Sep 30, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 21 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The following theme
will be repeated until stock market configurations obsolete it and despite
potential boredom of repeating it.
Chaotic divergence reflects aggressively configured short-term attributes
favoring both bull and bear. Here are a few examples.
ETF#13-EWH-Hongkong endures Force in bearish domains
with negative Pressure. It is a QTI Yellow Bear and NTI Green Bear.
Currently, there is no floor to bearish ambition and underlying forces and
pressure is weak. It is down 16.1% since short-term sell signals on Sep 2,
2011.
ETF#01-QQQ,
on the other hand, still has bullish attributes; albeit under attack and
nearing collapse. It is down 1.2% since then and on the verge of
acquiescing to the stock market bear.
These conditions also describe the absence of bullish or bearish
unanimity, which is required for cyclical magnitude and breadth. Until
this changes, it is what it is. Recent stock market behavior suggests
dissipation of this divergent behavior and increasing probabilities of
bearish convergence.
Stock market behavior this past Thursday highlights the divergent
behavior. The Dow was solidly bullish, while the NASDAQ100 was solidly
bearish. That is bearish divergence, since most underlying indices remain
as QTI Yellow Bears. The concern is the potential displacing of bearish
divergence to bearish convergence. The Dow30 was actually bullish this
past week in spite of Friday’s bearish aggression, while most of the other
major indices were solidly bearish last week.
The stock market is
without any noticeable desired directional intensity. It is configured to
be entirely reactionary to news and whatever rumors that can be
successfully orchestrated. Avoiding is an appropriate tactic.
As stated this past
Wednesday, “noticeable, though, are a few Force Vectors creeping
northward, offering the stock market bull some hope.” They need to cross
above Pressure and into bullish domains before renewed interest in bullish
behavior. Friday’s bearish aggression should not be interpreted as a final
transformation to bearish unanimity as rising Force Vectors offer
potential resistance to that. Early next week will be interesting.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull only for contrarian VIX. It is up
86.9%, annualizing at 486.9%.
The
Near-term Indicant is signaling bear for the eleven major non-contrarian
indices. They are down by an average of 3.9% since their bear signals an
average of 2.0-weeks ago.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
Quick-term Indicant is signaling bull for one major non-contrarian index,
NAS100, including contrarian VIX. Collectively, they are up 41.6% since
their bull signals an average of 6.9-weeks ago. This annualizes at 312.0%.
The
Quick-term Indicant is signaling bear for ten non-contrarian indices. They
are down by an average of 5.8% since their bear signals an average of
4.3-weeks ago.
The
NAS100 continues with bull signal. It is not yet a QTI Yellow Bear. The
DJU is also not a Yellow Bear, but with a bear signal along the short-term
cycle. As stated this week, “bearish unanimity remains absent and with
that a dynamic long-lasting bear cannot manifest.” Keep in mind, though,
those two indices are the only ones offering argument to bearish desires.
The NAS100 NTI Blue curve collapsed on Friday, but its Force Vector is
arguing against bearish ambition. NAS100 Force behavior will be very
interesting next week.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle.
Sep 30-Fri-Moderate
to aggressive volume, coupled to bearish aggression, remains inspirational
to the stock market bear.
Sep 29-Thu-Aggressive
volume on mixed stock market behavior supports no change in bias.
Sep 28-Wed-Moderate
volume on bearish aggression is a meaningless relationship. Therefore,
bearish bias prevails. We need to see some drama here and it remains
absent.
Sep 27-Tue-Volume was
more aggressive today on second consecutive day of solid bullishness, but
still shy of recent magnitude supporting bear.
Sep 26-Mon-Moderate
volume of solid bullish expressions suggests trader reaction, as opposed
to substantive continuations of bullishness at this time.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and no sell signals.
The
Near-term Indicant is signaling hold for seven-ETF’s. They are up by an
average of 18.4% since their buy signals an average of 3.7-weeks ago,
annualizing at 259.7%. The reason performance is high is due to a mild mix
of non-contrarian and contrarian ETF’s, where contrarians, such as VXX,
remain extraordinarily bullish.
The
NTI is avoiding 25-ETF’s. They are down by an average of 6.1% since their
near-term sell signals an average of 2.9-weeks ago.
The
Quick-term Indicant generated one buy signal and no sell signals.
The
Quick-term Indicant is signaling hold for 7-ETF’s. They are up by an
average of 23.7% since their buy signals an average of 25.4-weeks ago.
This annualizes at 48.5%.
The
Quick-term Indicant is avoiding 24-ETF’s. They are down by an average of
9.6% since the QTI sell signals an average of 5.7-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
11.6% since those sell signals. It is a Green and Yellow Bear. It is
struggling to escape that level of weakness. Its Force Vector is rising,
offering some mild bullish hope along the short-term cycle.
ETF#11-Gold and Precious Metals
is
up 96.0% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.8%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $146.07 and still rising.
Relaxation remains in order, despite recent bearish aggression, since your
buy price approximates $80.65 versus today’s closing price of $158.06. The
Quick-term Indicant will not signal sell until interaction with QTI Yellow
Curve.
The
Near-term Indicant signaled sell on Sep 23, 2011. It is down 1.1% since
then. Force’s collapse deep into bearish domains remains ominous, despite
its reversal back to the north on Friday.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 23.4% since that buy signal, annualizing at 133.5%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 7.4% since then,
annualizing at 94.7%.
ETF#31-QID
received a buy signal by the Near-term Indicant on Sep 23, 2011. It is up
6.0% since that buy signal, annualizing at 309.8%. The Quick-term Indicant
signaled buy on Friday since its price crossed above QTI Yellow. Of
concern is its declining Force Vector.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 53.5% since then, annualizing at 363.1%. It is
up 123.9% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 696.8%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment.
Major ETF Events
Sep 30-Fri-There were
none as strong bearish behavior was consistent with bear/avoid signals.
Sep 29-Thu-The Dow
was solidly bullish, while the NASDAQ was nearly as solidly bearish. This
bearish divergence still favors the stock market bear. Most Force Vectors
are again pointing north and threatening bearish dominance.
Sep 28-Wed-Again no
major events as the stock market was aggressively bearish. Noticeable,
though, are maturing Force Vector cycles and a few are moving back to the
north, offering the stock market bull some hope.
Sep 27-Tue-No major
events. Two consecutive days of bullish behavior means nothing with
negative Force and bearish stock market Pressure with significant
divergence. States of wonderment are no different from tabula rasa.
Sep 26-Mon-No major
events.
Current Strategy-Short-term Indicant-Sep 27, 2011-Chaotic
divergence is being maintained with some ETF’s with solid bearish
configurations, while others are with solid bullish configurations along
the short-term cycle. This is not the time to be an aggressive buyer. The
stock market is currently reactionary and without purpose.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/30/2011
Sep
29, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 20 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The following theme
will be repeated until stock market configurations obsolete it and despite
potential boredom of repeating it.
Chaotic divergence reflects aggressively configured short-term attributes
favoring both bull and bear. Here are a few examples.
ETF#13-EWH-Hongkong endures Force in bearish domains
with negative Pressure. It is a QTI Yellow Bear and NTI Green Bear.
Currently, there is no floor to bearish ambition and underlying forces and
pressure is weak. It is down 12.0% since short-term sell signals on Sep 2,
2011.
ETF#01-QQQ,
on the other hand, still has bullish attributes; albeit under attack. It
is up 1.4%, annualizing at 14.9%, since its Aug 26, 2011 short-term buy
signals.
These conditions also describe the absence of bullish or bearish
unanimity, which is required for cyclical magnitude and breadth. Until
this changes, it is what it is.
You noticed on this Thursday, the Dow was solidly bullish, while the
NASDAQ100 was solidly bearish. That is bearish divergence, since most
underlying indices remain as QTI Yellow Bears,
The stock market is
without any noticeable desired directional intensity. It is configured to
be entirely reactionary to news and whatever rumors that can be
successfully orchestrated. Avoiding is an appropriate tactic.
As stated this past
Wednesday, “noticeable, though, are a few Force Vectors creeping
northward, offering the stock market bull some hope.” They need to cross
above Pressure and into bullish domains before renewed interest in bullish
behavior.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The Near-term Indicant signaled no
new bulls and no new bears.
Click this sentence to see table leading to the
charts.
The
Near-term Indicant is signaling bull only for contrarian VIX. It is up
69.0%, annualizing at 392.5%.
The
Near-term Indicant is signaling bear for the eleven major non-contrarian
indices. They are down by an average of 1.4% since their bear signals an
average of 1.9-weeks ago.
The Quick-term Indicant signaled no
new bulls and no
new bears.
The
Quick-term Indicant is signaling bull for one major non-contrarian index,
NAS100, including contrarian VIX. Collectively, they are up 33.9% since
their bull signals an average of 6.8-weeks ago. This annualizes at 259.9%.
The
Quick-term Indicant is signaling bear for ten non-contrarian indices. They
are down by an average of 3.5% since their bear signals an average of
4.2-weeks ago.
The
NAS100 continues with bull signal. It is not yet a QTI Yellow Bear. The
DJU is also not a Yellow Bear. As stated this week, “bearish unanimity
remains absent and with that a dynamic long-lasting bear cannot manifest.”
(the phrase “long-lasting bear ””can”” manifest…” was corrected with the
word, “cannot” today). Keep in mind, though, those two indices are the
only ones offering argument to bearish desires.
Indicant
Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle.
Sep 29-Thu-Aggressive
volume on mixed stock market behavior supports no change in bias.
Sep 28-Wed-Moderate
volume on bearish aggression is a meaningless relationship. Therefore,
bearish bias prevails. We need to see some drama here and it remains
absent.
Sep 27-Tue-Volume was
more aggressive today on second consecutive day of solid bullishness, but
still shy of recent magnitude supporting bear.
Sep 26-Mon-Moderate
volume of solid bullish expressions suggests trader reaction, as opposed
to substantive continuations of bullishness at this time.
Short-term ETF Report Card, Status, and Charts
The Near-term Indicant generated no buy signals and
no sell
signals.
The
Near-term Indicant is signaling hold for seven-ETF’s. They are up by an
average of 16.2% since their buy signals an average of 3.6-weeks ago,
annualizing at 237.3%. The reason performance is high is due to a mild mix
of non-contrarian and contrarian ETF’s, where contrarians, such as VXX,
remain extraordinarily bullish.
The
NTI is avoiding 25-ETF’s. They are down by an average of 3.4% since their
near-term sell signals an average of 2.8-weeks ago.
The Quick-term Indicant generated no buy signals and
no sell
signals.
The
Quick-term Indicant is signaling hold for 7-ETF’s. They are up by an
average of 22.7% since their buy signals an average of 25.2-weeks ago.
This annualizes at 46.8%.
The
Quick-term Indicant is avoiding 25-ETF’s. They are down by an average of
6.4% since the QTI sell signals an average of 5.4-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
9.0% since those sell signals. It is a Green and Yellow Bear. It is
struggling to escape that level of weakness. Its Force Vector is rising,
offering some mild bullish hope along the short-term cycle.
ETF#11-Gold and Precious Metals
is
up 95.5% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 33.7%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $145.97 and still rising.
Relaxation remains in order, despite recent bearish aggression, since your
buy price approximates $80.65 versus today’s closing price of $157.70. The
Quick-term Indicant will not signal sell until interaction with QTI Yellow
Curve.
The
Near-term Indicant signaled sell on Sep 23, 2011. It is down 1.3% since
then. Force’s collapse deep into bearish domains remains ominous.
Click this sentence for additional charting and
current forecasting of the actual price of gold.
All prior comments in this section remain in effect,
but eliminated here for brevity purposes. You will be notified when and if
such commentary requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 20.3% since that buy signal, annualizing at 118.1%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 4.7% since then,
annualizing at 63.2%.
ETF#31-QID
received a buy signal by the Near-term Indicant on Sep 23, 2011. It is up
0.7% since that buy signal. However, the Quick-term Indicant retained the
avoid signal from the Sep 14, 2011 sell signal. It is up 4.2% since then.
It needs to cross above the QTI Yellow curve to garnish a buy signal.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 43.4% since then, annualizing at 300.2%. It is
up 109.1% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 623.7%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment.
Major ETF Events
Sep 29-Thu-The Dow
was solidly bullish, while the NASDAQ was nearly as solidly bearish. This
bearish divergence still favors the stock market bear. Most Force Vectors
are again pointing north and threatening bearish dominance.
Sep 28-Wed-Again no
major events as the stock market was aggressively bearish. Noticeable,
though, are maturing Force Vector cycles and a few are moving back to the
north, offering the stock market bull some hope.
Sep 27-Tue-No major
events. Two consecutive days of bullish behavior means nothing with
negative Force and bearish stock market Pressure with significant
divergence. States of wonderment are no different from tabula rasa.
Sep 26-Mon-No major
events.
Current Strategy-Short-term Indicant-Sep 27, 2011-Chaotic
divergence is being maintained with some ETF’s with solid bearish
configurations, while others are with solid bullish configurations along
the short-term cycle. This is not the time to be an aggressive buyer. The
stock market is currently reactionary and without purpose.
Reverse Tangential Projections
Click this
sentence to the table, highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for
all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones
Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite
Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for
Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/29/2011
Sep 28, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 19 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The following theme
will be repeated until stock market configurations obsolete it and despite
potential boredom of repeating it.
Chaotic divergence reflects aggressively configured short-term attributes
favoring both bull and bear. Here are a few examples.
ETF#13-EWH-Hongkong endures Force in bearish domains
with negative Pressure. It is a QTI Yellow Bear and NTI Green Bear.
Currently, there is no floor to bearish ambition and underlying forces and
pressure is weak. It is down 13.0% since short-term sell signals on Sep 2,
2011.
ETF#01-QQQ,
on the other hand, still has bullish attributes; albeit under attack. It
is up 2.6%, annualizing at 28.7%, since its Aug 26, 2011 short-term buy
signals.
These conditions also describe the absence of bullish or bearish
unanimity, which is required for cyclical magnitude and breadth. Until
this changes, it is what it is.
The stock market is
without any noticeable desired directional intensity. It is configured to
be entirely reactionary to news and whatever rumors that can be
successfully orchestrated. Avoiding is an appropriate tactic.
Noticeable, though,
are a few Force Vectors creeping northward, offering the stock market bull
some hope. They need to cross above Pressure and into bullish domains
before renewed interest in bullish behavior.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull only for contrarian VIX. It is up
78.8%, annualizing at 455.1%.
The
Near-term Indicant is signaling bear for the eleven major non-contrarian
indices. They are down by an average of 2.4% since their bear signals an
average of 1.7-weeks ago.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
Quick-term Indicant is signaling bull for one major non-contrarian index,
NAS100, including contrarian VIX. Collectively, they are up 39.3% since
their bull signals an average of 6.6-weeks ago. This annualizes at 307.7%.
Yesterday’s report contained an error on duration of bull signals. The
6.6-weeks stated herein is accurate.
The
Quick-term Indicant is signaling bear for ten non-contrarian indices. They
are down by an average of 4.6% since their bear signals an average of
4.0-weeks ago.
The
NAS100 continues with bull signal. It is not yet a QTI Yellow Bear. The
DJU is also not a Yellow Bear. Bearish unanimity remains absent and with
that a dynamic long-lasting bear cannot manifest. Keep in mind, though, those
two indices are the only ones offering argument to bearish desires.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle.
Sep 28-Wed-Moderate
volume on bearish aggression is a meaningless relationship. Therefore,
bearish bias prevails. We need to see some drama here and it remains
absent.
Sep 27-Tue-Volume was
more aggressive today on second consecutive day of solid bullishness, but
still shy of recent magnitude supporting bear.
Sep 26-Mon-Moderate
volume of solid bullish expressions suggests trader reaction, as opposed
to substantive continuations of bullishness at this time.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and no sell signals.
The
Near-term Indicant is signaling hold for seven-ETF’s. They are up by an
average of 16.3% since their buy signals an average of 3.4-weeks ago,
annualizing at 248.6%. The reason performance is high is due to a mild mix
of non-contrarian and contrarian ETF’s, where contrarians, such as VXX,
remain extraordinarily bullish.
The
NTI is avoiding 25-ETF’s. They are down by an average of 4.5% since their
near-term sell signals an average of 2.7-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 7-ETF’s. They are up by an
average of 22.7% since their buy signals an average of 25.1-weeks ago.
This annualizes at 47.0%.
The
Quick-term Indicant is avoiding 25-ETF’s. They are down by an average of
7.5% since the QTI sell signals an average of 5.3-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
9.8% since those sell signals. Price remains below NTI Blue. Force remains
depressed. Those two configured attributes prevent a buy signal.
ETF#11-Gold and Precious Metals
is
up 93.7% 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 $145.87 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $156.22. The Quick-term Indicant will not signal
sell until interaction with QTI Yellow Curve.
The
Near-term Indicant signaled sell last Friday after the market close. It is
down 2.2% since then. Force’s collapsed deep into bearish domains remains
ominous.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 19.5% since that buy signal, annualizing at 115.2%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 4.0% since then,
annualizing at 55.6%.
ETF#31-QID
received a buy signal by the Near-term Indicant after last Friday’s market
closed. Force again climbed into bullish domains, but again weakening, but
holding there. It is down 1.4% since that buy signal. However, the
Quick-term Indicant retained the avoid signal from the Sep 14, 2011 sell
signal. It is up 2.0% since then. It needs to cross above the QTI Yellow
curve to garnish a buy signal.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 45.9% since then, annualizing at 323.7%. It is
up 112.8% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 654.9%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment.
Major ETF Events
Sep 28-Wed-Again no
major events as the stock market was aggressively bearish. Noticeable,
though, are maturing Force Vector cycles and a few are moving back to the
north, offering the stock market bull some hope.
Sep 27-Tue-No major
events. Two consecutive days of bullish behavior means nothing with
negative Force and bearish stock market Pressure with significant
divergence. States of wonderment are no different from tabula rasa.
Sep 26-Mon-No major
events.
Current Strategy-Short-term Indicant-Sep 27, 2011-Chaotic
divergence is being maintained with some ETF’s with solid bearish
configurations, while others are with solid bullish configurations along
the short-term cycle. This is not the time to be an aggressive buyer. The
stock market is currently reactionary and without purpose.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/28/2011
Sep 27, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 18 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The following theme
will be repeated until stock market configurations obsolete it and despite
potential boredom of repeating it.
Chaotic divergence reflects aggressively configured short-term attributes
favoring both bull and bear. Here are a few examples.
ETF#13-EWH-Hongkong endures Force in bearish domains
with negative Pressure. It is a QTI Yellow Bear and NTI Green Bear.
Currently, there is no floor to bearish ambition and underlying forces and
pressure is weak. It is down 9.0% since short-term sell signals on Sep 2,
2011.
ETF#01-QQQ,
on the other hand, still has bullish attributes; albeit under attack. It
is up 4.2%, annualizing at 47.0%, since its Aug 26, 2011 short-term buy
signals.
These conditions also describe the absence of bullish or bearish
unanimity, which is required for cyclical magnitude and breadth. Until
this changes, it is what it is.
The stock market is
without any noticeable desired directional intensity. It is configured to
be entirely reactionary to news and whatever rumors that can be
successfully orchestrated. Avoiding is an appropriate tactic.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull only for contrarian VIX. It is up
63.9%, annualizing at 375.3%.
The
Near-term Indicant is signaling bear for the eleven major non-contrarian
indices. They are down by an average of 0.2% since their bear signals an
average of 1.6-weeks ago.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
Quick-term Indicant is signaling bull for one major non-contrarian index,
NAS100, including contrarian VIX. Collectively, they are up 32.6% since
their bull signals an average of 63.9-weeks ago. This annualizes at
261.0%.
The
Quick-term Indicant is signaling bear for ten non-contrarian indices. They
are down by an average of 2.4% since their bear signals an average of
3.9-weeks ago.
The
NAS100 continues with bull signal. It is not yet a QTI Yellow Bear. The
DJU is also not a Yellow Bear. Bearish unanimity remains absent and with
that a dynamic long-lasting bear cannot manifest.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle.
Sep 27-Tue-Volume was
more aggressive today on second consecutive day of solid bullishness, but
still shy of recent magnitude supporting bear.
Sep 26-Mon-Moderate
volume of solid bullish expressions suggests trader reaction, as opposed
to substantive continuations of bullishness at this time.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and no sell signals.
The
Near-term Indicant is signaling hold for seven-ETF’s. They are up by an
average of 15.0% since their buy signals an average of 3.3-weeks ago,
annualizing at 238.6%. The reason performance is high is due to a mild mix
of non-contrarian and contrarian ETF’s, where contrarians, such as VXX,
remain extraordinarily bullish.
The
NTI is avoiding 25-ETF’s. They are down by an average of 1.9% since their
near-term sell signals an average of 2.5-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 7-ETF’s. They are up by an
average of 23.2% since their buy signals an average of 25.0-weeks ago.
This annualizes at 48.3%.
The
Quick-term Indicant is avoiding 25-ETF’s. They are down by an average of
5.2% since the QTI sell signals an average of 5.2-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
6.8% since those sell signals. Price remains below NTI Blue. Force remains
depressed. Those two configured attributes prevent a buy signal.
ETF#11-Gold and Precious Metals
is
up 99.2% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 35.0%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $145.76 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $160.63.
The
Near-term Indicant signaled sell last Friday after the market close. It is
up 0.5% since then. Force’s collapsed deep into bearish domains is a bit
ominous.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 19.6% since that buy signal, annualizing at 117.3%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 4.1% since then,
annualizing at 58.4%.
ETF#31-QID
received a buy signal by the Near-term Indicant after last Friday’s market
closed. Force again climbed into bullish domains. It is down 4.3% since
that buy signal. However, the Quick-term Indicant retained the avoid
signal from the Sep 14, 2011 sell signal. It is down 1.1% since then. It
needs to cross above the QTI Yellow curve to garnish a buy signal.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 37.0% since then, annualizing at 266.2%. It is
up 99.8% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 589.2%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment.
Major ETF Events
Sep 27-Tue-No major
events. Two consecutive days of bullish behavior means nothing with
negative Force and bearish stock market Pressure with significant
divergence. States of wonderment are no different from tabula rasa.
Sep 26-Mon-No major
events.
Current Strategy-Short-term Indicant-Sep 27, 2011-Chaotic
divergence is being maintained with some ETF’s with solid bearish
configurations, while others are with solid bullish configurations along
the short-term cycle. This is not the time to be an aggressive buyer. The
stock market is currently reactionary and without purpose.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/27/2011
Sep 26, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 17 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The following theme
will be repeated until stock market configurations obsolete it and despite
potential boredom of repeating it.
Chaotic divergence reflects aggressively configured short-term attributes
favoring both bull and bear. Here are a few examples.
ETF#13-EWH-Hongkong endures Force in bearish domains
with negative Pressure. It is a QTI Yellow Bear and NTI Green Bear.
Currently, there is no floor to bearish ambition and underlying forces and
pressure is weak. It is down 10.9% since short-term sell signals on Sep 2,
2011.
ETF#01-QQQ,
on the other hand, still has bullish attributes; albeit under attack. It
is up 3.1%, annualizing at 36.1%, since its Aug 26, 2011 short-term buy
signals.
These conditions also describe the absence of bullish or bearish
unanimity, which is required for cyclical magnitude and breadth. Until
this changes, it is what it is.
The stock market
bear, however, retains advantages.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull only for contrarian VIX. It is up
69.8%, annualizing at 416.5%.
The
Near-term Indicant is signaling bear for the eleven major non-contrarian
indices. They are down by an average of 1.4% since their bear signals an
average of 1.4-weeks ago.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
Quick-term Indicant is signaling bull for one major non-contrarian index,
NAS100, including contrarian VIX. Collectively, they are up 35.1% since
their bull signals an average of 6.4-weeks ago. This annualizes at 287.4%.
The
Quick-term Indicant is signaling bear for ten non-contrarian indices. They
are down by an average of 3.6% since their bear signals an average of
3.8-weeks ago.
The
NAS100 continues with bull signal. It is not yet a QTI Yellow Bear, while
several attributes shifted in favor of a bearish near-term cycle. The DJU
is also not a Yellow Bear, but it endured a bear signal last Thursday.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle.
Sep 26-Mon-Moderate
volume of solid bullish expressions suggests trader reaction, as opposed
to substantive continuations of bullishness at this time.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and no sell signals.
The
Near-term Indicant is signaling hold for seven-ETF’s. They are up by an
average of 15.5% since their buy signals an average of 3.1-weeks ago,
annualizing at 257.8%. The reason performance is high is due to a mild mix
of non-contrarian and contrarian ETF’s, where contrarians, such as VXX,
remain extraordinarily bullish.
The
NTI is avoiding 25-ETF’s. They are down by an average of 3.6% since their
near-term sell signals an average of 2.4-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 7-ETF’s. They are up by an
average of 22.7% since their buy signals an average of 24.8-weeks ago.
This annualizes at 47.5%.
The
Quick-term Indicant is avoiding 25-ETF’s. They are down by an average of
6.6% since the QTI sell signals an average of 5.0-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
8.1% since those sell signals. Price remains below NTI Blue. Force remains
depressed. Those two configured attributes prevent a buy signal.
ETF#11-Gold and Precious Metals
is
up 95.4% 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 $145.64 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $157.38.
The
Near-term Indicant signaled sell last Friday after the market close. It is
down 1.4% since then. Force’s collapsed deep into bearish domains is a bit
ominous.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 21.4% since that buy signal, annualizing at 130.7%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 5.7% since then,
annualizing at 85.1%.
ETF#31-QID
received a buy signal by the Near-term Indicant on Friday after the market
closed. Force again climbed into bullish domains. However, the Quick-term
Indicant retained the avoid signal from the Sep 14, 2011 sell signal. It
is up 1.0% since then. It needs to cross above the QTI Yellow curve to
garnish a buy signal.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 39.7% since then, annualizing at 291.9%. It is
up 103.9% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 623.6%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment.
Major ETF Events
Sep 26-No major
events.
Current Strategy-Short-term Indicant-Sep 26, 2011-Chaotic
divergence is increasing with some ETF’s with solid bearish
configurations, while others are with solid bullish configurations along
the short-term cycle. This is not the time to be an aggressive buyer.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/26/2011
Sep 23, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 16 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The following theme
will be repeated until stock market configurations obsolete it and despite
potential boredom of repeating it.
Chaotic divergence reflects aggressively configured short-term attributes
favoring both bull and bear. Here are a few examples.
ETF#13-EWH-Hongkong endures Force in bearish domains
with negative Pressure. It is a QTI Yellow Bear and NTI Green Bear.
Currently, there is no floor to bearish ambition and underlying forces and
pressure is weak. It is down 10.5% since short-term sell signals on Sep 2,
2011.
ETF#01-QQQ,
on the other hand, still has bullish attributes; albeit under attack. It
is up 1.9%, annualizing at 24.7%, since its Aug 26, 2011 short-term buy
signals.
These conditions also describe the absence of bullish or bearish
unanimity, which is required for cyclical magnitude and breadth. Until
this changes, it is what it is.
The stock market
bear, however, retains significant advantages.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and one new bear.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull only for contrarian VIX. It is up
79.5%, annualizing at 499.7%. The NAS100 Force Vector fell into bearish
domains and below Pressure on Friday with price falling below NTI Blue.
The
Near-term Indicant is signaling bear for ten major non-contrarian indices.
They are down by an average of 3.6% since their bear signals an average of
1.1-weeks ago.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
Quick-term Indicant is signaling bull for one major non-contrarian index,
NAS100, including contrarian VIX. Collectively, they are up 39.4% since
their bull signals an average of 5.9-weeks ago. This annualizes at 345.3%.
The
Quick-term Indicant is signaling bear for ten non-contrarian indices. They
are down by an average of 5.5% since their bear signals an average of
3.3-weeks ago.
The
NAS100 continues with bull signal. It is not yet a Yellow Bear, while
several attributes shifted in favor of a bearish near-term cycle. The DJU
is also not a Yellow Bear, but it endured a bear signal this past
Thursday.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle. That remains absent, albeit with a brief surge in
volume on Sep 14, 2011 that aligned with a strong bullish expression. This
does not obviate a sustainable bull, but most new bull baby steps begin in
this manner. The cycle of suspense and drama ahead of the heart and soul
of bullish seasonality remain incomplete, but recently favoring more
bearish drama.
Sep 23-Fri-Mildly
aggressive volume on mild bullishness offers no evidence of change from a
stock market bear.
Sep 22-Thu-Aggressive
volume on dynamic bearish behavior supports the stock market bear in
addition to the bear/avoid signals.
Sep 21-Wed-Aggressive
volume on significant bearish behavior supports bear/avoid signals.
Sep 20-Tue-Mediocre
volume on a bearishly concluding trading day again offers limited threats
to the short-term stock market bull.
Sep 19-Mon-Moderate
volume, coupled to significant intraday stock market bearish behavior,
does not offer additional threat to underlying short-term bull cycle.
Please read on.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and one sell signal.
The
Near-term Indicant is signaling hold for six-ETF’s. They are up by an
average of 19.3% since their buy signals an average of 3.1-weeks ago,
annualizing at 319.9%. The reason performance is high is due to a mild mix
of non-contrarian and contrarian ETF’s, where contrarians, such as VXX,
remain extraordinarily bullish.
The
NTI is avoiding 24-ETF’s. They are down by an average of 5.5% since their
near-term sell signals an average of 2.0-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 7-ETF’s. They are up by an
average of 23.5% since their buy signals an average of 24.4-weeks ago.
This annualizes at 50.2%.
The
Quick-term Indicant is avoiding 25-ETF’s. They are down by an average of
8.2% since the QTI sell signals an average of 4.6-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
11.4% since those sell signals. Price remains below NTI Blue. Force
remains depressed. Those two configured attributes prevent a buy signal.
ETF#11-Gold and Precious Metals
is
up 98.1% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 34.8%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $145.52 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $159.80.
The
Near-term Indicant signaled sell on Friday after the market closed. GLD
fell by approximately $10/share. Price fell below NTI Green and Force
continues falling deeper in bearish domains. The near-term cycle is
bearish.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 23.4% since that buy signal, annualizing at 150.4%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 7.4% since then,
annualizing at 126.8%. Force and price skyrocketed this past Thursday.
ETF#31-QID
received a buy signal by the Near-term Indicant on Friday after the market
closed. Force again climbed into bullish domains. However, the Quick-term
Indicant retained the avoid signal from the Sep 14, 2011 sell signal. It
is up 3.4% since then. It needs to cross above the QTI Yellow curve to
garnish a buy signal.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 44.7% since then, annualizing at 350.1%. It is
up 111.2% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 702.0%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment.
Major ETF Events
Sep 23-Fri-Same as
yesterday despite Friday’s mild bullish behavior by the overall stock
market.
Sep 22-Thu-The bear
gained more momentum with more bear/sell signals.
Sep 21-Wed-There were
several more sell signals and a few more bear signals.
Sep 20-Tue-Dow
Transports and S&P400 endured near-term bear signals with Force shifting
to the south with negative pressure attracting it.
Sep 19-Mon-Greece is
again in the news and continues to pester the stock market’s bullish
inclinations.
Current Strategy-Short-term Indicant-Sep 23, 2011-Chaotic
divergence is increasing with some ETF’s with solid bearish
configurations, while others are with solid bullish configurations along
the short-term cycle. This is not the time to be an aggressive buyer. The
stock market bear is gaining momentum.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/23/2011
Sep 22, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 15 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The following theme
will be repeated until stock market configurations obsolete it and despite
potential boredom of repeating it.
Chaotic divergence reflects aggressively configured short-term attributes
favoring both bull and bear. Here are a few examples.
ETF#13-EWH-Hongkong endures Force in bearish domains
with negative Pressure. It is a QTI Yellow Bear and NTI Green Bear.
Currently, there is no floor to bearish ambition and underlying forces and
pressure is weak. It is down 12.5% since short-term sell signals on Sep 2,
2011.
ETF#01-QQQ,
on the other hand, still has bullish attributes; albeit under attack. It
is up 0.8%, annualizing at 11.3%, since its Aug 26, 2011 short-term buy
signals.
These conditions also describe the absence of bullish or bearish
unanimity, which is required for cyclical magnitude and breadth. Until
this changes, it is what it is.
Even with bearish
aggression the past few days, the above still holds true. For example, QQQ
remains with a hold signal. Force remains in bullish domains. Its price
remains above NTI Green and Force remains in bullish domains and above
Pressure. It is still up since the buy signal. It is up 0.8%, annualizing
at 11.3%. Therefore, the stock market remains absent of bearish unanimity.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and one new bear.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for one non-contrarian, NAS100, and
contrarian VIX. Collectively, they are up 38.5%, annualizing at 430.7%.
The NAS100 is down 3.3% since the near-term bull signal on Sep 14, 2011.
It still enjoys positive (bullish Pressure) and Force remains in bullish
domains and above Pressure. Therefore, the Near-term Indicant cannot
signal bear for the NAS. Contrarian VIX is up 79.9%, annualized at 504.9%,
since the NTI signaled bull on July 27, 2011. It can enjoy only a few more
days of dynamic bullishness before either flattening or enduring solid
bearish behavior.
The
Near-term Indicant is signaling bear for nine major indices. They are down
by an average of 5.0% since their bear signals an average of 1.1-weeks
ago.
The
Quick-term Indicant signaled no new bulls and two new bears.
The
Quick-term Indicant is signaling bull for one major non-contrarian index,
NAS100, including contrarian VIX. Collectively, they are up 39.1% since
their bull signals an average of 5.8-weeks ago. This annualizes at 351.3%.
The
Quick-term Indicant is signaling bear for eight non-contrarian indices.
They are down by an average of 8.0% since their bear signals an average of
4.0-weeks ago.
The
NAS100 continues with bull signal. It is not yet a Yellow Bear and does
not yet endure bearish attributes along the near-term cycle. The DJU is
also not a Yellow Bear, but it endured a bear signal today.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle. That remains absent, albeit with a brief surge in
volume on Sep 14, 2011 that aligned with a strong bullish expression. This
does not obviate a sustainable bull, but most new bull baby steps begin in
this manner. The cycle of suspense and drama ahead of the heart and soul
of bullish seasonality remain incomplete, but recently favoring more
bearish drama.
Sep 22-Thu-Aggressive
volume on dynamic bearish behavior supports the stock market bear in
addition to the bear/avoid signals.
Sep 21-Wed-Aggressive
volume on significant bearish behavior supports bear/avoid signals.
Sep 20-Tue-Mediocre
volume on a bearishly concluding trading day again offers limited threats
to the short-term stock market bull.
Sep 19-Mon-Moderate
volume, coupled to significant intraday stock market bearish behavior,
does not offer additional threat to underlying short-term bull cycle.
Please read on.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and four sell signals.
The
Near-term Indicant is signaling hold for seven-ETF’s. They are up by an
average of 17.8% since their buy signals an average of 4.1-weeks ago,
annualizing at 224.5%. The reason performance is high is due to a mild mix
of non-contrarian and contrarian ETF’s, where contrarians, such as VXX,
remain extraordinarily bullish.
The
NTI is avoiding 21-ETF’s. They are down by an average of 6.8% since their
near-term sell signals an average of 2.2-weeks ago.
The
Quick-term Indicant generated no buy signals and three sell signals.
The
Quick-term Indicant is signaling hold for 7-ETF’s. They are up by an
average of 24.8% since their buy signals an average of 24.2-weeks ago.
This annualizes at 53.1%.
The
Quick-term Indicant is avoiding 22-ETF’s. They are down by an average of
10.0% since the QTI sell signals an average of 5.1-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
10.4% since those sell signals. Price remains below NTI Blue. Force
remains depressed. Those two configured attributes prevent a buy signal.
ETF#11-Gold and Precious Metals
is
up 109.6% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 38.9%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $145.38 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $169.05.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 12.5% since that buy signal, annualizing at
59.3%. NTI Green is above buy price and the next near-term sell signal
will not occur until price’s interaction with NTI Green and a pathetically
configured Force Vector. GLD contacted NTI Green today. A near-term sell
signal would occur if GLD was not a QTI Red Bull.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 25.7% since that buy signal, annualizing at 168.4%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 9.4% since then,
annualizing at 169.7%. Force and price skyrocketed today.
ETF#31-QID
received a sell signal by the Near-term Indicant and Quick-term Indicant
on Sep 14, 2011. It is up 5.6% since then. That performance occurred
today. There was no buy signal because Force remains in bearish domains
and below Pressure.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 43.3% since then, annualizing at 346.4%. It is
up 109.1% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 701.1%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment. It fell
below NTI Blue last Fri, but bounced north this past Tue.
Major ETF Events
Sep 22-Thu-The bear
gained more momentum with more bear/sell signals.
Sep 21-Wed-There were
several more sell signals and a few more bear signals.
Sep 20-Tue-Dow
Transports and S&P400 endured near-term bear signals with Force shifting
to the south with negative pressure attracting it.
Sep 19-Mon-Greece is
again in the news and continues to pester the stock market’s bullish
inclinations.
Current Strategy-Short-term Indicant-Sep 22, 2011-Chaotic
divergence is increasing with some ETF’s with solid bearish
configurations, while others are with solid bullish configurations along
the short-term cycle. This is not the time to be an aggressive buyer. The
stock market bear is gaining momentum.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/22/2011
Sep 21, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 14 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The following theme
will be repeated until stock market configurations obsolete it and despite
potential boredom of repeating it.
Chaotic divergence reflects aggressively configured short-term attributes
favoring both bull and bear. Here are a few examples.
ETF#13-EWH-Hongkong endures Force in bearish domains
with negative Pressure. It is a QTI Yellow Bear and NTI Green Bear.
Currently, there is no floor to bearish ambition and underlying forces and
pressure is weak. It is down 8.9% since short-term sell signals on Sep 2,
2011.
ETF#01-QQQ,
on the other hand, enjoys solidly bullish attributes. It is up 4.2%,
annualizing at 58.6%, since its Aug 26, 2011 short-term buy signals, while
most other similar ETF’s are expressing excessive timidity, such as
ETF#02-SPY,
in joining QQQ’s aggressive bullish behavior.
These conditions also describe the absence of bullish or bearish
unanimity, which is required for cyclical magnitude and breadth. Until
this changes, it is what it is.
The DJU is not yet
participating in bearish exuberance, adding to this element of stock
market drama and anxiety. This offers the stock market bull hope, but keep
in mind a similar configuration occurred about this time of year in 2008.
Remember, now is a time for not buying and biasing any behavior toward
aggressive selling, except for the noted contrarians, where holding
continues to be profitable.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and four new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for two non-contrarians and
contrarian VIX. Collectively, they are up 20.7%, annualizing at 327.4%.
The
Near-term Indicant is signaling bear for five major indices. They are down
by an average of 3.3% since their bear signals an average of 1.7-weeks
ago.
The
Quick-term Indicant signaled no new bulls and three new bears.
The
Quick-term Indicant is signaling bull for three major non-contrarian
indices, including contrarian VIX. Collectively, they are up 15.5% since
their bull signals an average of 3.3-weeks ago. This annualizes at 245.4%.
The
Quick-term Indicant is signaling bear for five non-contrarian indices.
They are down by an average of 7.8% since their bear signals an average of
6.1-weeks ago.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle. That remains absent, albeit with a brief surge in
volume on Sep 14, 2011 that aligned with a strong bullish expression. This
does not obviate a sustainable bull, but most new bull baby steps begin in
this manner. The cycle of suspense and drama ahead of the heart and soul
of bullish seasonality remain incomplete, but recently favoring more
bearish drama.
Sep 21-Wed-Aggressive
volume on significant bearish behavior supports bear/avoid signals.
Sep 20-Tue-Mediocre
volume on a bearishly concluding trading day again offers limited threats
to the short-term stock market bull.
Sep 19-Mon-Moderate
volume, coupled to significant intraday stock market bearish behavior,
does not offer additional threat to underlying short-term bull cycle.
Please read on.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and five sell signals.
The
Near-term Indicant is signaling hold for eleven-ETF’s. They are up by an
average of 9.4% since their buy signals an average of 2.8-weeks ago,
annualizing at 174.3%. The reason performance is high is due to the mix of
non-contrarian and contrarian ETF’s, where contrarians, such as VXX,
remain extraordinarily bullish.
The
NTI is avoiding 16-ETF’s. They are down by an average of 4.7% since their
near-term sell signals an average of 2.7-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 10-ETF’s. They are up by an
average of 16.3% since their buy signals an average of 17.1-weeks ago.
This annualizes at 49.4%.
The
Quick-term Indicant is avoiding 19-ETF’s. They are down by an average of
8.1% since the QTI sell signals an average of 5.7-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
5.0% since those sell signals. Price remains below NTI Blue. Force remains
depressed. Those two configured attributes prevent a buy signal.
ETF#11-Gold and Precious Metals
is
up 115.2% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 40.9%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $145.14 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $173.59.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 15.5% since that buy signal, annualizing at
74.6%. NTI Green is above buy price and the next near-term sell signal
will not occur until price’s interaction with NTI Green and a pathetically
configured Force Vector. You can see from the chart, GLD appears bent on
contacting NTI Green. Until that happens continue to hold if you bought on
either the near-term or quick-term buy signal.
As
stated most of last week, “of concern is declining Force. Do not be
surprised at GLD falling to NTI Green. Keep in mind, though that NTI
Green, which is now at $170.45 will be at last Tuesday’s price of $176.67
about three to four days from now.” NTI Green is slowing in its growth and
a small variance to prior sentence is now expected.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 21.2% since that buy signal, annualizing at 141.2%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 5.5% since then,
annualizing at 103.6%. Its Force Vector cycle is now in a bearish cycle,
threatening the near-term hold signal, but not yet in bearish domains.
ETF#31-QID
received a sell signal by the Near-term Indicant and Quick-term Indicant
on Sep 14,2011. It is down 0.8% since then. Threatening the avoid signal
is Force’s maturing bearish cycle.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 30.0% since then, annualizing at 245.4%. It is
up 89.6% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 586.7%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment. It fell
below NTI Blue last Fri, but bounced north of it again yesterday. The hold
signals are being threatened with declining Force, but equally supporting
more bullishness here is the maturity of that cycle.
Major ETF Events
Sep 21-Wed-There were
several more sell signals and a few more bear signals.
Sep 20-Tue-Dow
Transports and S&P400 endured near-term bear signals with Force shifting
to the south with negative pressure attracting it.
Sep 19-Mon-Greece is
again in the news and continues to pester the stock market’s bullish
inclinations.
Current Strategy-Short-term Indicant-Sep 21, 2011-Chaotic
divergence is increasing with some ETF’s with solid bearish
configurations, while others are with solid bullish configurations along
the short-term cycle. This is not the time to be an aggressive buyer. The
stock market bear is gaining momentum.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/21/2011
Sep 20, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 13 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The following theme
will be repeated until stock market configurations obsolete it and despite
potential boredom of repeating it.
Chaotic divergence reflects aggressively configured short-term attributes
favoring both bull and bear. Here are a few examples.
ETF#13-EWH-Hongkong endures Force in bearish domains
with negative Pressure. It is a QTI Yellow Bear and NTI Green Bear.
Currently, there is no floor to bearish ambition and underlying forces and
pressure is weak. It is down 5.9% since short-term sell signals on Sep 2,
2011.
ETF#01-QQQ, on the other hand, enjoys solidly bullish attributes. It
is up 6.1% since its Aug 26, 2011 short-term buy signals, while most other
similar ETF’s are expressing excessive timidity, such as
ETF#02-SPY, in joining QQQ’s aggressive bullish behavior.
These conditions also describe the absence of bullish or bearish
unanimity, which is required for cyclical magnitude and breadth. Until
this changes, it is what it is.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and two new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for six non-contrarians and
contrarian VIX. Collectively, they are up 6.4%, annualizing at 192.0%.
The
Near-term Indicant is signaling bear for three major indices. They are up
by an average of 0.6% since their bear signals an average of 2.6-weeks
ago.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
Quick-term Indicant is signaling bull for six major non-contrarian
indices, including contrarian VIX. Collectively, they are up 6.5% since
their bull signals an average of 2.0-weeks ago. This annualizes at 165.9%.
The
Quick-term Indicant is signaling bear for five non-contrarian indices.
They are down by an average of 4.3% since their bear signals an average of
6.0-weeks ago.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle. That remains absent, albeit with a brief surge in
volume on Sep 14, 2011 that aligned with a strong bullish expression. This
does not obviate a sustainable bull, but most new bull baby steps begin in
this manner. The cycle of suspense and drama ahead of the heart and soul
of bullish seasonality remain incomplete.
Sep 20-Tue-Mediocre
volume on a bearishly concluding trading day again offers limited threats
to the short-term stock market bull.
Sep 19-Mon-Moderate
volume, coupled to significant intraday stock market bearish behavior,
does not offer additional threat to underlying short-term bull cycle.
Please read on.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and no sell signals.
The
Near-term Indicant is signaling hold for 16-ETF’s. They are up by an
average of 6.4% since their buy signals an average of 2.1-weeks ago,
annualizing at 162.3%. The reason performance is high is due to the mix of
non-contrarian and contrarian ETF’s, where contrarians, such as VXX,
remain extraordinarily bullish.
The
NTI is avoiding 16-ETF’s. They are down by an average of 1.4% since their
near-term sell signals an average of 2.6-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 13-ETF’s. They are up by an
average of 12.9% since their buy signals an average of 13.2-weeks ago.
This annualizes at 50.9%.
The
Quick-term Indicant is avoiding 19-ETF’s. They are down by an average of
5.0% since the QTI sell signals an average of 5.5-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
0.9% since those sell signals. Price remains below NTI Blue. Force remains
depressed. Those two configured attributes prevent a buy signal.
ETF#11-Gold and Precious Metals
is
up 118.0% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 41.9%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $144.86 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $175.78.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 17.0% since that buy signal, annualizing at
82.7%. NTI Green is above buy price and the next near-term sell signal
will not occur until price’s interaction with NTI Green and a pathetically
configured Force Vector. You can see from the chart, GLD appears bent on
contacting NTI Green. Until that happens continue to hold if you bought on
either the near-term or quick-term buy signal.
As
stated most of last week, “of concern is declining Force. Do not be
surprised at GLD falling to NTI Green. Keep in mind, though that NTI
Green, which is now at $170.16 will be at last Tuesday’s price of $176.67
about four to five days from now.” NTI Green is slowing in its growth and
a small variance to prior sentence is now expected.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 17.3% since that buy signal, annualizing at 117.5%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 2.1% since then,
annualizing at 41.8%. Its Force Vector cycle is now in a bearish cycle,
threatening the near-term hold signal, but not yet in bearish domains.
ETF#31-QID
received a sell signal by the Near-term Indicant and Quick-term Indicant
on Sep 14,2011. It is down 4.1% since then. Threatening the avoid signal
is Force’s maturing bearish cycle.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 23.3% since then, annualizing at 195.0%. It is
up 79.9% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 532.4%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment. It fell
below NTI Blue last Fri, but bounced north of it again today. The hold
signals are being threatened with declining Force.
Major ETF Events
Sep 20-Tue-Dow
Transports and S&P400 endured near-term bear signals with Force shifting
to the south with negative pressure attracting it.
Sep 19-Mon-Greece is
again in the news and continues to pester the stock market’s bullish
inclinations.
Current Strategy-Short-term Indicant-Sep 19, 2011-Chaotic
divergence is increasing with some ETF’s with solid bearish
configurations, while others are with solid bullish configurations along
the short-term cycle. This is not the time to be an aggressive buyer.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/20/2011
Sep 19, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 12 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
The following theme
will be repeated until stock market configurations obsolete it and despite
of potential boredom of repeating it.
Chaotic divergence reflects aggressively configured short-term attributes
favoring both bull and bear. Here are a few examples.
ETF#13-EWH-Hongkong endured Force in bearish domains with negative
Pressure. It is a QTI Yellow Bear and NIT Green Bear. Currently, there is
no floor to bearish ambition and underlying forces and pressure is weak.
It is down 5.5% since short-term sell signals on Sep 2, 2011. ETF#01-QQQ,
on the other hand, enjoys solidly bullish attributes. It is up a whopping
6.5% since its Aug 26, 2011 short-term buy signals, while most other
similar ETF’s are expressing excessive timidity, such as ETF#02-SPY, in
joining QQQ’s aggressive bullish behavior.
These conditions also describe the absence of bullish or bearish
unanimity, which is required for cyclical magnitude and breadth. Until
this changes, it is what it is.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull for several non-contrarians and
contrarian VIX. Collectively, they are up 4.6%, annualizing at 176.4%.
The
Near-term Indicant is signaling bear for three major indices. They are up
by an average of 1.4% since their bear signals an average of 2.4-weeks
ago.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
Quick-term Indicant is signaling bull for two major non-contrarian
indices, including contrarian VIX. Collectively, they are up 6.5% since
their bull signals an average of 1.9-weeks ago. This annualizes at 178.1%.
The
Quick-term Indicant is signaling bear for five non-contrarian indices.
They are down by an average of 3.4% since their bear signals an average of
5.9-weeks ago.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle. That remains absent, albeit with a brief surge in
volume on Sep 14, 2011 that aligned with a strong bullish expression. This
does not obviate a sustainable bull, but most new bull baby steps begin in
this manner. The cycle of suspense and drama ahead of the heart and soul
of bullish seasonality remain incomplete.
Sep 19-Mon-Moderate
volume, coupled to significant intraday stock market bearish behavior,
does not offer additional threat to underlying short-term bull cycle.
Please read on.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and no sell signals.
The
Near-term Indicant is signaling hold for 16-ETF’s. They are up by an
average of 6.3% since their buy signals an average of 2.4-weeks ago,
annualizing at 172.1%. The reason performance is high is due to the mix of
non-contrarian and contrarian ETF’s, where contrarians, such as VXX,
remain extraordinarily bullish.
The
NTI is avoiding 16-ETF’s. They are down by an average of 0.7% since their
near-term sell signals an average of 2.4-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for 13-ETF’s. They are up by an
average of 12.6% since their buy signals an average of 13.1-weeks ago.
This annualizes at 50.1%.
The
Quick-term Indicant is avoiding 19-ETF’s. They are down by an average of
4.4% since the QTI sell signals an average of 5.4-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
0.3% since those sell signals. Force Vectors leveled one week ago,
suggesting mild hope in a bullish bounce. That bullish bounce indeed
occurred. Price crossed above Yellow last Thu and fell below last Fri.
Price remains below NTI Blue. Force remains depressed. Those latter two
attributes prevent a buy signal.
ETF#11-Gold and Precious Metals
is
up 114.9% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 40.9%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $144.57 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $173.31.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 15.3% since that buy signal, annualizing at
75.7%. NTI Green is above buy price and the next near-term sell signal
will not occur until price’s interaction with NTI Green and a pathetically
configured Force Vector. You can see from the chart, GLD appears bent on
contact NTI Green. Until that happens continue to hold if you bought on
the near-term buy signal.
As
stated most of last week, “of concern is declining Force. Do not be
surprised at GLD falling to NTI Green. Keep in mind, though that NTI
Green, which is now at $169.85 will be at last Tuesday’s price of $176.67
about six days from now.” NTI Green is slowing in its growth and a small
variance to prior sentence is now expected.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 16.8% since that buy signal, annualizing at 116.4%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 1.7% since then,
annualizing at 35.2%. Its Force Vector cycle is now in a bearish cycle,
threatening the near-term hold signal, but not yet in bearish domains.
ETF#31-QID
received a sell signal by the Near-term Indicant and Quick-term Indicant
on Sep 14,2011. It is down 5.0% since then.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 23.5% since then, annualizing at 201.1%. It is
up 80.1% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 544.2%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment. It fell
below NTI Blue last Fri, but bounced north of it again today. The hold
signals are being threatened with declining Force.
Major ETF Events
Sep 19-Mon-Greece is
again in the news and continues to pester the stock market’s bullish
inclinations.
Current Strategy-Short-term Indicant-Sep 19, 2011-Chaotic
divergence is increasing with some ETF’s with solid bearish
configurations, while others are with solid bullish configurations along
the short-term cycle. This is not the time to be an aggressive buyer.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/19/2011
Sep 16, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 11 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
As stated this past
Thursday, “short-term attributes are configuring in favor of the stock
market bull. Bullish unanimity remains absent, which is common in the
early stages. It is equally common for bullish spurts. Be ready to sell if
and when signals are triggered.”
Bearish remnants,
such as bearish Pressure and residual Yellow Bears must also expire before
relaxation is allowed.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled two new bulls and no new bears.
Click this sentence to see table leading to the charts.
In
addition to the new bull signals, the Near-term Indicant is signaling bull
for several non-contrarians and contrarian VIX. Collectively, they are up
5.8%, annualizing at 250.8%.
The
Near-term Indicant is signaling bear for three major indices. They are up
by an average of 2.6% since their bear signals an average of 2.0-weeks
ago.
The
Quick-term Indicant signaled three new bulls and no new bears.
The
Quick-term Indicant is signaling bull for two major non-contrarian
indices, including contrarian VIX. Collectively, they are up 10.4% since
their bull signals an average of 2.6-weeks ago. This annualizes at 209.6%.
The
Quick-term Indicant is signaling bear for five non-contrarian indices.
They are down by an average of 2.0% since their bear signals an average of
5.4-weeks ago.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle. That remains absent, albeit with a brief surge in
volume on Sep 14, 2011 that aligned with a strong bullish expression. This
does not obviate a sustainable bull, but most new bull baby steps begin in
this manner. The cycle of suspense and drama are not completed.
Sep 16-Fri-Volume was
up significantly on mild bullishness. That is supportive of the short-term
stock market bull cycle. Next week’s behavior will offer more evidence of
substance in previous sentence.
Sep 15-Thu-Average
volume on strong bullishness is okay, but leaving mild elements of
suspicion regarding recent bullish behavior.
Sep 14-Wed-Volume was
aggressive on today’s bullish stock market behavior. That bodes well for
the stock market bull to overcome the bear.
Sep 13-Tue-Below
average volume with passive bullishness does not suggest this bullishness
is continuing.
Sep 12-Mon-Average
volume on closing mild bullishness with significant intraday volatility is
not supportive of the bull’s intrusion on bearish dominance.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated four buy signals and no sell signals.
The
Near-term Indicant is signaling hold for 12-ETF’s. They are up by an
average of 8.7% since their buy signals an average of 2.0-weeks ago,
annualizing at 230.0%.
The
NTI is avoiding 16-ETF’s. They are up by an average of 1.2% since their
near-term sell signals an average of 2.0-weeks ago.
The
Quick-term Indicant generated two buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for eleven-ETF’s. They are up by an
average of 15.1% since their buy signals an average of 14.9-weeks ago.
This annualizes at 52.7%.
The
Quick-term Indicant is avoiding 19-ETF’s. They are down by an average of
2.6% since the QTI sell signals an average of 5.0-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is up
1.3% since those sell signals. Force Vectors leveled last Monday,
suggesting mild hope in a bullish bounce. That bullish bounce indeed
occurred. Price crossed above Yellow last Thu and fell below on Fri. Price
remains below NTI Blue. Force remains depressed. Those latter two
attributes prevent a buy signal.
ETF#11-Gold and Precious Metals
is
up 118.3% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 42.2%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $144.28 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $176.03.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 17.2% since that buy signal, annualizing at
88.2%. NTI Green is above buy price and the next near-term sell signal
will not occur until price’s interaction with NTI Green and a pathetically
configured Force Vector.
Of
concern is declining Force. Do not be surprised at GLD falling to NTI
Green. Keep in mind, though that NTI Green, which is now at $169.45 will
be at last Tuesday’s price of $176.67 about seven days from now.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 14.6% since that buy signal, annualizing at 107.4%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is down 0.2% since
then. Its Force Vector cycle is now in a bearish cycle, threatening the
near-term hold signal.
ETF#31-QID
received a sell signal by the Near-term Indicant and Quick-term Indicant
on Sep 14,2011. It is down 4.8% since then.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 19.5% since then, annualizing at 179.7%. It is
up 74.3% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 534.9%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment. It fell
below NTI Blue today and the hold signal are being threatened with
declining Force and loss of NTI Blue Bull status.
Major ETF Events
Sep 16-Fri-Stock
market’s bullish Force continues to climb and more prices continue
crossing above critical values of NTI Bullish Blue and QTI Bearish Yellow
curves. This triggered more short-term bull/buy signals.
Sep 15-Thu-More
indices and ETF’s configured for bullish support. Several remain shy of
doing so. Bullish consensus is absent.
Sep 14-Wed-The NY 9th
Congressional District elected a republican congressmen for the first time
ever. This will only heighten Washington DC gridlock and that is bullish.
Technically, though, the bear is not quite dead on a short-term or
mid-term basis.
Sep 13-Tue-Stock
market Force Vectors continued their movement to the north. This threatens
the bear, but mildly so at this point, as most prices remain in near-term
neutrality (between Blue and Green curves).
One ETF, IBB,
received buy signals as it qualified with price above NTI Blue and Force
shifting north in bullish domains.
Sep 12-Mon-Force
Vectors discontinued their decline. That does not mean reversal, but
suggests potential relief from the bear. Prices, for the most part, are
hovering in near-term neutrality, which is between Near-term blue and
green.
Current Strategy-Short-term Indicant-Sep 16, 2011-Force
Vectors continue their embryonic movement to the north. Keep in mind
these cycles are short, lasting on average of 4 to 8-days. Until Force
Vectors shift above Pressure and into bullish domains with prices topping
the NTI blue curves, the bear will continue to pester. The bullish
attributes continue to occur, but bullish unanimity remains absent and
Pressure remains in bearish domains. Until those bearish remnants expire,
be ready to react to a resurgence in domination by the stock market bear.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/16/2011
Sep 15, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 10 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Short-term attributes
are configuring in favor of the stock market bull. Consequently, there
were a few more buy and bull signals today. Unanimity remains absent,
which is common in the early stages. It is equally common for bullish
spurts. Be ready to sell if and when signals are triggered.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled four new bulls and no new bears.
Click this sentence to see table leading to the charts.
In
addition to the new bull signals, the Near-term Indicant is signaling bull
for two non-contrarians and contrarian VIX. Collectively, they are up
14.1%, annualizing at 296.2%.
The
Near-term Indicant is signaling bear for five major indices. They are up
by an average of 2.5% since their bear signals an average of 1.9-weeks
ago.
The
Quick-term Indicant signaled one new bull and no new bears.
The
Quick-term Indicant is signaling bull for two major non-contrarian
indices, including contrarian VIX. Collectively, they are up 14.5% since
their bull signals an average of 3.2-weeks ago. This annualizes at 233.5%.
The
Quick-term Indicant is signaling bear for eight non-contrarian indices.
They are down by an average of 0.8% since their bear signals an average of
5.0-weeks ago.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle. That remains absent, albeit with a brief surge in
volume on Sep 14, 2011 that aligned with a strong bullish expression. This
does not obviate a sustainable bull, but most new bull baby steps begin in
this manner.
Sep 15-Thu-Average
volume on strong bullishness is okay, but leaving mild elements of
suspicion regarding recent bullish behavior.
Sep 14-Wed-Volume was
aggressive on today’s bullish stock market behavior. That bodes well for
the stock market bull to overcome the bear.
Sep 13-Tue-Below
average volume with passive bullishness does not suggest this bullishness
is continuing.
Sep 12-Mon-Average
volume on closing mild bullishness with significant intraday volatility is
not supportive of the bull’s intrusion on bearish dominance.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated six buy signals and no sell signals.
The
Near-term Indicant is signaling hold for six-ETF’s. They are up by an
average of 17.0% since their buy signals an average of 3.7-weeks ago,
annualizing at 241.8%.
The
NTI is avoiding 20-ETF’s. They are up by an average of 1.5% since their
near-term sell signals an average of 1.7-weeks ago.
The
Quick-term Indicant generated four buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for seven-ETF’s. They are up by an
average of 23.2% since their buy signals an average of 23.2-weeks ago.
This annualizes at 51.9%.
The
Quick-term Indicant is avoiding 21-ETF’s. They are down by an average of
2.1% since the QTI sell signals an average of 4.4-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is flat
since those sell signals. Force Vectors leveled last Monday, suggesting
mild hope in a bullish bounce. That bullish bounce indeed occurred. Price
crossed above Yellow today, but still shy of NTI Blue. Force remains
depressed.
ETF#11-Gold and Precious Metals
is
up 116.2% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 41.5%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $143.99 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $174.40.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 16.1% since that buy signal, annualizing at
83.9%. NTI Green is above buy price and the next near-term sell signal
will not occur until price’s interaction with NTI Green and a pathetically
configured Force Vector.
Of
concern is declining Force. Do not be surprised at GLD falling to NTI
Green. Keep in mind, though that NTI Green, which is now at $169.17 will
be at last Tuesday’s price of $176.67 about eight days from now.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 13.8% since that buy signal, annualizing at 103.5%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is down 1.0% since
then. Its Force Vector cycle is now in a bearish cycle, threatening the
near-term hold signal.
ETF#31-QID
received a sell signal by the Near-term Indicant and Quick-term Indicant
yesterday. It is down 3.1% since then.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 21.9% since then, annualizing at 207.0%. It is
up 77.8% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 571.4%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment. It fell
below NTI Blue today and the hold signal is being threatened.
Major ETF Events
Sep 15-Thu-More
indices and ETF’s configured for bullish support. Several remain shy of
doing so. Bullish consensus is absent.
Sep 14-Wed-The NY 9th
Congressional District elected a republican congressmen for the first time
ever. This will only heighten Washington DC gridlock and that is bullish.
Technically, though, the bear is not quite dead on a short-term or
mid-term basis.
Sep 13-Tue-Stock
market Force Vectors continued their movement to the north. This threatens
the bear, but mildly so at this point, as most prices remain in near-term
neutrality (between Blue and Green curves).
One ETF, IBB,
received buy signals as it qualified with price above NTI Blue and Force
shifting north in bullish domains.
Sep 12-Mon-Force
Vectors discontinued their decline. That does not mean reversal, but
suggests potential relief from the bear. Prices, for the most part, are
hovering in near-term neutrality, which is between Near-term blue and
green.
Current Strategy-Short-term Indicant-Sep 15, 2011-Force
Vectors continue their embryonic movement to the north. Keep in mind
these cycles are short, lasting on average of 4 to 8-days. Until Force
Vectors shift above Pressure and into bullish domains with prices topping
the NTI blue curves, the bear will continue to pester. Some ETF’s and most
indices have qualified and appropriately received short-term buy and bull
signals.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/15/2011
Sep 14, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 09 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Qualitatively, the
election of a congressional republican in New York’s ninth congressional
district added one more no vote to executive branch overtures. The excited
the stock market bull. Some news reports stated this is the first time
ever a republican has represented that district.
Interestingly, many
international ETF’s did not participate in today’s bullish stock market.
That is because the bull was inspired by a domestic change; the election
of an additional naysayer to congress. Gridlock between the executive and
legislative branches should be bullish.
However, the stock
market bear has not yet expired on along the short-term cycle. Although
today’s stock market bullishness was impressive, it lacked breadth. For
example, several international ETF’s did not participate. Exogenous events
can still feed the stock market bear in spite of today’s bullish
exhilaration at a historical election.
There were a few new
short-term bull and buy signals today. They were triggered by prices
climbing above NTI Blue and/or QTI Yellow with rising Force above Pressure
and into bullish domains. They are discussed below.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled two new bulls and no new bears.
Click this sentence to see table leading to the charts.
In
addition to the new bull signals, the Near-term Indicant is signaling bull
solely for contrarian VIX, which is up 50.6% since its bull signal
7.0-weeks ago, annualizing at 375.6%.
The
Near-term Indicant is signaling bear for nine major indices. They are up
by an average of 1.3% since their bear signals an average of 1.6-weeks
ago.
The
Quick-term Indicant signaled one new bull and no new bears.
The
Quick-term Indicant is signaling bull for two major indices, contrarian
VIX and non-contrarian NAS100. Collectively, they are up 25.9% since their
bull signals an average of 4.6-weeks ago. This annualizes at 290.4%. The
NASDAQ100 retains a mild bullish configuration, but improving, along the
quick-term cycle. The NASDAQ abandoned its Yellow Bear status today,
joining the NAS100 with this distinction.
The
Quick-term Indicant is signaling bear for nine non-contrarian indices.
They are down by an average of 2.2% since their bear signals an average of
4.4-weeks ago.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle. That remains absent, albeit with a brief surge in
volume on Sep 14, 2011 that aligned with a strong bullish expression. This
does not obviate a sustainable bull, but most new bull baby steps begin in
this manner.
Sep 14-Wed-Volume was
aggressive on today’s bullish stock market behavior. That bodes well for
the stock market bull to overcome the bear.
Sep 13-Tue-Below
average volume with passive bullishness does not suggest this bullishness
is continuing.
Sep 12-Mon-Average
volume on closing mild bullishness with significant intraday volatility is
not supportive of the bull’s intrusion on bearish dominance.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated one buy signal and one sell signal.
The
Near-term Indicant is signaling hold for five-ETF’s. They are up by an
average of 22.2% since their buy signals an average of 4.2-weeks ago,
annualizing at 272.5%.
The
NTI is avoiding 25-ETF’s. They are up by an average of 0.4% since their
near-term sell signals an average of 1.6-weeks ago.
The
Quick-term Indicant generated one buy signal and one sell signal.
The
Quick-term Indicant is signaling hold for six-ETF’s. They are up by an
average of 28.1% since their buy signals an average of 27.0-weeks ago.
This annualizes at 54.2%.
The
Quick-term Indicant is avoiding 24-ETF’s. They are down by an average of
2.7% since the QTI sell signals an average of 4.0-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is flat
since those sell signals. Force Vectors leveled last Monday, suggesting
mild hope in a bullish bounce. That bullish bounce indeed occurred, but
Force again shifted south today.
ETF#11-Gold and Precious Metals
is
up 119.7% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 42.8%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $143.70 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $177.21.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 17.9% since that buy signal, annualizing at
95.0%. NTI Green is above buy price and the next near-term sell signal
will not occur until price’s interaction with NTI Green and a pathetically
configured Force Vector.
Of
concern is declining Force. Do not be surprised at GLD falling to NTI
Green. Keep in mind, though that NTI Green, which is now at $168.92 will
be at last Tuesday’s price of $176.67 about eight days from now.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 15.6% since that buy signal, annualizing at 119.2%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 0.6% since then.
Its Force Vector cycle is bullishly mature and thus mildly threatening to
the near-term hold signal.
ETF#31-QID
received a sell signal by the Near-term Indicant and Quick-term Indicant
today with an approximate 8% loss, after commissions. As stated on Sep 2,
2011, do not be surprised at it exceeding $60 within ten days. Although
that remains possible, current configurations are not supportive of that
forecast. We rarely forecast and you can see why. Its NTI bullish blue
curve collapsed today with declining Force from within bearish domains.
Its high pressure, which contributed to the forecast has a leak now. You
can see that Force climbed northward and at the interface with Pressure
bullish domains, it retreated back to the south. This is a bearish
configuration.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 28.2% since then, annualizing at 274.7%. It is
up 87.1% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 653.1%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment. Contrary to
QID, it remains an NTI Blue Bull, a QTI Red Bull, and Force remains above
Pressure in bullish domains.
Major ETF Events
Sep 14-Wed-The NY 9th
Congressional District elected a republican congressmen for the first time
ever. This will only heighten Washington DC gridlock and that is bullish.
Technically, though, the bear is not quite dead on a short-term or
mid-term basis.
Sep 13-Tue-Stock
market Force Vectors continued their movement to the north. This threatens
the bear, but mildly so at this point, as most prices remain in near-term
neutrality (between Blue and Green curves).
One ETF, IBB,
received buy signals as it qualified with price above NTI Blue and Force
shifting north in bullish domains.
Sep 12-Mon-Force
Vectors discontinued their decline. That does not mean reversal, but
suggests potential relief from the bear. Prices, for the most part, are
hovering in near-term neutrality, which is between Near-term blue and
green.
Current Strategy-Short-term Indicant-Sep 14, 2011-Force
Vectors continue their embryonic movement to the north. Keep in mind
these cycles are short, lasting on average of 4 to 8-days. Until Force
Vectors shift above Pressure and into bullish domains with prices topping
the NTI blue curves, the bear will continue to pester. Some ETF’s have
qualified and appropriately received short-term buy signals.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/14/2011
Sep 13, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 08 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
With the exception of
the
Dow Utilities and
NAS100, the remaining non-contrarian major indices are Yellow Bears.
These bears are under a mild threat. Force Vectors are rising. These major
indices have not yet crossed their Near-term Blue Curves. Thus, the reason
for classifying the threat to the short-term bear as mild and thus no bull
signals.
However, buy signals
by the
QTI and NTI for ETF#10-IBB were triggered today. Price crossed above
NTI Blue with Force shifting north from within bullish domains and
significantly higher than Pressure. It is also not a Yellow Bear. Another
pestering ETF to the stock market bear is
ETF#01-QQQ. It is the only non-contrarian that did not receive a sell
signal after the late August bullish spurt.
These two ETF’s, the
Dow Utilities, and the NASDAQ100 are configuring with attributes capable
of challenging the stock market bear. Keep in mind a stock market bull
will require much more support than that. If more ETF’s and a indices show
similar support for the stock market bull, then the current bear will
expire.
The paradox remains.
The presidential pre-election year is the most bullish of the four years
along that cycle. The stock market is down for the year and it has not
finished a pre-election year, bearishly, since 1939. September is the most
bearish month because political leadership returns from vacation howling
and barking more loudly than normal. So, we are officially contained in
the bearish seasonality period, during the most bullish year along the
election cycle. Political barking is louder than normal and that has a
depressing effect on the stock market bull.
Politicians typically
cause stock market bearishness in September. Political chitchat remains
high and that always threatens the capital markets. The Federal Reserve is
believed to be preparing to rescue with QE3, which should trigger a
bullish response, but not necessarily a sustainable stock market bull. The
political elite will continue applying band aides to multiple fractures.
There is a conflict between vote-getting measures and doing what is right,
the latter of which is never a consideration for a variety of reasons.
Find solace that hundreds of elites in prior cultures eventually met the
fate deserving of those who are wrong.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull solely for contrarian VIX, which is
up 60.8% since its bull signal 6.9-weeks ago, annualizing at 461.0%.
The
Near-term Indicant is signaling bear for ten major indices. They are up by
an average of 0.3% since their bear signals an average of 1.5-weeks ago.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
Quick-term Indicant is signaling bull for two major indices, contrarian
VIX and non-contrarian NAS100. Collectively, they are up 30.3% since their
bull signals an average of 4.5-weeks ago. This annualizes at 350.4%. The
NASDAQ100 retains a mild bullish configuration along the quick-term cycle.
The
Quick-term Indicant is signaling bear for ten non-contrarian indices. They
are down by an average of 3.0% since their bear signals an average of
4.0-weeks ago.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains. That cyclical robustness coincides
with bearish aggression, supporting bearish bias. Sustainable bullish
behavior requires robustness in conjunction with bullish attributes along
the short-term cycle. That remains absent.
Sep 13-Tue-Below
average volume with passive bullishness does not suggest this bullishness
is continuing.
Sep 12-Mon-Average
volume on closing mild bullishness with significant intraday volatility is
not supportive of the bull’s intrusion on bearish dominance.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated one buy signal and no sell signals.
The
Near-term Indicant is signaling hold for five-ETF’s. They are up by an
average of 21.7% since their buy signals an average of 4.4-weeks ago,
annualizing at 256.2%.
The
NTI is avoiding 26-ETF’s. They are down by an average of 0.6% since their
near-term sell signals an average of 1.5-weeks ago.
The
Quick-term Indicant generated one buy signal and no sell signals.
The
Quick-term Indicant is signaling hold for six-ETF’s. They are up by an
average of 27.4% since their buy signals an average of 27.1-weeks ago.
This annualizes at 52.6%.
The
Quick-term Indicant is avoiding 25-ETF’s. They are down by an average of
3.5% since the QTI sell signals an average of 3.8-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
1.3% since those sell signals. Force Vectors leveled yesterday, suggesting
mild hope in a bullish bounce.
ETF#11-Gold and Precious Metals
is
up 121.4% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 43.4%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $143.42 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $178.54.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 18.8% since that buy signal, annualizing at
101.2%. NTI Green is above buy price and the next near-term sell signal
will not occur until price’s interaction with NTI Green and a pathetically
configured Force Vector.
Of
concern is declining Force. Do not be surprised at GLD falling to NTI
Green. Keep in mind, though that NTI Green, which is now at $168.65 will
be at current price of $176.67 about nine days from now.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 14.6% since that buy signal, annualizing at 114.2%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is down 0.3% since
then. Its Force Vector cycle is bullishly mature and thus mildly
threatening the Force Vector cycle.
ETF#31-QID
received a buy signal by the Near-term Indicant and Quick-term Indicant on
Sep 2, 2011. It is down 5.2% since those buy signals. As stated on Sep 2,
2011, do not be surprised at it exceeding $60 within ten days. Now, that
is three days. It closed at $50.99 today. Unfortunately, its Force Vector
fell into bearish domains yesterday by a microscopic amount, and not
threatening that forecast of $60. Force moved more deeply to the south
offering increased threats to that forecast. Sell signals will occur when
price interacts with NTI Green, which is at $49.99.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 31.8% since then, annualizing at 318.3%. It is
up 92.3% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 707.2%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment.
Major ETF Events
Sep 13-Tue-Stock
market Force Vectors continued their movement to the north. This threatens
the bear, but mildly so at this point, as most prices remain in near-term
neutrality (between Blue and Green curves).
One ETF, IBB, received buy signals as it qualified with price above
NTI Blue and Force shifting north in bullish domains.
Sep 12-Mon-Force
Vectors discontinued their decline. That does not mean reversal, but
suggests potential relief from the bear. Prices, for the most part, are
hovering in near-term neutrality, which is between Near-term blue and
green.
Current Strategy-Short-term Indicant-Sep 13, 2011-Force
Vectors continue their embryonic movement to the north. Keep in mind
these cycles are short, lasting on average of 4 to 8-days. Until Force
Vectors shift above Pressure and into bullish domains with prices topping
the NTI blue curves, the bear will continue to pester.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/13/2011
Sep 12, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 07 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
Force Vector declines
were arrested today. Some even moved slightly to the north. Contrarians,
such as QID and VXX were inconsistent. QID, which moves inversely to QQQ,
endured Force dropping into bearish domains. VXX, on the other hand,
enjoyed Force’s continued movement to the north. QQQ’s Force decline
stopped today, which was consistent with most of the non-contrarian ETF’s.
This change in Force
did not trigger any signals. It is a microscopic change. Prices remain in
near-term neutrality. That is, prices, for the most part, reside between
the near-term blue curve and near-term green curve. That attribute is
causation for doing nothing. Prices will need to cross above the near-term
bullish blue curve before triggering buy signals.
The paradox remains.
The presidential pre-election year is the most bullish of the four years
along that cycle. The stock market is down for the year and it has not
finished a pre-election year, bearishly, since 1939. September is the most
bearish month because political leadership returns from vacation howling
and barking more loudly than normal. So, we are officially contained in
the bearish seasonality period, during the most bullish year along the
election cycle. Political barking is louder than normal and that has a
depressing effect on the stock market bull.
Politicians typically
cause stock market bearishness in September. Political chitchat remains
high and that always threatens the capital markets. The Federal Reserve is
believed to be preparing to rescue with QE3, which will should trigger a
bullish response, but not necessarily a sustainable stock market bull. The
political elite will continue applying band aides to multiple fractures.
There is a conflict between vote-getting measures and doing what is right,
the latter of which is never a consideration for a variety of reasons.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull solely for contrarian VIX, which is
up 67.9% since its bull signal 6.7-weeks ago, annualizing at 526.1%.
The
Near-term Indicant is signaling bear for ten major indices. They are down
by an average of 1.0% since their bear signals an average of 1.4-weeks
ago.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
Quick-term Indicant is signaling bull for two major indices, contrarian
VIX and non-contrarian NAS100. Collectively, they are up 33.2% since their
bull signals an average of 4.4-weeks ago. This annualizes at 396.7%. The
NASDAQ100 retains a mild bullish configuration along the quick-term cycle.
The
Quick-term Indicant is signaling bear for ten non-contrarian indices. They
are down by an average of 4.2% since their bear signals an average of
3.9-weeks ago.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains and accelerating in that
configuration. That robustness coincides with bearish aggression. That
adds to bearish bias. Sustainable bullish behavior requires robustness in
conjunction with bullish attributes along the short-term cycle. That
remains absent.
Sep 12-Mon-Average
volume on closing mild bullishness with significant intraday volatility is
not supportive of the bull’s intrusion on bearish dominance.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and no sell signals.
The
Near-term Indicant is signaling hold for five-ETF’s. They are up by an
average of 22.3% since their buy signals an average of 4.3-weeks ago,
annualizing at 272.3%.
The
NTI is avoiding 27-ETF’s. They are down by an average of 1.3% since their
near-term sell signals an average of 1.3-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for six-ETF’s. They are up by an
average of 27.6% since their buy signals an average of 26.9-weeks ago.
This annualizes at 53.2%.
The
Quick-term Indicant is avoiding 26-ETF’s. They are down by an average of
4.1% since the QTI sell signals an average of 3.5-weeks ago.
Contrarian Funds
ETF#03-Natural Resources.
The
Near-term and Quick-term Indicant signaled sell on Sep 2, 2011. It is down
1.5% since those sell signals. Force Vectors leveled today, suggesting
mild hope in a bullish bounce.
ETF#11-Gold and Precious Metals
is
up 119.1% since the QTI signaled buy on December 11, 2008. Annualized
growth is at 42.6%. Bearish yellow is a good price to set stop losses for
a longer-term hold position, which is at $143.14 and still rising.
Relaxation is in order since your buy price approximates $80.65 versus
today’s closing price of $176.67.
The
Near-term Indicant signaled buy on Jul 8, 2011, as Force penetrated
bullish domains. It is up 17.6% since that buy signal, annualizing at
95.9%. NTI Green is above buy price and the next near-term sell signal
will not occur until price’s interaction with NTI Green and a pathetically
configured Force Vector.
Of
concern is declining Force. Do not be surprised at GLD falling to NTI
Green. Keep in mind, though that NTI Green, which is now at $168.35 will
be at current price of $176.67 about ten days from now.
Click this sentence for additional charting and current forecasting of the
actual price of gold.
All
prior comments in this section remain in effect, but eliminated here for
brevity purposes. You will be notified when and if such commentary
requires adjustment.
ETF#14-TLT-Long Government
received a buy signal on Fri, Jul 29, 2011 from the Quick-term Indicant
model. It is up 16.2% since that buy signal, annualizing at 130.0%. The
Near-term Indicant signaled buy on Sep 2, 2011. It is up 1.2% since then.
Its Force Vector cycle is bullishly mature and thus mildly threatening the
Force Vector cycle.
ETF#31-QID
received a buy signal by the Near-term Indicant and Quick-term Indicant on
Sep 2, 2011. It is down 2.7% since those buy signals. As stated on Sep 2,
2011, do not be surprised at it exceeding $60 within ten days. Now, that
is five days. It closed at $52.35 today. Unfortunately, its Force Vector
fell into bearish domains today by a microscopic amount, and not yet
threatening that forecast of $60.
The
Quick-term signaled buy for
ETF#32-VXX
on Aug 8, 2011. It is up 33.0% since then, annualizing at 339.2%. It is
up 94.0% since the Near-term Indicant signaled buy on Jul 28, 2011,
annualizing at 735.7%. This ETN will be abandoned once the stock market
stabilizes, as its tracking to VIX is unreliable. However, current
performance levels suggest some difficulty in its abandonment.
Major ETF Events
Sep 12-Mon-Force
Vectors discontinued their decline. That does not mean reversal, but
suggests potential relief from the bear. Prices, for the most part, are
hovering in near-term neutrality, which is between Near-term blue and
green.
Current Strategy-Short-term Indicant-Sep 12, 2011-Force
Vectors stopped their fall. Keep in mind these cycles are short, lasting
on average of 4 to 8-days. Until Force Vectors shift above Pressure and
into bullish domains with prices topping the NTI blue curves, the bear
will continue to pester.
Reverse Tangential Projections
Click this sentence to the table,
highlighting RTP’s (Reverse Tangential Projections).
The values and magnitudes are expressed in the table on the website.
Keep
in mind there is 100% confidence in these bearish projections. The problem
is not knowing when. The stock market is now in the heart and soul of
bullish seasonality. The bear will have difficulty manifesting with the
shifting political cycles.
Click the
Short-term Indicant
to see the combined table of the Near-term Indicant, Quick-term, and
Short-term Indicant. The table has links to charts for each. Each chart
contains all three models and there are two separate buy and sell signals
for the Near-term and/or Quick-term Indicant.
The
tour is still being developed, but most of you are now familiar with the
Near-term bull/bear cycles as well as the tangential protections and
reverse tangential bearish detectors.
Click
Quick-term Indicant, Near-term, and Short-term for all 31-ETF’s.
Other links:
Short-term Indicant for DJIA and NASDAQ
Short-term Indicant Tables for the Dow Jones Industrial Average Index
Short-term Indicant Table for the NASDAQ Composite Index
Indicant Volume Indicator
Near-term, Quick-term, and Short-term Indicant for Major Indices
Happy Investing,
Indicant.Net
www.indicant.net
09/12/2011
Sep 09, 2011 Indicant Daily Stock Market Report
Volume 09, Issue 06 ISSN 1526 6516 QT/ST
©
The Indicant Stock Market Report
Short-term Indicant Stock Market Report - Summary
As stated everyday
this past week, “Force Vectors continue falling. Pressure remains in
bearish domains. Until Force reverses direction, the stock market bear has
the edge.”
The paradox remains.
The presidential pre-election year is the most bullish. The stock market
is down for the year and it has not finished a pre-election year,
bearishly, since 1939. September is the most bearish month because
political leadership returns from vacation howling and barking a bit more
loudly than normal. So, we are officially contained in the bearish
seasonality period, during the most bullish year along the election cycle.
As stated most of
this week, “assuming Force Vectors fall below Pressure and into bearish
domains, which is supported by statistically significant probabilities, it
is just a matter of waiting for the next bullish cycle. This will be
closely monitored. Keep in mind the heart and soul of bullish seasonality
does not officially start for about five to six more weeks. It usually has
to wait and confirm political chit-chat is benign. There is considerable
variation around this cyclical start and is usually identified with a
sharp rise in Force with Pressure propelling into bullish domains. So,
that is what we are looking for and preferably with some volume support.”
On Friday, volume was
up on dynamic bearishness and Force Vectors dipped into bearish domains.
The current Force Vector cycle is maturing. Its behavior will be very
interesting once it shifts back to the north.
Near-term, Quick-term, Short-term Indicant Stock Market Details
Index Report Card Summary
The
Near-term Indicant signaled no new bulls and no new bears.
Click this sentence to see table leading to the charts.
The
Near-term Indicant is signaling bull solely for contrarian VIX, which is
up 67.6% since its bull signal 6.3-weeks ago, annualizing at 559.4%.
The
Near-term Indicant is signaling bear for ten major indices. They are down
by an average of 1.6% since their bear signals an average of 0.9-weeks
ago.
The
Quick-term Indicant signaled no new bulls and no new bears.
The
Quick-term Indicant is signaling bull for two major indices, contrarian
VIX and non-contrarian NAS100. Collectively, they are up 32.5% since their
bull signals an average of 3.9-weeks ago. This annualizes at 429.6%. The
NASDAQ100 retains a mild bullish configuration along the quick-term cycle.
The
Quick-term Indicant is signaling bear for ten non-contrarian indices. They
are down by an average of 4.7% since their bear signals an average of
3.5-weeks ago.
Indicant Volume Indicators
Both major indices
are robustly in high interest domains and accelerating in that
configuration. That robustness coincides with bearish aggression. That
adds to bearish bias. Sustainable bullish behavior requires robustness in
conjunction with bullish attributes along the short-term cycle. That
remains absent.
Sep 9-Fri-Aggressive
volume on dynamic bearish behavior supports the prevailing stock market
bear.
Sep 8-Thu-Average
volume on bearish aggression remains supportive of the stock market bear.
Sep 7-Wed-Average
volume on bullish aggression is not enough to stimulate the bull to
dominate.
Sep 6-Tue-Slightly
aggressive volume, coupled with bearish behavior adds to bearish bias
along the short-term cycle in spite of strong bullish behavior before the
close.
Short-term ETF Report Card, Status, and Charts
The
Near-term Indicant generated no buy signals and four sell signals.
The
Near-term Indicant is signaling hold for five-ETF’s. They are up by an
average of 22.7% since their buy signals an average of 3.8-weeks ago,
annualizing at 308.7%.
The
NTI is avoiding 23-ETF’s. They are down by an average of 2.1% since their
near-term sell signals an average of 1.1-weeks ago.
The
Quick-term Indicant generated no buy signals and no sell signals.
The
Quick-term Indicant is signaling hold for six-ETF’s. They are up by an
average of 28.3% since their buy signals an average of 26.5-weeks ago.
This annualizes at 55.5%.
The
Quick-term Indicant is avoiding 22-ETF’s. They are down by an