The problem last Friday was its pitifully weak configuration, suggesting excessive risk in continued holding. There is also fundamental support for this pitiful configuration that correlates to noise emanating from the U.S. Senate, regarding healthcare reform. The capital markets have zero confidence in the efficient application and use of money through the Ponzi Schemers and money launderers in Washington, D.C.

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 an average of 20.2% since their buy signals an average of 21.5-weeks ago. Those with hold signals are annualizing at 49.0%. Although there were no sell signals, the lone avoided ETF, QID, is down by 51.3% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 73-trading days ago to 26-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

Vector Pressure in bullish domains is also a bear depressant. There are nine-ETF’s with this bullish and non-bearish configuration. There remains no dynamic bearish threat with sustainable duration at this time. However, this attribute continues weakening in support of the bull. It is now with minority support of the bull, losing majority support several days ago. The falling, but maturing, Force Vectors suggest diminishing bearish threats.

Near-term Indicant ETF Key Attributes

Four-NTI Blue Bulls; Lost 15-the past two trading days. Minority position offers Near-term bullish support, but very weak. This usually invigorates the bull.

27-NTI Blue Curves are sloping north and providing majority bullish support.

27-NTI Green Curves are sloping north, expressing majority support for continued non-bearishness.

Quick-term Indicant ETF Key Attributes

26-QTI Red Bulls represent a solid majority supporting Quick-term bullishness.

30-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

30-QTI Bearish yellow curves are sloping north, highlighting solid non-bearishness. Only contrarian QID is sloping south.

The Short-term Indicant ETF Key Attributes:

One-Force Vector in bullish domains, but most are bearishly mature, suggesting increased potential for the bull to respond.

Nine-Force Vectors are in bearish domains. If the bull does not respond, the historical tendency is acquiescence to bearish desires.

Nine-Vector Pressures in bullish domains, offering minority support of bullish bias. Majority support was lost Oct 2, 2009. This remains, solidly non-bearish with mild support for the bull.

Eight-Vector Pressures are moving in a bullish direction with minority support of the bull. Gained 11-on Oct 14, 2009; lost 17 from bullish trend the past three trading days.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 18.2% since that sell signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 51.3% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $32.13 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 10.4% since those buy signals, annualizing at 44.7%. This fund had been struggling, but bullish in 17-of the last 33-days. It has been strongly bullish in nine of the last 16-days, following eight consecutive days of bearish behavior. It’s behavior has recently been inverse to dollar’s strength. It was strongly bearish the past two days, but configured with potential for a solid bullish bounce in the next few days.

ETF#11-Gold and Precious Metals is up 26.3% since the QTI signaled buy on December 11, 2008. Annualized growth is at 29.7%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $89.57 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 13.5% since then, annualizing at 29.7%.

It is a QTI Red Bull and a NTI Blue Bull. That suggests a real safe holding position.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is down 1.1% since that buy signal. It will be difficult for this hold to produce profitability as long as the stock market is bullish. It was not contrarian on today’s bearish stock market and rebounding dollar.

Major ETF Events

Oct 26, 2009-Mon-

Current Strategy-Short-term Indicant-Oct 26, 2009-Bearishly mature Force Vectors should invite the bull to snort a bit louder. There is no serious bearish threat at this time. Internationally, economic fundamentals are improving.

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

10/26/09

Oct 23, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 17 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

Overall configurations continue suggesting the bear cannot dominate at this time. Some indications of bullish fatigue continue with their assertions. Force Vectors are now directionally bearish and thus supporting the bear’s ambition. But again, there is no sustainable or deep threats configuring by the bear at this time. ETF #10-IBB fell below NTI Green and Force Vector penetrated bearish domains last Wednesday. The Near-term Indicant was forced to signal sell on Friday after the market’s close.

The Near-term Bull is 33-weeks old. The average Near-term life cycles approximate 10-14-weeks. This does not mean they are always followed by a reversal cycle. Extended inflections can occur for several days or even weeks ahead of a renewed Near-term bull or bear cycle. The most recent inflection point acquiesced to bullish desires. A new inflection period could be forming with three collapsed NTI Blue curves in the past few weeks. The bear could gain momentum until the next Congressional recess. Congressional harmony on healthcare reform is acting as a lid to bullish market behavior.

Quick-term Red Bulls are not to be argued with. Until Quick-term Red Bulls expire, this bull should be considered a thoroughbred. This is supported on a near-term basis as Near-term Blue Bulls continue in their support. The Near-term Blue Bulls reasserted their dominance with recent bullish aggression. It will be interesting to see if bearishly moving Force Vectors do not excite the bear on a Short-term basis. There was a bit of such excitement on Friday. Congressional behavior may delay the heart and soul of bullish seasonality over the next few weeks.

Declining Force Vectors may invoke the bear to express mischievousness. You saw some of that today. The Near-term, Quick-term, and Short-term attributes continue with bullish trend. Although difficult at times, it is better to not fight the trend.

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

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

Contrarian VIX is the lone Near-term Bear. It is down 5.1% since the bear signal 6.1-weeks ago. As expected, it was bearish in eleven of the most recent 14-days, until day. As stated the past few days, its Force Vector is bearishly mature, suggesting a potential bullish bounce, which occurred. It should be bullish over the next few days, while the market should be a bit bearish.

The remaining eleven major indices are up by an average of 21.6%, annualizing at 56.1%, since the NTI signaled bull an average of 20.0-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 15.6%, annualizing at 42.0%, since their bull signals an average of 19.3-weeks ago.

The lone bear, VIX, is down 37.8% since its bear signal 27.1-weeks ago. It will not receive a Quick-term Bull signal until it crosses above bearish yellow curve.

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

QTI-Red Bulls-A majority of eleven support bullish bias.

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

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

QIT-Yellow Bears-None of the non-contrarian’s exist and thus without any bearish bias. Contrarian VIX is the only Yellow Bear. Its valiant attempt to rid itself of this pitiful configuration appears to be failing, but remains positioned for a bullish bounce. However, playing this is against trend.

NTI-Blue Bulls-Only four exist, which is now a minority of non-contrarian Blue Bulls supporting Near-term bullish bias. (Several Blue Bulls were lost today).

NTI-Bullish Blue Curve Trend-Near-term bullish unanimity with eleven of 11-non-contrarian indices in bullish trend, supporting bullish bias; Contrarian VIX NTI Blue collapsed two weeks ago and has not recovered, but attempting to mount a bullish charge.

NTI-Bearish Green Curve- Non-bearish majority with 10-of 11-non-contrarian indices in bullish trend. (Dow Utilities not in bullish trend).

STI-Vector Pressure-Mild bullish configuration with only five of 11-non-contrarian indices in bullish trend. (Five shifted bearishly today).

Short-term Summary-Overall-The five primary trends, Blue, Green, Red, Yellow, and Vector Pressure are bullish and the trend should not be argued with. The Near-term Bullish Blue is weakening though.

As stated for several weeks, the NYSE and NASDAQ Indicant Volume Indicators continue configuring without potential robustness. They continue shifting lethargically. As stated the past several weeks, current configurations suggest limited support for bullish or bearish behavior. This favors the prevailing bullish direction. The heart and soul of bullish seasonality can provide bullishness without robust volume. From a calendar perspective, the heart and soul of bullish seasonality is now underway.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 29-ETF’s. They are up by an average of 18.5%, annualizing at 55.7%, since their buy signals an average of 17.2-weeks ago. In addition to the sell signal of ETF#10-IBB, the NTI is avoiding one ETF; contrarian QID. It is down 18.9% since its sell signal 13.1-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 an average of 21.5% since their buy signals an average of 21.0-weeks ago. Those with hold signals are annualizing at 53.2%. Although there were no sell signals, the lone avoided ETF, QID, is down by 53.2% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 72-trading days ago to 27-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

Vector Pressure in bullish domains is also a bear depressant. There are nine-ETF’s with this bullish and non-bearish configuration. There remains no dynamic bearish threat with sustainable duration at this time. However, this attribute continues weakening in support of the bull. It is now with minority support of the bull, losing majority support several days ago. This is a bit discerning since Force Vectors are gaining crispness on their southerly movement.

Near-term Indicant ETF Key Attributes

11-NTI Blue Bulls; Lost eight today and now a minority position offers Near-term bullish support.

28-NTI Blue Curves are sloping north and providing majority bullish support.

26-NTI Green Curves are sloping north, expressing majority support for continued non-bearishness.

Quick-term Indicant ETF Key Attributes

27-QTI Red Bulls represent a solid majority supporting Quick-term bullishness.

30-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

30-QTI Bearish yellow curves are sloping north, highlighting solid non-bearishness. Only contrarian QID is sloping south.

The Short-term Indicant ETF Key Attributes:

Four-Force Vectors in bullish domains but cycle is bullishly mature, offering the bear an opportunity to respond. (18-fell from bullish domains the past three days, adding to the bear’s ambition).

Two-Force Vectors are in bearish domains and thus non-threatening to the bull, but that threat is increasing just a bit with a new penetration into bearish domains today.

Nine-Vector Pressures in bullish domains, offering minority support of bullish bias. Majority support was lost Oct 2, 2009.

18-Vector Pressures are moving in a bullish direction with majority support of the bull. Gained 11-on Oct 14, 2009; lost seven from bullish trend the past two days.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 18.9% since that sell signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 51.8% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $32.23 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 12.3% since those buy signals, annualizing at 54.6%. This fund had been struggling, but bullish in 17-of the last 32-days. It has been strongly bullish in nine of the last 15-days, following eight consecutive days of bearish behavior. It’s behavior has recently been inverse to dollar’s strength. It should move inversely with TLT, which is bullish on strong dollar days. It was strongly bearish this Friday.

ETF#11-Gold and Precious Metals is up 28.3% since the QTI signaled buy on December 11, 2008. Annualized growth is at 30.4%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $89.45 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 15.3% since then, annualizing at 30.4%.

It is a QTI Red Bull and a NTI Blue Bull. That suggests a real safe holding position.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is up 0.2% since that buy signal, annualizing at 1.2%. It will be difficult for this hold to produce profitability as long as the stock market is bullish.

Major ETF Events

Oct 23, 2009-Fri-Healthcare reform is again gaining momentum in the Senate. With that, ETF#10-IBB has been excessively bearish and thus triggering the Near-term Indicant to signal sell on Friday.

Oct 22, 2009-Thu-Five ETF Force Vectors fell below bullish domains suggesting the bull is preparing to rest. Additionally nine Force Vectors pierced Vector Pressure adding to the bull’s resting prognosis. Five Vector Pressures shifted south due to this Force Vector piercing.

Oct 21, 2009-Wed-ETF#10 IBB fell below NTI Green. Do not be surprised at other ETF’s following suit. However, there is not enough bearish synergy to overcome the bull at this time.

Oct 20, 2009-Tue-S&P600 Index lost Blue Bull status. It is the only major index with that condition and thus non-threatening.

Oct 19, 2009-Mon-Contrarian VIX and TLT were both bullish on stock market bullishness. That non-contrarian behavior for contrarian ETF’s offers the bear an opportunity to at least be heard. However, there remains no significant bearish threat.

Current Strategy-Short-term Indicant-Oct 23, 2009-Although the trend remains bullish for the stock market, do not be surprised at a correction to bearish green until the next Congressional recess. Oct 22, 2009-Bullish Near-term, Quick-term, and Short-term trend lines remain in tact. Do not fight the trend. With the exception of VIX, Force Vectors moving south, but a few remain in bullish domains, and thus with limited threat to the bull. Oct 21, 2009-Wed-Bullish trend remains in tact. There is a bit of trouble, though, with ETF#10-IBB-NTI Bullish Blue Curve collapsing. It is now qualified as a NTI-Green Bear. However, there is no sell signal since the market is absent of any bearish synergy. Oct 20, 2009-Tue-Same as yesterday, but VIX’s Force Vector is again rising, offering the bear a bit of hope. Keep in mind, though, the near-term, quick-term, and short-term trends are bullish. Oct 19, 2009-Mon-Too many attributes are trending bullishly and thus no reason to anticipate any strong or sustainable bearish behavior.

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

10/23/09

Oct 22, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 16 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

Overall configurations continue suggesting the bear cannot dominate at this time. Some indications of bullish fatigue continue with their assertions. Force Vectors are bullishly mature, offering the bear a chance to respond. But again, there is no sustainable or deep threats configuring by the bear at this time. ETF #10-IBB fell below NTI Green and Force Vector penetrated bearish domains yesterday. This could be the beginning of bullish laziness, but no where near expiring.

The Near-term Bull is 32-weeks old. The average Near-term life cycles approximate 10-14-weeks. This does not mean they are always followed by a reversal cycle. Extended inflections can occur for several days or even weeks ahead of a renewed Near-term bull or bear cycle. The most recent inflection point acquiesced to bullish desires. A new inflection period could be forming with three collapsed NTI Blue curves in the past few weeks.

Quick-term Red Bulls are not to be argued with. Until Quick-term Red Bulls expire, this bull should be considered a thoroughbred. This is supported on a near-term basis as Near-term Blue Bulls continue in their support. The Near-term Blue Bulls reasserted their dominance with recent bullish aggression. It will be interesting to see if the bullishly mature Force Vectors do not excite the bear on a Short-term basis. As stated last week, if they do not, the heart and soul of bullish seasonality can unfold with additional bullish gusto for the stock market. The market has entered the standard time table for the heart and soul of bullish seasonality.

Declining Force Vectors may invoke the bear to express mischievousness, but the Near-term, Quick-term, and Short-term attributes continue with bullish trend. Although difficult at times, it is better to not fight the trend.

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

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

Contrarian VIX is the lone Near-term Bear. It is down 11.9% since the bear signal 6.0-weeks ago. As expected, it has been bearish in eleven of the past 14-days. Its Force Vector is bearishly mature, suggesting a potential bullish bounce. It was contrarian and deeply bearish today. Rising Vector Pressure and price below Green should motivate the VIX bull (bearish market). If not, the overall bullish stock market will remain dominant. It will be difficult for VIX to mount much of a bullish charge since it is a yellow bear.

The remaining eleven major indices are up by an average of 23.4%, annualizing at 61.4%, since the NTI signaled bull an average of 19.9-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 17.3%, annualizing at 47.0%, since their bull signals an average of 19.1-weeks ago.

The lone bear, VIX, is down 42.2% since its bear signal 27.0-weeks ago. It will not receive a Quick-term Bull signal until it crosses above bearish yellow curve.

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

QTI-Red Bulls-A majority of eleven support bullish bias.

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

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

NTI-Blue Bulls-Nine exist, which is a majority of non-contrarian Blue Bulls support Near-term bullish bias. (Two Blue Bulls gained today).

NTI-Bearish Green Curve- Non-bearish majority with 10-of 11-non-contrarian indices in bullish trend. (Dow Utilities not in bullish trend).

STI-Vector Pressure-Strong bullish configuration with ten of 11-non-contrarian indices in bullish trend.

Short-term Summary-Overall-The five primary trends, Blue, Green, Red, Yellow, and Vector Pressure are bullish and the trend should not be argued with.

Current Strategy-Short-term Indicant-Oct 22, 2009-Bullish Near-term, Quick-term, and Short-term trend lines remain in tact. Do not fight the trend. With the exception of VIX, Force Vectors moving south, but a few remain in bullish domains, and thus with limited threat to the bull. Oct 21, 2009-Wed-Bullish trend remains in tact. There is a bit of trouble, though, with ETF#10-IBB-NTI Bullish Blue Curve collapsing. It is now qualified as a NTI-Green Bear. However, there is no sell signal since the market is absent of any bearish synergy. Oct 20, 2009-Tue-Same as yesterday, but VIX’s Force Vector is again rising, offering the bear a bit of hope. Keep in mind, though, the near-term, quick-term, and short-term trends are bullish. Oct 19, 2009-Mon-Too many attributes are trending bullishly and thus no reason to anticipate any strong or sustainable bearish behavior.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 30-ETF’s. They are up by an average of 19.7%, annualizing at 59.7%, since their buy signals an average of 17.2-weeks ago. Although there were no sell signals, the NTI is avoiding one ETF; contrarian QID. It is down 19.5% since its sell signal 13.0-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 an average of 23.1% since their buy signals an average of 20.9-weeks ago. Those with hold signals are annualizing at 57.4%. Although there were no sell signals, the lone avoided ETF, QID, is down by 52.1% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 71-trading days ago to 27-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

Vector Pressure in bullish domains is also a bear depressant. There are nine-ETF’s with this bullish and non-bearish configuration. There remains no dynamic bearish threat with sustainable duration at this time. However, this attribute continues weakening in support of the bull. It is now with minority support of the bull, losing majority support several days ago. This is a bit discerning since Force Vectors are bullishly mature and most have penetrated Vector Pressure. However, the embryonic Force Vector movement is not crisp, suggesting very limited support for bearish ambition.

Near-term Indicant ETF Key Attributes

19-NTI Blue Bulls; Majority position offers Near-term bullish support.

28-NTI Blue Curves are sloping north and providing majority bullish support.

26-NTI Green Curves are sloping north, expressing majority support for continued non-bearishness.

Quick-term Indicant ETF Key Attributes

27-QTI Red Bulls represent a solid majority supporting Quick-term bullishness.

30-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

30-QTI Bearish yellow curves are sloping north, highlighting solid non-bearishness. Only contrarian QID is sloping south.

The Short-term Indicant ETF Key Attributes:

Nine-Force Vectors in bullish domains but cycle is bullishly mature, offering the bear an opportunity to respond. (13-fell from bullish domains the past two days, though).

One-Force Vector in bearish domains and thus non-threatening to the bull.

Nine-Vector Pressures in bullish domains, offering minority support of bullish bias. Majority support was lost Oct 2, 2009.

21-Vector Pressures are moving in a bullish direction with majority support of the bull. Gained 11-on Oct 14, 2009; lost five today.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 19.5% since that sell signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 52.1% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $32.33 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 14.5% since those buy signals, annualizing at 64.1%. This fund had been struggling, but bullish in 17-of the last 31-days. It has been strongly bullish in nine of the last 14-days, following eight consecutive days of bearish behavior. It’s behavior has recently been inverse to dollar’s strength. It should move inversely with TLT, which is bullish on strong dollar days.

ETF#11-Gold and Precious Metals is up 28.9% since the QTI signaled buy on December 11, 2008. Annualized growth is at 33.0%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $89.34 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 15.8% since then, annualizing at 31.5%.

It is a QTI Red Bull and a NTI Blue Bull. That suggests a real safe holding position.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is up 1.0% since that buy signal, annualizing at 5.0%. It will be difficult for this hold to produce profitability as long as the stock market is bullish.

Major ETF Events

Oct 21, 2009-Wed-ETF#10 IBB fell below NTI Green. Do not be surprised at other ETF’s following suit. However, there is not enough bearish synergy to overcome the bull at this time.

Oct 20, 2009-Tue-S&P600 Index lost Blue Bull status. It is the only major index with that condition and thus non-threatening.

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

10/22/09

Oct 21, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 15 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

Overall configurations continue suggesting the bear cannot dominate at this time. Some indications of bullish fatigue continue with their assertions. Force Vectors are bullishly mature, offering the bear a chance to respond. But again, there is no sustainable or deep threats configuring by the bear at this time. ETF #10-IBB fell below NTI Green and Force Vector penetrated bearish domains. This could be the beginning of bullish laziness, but no where near expiring.

Quick-term Red Bulls are not to be argued with. Until Quick-term Red Bulls expire, this bull should be considered a thoroughbred. This is supported on a near-term basis as Near-term Blue Bulls continue in their support. The Near-term Blue Bulls reasserted their dominance with recent bullish aggression. It will be interesting to see if the bullishly mature Force Vectors do not excite the bear on a Short-term basis. As stated last week, if they do not, the heart and soul of bullish seasonality can unfold with additional bullish gusto for the stock market.

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

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

Contrarian VIX is the lone Near-term Bear. It is down 5.3% since the bear signal 5.9-weeks ago. As expected, it has been bearish in ten of the past 13-days. Its Force Vector is bearishly mature, suggesting a potential bullish bounce. It was contrarian and bullish today, following two days of non-contrarian behavior. Rising Vector Pressure and price below Green should motivate the VIX bull (bearish market). If not, the overall bullish stock market will remain dominant.

The remaining eleven major indices are up by an average of 22.4%, annualizing at 59.1%, since the NTI signaled bull an average of 19.7-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 16.3%, annualizing at 44.7%, since their bull signals an average of 19.0-weeks ago.

The lone bear, VIX, is down 37.9% since its bear signal 26.9-weeks ago. It will not receive a Quick-term Bull signal until it crosses above bearish yellow curve.

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

QTI-Red Bulls-A majority of eleven support bullish bias.

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

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

NTI-Blue Bulls-Seven exist. Majority non-contrarian Blue Bulls support Near-term bullish bias. (Four Blue Bulls lost today).

NTI-Bullish Blue Curve Trend-Near-term bullish unanimity with eleven of 11-non-contrarian indices in bullish trend, supporting non-bearish bias; Contrarian VIX NTI Blue collapsed two weeks ago and has not recovered.

NTI-Bearish Green Curve- Non-bearish majority with 10-of 11-non-contrarian indices in bullish trend. (Dow Utilities not in bullish trend).

STI-Vector Pressure-Strong bullish configuration with eleven of 11-non-contrarian indices in bullish trend.

Short-term Summary-Overall-11-non-contrarian Vector Pressures are rising and thus with bullish support. The only concern is VIX’s rising Force Vector.

As stated for several weeks, the NYSE and NASDAQ Indicant Volume Indicators continue configuring without potential robustness. They continue shifting lethargically. As stated the past several weeks, current configurations suggest limited support for bullish or bearish behavior. This favors the prevailing bullish direction. The heart and soul of bullish seasonality is now underway, where volume is not needed to support bullish behavior. However, mild bearishness the past two days was accompanied by volume increases. Although this relationship is bearish, it is not obviating until the Indicant Volume Indicators express robustness.

Current Strategy-Short-term Indicant-Oct 21, 2009-Wed-Bullish trend remains in tact. There is a bit of trouble, though, with ETF#10-IBB-NTI Bullish Blue Curve collapsing. It is now qualified as a NTI-Green Bear. However, there is no sell signal since the market is absent of any bearish synergy. Oct 20, 2009-Tue-Same as yesterday, but VIX’s Force Vector is again rising, offering the bear a bit of hope. Keep in mind, though, the near-term, quick-term, and short-term trends are bullish. Oct 19, 2009-Mon-Too many attributes are trending bullishly and thus no reason to anticipate any strong or sustainable bearish behavior.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 30-ETF’s. They are up by an average of 18.7%, annualizing at 57.0%, since their buy signals an average of 17.1-weeks ago. Although there were no sell signals, the NTI is avoiding one ETF; contrarian QID. It is down 18.7% since its sell signal 12.9-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 an average of 22.0% since their buy signals an average of 20.7-weeks ago. Those with hold signals are annualizing at 55.2%. Although there were no sell signals, the lone avoided ETF, QID, is down by 51.7% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 70-trading days ago to 27-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

Vector Pressure in bullish domains is also a bear depressant. There are nine-ETF’s with this bullish and non-bearish configuration. There remains no dynamic bearish threat with sustainable duration at this time. However, this attribute continues weakening in support of the bull. It is now with minority support of the bull, losing majority support several days ago. This is a bit discerning since Force Vectors are bullishly mature and most have penetrated Vector Pressure. However, the embryonic Force Vector movement is not crisp, suggesting very limited support for bearish ambition.

Near-term Indicant ETF Key Attributes

15-NTI Blue Bulls; Majority position offers Near-term bullish support. (7-lost today).

28-NTI Blue Curves; Majority are sloping north and thus remain supportive of the NTI Bull. TLT’s NTI Bullish Blue Curve collapsed last week. IBB Blue collapsed today, lending mild support for the bear to exert influence.

27-NTI Green Curves are sloping north, expressing support for continued non-bearishness.

29-NTI Non-bearish ETF’s are above bearish green curve and thus with non-bearish support with near unanimity. TLT fell below NTI Bearish Green Curve last Wednesday. IBB fell below today. However, non-bearish majority support remains.

Quick-term Indicant ETF Key Attributes

27-QTI Red Bulls represent a solid majority supporting Quick-term bullishness.

30-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

30-QTI Bearish yellow curves are sloping north, highlighting solid non-bearishness. Only contrarian QID is sloping south.

The Short-term Indicant ETF Key Attributes:

14-Force Vectors in bullish domains but cycle is bullishly mature, offering the bear an opportunity to respond. (8-fell below bullish domains today).

One-Force Vector in bearish domains and thus non-threatening to the bull.

Nine-Vector Pressures in bullish domains offering minority support of bullish bias. Majority support was lost Oct 2, 2009.

26-Vector Pressures are moving in a bullish direction with majority support of the bull. Gained 11-on Oct 14, 2009; lost one today.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 18.7% since that sell signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 51.7% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $32.44 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 14.1% since those buy signals, annualizing at 64.1%. This fund had been struggling, but bullish in 16-of the last 30-days. It has been strongly bullish in eight of the last 13-days, following eight consecutive days of bearish behavior. It’s behavior has recently been inverse to dollar’s strength. It should move inversely with TLT, which is bullish on strong dollar days.

ETF#11-Gold and Precious Metals is up 28.6% 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 $89.25 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 15.6% since then, annualizing at 31.3%.

It is a QTI Red Bull and a NTI Blue Bull. That suggests a real safe holding position.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is up 1.5% since that buy signal, annualizing at 8.2%. It will be difficult for this hold to produce profitability as long as the stock market is bullish.

Major ETF Events

Oct 21, 2009-Wed-ETF#10 IBB fell below NTI Green. Do not be surprised at other ETF’s following suit. However, there is not enough bearish synergy to overcome the bull at this time.

Oct 20, 2009-Tue-S&P600 Index lost Blue Bull status. It is the only major index with that condition and thus non-threatening.

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

10/21/09

Oct 20, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 14 ISSN 1526 6516 QT/ST

© The Indicant Stock Market Report

Today's Report

Short-term Indicant Stock Market Report - Summary

Quick-term Red Bulls are not to be argued with. Until Quick-term Red Bulls expire, this bull should be considered a thoroughbred. This is supported on a near-term basis as Near-term Blue Bulls continue in their support. The Near-term Blue Bulls reasserted their dominance with recent bullish aggression. It will be interesting to see if the bullishly mature Force Vectors do not excite the bear on a Short-term basis. As stated last week, if they do not, the heart and soul of bullish seasonality can unfold with additional bullish gusto for the stock market.

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

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

Contrarian VIX is the lone Near-term Bear. It is down 10.6% since the bear signal 5.7-weeks ago. As expected, it has been bearish in ten of the past 12-days. Its Force Vector is bearishly mature, suggesting a potential bullish bounce. It was uncharacteristically bullish yesterday and uncharacteristically bearish today. Rising Vector Pressure and price below Green should motivate the VIX bull (bearish market). If not, the overall bullish stock market will remain dominant.

The remaining eleven major indices are up by an average of 23.6%, annualizing at 62.7%, since the NTI signaled bull an average of 19.6-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 17.4%, annualizing at 48.0%, since their bull signals an average of 18.8-weeks ago.

The lone bear, VIX, is down 41.4% since its bear signal 26.7-weeks ago. It will not receive a Quick-term Bull signal until it crosses above bearish yellow curve.

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

QTI-Red Bulls-A majority of eleven support bullish bias.

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

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

NTI-Blue Bulls-Eleven exist. Unanimous non-contrarian Blue Bulls support Near-term bullish bias.

NTI-Bullish Blue Curve Trend-Near-term bullish majority of eleven of 11-non-contrarian indices in bullish trend, supporting non-bearish bias; Contrarian VIX NTI Blue collapsed two weeks ago and has not recovered.

NTI-Bearish Green Curve- Non-bearish majority with 10-of 11-non-contrarian indices in bullish trend. (Dow Utilities not in bullish trend).

STI-Vector Pressure-Strong bullish configuration with eleven of 11-non-contrarian indices in bullish trend.

Short-term Summary-Overall-11-non-contrarian Vector Pressures are rising and thus with bullish support. The only concern is VIX’s rising Force Vector.

As stated for several weeks, the NYSE and NASDAQ Indicant Volume Indicators continue configuring without potential robustness. They continue shifting lethargically. As stated the past several weeks, current configurations suggest limited support for bullish or bearish behavior. This favors the prevailing bullish direction. The heart and soul of bullish seasonality is now underway, where volume is not needed to support bullish behavior. However, today’s mild bearishness was accompanied by an uptick in volume.

Current Strategy-Short-term Indicant-Oct 20, 2009-Tue-Same as yesterday, but VIX’s Force Vector is again rising, offering the bear a bit of hope. Keep in mind, though, the near-term, quick-term, and short-term trends are bullish. Oct 19, 2009-Mon-Too many attributes are trending bullishly and thus no reason to anticipate any strong or sustainable bearish behavior.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 30-ETF’s. They are up by an average of 19.5%, annualizing at 59.8%, since their buy signals an average of 16.9-weeks ago. Although there were no sell signals, the NTI is avoiding one ETF; contrarian QID. It is down 19.5% since its sell signal 12.7-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 an average of 22.8% since their buy signals an average of 20.6-weeks ago. Those with hold signals are annualizing at 57.5%. Although there were no sell signals, the lone avoided ETF, QID, is down by 51.9% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 69-trading days ago to 27-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

Vector Pressure in bullish domains is also a bear depressant. There are nine-ETF’s with this bullish and non-bearish configuration. There remains no dynamic bearish threat with sustainable duration at this time. However, this attribute continues weakening in support of the bull. It is now with minority support of the bull, losing majority support several days ago. This is a bit discerning since Force Vectors are bullishly mature and most have penetrated Vector Pressure. However, the embryonic Force Vector movement is not crisp, suggesting very limited support for any bearish ambition.

Near-term Indicant ETF Key Attributes

27-NTI Blue Bulls; Majority position offers Near-term bullish support.

27-NTI Blue Curves; Majority are sloping north and thus remain supportive of the NTI Bull. TLT’s NTI Bullish Blue Curve collapsed last week. IBB and IYR NTI Blues have not collapsed but they are flat lining, offering the bear some incentive to attack.

27-NTI Green Curves are sloping north, expressing support for continued non-bearishness.

30-NTI Non-bearish ETF’s are above bearish green curve and thus with non-bearish support with near unanimity. TLT fell below NTI Bearish Green Curve last Wednesday. TLT is very close to a potential bounce point at QTI bearish yellow and thus the reason for no sell signal.

Quick-term Indicant ETF Key Attributes

27-QTI Red Bulls represent a solid majority supporting Quick-term bullishness.

30-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

30-QTI Bearish yellow curves are sloping north, highlighting solid non-bearishness. Only contrarian QID is sloping south.

The Short-term Indicant ETF Key Attributes:

22-Force Vectors in bullish domains but cycle is bullishly mature, offering the bear an opportunity to respond.

One-Force Vector in bearish domains and thus non-threatening to the bull.

Nine-Vector Pressures in bullish domains offering minority support of bullish bias. Majority support was lost Oct 2, 2009.

27-Vector Pressures are moving in a bullish direction with majority support of the bull. Gained 11-on Oct 14, 2009.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 19.1% since that sell signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 51.9% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $32.55 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 14.4% since those buy signals, annualizing at 66.3%. This fund had been struggling, but bullish in 16-of the last 29-days. It has been strongly bullish in eight of the last twelve days, following eight consecutive days of bearish behavior. It’s behavior has recently been inverse to dollar’s strength. It should move inversely with TLT, which is bullish on strong dollar days.

ETF#11-Gold and Precious Metals is up 28.2% since the QTI signaled buy on December 11, 2008. Annualized growth is at 32.5%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $89.16 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 15.3% since then, annualizing at 32.5%.

It is a QTI Red Bull and a NTI Blue Bull. That suggests a real safe holding position.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is up 2.1% since that buy signal, annualizing at 11.8%. It will be difficult for this hold to produce profitability as long as the stock market is bullish.

Major ETF Events

Oct 20, 2009-Tue-S&P600 Index lost Blue Bull status. It is the only major index with that condition and thus non-threatening.

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

10/20/09

Oct 19, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 13 ISSN 1526 6516 QT/ST

Today's Report

Short-term Indicant Stock Market Report - Summary

Quick-term Red Bulls are not to be argued with. Until Quick-term Red Bulls expire, this bull should be considered a thoroughbred. This is supported on a near-term basis as Near-term Blue Bulls continue in their support. The Near-term Blue Bulls reasserted their dominance with recent bullish aggression. It will be interesting to see if the bullishly mature Force Vectors do not excite the bear on a Short-term basis. As stated last week, if they do not, the heart and soul of bullish seasonality can unfold with additional bullish gusto for the stock market.

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

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

Contrarian VIX is the lone Near-term Bear. It is down 8.6% since the bear signal 5.6-weeks ago. As expected, it has been bearish in nine of the past 11-days. Its Force Vector is bearishly mature, suggesting a potential bullish bounce. It was uncharacteristically bullish today; albeit mildly. Rising Vector Pressure and price below Green should motivate the VIX bull (bearish market). If not, the overall bullish stock market will remain dominant.

The remaining eleven major indices are up by an average of 24.4%, annualizing at 65.3%, since the NTI signaled bull an average of 19.4-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 18.1%, annualizing at 50.5%, since their bull signals an average of 18.7-weeks ago.

The lone bear, VIX, is down 40.0% since its bear signal 26.6-weeks ago. It will not receive a Quick-term Bull signal until it crosses above bearish yellow curve.

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

QTI-Red Bulls-A majority of eleven support bullish bias.

QTI-Bullish Red Curve Trend-Bullish unanimity with 11 of 11 Non-contrarian indices in bullish trend.

QTI-Bearish Yellow Curve-Non-bearish unanimity with 11 of 11 Non-contrarian indices in non-bearish trend.

NTI-Blue Bulls-Eleven exist. Unanimous Blue Bulls support Near-term bullish bias.

NTI-Bullish Blue Curve Trend-Near-term bullish majority of eleven of 11-non-contrarian indices in bullish trend; Contrarian VIX NTI Blue collapsed two weeks ago and has not recovered.

NTI-Bearish Green Curve- Non-bearish majority with 10-of 11-non-contrarian indices in bullish trend.

STI-Vector Pressure-Strong bullish configuration with eleven of 11-non-contrarian indices in bullish trend.

Short-term Summary-Overall-Vector Pressure again rising and thus with bullish support. The only concern is VIX’s rising Force Vector.

Click the Short-term Indicant to see the combined table of the Near-term Indicant and Quick-term Indicant. The table has links to charts for each. There is one chart containing both the Near-term and Quick-term Indicant.

Current Strategy-Short-term Indicant-Oct 19, 2009-Mon-Too many attributes are trending bullishly and thus no reason to anticipate any strong or sustainable bearish behavior.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 30-ETF’s. They are up by an average of 20.5%, annualizing at 63.5%, since their buy signals an average of 16.8-weeks ago. Although there were no sell signals, the NTI is avoiding one ETF; contrarian QID. It is down 19.1% since its sell signal 12.6-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 an average of 23.9% since their buy signals an average of 20.5-weeks ago. Those with hold signals are annualizing at 60.7%. Although there were no sell signals, the lone avoided ETF, QID, is down by 51.9% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 68-trading days ago to 29-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

Vector Pressure in bullish domains is also a bear depressant. There are nine-ETF’s with this bullish and non-bearish configuration. There remains no dynamic bearish threat with sustainable duration at this time. However, this attribute continues weakening in support of the bull. It is now with minority support of the bull, losing majority support several days ago. This is a bit discerning since Force Vectors are bullishly mature and most have penetrated Vector Pressure.

Near-term Indicant ETF Key Attributes

26-NTI Blue Bulls; Majority position offers Near-term bullish support.

27-NTI Green Curves are sloping north, expressing support for continued non-bearishness.

27-NTI Non-bearish ETF’s are above bearish green curve and thus with non-bearish support with near unanimity. TLT fell below NTI Bearish Green Curve last Wednesday. TLT is very close to a potential bounce point at QTI bearish yellow and thus the reason for no sell signal.

Quick-term Indicant ETF Key Attributes

29-QTI Red Bulls represent a solid majority supporting Quick-term bullishness.

30-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

30-QTI Bearish yellow curves are sloping north, highlighting solid non-bearishness. Only contrarian QID is sloping south.

The Short-term Indicant ETF Key Attributes:

24-Force Vectors in bullish domains but cycle is bullishly mature, offering the bear an opportunity to respond. Three fell from bullish domains late last week.

One-Force Vector in bearish domains and thus non-threatening to the bull.

Nine-Vector Pressures in bullish domains offering minority support of bullish bias. Majority support was lost Oct 2, 2009.

26-Vector Pressures are moving in a bullish direction with majority support of the bull. Gained 11-on Oct 14, 2009.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 19.1% since that sell signal.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 15.1% since those buy signals, annualizing at 70.6%. This fund had been struggling, but bullish in 16-of the last 28-days. It has been strongly bullish in eight of the last eleven days, following eight consecutive days of bearish behavior. It’s behavior has recently been inverse to dollar’s strength.

ETF#11-Gold and Precious Metals is up 29.2% 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 $89.08 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 16.2% since then, annualizing at 32.7%.

It is a QTI Red Bull and a NTI Blue Bull. That suggests a real safe holding position.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is up 1.6% since that buy signal, annualizing at 8.9%. It will be difficult for this hold to produce profitability as long as the stock market is bullish.

Major ETF Events

Oct 19, 2009-Contrarian VIX and TLT were both bullish on today’s stock market bullishness. That non-contrarian behavior for contrarian ETF’s offers the bear an opportunity to at least be heard. However, there remains no significant bearish threat.

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

10/19/09

Oct 16, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 12 ISSN 1526 6516 QT/ST

Today's Report

Short-term Indicant Stock Market Report - Summary

The Near-term Bull is 32-weeks old. The average Near-term life cycles approximate 10-14-weeks. This does not mean they are always followed by a reversal cycle. Extended inflections can occur for several days or even weeks ahead of a renewed Near-term bull or bear cycle. Configurations are again suggesting the beginnings of another inflection point, whereby the market may move laterally with intermittent volatility.

Quick-term Red Bulls are not to be argued with. Until Quick-term Red Bulls expire, this bull should be considered a thoroughbred. This is supported on a near-term basis as Near-term Blue Bulls continue in their support. The Near-term Blue Bulls reasserted their dominance with recent bullish aggression. It will be interesting to see if the bullishly mature Force Vectors do not excite the bear on a Short-term basis. If they do not, the heart and soul of bullish seasonality can unfold with additional bullish gusto for the stock market. Non-bullish behavior the past two days lends support to this possibility.

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

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

Contrarian VIX is the lone Near-term Bear. It is down 9.3% since the bear signal 5.1-weeks ago. As expected, it has been bearish in nine of the past ten days. Its Force Vector is bearishly mature, suggesting a potential bullish bounce. Rising Vector Pressure and price below Green should motivate the VIX bull (bearish market). If not, the overall bullish stock market will remain dominant.

The remaining eleven major indices are up by an average of 23.2%, annualizing at 63.6%, since the NTI signaled bull an average of 19.0-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 17.0%, annualizing at 48.5%, since their bull signals an average of 18.3-weeks ago.

The lone bear, VIX, is down 40.5% since its bear signal 26.1-weeks ago. It will not receive a Quick-term Bull signal until it crosses above bearish yellow curve.

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

QTI-Red Bulls-A majority of eleven support bullish bias.

QTI-Bullish Red Curve Trend-Bullish unanimity with 11 of 11 Non-contrarian indices in bullish trend.

QTI-Bearish Yellow Curve-Non-bearish unanimity with 11 of 11 Non-contrarian indices in non-bearish trend.

NTI-Blue Bulls-Eleven exist. Unanimous Blue Bulls support Near-term bullish bias.

NTI-Bullish Blue Curve Trend-Near-term bullish majority of eleven of 11-non-contrarian indices in bullish trend; Contrarian VIX NTI Blue collapsed last week.

NTI-Bearish Green Curve- Non-bearish majority with 10-of 11-non-contrarian indices in bullish trend.

STI-Vector Pressure-Strong bullish configuration with eleven of 11-non-contrarian indices in bullish trend.

Short-term Summary-Overall-Vector Pressure again rising and thus no longer discerning to the Short-term Bull.

-Political Climate – Congress in session is bearish, but technical data is overriding at this point. Strong bullishness not likely to return until the next Congressional recess. Force Vectors dipped deeply to the south when Senator Kennedy’s replacement was announced. The stock market does not find sixty Democratic Senators bullish. Fifty-nine was tolerable, but sixty is more threatening to the bull. This threat appears to be gaining momentum, but not yet at critical mass.

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

As stated for several weeks, the NYSE and NASDAQ Indicant Volume Indicators continue configuring without potential robustness. They continue shifting lethargically. As stated the past several weeks, current configurations suggest limited support for bullish or bearish behavior. This favors the prevailing bullish direction, but somewhat lazily. There remains more robust volume support for bullish behavior in the past few weeks, supporting, at worse, non-bearishness. Last Wednesday’s bullish aggression was accompanied with a volume surge, suggesting the heart and soul of bullish seasonality may be unfolding in spite of passivity the past two days.

Current Strategy-Short-term Indicant-Oct 16, 2009-Same as yesterday; nothing threatening. Oct 15, 2009-Stock market’s bullish trend remains solid. Oct 14, 2009-Trend is bullish and today’s bullish aggression continues aligning “trading” behavior with the trend. Oct 13, 2009-Same as yesterday. Congressional mischievousness is threatening the bull. Force Vectors are above Vector Pressure, which obviously did not encourage the bull. On the contrary, the bear should find some encouragement, but non-threatening to the bull. Oct 12, 2009-Configurations remain with bullish support. However, Force Vectors crossed about Vector Pressure and are somewhat bullishly mature. However, this is non-threatening to the bull with mild potential for bearishness.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 30-ETF’s. They are up by an average of 19.1%, annualizing at 60.8%, since their buy signals an average of 16.3-weeks ago. Although there were no sell signals, the NTI is avoiding one ETF; contrarian QID. It is down 17.5% since its sell signal 12.1-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 an average of 22.5% since their buy signals an average of 20.0-weeks ago. Those with hold signals are annualizing at 58.4%. Although there were no sell signals, the lone avoided ETF, QID, is down by 50.9% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 67-trading days ago to 28-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

Vector Pressure in bullish domains is also a bear depressant. There are eight-ETF’s with this bullish and non-bearish configuration. There remains no dynamic bearish threat with sustainable duration at this time. However, this attribute continues weakening in support of the bull. It is now with minority support of the bull, losing majority support several days ago. This is a bit discerning since Force Vectors are bullishly mature and most have penetrated Vector Pressure.

Near-term Indicant ETF Key Attributes

22-NTI Blue Bulls; Majority position offers Near-term bullish support.

27-NTI Blue Curves are sloping north and thus remain supportive of the NTI Bull with unanimity. TLT’s NTI Bullish Blue Curve collapsed yesterday. IBB and IYR NTI Blues have not collapsed but they are flat lining, offering the bear some incentive to attack.

28-NTI Green Curves are sloping north, expressing support for continued non-bearishness.

28-NTI Non-bearish ETF’s are above bearish green curve and thus with non-bearish support with near unanimity. TLT fell below NTI Bearish Green Curve last Wednesday. TLT is very close to a potential bounce point at QTI bearish yellow and thus the reason for no sell signal.

Quick-term Indicant ETF Key Attributes

28-QTI Red Bulls represent a solid majority supporting Quick-term bullishness.

30-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

30-QTI Bearish yellow curves are sloping north, highlighting solid non-bearishness. Only contrarian QID is sloping south.

The Short-term Indicant ETF Key Attributes:

24-Force Vectors in bullish domains but cycle is bullishly mature, offering the bear an opportunity to respond. Three fell from bullish domains today.

One-Force Vectors are in bearish domains and thus non-threatening to the bull.

Eight-Vector Pressures in bullish domains offering minority support of bullish bias. Majority support was lost Oct 2, 2009.

26-Vector Pressures are moving in a bullish direction with majority support of the bull. Gained 11-on Oct 14, 2009.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 17.5% since that sell signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 50.9% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $32.76 and still falling. Yesterday’s report erroneously indicated yellow at $31.19.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 13.6% since those buy signals, annualizing at 66.2%. This fund had been struggling, but bullish in 15-of the last 27-days. It has been strongly bullish in seven of the past ten days, following eight consecutive days of bearish behavior. It’s behavior has recently been inverse to dollar’s strength.

ETF#11-Gold and Precious Metals is up 27.9% since the QTI signaled buy on December 11, 2008. Annualized growth is at 27.9%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $88.99 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 15.0% since then, annualizing at 30.9%.

It is a QTI Red Bull and a NTI Blue Bull. That suggests a real safe holding position.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is up 0.8% since that buy signal, annualizing at 4.6%. It will be difficult for this hold to produce profitability as long as the stock market is bullish.

Major ETF Events

Oct 16, 2009-ETF EWJ lost QTI Red Bull status. None threatening at this point.

Oct 15, 2009-ETF’s BBB and IYR Bullish Blue flat lining. This is not yet significant, but worth monitoring.

Oct 14, 2009-Today’s bullish aggression regained yesterday’s lost QTI Red Bulls and NTI Blue Bulls. TLT Bullish Blue Curve collapsed.

Oct 13, 2009-Congress worked last night and stifled the bull today. Lost several QTI Red Bulls and several NTI Blue Bulls.

Oct 12, 2009-There was a gain of two Near-term Blue Bulls today. (Congress taking a holiday). They will be back tomorrow.

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

10/16/09

Oct 15, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 11 ISSN 1526 6516 QT/ST

Today's Report

Short-term Indicant Stock Market Report - Summary

The Near-term Bull is 31-weeks old. The average Near-term life cycles approximate 10-14-weeks. This does not mean they are always followed by a reversal cycle. Extended inflections can occur for several days or even weeks ahead of a renewed Near-term bull or bear cycle. Configurations are again suggesting the beginnings of another inflection point, whereby the market will move laterally with intermittent volatility.

Quick-term Red Bulls are not to be argued with. Until Quick-term Red Bulls expire, this bull should be considered a thoroughbred. This is supported on a near-term basis as Near-term Blue Bulls continue in their support. The Near-term Blue Bulls reasserted their dominance with recent bullish aggression. It will be interesting to see if the bullishly mature Force Vectors do not excite the bear on a Short-term basis. If they do not, the heart and soul of bullish seasonality can unfold with additional bullish gusto for the stock market.

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

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

Contrarian VIX is the lone Near-term Bear. It is down 8.2% since the bear signal 5.0-weeks ago. As expected, it has been bearish in eight of the past nine days. Its Force Vector is bearishly mature, suggesting a potential bullish bounce. Rising Vector Pressure and price below Green should motivate the VIX bull (bearish market). If not, the overall bullish stock market will remain dominant. VIX was deeply down on today’s mild bullish aggression, contrasting with yesterday’s flat behavior on solid NASDAQ100 bullishness.

The remaining eleven major indices are up by an average of 24.1%, annualizing at 66.4%, since the NTI signaled bull an average of 18.9-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 17.8%, annualizing at 51.1%, since their bull signals an average of 18.1-weeks ago.

The lone bear, VIX, is down 39.8% since its bear signal 26.0-weeks ago. It will not receive a Quick-term Bull signal until it crosses above bearish yellow curve.

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

QTI-Red Bulls-A majority of eleven support bullish bias.

QTI-Bullish Red Curve Trend-Bullish unanimity with 11 of 11 Non-contrarian indices in bullish trend.

QTI-Bearish Yellow Curve-Non-bearish unanimity with 11 of 11 Non-contrarian indices in non-bearish trend.

NTI-Blue Bulls-Eleven exist. Unanimous Blue Bulls support Near-term bullish bias.

NTI-Bullish Blue Curve Trend-Near-term bullish majority of eleven of 11-non-contrarian indices in bullish trend; Contrarian VIX NTI Blue collapsed last week.

NTI-Bearish Green Curve- Non-bearish majority with 10-of 11-non-contrarian indices in bullish trend.

STI-Vector Pressure-Strong bullish configuration with eleven of 11-non-contrarian indices in bullish trend.

Short-term Summary-Overall-Vector Pressure again rising and thus no longer discerning to the Short-term Bull.

As stated for several weeks, the NYSE and NASDAQ Indicant Volume Indicators continue configuring without potential robustness. They continue shifting lethargically. As stated the past several weeks, current configurations suggest limited support for bullish or bearish behavior. This favors the prevailing bullish direction, but somewhat lazily. There remains more robust volume support for bullish behavior in the past few weeks, supporting, at worse, non-bearishness. Yesterday’s bullish aggression was accompanied with a volume surge, suggesting the heart and soul of bullish seasonality may be unfolding.

Current Strategy-Short-term Indicant-Oct 15, 2009-Stock market’s bullish trend remains solid. Oct 14, 2009-Trend is bullish and today’s bullish aggression continues aligning “trading” behavior with the trend. Oct 13, 2009-Same as yesterday. Congressional mischievousness is threatening the bull. Force Vectors are above Vector Pressure, which obviously did not encourage the bull. On the contrary, the bear should find some encouragement, but non-threatening to the bull. Oct 12, 2009-Configurations remain with bullish support. However, Force Vectors crossed about Vector Pressure and are somewhat bullishly mature. However, this is non-threatening to the bull with mild potential for bearishness.

Short-term ETF Report Card, Status, and Charts

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

Although there were no buy signals, the Near-term Indicant is signaling hold for 30-ETF’s. They are up by an average of 20.1%, annualizing at 64.6%, since their buy signals an average of 16.2-weeks ago. Although there were no sell signals, the NTI is avoiding one ETF; contrarian QID. It is down 18.5% since its sell signal 12.0-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 an average of 23.5% since their buy signals an average of 19.9-weeks ago. Those with hold signals are annualizing at 61.5%. Although there were no sell signals, the lone avoided ETF, QID, is down by 51.5% since its sell signal on Mar 26, 2009.

Quick-term Red Bulls significantly reduce the threat of dynamic and sustainable bearish behavior. As long as there are Quick-term Red Bulls, one does not have to worry about bearish dominance. Breadth protection improved from only 5-red bulls 66-trading days ago to 29-red bulls today. This is a significant non-bearish configuration with respect to disallowing dynamic behavior on the immediate horizon.

Near-term Indicant ETF Key Attributes

26-NTI Blue Bulls; Majority position offers Near-term bullish support.

28-NTI Green Curves are sloping north, expressing support for continued non-bearishness.

29-NTI Non-bearish ETF’s are above bearish green curve and thus with non-bearish support with unanimity. TLT fell below NTI Bearish Green Curve yesterday. TLT is very close to a potential bounce point at QTI bearish yellow and thus the reason for no sell signal.

Quick-term Indicant ETF Key Attributes

29-QTI Red Bulls represent a solid majority supporting Quick-term bullishness.

30-QTI Bullish Red Curves are sloping north in solid majority support for Quick-term bullishness.

Zero-QTI Yellow Bears represent a solid majority supporting Quick-term non-bearishness.

30-QTI Bearish yellow curves are sloping north, highlighting solid non-bearishness. Only contrarian QID sloping south.

The Short-term Indicant ETF Key Attributes:

27-Force Vectors in bullish domains but cycle is bullishly mature, offering the bear an opportunity to respond.

Two-Force Vectors are in bearish domains and thus non-threatening to the bull.

Eight-Vector Pressures in bullish domains offering minority support of bullish bias. Majority support was lost Oct 2, 2009.

26-Vector Pressures are moving in a bullish direction with majority support of the bull. Gained 11-on Oct 14, 2009.

Click the below link to see today’s Near-term, Quick-term, and Short-term Indicant signals. Links on that page will take you to a single chart with all the model’s position on each ETF.

http://www.indicant.net/Members/Updates/STI-SQI-QTI-ETF-SumPage/0UD%20QTI-ETF0-Sum.htm

Contrarian Funds

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

The Near-term Indicant signaled sell for QID on Jul 23, 2009. It is down 18.5% since that sell signal.

The Quick-term Indicant signaled sell for QID on March 26, 2009. It is down 51.5% since then. The Quick-term Indicant will not signal buy until it contacts the bearish yellow curve, which is valued at $31.19 and still falling.

ETF#03-Natural Resources - The Near-term Indicant and Quick-term Indicant signaled buy on August 3, 2009. It is up 14.0% since those buy signals, annualizing at 68.9%. This fund had been struggling, but bullish in 15-of the last 26-days. It has been strongly bullish in seven of the past nine days, following eight consecutive days of bearish behavior. It’s behavior has recently been inverse to dollar’s strength.

ETF#11-Gold and Precious Metals is up 27.5% since the QTI signaled buy on December 11, 2008. Annualized growth is at 32.2%. Bearish yellow is a good price to set stop losses for a longer-term hold position, which is at $88.91 and still rising at an accelerating rate.

The Near-term Indicant signaled buy on Apr 24, 2009. It is up 14.6% since then, annualizing at 30.3%.

It is a QTI Red Bull and a NTI Blue Bull. That suggests a real safe holding position.

ETF#14-TLT-Long Government received a buy signal on Aug 17, 2009 from both the Near-term and Quick-term Indicant. It is down 0.1% since that buy signal. It will be difficult for this hold to produce profitability as long as the stock market is bullish.

Major ETF Events

Oct 15, 2009-ETF’s BBB and IYR Bullish Blue flat lining. This is not yet significant, but worth monitoring.

Oct 14, 2009-Today’s bullish aggression regained yesterday’s lost QTI Red Bulls and NTI Blue Bulls. TLT Bullish Blue Curve collapsed.

Oct 13, 2009-Congress worked last night and stifled the bull today. Lost several QTI Red Bulls and several NTI Blue Bulls.

Oct 12, 2009-There was a gain of two Near-term Blue Bulls today. (Congress taking a holiday). They will be back tomorrow.

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

10/15/09

Oct 14, 2009 Indicant Daily Stock Market Report

Volume 10, Issue 10 ISSN 1526 6516 QT/ST

Today's Report

Short-term Indicant Stock Market Report - Summary

Overall configurations continue suggesting the bear cannot dominate at this time. Some indications of bullish fatigue continue with their assertions. Force Vectors are now bullishly mature, offering the bear a chance to respond. But again, there is no sustainable or deep threats configuring by the bear.

Quick-term Red Bulls are not to be argued with. Until Quick-term Red Bulls expire, this bull should be considered a thoroughbred. This is supported on a near-term basis as Near-term Blue Bulls continue in their support. The Near-term Blue Bulls reasserted their dominance with today’s bullish aggression. It will be interesting to see if the bullishly mature Force Vectors do not excite the bear on a Short-term basis. If they do not, the heart and soul of bullish seasonality can unfold with additional bullish gusto.

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

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

Contrarian VIX is the lone Near-term Bear. It is down 2.7% since the bear signal 4.9-weeks ago. As expected it was bearish in seven of the past eight days. Its Force Vector is bearishly mature, suggesting a potential bullish bounce. Rising Vector Pressure and price below Green should motivate the VIX bull (bearish market). If not, the overall bullish stock market will remain dominant. Surprisingly, VIX was flat on today’s bullish aggression.

The remaining eleven major indices are up by an average of 23.8%, annualizing at 66.1%, since the NTI signaled bull an average of 18.7-weeks ago.

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

Although there were no new bull signals, the Quick-term Indicant is signaling bull for 11-major indices. They are up 17.5%, annualizing at 50.7%, since their bull signals an average of 18.0-weeks ago.

The lone bear, VIX, is down 36.2% since its bear signal 25.9-weeks ago. It will not receive a Quick-term Bull signal until it crosses above bearish yellow curve.

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

QTI-Red Bulls-A majority of eleven support bullish bias.

QTI-Bullish Red Curve Trend-Bullish unanimity with 11 of 11 Non-contrarian indices in bullish trend.

QTI-Bearish Yellow Curve-Non-bearish unanimity with 11 of 11 Non-contrarian indices in non-bearish trend.

NTI-Blue Bulls-Nine exist. Majority Blue Bull supports Near-term bullish bias.

NTI-Bullish Blue Curve Trend-Near-term bullish majority of eleven of 11-non-contrarian indices in bullish trend; Contrarian VIX NTI Blue collapsed last week.

NTI-Bearish Green Curve- Non-bearish majority with 10-of 11-non-contrarian indices in bullish trend. (Dow Utilities is configuring with non-bullish bias).

STI-Vector Pressure-Strong bullish configuration with eleven of 11-non-contrarian indices in bullish trend.

Short-term Summary-Overall, Quick-term and Near-term Indicant support bullishness. Declining Vector Pressure is a source of concern and Force Vector’s penetration of Vector Pressure can incite some additional volatility and a strong possibility of bearish expressions in the next day or two. Today’s bullishness is yet another testimonial to not fight the trend.