Energy stock sector ETF Relative Strength Ratio (XLE/SPY) is currently systematically bearish. XLE/SPY whipsawed back down below its 50-day SMA on 7/26/13, thereby turning systematically bearish again (from neutral).
U.S. stock market price indexes opened lower on Friday but recovered in the afternoon to close mixed. The S&P 500 Composite Index (SPX: 1,691.65) rose 0.08%, but small caps and mid caps closed lower.
Popular price momentum oscillators based on SPX, such as RSI(14) and MACD(12,26,9), turned downward on Wednesday 7/24/13 and remain bearishly divergent.
NYSE total volume fell 13% to a level 17% below its 200-day SMA. Declining volume each day that the S&P 500 rises casts doubt on the durability of price recovery attempt. Generally, rising volume on a price move confirms the direction (up or down) of that price move, but falling volume may indicate diminishing power behind that move, which can suggest a price reversal ahead.
The Cumulative Up-Down Volume Line and the Cumulative Daily Advance-Decline on the NYSE both declined slightly and remain bearishly divergent relative to their May highs and the price indexes. The Net Number of New Highs-Lows remains far below its May high, thereby diverging bearishly.
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9 major U.S. stock sectors ranked in order of long-term relative strength:
Financial (XLF) Neutral, Under Weight. The Relative Strength Ratio (XLF/SPY) is currently bullish. XLF/SPY rose above its 50-day SMA on 4/23/13, thereby turning systematically bullish. Longer term, although the XLF/SPY has moderately outperformed since the bottom on 3/6/09, it has substantially underperformed over the past 9 years, since 3/23/04, and the secular trend may be bearish still. Absolute price whipsawed back above the 50-day SMA on 6/26/13, thereby turning systematically bullish (from neutral). Support: 20.27, 19.34, 18.58, 18.48, 17.75, 17.16, 16.95, 16.09, 15.98, 15.43, 15.06, 14.97, 14.84, 14.34, 14.09, 13.97, 13.30, 13.12, 12.86, 12.21, 11.73, 10.95, 10.83, 9.41, and 5.88. Resistance: 20.93, 24.50, and 28.17.
Consumer Discretionary (XLY) Neutral, Under Weight. The Relative Strength Ratio (XLY/SPY) is currently bullish. XLY/SPY turned systematically bullish (from neutral) on 6/13/13, when it whipsawed back above the 50-day SMA. XLY/SPY remains above its 200-day SMA, and the 50-day SMA has been above the 200-day SMA since 12/16/11. Absolute price whipsawed back above the 50-day SMA on 6/27/13, thereby turning systematically bullish (from neutral). Support: 58.94, 58.23, 56.50, 53.96, 52.32, 51.95, 51.46, 49.40, 48.07, 44.34, 43.01, 42.44, 41.44, 41.21, 40.83, 39.97, 39.23, 38.75, 36.33, 33.07, 32.66, 31.70, 29.80, 28.64, 28.21, and 26.62. Resistance: 59.90.
Health Care (XLV) Neutral, Under Weight. The Relative Strength Ratio (XLV/SPY) is currently bullish. XLV/SPY whipsawed back up above its 50-day SMA on 7/19/13, thereby turning systematically bullish again (from neutral). In a broader context, XLV clearly has underperformed SPY since the XLV/SPY ratio peaked on 4/22/13. Absolute price whipsawed up above its 50-day SMA on 7/5/13, thereby turning systematically bullish (from neutral). Support: 50.20, 49.52, 47.18, 46.45, 46.02, 44.22, 42.71, 41.60, 40.38, 39.24, 38.48, 38.33, 37.78, 37.18, 36.88, 36.77, 36.14, 35.38, 35.15, 34.71, 34.42, 31.68, 30.11, 29.64, 28.00, and 27.49. Resistance: none.
Industrial (XLI) Neutral, Under Weight. The Relative Strength Ratio (XLI/SPY) is currently bullish. XLI/SPY whipsawed back up above its 50-day SMA on 7/18/13, thereby turning systematically bullish again (from neutral). Absolute price whipsawed up above its 50-day SMA on 7/5/13, thereby turning systematically bullish (from neutral). Support: 44.66, 42.63, 41.37, 40.90, 40.02, 39.97, 38.51, 37.04, 36.71, 36.35, 35.19, 35.00, 34.32, 33.84, 33.08, 32.22, 31.08, and 27.67. Resistance: 45.64.
Consumer Staples (XLP) Bearish, Under Weight. The Relative Strength Ratio (XLP/SPY) remains systematically bearish. XLP/SPY has been relatively weak since the XLP/SPY ratio peaked on 4/19/13. Long term, XLP/SPY underperformed since the XLP/SPY ratio peaked on 11/20/2008. Absolute price turned systematically bullish (from neutral) on 7/9/13, when it rose above its 50-day SMA. Support 41.02, 38.87, 38.20, 37.67, 37.36, 36.79, 35.41, 35.29, 33.56, 33.05, 32.70, 32.46, 31.84, 31.30, 30.19, 28.70, 28.07, 28.04, 27.76, 27.63, 27.46, 26.34, 25.30, and 24.95. Resistance: 41.88 and 42.20.
Energy (XLE) Bearish, Under Weight. The Relative Strength Ratio (XLE/SPY) is currently systematically bearish. XLE/SPY whipsawed back down below its 50-day SMA on 7/26/13, thereby turning systematically bearish again (from neutral). Long term, XLE/SPY has been trending down since the XLE/SPY ratio peaked on 3/30/11. Absolute price rose above its 50-day SMA on 7/8/13, thereby turning systematically bullish (from neutral). Support: 80.82, 78.34, 76.02, 73.51, 69.57, 69.43, 67.77, 66.16, 64.64, 64.54, 61.11, 53.71, 50.33, 48.56, 46.16, and 43.66. Resistance: 83.96 and 91.42.
Technology (XLK) Bearish, Under Weight. The Relative Strength Ratio (XLK/SPY) remains systematically bearish. XLK/SPY has been trending down since it peaked on 4/10/12. Absolute price has been systematically neutral most of the time in recent weeks, after peaking at 32.21 on 5/20/13. Support: 31.37, 31.07, 29.94, 29.10, 28.25, 27.21, 27.04, 26.56, 25.89, 25.66, 25.27, 24.01, 22.60, 22.47, 21.60, 20.01, and 19.51. Resistance: 32.31, 34.85, 36.40, and 39.07.
Materials (XLB) Bearish, Under Weight. The Relative Strength Ratio (XLB/SPY) remains systematically bearish. XLB/SPY fell to its lowest level in 6 years on 7/5/13, thereby confirming its long-term major downtrend. The XLB/SPY ratio has been trending down since it peaked on 6/23/2008. Absolute price whipsawed back up above its 50-day SMA on 7/17/13, thereby turning systematically bullish again (from neutral). Support: 39.66, 37.78, 37.10, 36.70, 36.20, 35.44, 34.99, 34.44, 34.10, 33.58, 32.59, 31.41, 30.72, 27.77, 23.85, and 17.83. Resistance: 41.10, 41.61, 43.04, 45.21, and 46.54.
Utilities (XLU) Bearish, Under Weight. The Relative Strength Ratio (XLU/SPY) fell to its lowest level in 8 years on 7/5/13 and has been trending down since the XLU/SPY ratio peaked on 11/21/2008. Absolute price rose above its 50-day SMA on 7/11/13, thereby turning systematically bullish (from neutral). Support: 38.69, 38.00, 36.51, 35.80, 35.09, 34.22, 33.84, 33.18, 31.94, 29.45, 27.91, 27.44, and 25.76. Resistance: 39.58, 40.55, 41.44, 41.98, and 44.66.
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Stock Market Indicators
The Dow Theory reconfirmed a Primary Tide Bull Market on 7/18/13, when the Dow-Jones Industrial Average and the Dow-Jones Transportation Average both closed at new price highs.
NASDAQ 100/S&P 500 Relative Strength Ratio (QQQ/SPY) has been whipsawing up and down around its own 50-day SMA since 4/30/13, going from bearish to neutral and back again. Longer term, however, QQQ/SPY fairly consistently has underperformed since it peaked on 4/10/12.
iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) fell below the lows of the previous 4 years on 7/10/13, again reconfirming its major downtrend. BKF/SPY turned systematically bearish on 3/27/13, when the 50-day SMA crossed below the 200-day SMA. BKF/SPY fell below its 50-day SMA on 2/4/13 and fell below its 200-day SMA on 2/19/13. BKF/SPY has underperformed since the ratio peaked on 10/14/2010. Price peaked at 42.29 on 2/1/13 and fell to a 20-month low on 6/24/13.
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell below the lows of the previous 4 years on 7/10/13, again reconfirming its preexisting major downtrend. EEM/SPY turned systematically bearish on 3/20/13, when the 50-day SMA fell below the 200-day SMA. EEM/SPY has underperformed since the ratio peaked on 10/14/2010. Absolute price peaked at 45.34 on 1/2/13 and fell to a 19-month low on 6/24/13, confirming its bearish major trend.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) fell below the lows of the previous 10 years on 7/9/13, again reconfirming its preexisting major downtrend. EFA/SPY has underperformed since the ratio peaked on 11/27/2007. Absolute price peaked at 64.14 on 5/22/13 and fell to a 6-month low on 6/24/13, confirming a significant downtrend.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEF/SPY) remains systematically bearish. OEF/SPY has been in a down trend since 9/24/12. Large Caps tend to outperform in bearish general market trends as investors seek the perceived relative stability and safety of large size. On the other hand, Large Caps tend to underperform Mid Caps and Small Caps in bullish general market trends as investors seek greater potential returns in more volatile, smaller stocks.
The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) remains systematically bullish. IWM/SPY has been rising since 5/1/13. Longer term, IWM/SPY has underperformed since the ratio peaked on 4/5/11. Absolute price crossed back above its 50-day SMA on 6/27/13, thereby turning systematically bullish (from neutral).
The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) remains systematically bullish. MDY/SPY has been rising since 6/21/13. Longer term, MDY/SPY has underperformed slightly since the ratio peaked on 4/5/11. Absolute price crossed back above its 50-day SMA on 7/5/13, thereby turning systematically bullish (from neutral).
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Fixed-Income Investments
Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) price remains systematically bearish but may be turning upward. Momentum indicators RSI and MACD based on the TLT price now are rising and show bullish divergence compared to price itself. An oversold bounce seems overdue after an unusually persistent selling wave from 5/1/13 to 7/5/13. Long term, the 33-year trend is still indicating rising bond prices. Support 106.17, 106.08, 103.20, 102.27, 96.31, 94.83, 93.14, 89.65, and 88.14. Resistance: 110.80, 114.77, 118.94, 121.32, 124.26, 126.08, 127.19, 127.72, 130.69, and 132.22.
Bond, iShares Barclays 7-10 Year U.S. Treasury ETF (IEF) price remains systematically bearish but may be turning upward. Momentum indicators RSI and MACD based on the IEF price now are rising and show bullish divergence compared to price itself. An oversold bounce seems overdue after an unusually persistent selling wave from 5/1/13 to 7/5/13. Long term, the 33-year trend is still indicating rising prices. Support 100.45, 100.31, 99.79, and 97.66. Resistance: 107.62, 108.24, 109.17, 109.20, 109.32, and 109.89.
Junk/Investment-Grade Corporate Bond ETFs Relative Strength Ratio (JNK/LQD) has been systematically bullish since 5/3/13, when the ratio crossed above its 50-day SMA. Absolute price of JNK has been in a rising trend since 6/24/13 but remains below its high of 41.95 set on 5/8/13.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year ETFs Relative Strength Ratio (TIP/IEF) turned systematically neutral (from bearish) on 7/16/13, when it crossed above the 50-day SMA. Absolute price of TIP peaked at 123.44 on 12/6/12 and remains systematically bearish.
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Tangible Assets, Commodities
U.S. dollar ETF (UUP) whipsawed back down below its 50-day SMA on 7/16/13, thereby turning systematically neutral again (from bullish). UUP also fell below its 200-day SMA on 7/25/13. Longer term, UUP has been consolidating secular trend losses since bottoming at 20.84 on 5/4/11. Support 21.82, 21.53, 21.07, and 20.84. Resistance 22.98, 23.14, 23.52, 25.84, 27.19, and 28.97.
Agriculture, PowerShares DB Agriculture Fund ETF (DBA) price fell below its lows of the past 2 years on 7/5/13 and remains systematically bearish. Price has been trending down since peaking on 3/4/11.
Crude Oil, United States Oil ETF (USO) price remains in a systematically bullish trend. Support 36.88, 32.53, 32.12, 30.79, 29.02, 26.28, and 22.74. Resistance 40.29, 41.38, 42.30, and 45.60.
Gold, SPDR Gold Shares ETF (GLD) price trend turned systematically neutral (from bearish) on 7/25/13 when price whipsawed back up above its 50-day SMA. In June, price fell below its lows of the previous 2 years on 6/28/13, thereby reconfirming its preexisting major bearish trend. GLD has been trending down since peaking at 185.85 on 9/6/11. Support: 122.73, 114.68, 113.08 and 102.28. Resistance: 130.14, 137.62, 143.43, 149.44, 153.85, 156.80, 164.40, 166.94, 170.01, 174.07, 175.46, 177.40, and 185.85.
Gold Mining Stocks ETF/Gold Shares ETF Relative Strength Ratio (GDX/GLD) has stayed systematically bearish most of the time since 12/27/12, when the 50-day SMA crossed below the 200-day SMA. Longer term, GDX/GLD has remained mostly bearish for more than 6 years, since 9/5/06.
Silver, iShares Silver Trust ETF (SLV) price trend remains systematically bearish. Price fell below its lows of the previous 2 years on 6/27/13, again reconfirming its preexisting major bearish trend. The trend has been bearish since price peaked at 48.35 on 4/28/11. Support 17.75, 16.73, 14.37, 12.27, 11.64, and 8.45. Resistance: 19.89, 20.53, 22.65, 23.70, 25.34, 27.14, 27.35, 28.50, 28.61, 29.73, 31.41, 32.72, 33.31, 34.08, 36.44, 40.23, 41.49, 42.30, 42.78, 44.71, and 48.35.
Silver/Gold ETFs Ratio (SLV/GLD) fell below its lows of the previous 2 years on 7/26/13, again reconfirming its major downtrend. SLV/GLD remains systematically bearish. SLV has underperformed GLD since SLV price peaked at 48.35 on 4/28/11.
Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) fell below its lows of the previous 2 years on 6/24/13, again reconfirming its major downtrend. The JJC price trend has been bearish since price peaked at 61.69 on 2/14/11. “Dr. Copper” is widely accepted as one of the better indicators of investor confidence (or lack thereof) in the global industrial economy, so price weakness in Copper implies a weak economic outlook.
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Spotlight on event stocks: Here is a stock screen I designed to pick out potential event stocks, both Bullish and Bearish. Sometimes, stocks with large changes in price and volume are later revealed to be deal stocks or are the subject of some other extraordinary events, positive or negative.
Bullish Stocks: Rising Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
6.25% , PFG , PRINCIPAL FINL
7.24% , CLF , CLIFFS NATURAL RESOURCES, CLF
7.61% , SBUX , STARBUCKS
3.03% , VRSN , VeriSign Inc
5.29% , MCK , MCKESSON CORP
3.70% , HAL , HALLIBURTON
2.64% , YUM , YUM BRANDS
2.30% , JCP , JC PENNEY
1.92% , CBS , CBS CORP.
2.84% , AMZN , Amazoncom Inc
3.24% , AMD , ADV MICRO DEV
1.83% , VMC , VULCAN MATERIALS
1.83% , SWK , Stanley Black & Decker
2.80% , CAH , CARDINAL HEALTH
3.44% , FLEX , Flextronics International Ltd
2.81% , GILD , Gilead Sciences Inc
4.79% , EA.O , ELECTRONIC ARTS
1.95% , EXPD , Expeditors International WA
1.39% , ESRX , EXPRESS SCRIPTS
0.94% , CB , CHUBB
1.46% , EBAY , EBAY
1.00% , XME , Metals & Mining SPDR, XME
1.50% , NEM , NEWMONT MINING
1.10% , BHI , BAKER HUGHES
1.11% , CHKP , Check Point Software Technologies Ltd
1.05% , BCR , C R BARD
0.95% , FRX , FOREST LABS STK A
0.72% , CPWR , COMPUWARE
1.12% , DRI , DARDEN REST
1.22% , CCL , CARNIVAL STK A
0.03% , ILF , Latin Am 40, ILF
0.50% , TIF , TIFFANY
0.45% , CNP , CENTERPNT ENERGY
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Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-7.89% , VRTX , Vertex Pharmaceuticals, VRTX
-5.85% , SNDK , SanDisk Corporation
-2.27% , A , AGILENT TECH
-4.60% , CIEN.O , CIENA
-5.27% , MU.O , MICRON TECH
-3.15% , LEG , LEGGETT & PLATT
-1.59% , TYC , TYCO INTL
-0.49% , IYZ , Telecom DJ US, IYZ
-2.75% , HP , Helmerich & Payne HP
-0.80% , URBN , Urban Outfitters Inc.
-1.13% , IGN , Networking, IGN
-2.10% , SNV , SYNOVUS
-1.93% , QLGC , QLOGIC
-0.32% , IXC , Energy Global, IXC
-1.69% , KLAC , KLA TENCOR
-1.12% , CSX , CSX
-0.98% , MCHP , Microchip Technology Incorporated
-1.03% , PZI , Micro Cap Zachs, PZI
-0.98% , RAI , Reynolds American
-0.17% , XEL , XCEL ENERGY
-0.62% , COH , COACH
-0.08% , ADRE , Emerging 50 BLDRS, ADRE
-1.00% , CMCSA , COMCAST HOLDINGS STK A
-0.75% , COST , COSTCO WHOLESAL
-0.37% , IJH , MidCap S&P 400 iS, IJH
-0.71% , WM , WASTE MANAGEMENT
-0.63% , ROK , ROCKWELL AUTOMAT
-0.49% , KO , COCA COLA
-0.46% , NOV , NATIONAL OILWELL VARC0
-0.81% , FLR , FLUOR
-0.37% , VGK , European VIPERs, VGK
-0.73% , EZA , South Africa Index, EZA
-0.31% , ADBE , ADOBE SYS
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One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
1.00% , Metals & Mining SPDR, XME
0.90% , Thailand MSCI iS, THD
0.78% , Spain Index, EWP
0.76% , China LargeCap Growth G D H USX PS, PGJ
0.75% , Australia Index, EWA
0.71% , South Korea Index, EWY
0.71% , Bond, Muni S&P ATM-Free iS, MUB
0.65% , Health Care SPDR, XLV
0.61% , Bond, 20+ Years Treasury, TLT
0.60% , Transportation Av DJ, IYT
0.53% , QQQ Nasdaq 100 Trust, QQQ
0.53% , Pacific ex-Japan, EPP
0.38% , Bond Ex-US Treas, BWX
0.36% , Utilities SPDR, XLU
0.34% , Austria Index, EWO
0.32% , Consumer Discretionary SPDR, XLY
0.32% , Utilities VIPERs, VPU
0.28% , Technology SPDR, XLK
0.28% , France Index, EWQ
0.26% , Real Estate US DJ iS, IYR
0.23% , China 25 iS, FXI
0.21% , Preferred Stock iS, PFF
0.18% , Dividend ex-U.S. DJ iS, IDV
0.17% , Bond, High-Yield Junk, JNK
0.17% , Financial Preferred, PGF
0.15% , Value LargeCap Dynamic PS, PWV
0.15% , Singapore Index, EWS
0.15% , LargeCap Growth S&P 500 iS, IVW
0.14% , LargeCap Blend S&P 500 iS, IVV
0.12% , Biotech SPDR, XBI
0.11% , Value VIPERs, VTV
0.11% , S&P 500 SPDRs LargeCap Blend, SPY
0.11% , LargeCap Blend Russell 1000 iS, IWB
0.11% , LargeCap Blend S&P 100, OEF
0.10% , Bond, Long-Term Corp iBoxx iS, LQD
0.09% , Bond, 10 Year Treasury, IEF
0.09% , Dividend SPDR, SDY
0.09% , Gold Shares S.T., GLD
0.08% , REIT VIPERs, VNQ
0.08% , LargeCap Growth Russell 1000 iS, IWF
0.08% , LargeCap VIPERs, VV
0.07% , Realty Cohen & Steers, ICF
0.06% , REIT Wilshire, RWR
0.06% , Growth VIPERs, VUG
0.05% , Hong Kong Index, EWH
0.05% , Capital Markets KWB ST, KCE
0.04% , Bond, High Yield Corp iBoxx iS, HYG
0.03% , Mexico Index, EWW
0.03% , Dividend Appreciation Vipers, VIG
0.03% , Latin Am 40, ILF
0.03% , Bond, TIPS U.S. Treasury iS, TIP
0.03% , DIAMONDS (DJIA), DIA
0.02% , LargeCap Blend Russell 3000 iS, IWV
0.01% , Bond, 1-3 Year Treasury, SHY
0.01% , Blend Total Market VIPERs, VTI
0.00% , Italy Index, EWI
0.00% , Growth MidCap Russell, IWP
0.00% , Bond Treasury Short-Term iS, SHV
0.00% , Belgium Index, EWK
-0.03% , Bond, Intermediate US Aggregate iS, AGG
-0.03% , LargeCap Blend S&P=Weight R, RSP
-0.04% , Info Tech VIPERs, VGT
-0.04% , Dividend U.S. DJ iS, DVY
-0.06% , LargeCap Value S&P 500 iS, IVE
-0.07% , Value MidCap Russell, IWS
-0.08% , LargeCap Value Russell 1000 iS, IWD
-0.08% , MidCap Russell, IWR
-0.08% , Emerging 50 BLDRS, ADRE
-0.08% , EMU Europe Index, EZU
-0.09% , Financials VIPERs, VFH
-0.10% , Financial SPDR, XLF
-0.12% , Dividend International, PID
-0.12% , Consumer Staples SPDR, XLP
-0.14% , Bear, Short S&P 500, SH
-0.15% , Financial DJ US, IYF
-0.17% , Global LargeCap Blend MSCI iS, ACWI
-0.18% , Technology DJ US, IYW
-0.22% , Brazil Index, EWZ
-0.23% , Emerging Markets MSCI iS, EEM
-0.23% , Energy VIPERs, VDE
-0.24% , Value SmallCap VIPERS, VBR
-0.24% , Europe 350 S&P Index, IEV
-0.25% , Canada Index, EWC
-0.25% , Energy SPDR, XLE
-0.26% , Global 100, IOO
-0.26% , United Kingdom Index, EWU
-0.27% , Dividend High Yield Equity PS, PEY
-0.27% , Energy DJ, IYE
-0.32% , Malaysia Index, EWM
-0.32% , Energy & Nat Res iS GS, IGE
-0.32% , Energy Global, IXC
-0.32% , Agriculture DB PS, DBA
-0.32% , Emerging VIPERs, VWO
-0.33% , Industrial SPDR, XLI
-0.34% , Small Cap VIPERs, VB
-0.35% , Bond, Emerging Mkt JPM iS, EMB
-0.36% , Indonesia MV, IDX
-0.36% , Sweden Index, EWD
-0.36% , Financial Services DJ, IYG
-0.37% , European VIPERs, VGK
-0.37% , Frontier Markets Guggenheim , FRN
-0.37% , Materials SPDR, XLB
-0.37% , MidCap Blend S&P 400 iS, IJH
-0.37% , SmallCap Growth Russell 2000 iS, IWO
-0.38% , Water Resources, PHO
-0.40% , Growth SmallCap VIPERs, VBK
-0.40% , SmallCap Blend Russell 2000 iS, IWM
-0.42% , Global ex U.S. LargeCap Blend, ACWX
-0.44% , Taiwan Index, EWT
-0.46% , MidCap Value S&P 400 iS, IJJ
-0.46% , India PS, PIN
-0.48% , Basic Materials DJ US, IYM
-0.48% , SmallCap Blend EAFE MSCI iS, SCZ
-0.49% , Telecom DJ US, IYZ
-0.49% , SmallCap Blend S&P 600 iS, IJR
-0.53% , SmallCap Growth S&P 600 iS, IJT
-0.54% , Homebuilders SPDR, XHB
-0.54% , MidCap S&P 400 SPDRs, MDY
-0.56% , SmallCap Value Russell 2000 iS, IWN
-0.58% , Value EAFE MSCI, EFV
-0.60% , SmallCap Value S&P 600 iS, IJS
-0.62% , Commodity Tracking, DBC
-0.62% , Foreign LargeCap EAFE MSCI iS, EFA
-0.64% , MidCap Growth S&P 400 iS, IJK
-0.66% , Netherlands Index, EWN
-0.67% , Switzerland Index, EWL
-0.68% , WilderHill Clean Energy PS, PBW
-0.68% , Microcap Russell, IWC
-0.69% , Oil Fund PowerShares, DBO
-0.72% , India Earnings WTree, EPI
-0.73% , South Africa Index, EZA
-0.73% , Growth EAFE MSCI, EFG
-0.78% , Russia MV, RSX
-0.79% , Semiconductor iS IGW, SOXX
-0.79% , Germany Index, EWG
-0.92% , Silver Trust iS, SLV
-0.98% , Oil, Crude, U.S. Oil Fund, USO
-1.03% , Pacific VIPERs, VPL
-1.13% , Networking, IGN
-1.20% , Semiconductor SPDR, XSD
-1.32% , Turkey MSCI iS, TUR
-1.47% , Chile MSCI iS, ECH
-2.32% , Japan Index, EWJ
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The S&P 500 Composite Potential Resistance
1698.78, high of 7/23/2013
The S&P 500 Composite Potential Support
1687.18, high of 5/22/2013
1676.03, low of 7/26/2013
1671.84, low of 7/16/2013
1660.03, Fib 78.6% of May-June 2013
1654.19, high of 6/18/2013
1654.18, high of 7/9/2013
1644.63, 50-day SMA
1638.72, Fib 61.8% of May-June 2013
1606.04, Fib 23.6% of Nov-May 2013
1560.33, low of 6/24/2013
1556.24, Equal Waves Projection
1555.84, Fib 38.2% of Nov-May 2013
1536.03, low of 4/18/2013
1530.94, high of 2/19/2013
1530.81, 200-day SMA
1515.27, Fib 50% of Nov-May 2013
1485.01, low of 2/26/2013
1474.69, Fib 61.8% of Nov-May 2013
1474.51, high of 9/14/2012
1468.82, Fib 78.6% of 2009-13 range
1451.64, low on 1/8/2013
1448.00, high of 12/19/2012
1440.24, high of 5/19/2008
1439.15, high of 9/12/2012
1438.59, high of 12/12/2012
1434.27, high of 11/2/2012
1432.82, low of 12/20/2012
1430.53, low of 9/26/2012
1426.76, low of 12/12/2012
1425.53, low of 10/12/2012
1423.73, high of 12/3/2012
1422.58, low of 12/21/2012
1422.38, high of 4/2/2012
1422.06, low of 10/22/2012
1421.12, high of 10/25/2012
1420.34, high of 12/7/2012
1419.70, high of 11/29/2012
1418.71, high of 8/17/2012
1416.93, Fib 79.6% of Nov-May 2013
1415.32, high of 5/1/2012
1409.16, high of 11/23/2012
1403.28, low of 10/26/12
1401.58, low of 12/28/12
1398.11, low of 12/31/2012
1397.68, low of 11/26/2012
1396.56, low of 9/4/2012
1391.04, low of 8/6/2012
1388.71, low of 5/3/2012
1385.43, low of 11/28/2012
1381.50, Fibonacci 78.6% of 2007-2009 range
1380.39, high of 7/19/2012
1374.81, high of 7/3/2012
1370.58, high of 5/2/2011
1363.49, high of 6/19/2012
1357.38, low of 4/10/2012
1343.35, low of 11/16/2012
1340.03, low of 3/6/2012
1335.52, high of 6/11/2012
1334.93, high of 5/31/2012
1329.24, low of 7/24/2012
1329.05, high of 6/7/2012
1328.49, high of 5/22/2012
1325.41, low of 7/12/2012
1306.62, low of 6/12/2012
1297.39, Fib 61.8% of 2009-13 range
1291.98, low of 5/18/2012
1266.74, low of 6/4/2012
1265.26, low of 1/5/2012
1262.30, low of 12/27/2011
1244.80, low of 12/7/2011
1239.73, low of 12/1/2011
1238.81, Fibonacci 78.6% of 1,576.09 high
1234.81, low of 11/3/2011
1231.04, high of 12/16/2011
1228.74, Fibonacci 61.8% of 2007-2009 range
1226.64, low of 11/9/2011
1224.57, high of 12/19/2011
1215.20, low of 12/16/2011
1202.37, low of 12/19/2011
1176.99, Fib 50% of 2009-13 range
1158.66, low of 11/25/2011
1121.44, Fibonacci 50% of 2007-2009 range
1056.58, Fib 38.2% of 2009-13 range
1074.77, low of 10/4/2011
1014.14, Fibonacci 38.2% of 2007-2009 range
1010.91, low of 7/1/2010
991.97, low of 9/2/2009
978.51, low of 8/17/2009
956.23, high of 6/11/2009
907.60, Fib 23.6% of 2009-13 range
881.38, Fibonacci 23.6% of 2007-2009 range
869.32, low of 7/8/2009
666.79, intraday low of 3/6/2009
