Which Index is holding above a support ?

TweetThere is only one Index above its support line? If you look at the Institutional Index, the NYA Index, the SPY, the NDX, and the IWM, only the NDX is still remaining above its peak level of 2014 (see the posted chart below.) That does not represent a strong market on the longer term, so […]

There is only one Index above its support line?

TweetThere is only one Index above its support line? If you look at the Institutional Index, the NYA Index, the SPY, the NDX, and the IWM, only the NDX is still remaining above its peak level of 2014 (see the posted chart below.) That does not represent a strong market on the longer term, so […]

Only one of these 5 indexes is still above its support line …

TweetAs today’s chart shows, there is only one index that is still above its support line (the NDX).  As today’s chart shows, the Institutional Index, the NYA Index, the SPY, and the IWM were all below their support lines. This is a high risk condition where the options market currently thinks that that can start […]

Take a look at the main indexes relative to each other …

TweetAn Index Comparison … This morning we will take a look at the main indexes relative to each other at the close yesterday. At yesterday’s close, the Institutional Index of “core holdings”, the SPY, and the NDX/QQQ were still above their support lines. The NYA index and the IWM were below their support lines (see […]

Is the SPY getting into Blow-Out territory?

TweetIs the SPY getting into Blow-Out territory? The chart below shows the Weekly SPY going back to 2008. Alan Greenspan expressed it well when he said the “best bang for the buck is a rising stock market” … and so it has been.  What about the natural ebb and flow economic cycles that we have seen […]

One Chart comparing the NYA Index, SPY, NDX, IWM, and the Institutional Index of “core holdings

Do we have a Bull or Bear Market?

TweetDo we have a Bull or Bear Market? If you have gone to StockTiming.net (.net) in the past, you have seen the formula for creating a Monthly, long term Bull/Bear market chart. This morning, I would like to post the chart and make a few comments. The chart is below and under a lot of […]

Not so good … is the wedge pattern on the SPY’s weekly chart.

TweetNot so good … is the wedge pattern on the SPY’s weekly chart. Yes, the short term Inflowing Liquidity has been positive and up trending.  The affect of the Liquidity can be seen on this weekly chart of the SPY.   As expected, the SPY has been moving higher, but is getting very close to its […]

What has been the SPY’s pattern during the past 5 years?

TweetWhat has been the SPY’s pattern during the past 5 years? This chart shows the SPY’s action since 1995. What can be seen on this chart? First, is that the SPY has made a higher/high. Second, is that the current move since 2009 has been a “rising wedge pattern”.   Note what happens on a rising […]

Very bullish and very overbought is one way to describe the market

TweetVery bullish and very overbought is one way to describe the market based on this stock count on the S&P 500.  This chart is derived from doing a count every night on the number of Strong Stocks and Weak Stocks on the S&P 500.   Since it is based only on Strength levels, it measures the S&P […]