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September Quick-term and Short-term Indicant Updates

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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