Crude Oil, United States Oil ETF (USO) absolute price rose above its highs of the previous 8 months on 5/21/14, thereby confirming its preexisting bullish uptrend.
The S&P 500 Composite Index (SPX: 1,888.03, up 0.81%) absolute price opened higher and continued to move upward for the first 86 minutes, rising above its intraday highs of the previous 4 trading days. SPX turned choppy for 3 hours before rising again after the FOMC minutes released at 2:00 pm ET. Stocks stabilized in the final 40 minutes. SPX closed above the open, above the midpoint of the day’s high-low range, and above the closing prices of the previous 4 trading days.
NYSE total volume fell 5% to a level 13% below its 200-day SMA. Generally, rising volume confirms the direction (up or down) of a price move, but falling volume may indicate diminishing power behind a price trend, which can suggest a price reversal ahead.
The Number of Daily Net New Highs on the NYSE (New Highs minus New Lows) rose to 132 from 109 the previous trading day. These levels compare to peaks above 800 recorded in 2012 and 2013, when the S&P 500 was lower than it is now. So this indicator still is diverging bearishly relative to last year’s levels.
Momentum oscillators RSI and MACD based on the S&P 500 Index failed to rise to higher highs on 5/13/14 and continue to demonstrate bearish divergence compared to the price of the underlying index, the S&P 500. Both have remained below their peaks of 2013 consistently on every upside price bounce in 2014. Both fell to their lowest levels in more than 14 months on 2/3/14.
Beyond the noisy day-to-day price action, the outlook for the stock market appears uncertain. Momentum divergences, generally low trading volume on up days, rising trading volume on down days, and excessive bullish sentiment remain challenges to a sustainable upside trend. On the other hand, the bullish case appears to rest primarily on continuation of central banks’ highly-accommodative monetary policies and hopes for faster economic recovery.
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9 major U.S. stock sectors ranked in order of long-term relative strength:
Industrial stock sector ETF (XLI) Neutral, Under Weight. The Relative Strength Ratio (XLI/SPY) crossed below its 50-day SMA on 5/20/14, thereby turning systematically neutral (from bullish). Absolute price crossed back up above its 50-day SMA on 4/16/14, thereby turning systematically bullish (from neutral). Support: 52.01, 50.74, 48.38, 45.09, 43.93, 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: none.
Health Care stock sector ETF (XLV) Neutral, Under Weight. The Relative Strength Ratio (XLV/SPY) crossed below its 50-day SMA on 3/21/14, thereby turning systematically neutral (from bullish). Absolute price crossed above its 50-day SMA on 5/16/14, thereby turning systematically bullish (from neutral). Support: 55.39, 54.65, 53.40, 52.36, 49.58, 48.82, 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: 60.50.
Materials stock sector ETF (XLB) Neutral, Under Weight. The Relative Strength Ratio (XLB/SPY) whipsawed back up above its 50-day SMA on 5/5/14, thereby turning systematically bullish (from neutral). Absolute price crossed above its 50-day SMA on 4/29/14, thereby turning systematically bullish (from neutral). Support: 46.61, 45.91, 45.91, 42.77, 42.34, 41.08, 40.18, 39.96, 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: 48.67.
Energy stock sector ETF (XLE) Neutral, Under Weight. The Relative Strength Ratio (XLE/SPY) 50-day SMA crossed above its 200-day SMA on 5/14/14, thereby turning systematically bullish (from neutral). Absolute price crossed above its 50-day SMA on 2/14/14, thereby turning systematically bullish (from neutral). Support: 92.61, 88.22, 85.96, 81.77, 81.31, 79.83, 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: 95.25.
Technology stock sector ETF (XLK) Neutral, Under Weight. The Relative Strength Ratio (XLK/SPY) crossed above its 50-day SMA on 5/12/14, thereby turning systematically bullish (from neutral). Absolute price whipsawed back up above its 50-day SMA on 5/8/14, thereby turning systematically bullish (from neutral). Support: 35.13, 33.86, 33.51, 33.10, 31.38, 31.29, 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: 36.99 and 39.07.
Utilities stock sector ETF (XLU) Neutral, Under Weight. The Relative Strength Ratio (XLU/SPY) crossed below its 50-day SMA on 5/19/14, thereby turning systematically neutral (from bullish). Absolute price crossed below its 50-day SMA on 5/19/14, thereby turning systematically neutral (from bullish). Support: 41.11, 40.04, 39.51, 38.26, 37.11, 36.51, 35.80, 35.09, 34.22, 33.84, 33.18, 31.94, 29.45, 27.91, 27.44, and 25.76. Resistance: 43.52 and 44.66.
Financial stock sector ETF (XLF) Bearish, Under Weight. The Relative Strength Ratio (XLF/SPY) fell below its lowest levels of the previous year on 5/6/14, thereby reconfirming its preexisting major bearish trend. XLF/SPY crossed below its 50-day SMA on 4/8/14, thereby turning systematically bearish (from neutral). Absolute price crossed below its 50-day SMA on 5/14/14, thereby turning systematically neutral (from bullish). Support: 21.19, 20.50, 20.38, 20.22, 19.48, 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: 22.22, 22.65, 24.50, 28.17, 29.23, 35.97, and 38.15.
Consumer Staples stock sector ETF (XLP) Neutral, Under Weight. The Relative Strength Ratio (XLP/SPY) crossed above its 50-day SMA on 4/3/14, thereby turning systematically neutral (from bearish). Absolute price crossed back up above its 50-day SMA on 2/25/14, thereby turning systematically bullish (from neutral). Support 43.81, 43.50, 42.69, 42.38, 41.35, 39.83, 39.56, 39.05, 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: 44.70.
Consumer Discretionary stock sector ETF (XLY) Bearish, Under Weight. The Relative Strength Ratio (XLY/SPY) fell below its lows of the previous year on 5/7/14, thereby confirming its preexisting major downtrend. The XLY/SPY 50-day SMA crossed below the 200-day SMA on 3/21/14, thereby turning systematically bearish (from neutral). Absolute price crossed below its 50-day SMA on 4/4/14, thereby turning systematically neutral (from bullish). Support: 61.84, 61.03, 58.45, 57.31, 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: 66.25, 64.77, and 67.85.
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Stock Market Indicators
The Dow Theory reconfirmed a Primary Tide Bull Market on 5/13/14 when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed at new closing price highs. Such a confirmation suggests that Industrial and Transportation sectors are in gear and pulling together in the same direction.
NASDAQ 100 ETF/S&P 500 ETF Relative Strength Ratio (QQQ/SPY) fell below its lows of the previous 7 months on 5/7/14, thereby suggesting a significant downtrend. The QQQ/SPY 50-day SMA crossed below the 200-day SMA on 5/19/14, thereby turning systematically bearish (from neutral). Absolute price of QQQ crossed above its 50-day SMA on 5/16/14, thereby turning systematically bullish (from neutral).
iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) fell below its lows of the previous 8 years on 3/13/14, thereby reconfirming its preexisting long-term downtrend. The 50-day SMA remains in weak position below the 200-day SMA. BKF/SPY has underperformed since it peaked on 10/14/2010. Absolute price of BKF has been stuck in a trading range from 32.62 to 39.67 for about a year and has remained systematically neutral most of that time.
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell below its lows of the previous 8 years on 3/13/14, thereby reconfirming its preexisting long-term downtrend. The 50-day SMA remains in weak position below the 200-day SMA. Long term, EEM/SPY has underperformed since the ratio peaked on 10/14/2010. Absolute price of EEM has been stuck in a trading range from 36.16 to 45.34 for more than 2 years and has remained systematically neutral most of that time.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) has remained systematically bearish or neutral since 12/10/13, when the 50-day SMA crossed below the 200-day SMA. EFA/SPY fell below its lowest levels of the previous 11 years on 3/20/14, thereby reconfirming its preexisting major long-term downtrend.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEF/SPY) turned systematically neutral (from bearish) on 4/3/14 by crossing above its 50-day SMA. The 50-day SMA remains below the 200-day SMA. 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. On the other hand, Large Caps tend to outperform in bearish general market trends as investors seek the perceived relative stability and safety of large size.
The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) fell below its lowest levels of the previous 11 months on 5/14/14, thereby reconfirming its preexisting major bearish trend. The IWM/SPY 50-day SMA crossed below the 200-day SMA on 4/29/14, thereby turning systematically bearish (from neutral). Absolute price has remained systematically neutral most of the time since price peaked at 120.58 on 3/4/14.
The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) 50-day SMA crossed below the 200-day SMA on 5/9/14, thereby turning systematically bearish (from neutral). Absolute price has remained systematically neutral most of the time since price peaked at 254.48 on 4/4/14.
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Fixed-Income Investments
Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) absolute price rose to its highest level in more than 10 months on 5/15/14 and remains systematically bullish. Support 110.54, 109.61, 107.17, 105.60, 101.17, 100.00, 96.31, 94.83, 93.14, 89.65, and 88.14. Resistance: 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) absolute price rose to its highest level in more than 10 months on 5/15/14 and remains systematically bullish. Support 102.41, 101.52, 100.86, 99.18, 98.60, 98.19, 97.66, 91.94, 91.07, 88.12, 87.70, 87.49, 86.59, and 85.80. 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) fell to its lowest level in 12 weeks on 5/2/14 and remains systematically bearish. Absolute price of JNK has been consolidating in a trading range between 41.95 and 38.21 since 5/8/13.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year ETFs Relative Strength Ratio (TIP/IEF) turned systematically bullish on 4/23/14, when the rising 50-day SMA crossed above the rising 200-day SMA. Absolute price of TIP turned systematically bullish on 4/7/14 and rose to its highest level in 10 months on 5/14/14.
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Tangible Assets, Commodities
U.S. dollar ETF (UUP) price rose above its 50-day SMA on 5/12/14, thereby turning systematically neutral (from bearish).UUP has remained systematically bearish most of the time since peaking at 22.98 on 7/9/13. Support 21.07 and 20.84. Resistance 21.96, 22.34, 22.98, 23.14, 23.52, 25.84, 27.19, and 28.97.
Agriculture, PowerShares DB Agriculture Fund ETF (DBA) absolute price crossed back down below its 50-day SMA on 5/9/14, thereby turning systematically neutral (from bullish).
Crude Oil, United States Oil ETF (USO) absolute price rose above its highs of the previous 8 months on 5/21/14, thereby confirming its preexisting bullish uptrend. USO rose above its 50-day SMA on 5/12/14, thereby turning systematically bullish (from neutral). Support 35.96, 35.63, 34.97, 34.00, 32.53, 32.12, 30.79, 29.02, 26.28, and 22.74. Resistance 39.54, 39.64, 40.29, 41.38, 42.30, and 45.60.
Gold, SPDR Gold Shares ETF (GLD) absolute price remains systematically neutral. Support: 122.84, 114.46, 113.08, and 102.28. Resistance: 133.69, 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) fell below its lows of the previous 8 weeks on 5/21/14 and remains systematically bearish. GDX/GLD has been systematically bearish most of the time since GDX absolute price peaked at 66.98 on 9/9/11. Absolute price of GDX also is systematically bearish.
Silver, iShares Silver Trust ETF (SLV) price fell to its lowest level in 10 months on 5/1/14. SLV price turned systematically bearish (from neutral) on 3/20/14 when it crossed below its 50-day SMA. Support 18.16, 17.75, 16.73, 14.37, 12.27, 11.64, and 8.45. Resistance: 21.30, 22.23, 23.84, 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 to its lowest level in more than 3 years on 5/1/14, thereby confirming its preexisting major downtrend. SLV/GLD turned systematically bearish (from neutral) on 2/26/14 when it crossed below its 50-day SMA.
Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) absolute price whipsawed back up above its 50-day SMA on 5/8/14, thereby turning systematically neutral (from bearish). JJC price broke down below the lows of the previous 4 years on 3/19/14, suggesting a major long-term downtrend. “Dr. Copper” is widely accepted as one of the better indicators of investor confidence (or lack thereof) in the global industrial economy.
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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
10.40% , LO , Lorillard, Inc. LO
15.62% , NIHD , NII Holdings, Inc.
9.15% , TIF , TIFFANY
4.38% , RAI , Reynolds American
1.04% , IYG , Financial Services DJ, IYG
1.05% , DBO , Oil Fund PowerShares, DBO
3.24% , LBTYA , Liberty Global Inc. (LBTYA)
1.23% , USO , Oil, Crude, U.S. Oil Fund, USO
0.78% , EZU , EMU Europe Index, EZU
0.97% , EWU , United Kingdom Index, EWU
1.92% , GS , GOLDMAN SACHS
5.09% , NFLX , Netflix, NFLX
1.94% , AIG , AMER INTL GROUP
0.79% , VTV , Value VIPERs, VTV
0.70% , EWG , Germany Index, EWG
0.73% , EFV , Value EAFE MSCI, EFV
0.87% , VUG , Growth VIPERs, VUG
1.54% , KCE , Capital Markets KWB ST, KCE
0.77% , SCZ , Small Cap EAFE MSCI iS, SCZ
3.63% , RYAAY , Ryanair Holdings plc
0.77% , DISCA , Discovery Communications
1.34% , VIA.O , VIACOM INC. (New)
1.10% , VCR , Consumer D. VIPERs, VCR
2.06% , DDM , Ultra Dow30 Double, DDM
1.98% , DHR , DANAHER
0.48% , XSD , Semiconductor SPDR, XSD
2.23% , OXY , OCCIDENTAL
1.81% , SNA , SNAP ON
1.04% , TGT , TARGET
0.34% , IGN , Networking, IGN
0.81% , CHKP , Check Point Software Technologies Ltd
1.55% , FITB , FIFTH THIRD BANC
1.09% , PM , Philip Morris, PM
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Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-8.31% , PETM , PETsMART Inc
-1.81% , AES , AES
-1.25% , XRX , XEROX
-1.74% , BIG , BIG LOTS
-2.19% , DLTR , Dollar Tree Stores Inc
-1.22% , CCE , COCA COLA ENTER
-3.66% , SHLD , SEARS HOLDINGS
-1.05% , BBBY , BED BATH BEYOND
-0.93% , DOG , Short 100% Dow 30, DOG
-1.26% , VLO , VALERO ENERGY
-0.58% , RWR , REIT Wilshire, RWR
-0.99% , AEE , AMEREN
-1.62% , DDS , DILLARD STK A
-0.15% , EBAY , EBAY
-1.71% , SDS , Short 200% S&P 500 PS, SDS
-0.24% , GLD , Gold Shares S.T., GLD
-0.39% , TAP , ADOLPH COORS STK B, TAP
-0.61% , TLT , Bond, 20+ Years Treasury, TLT
-0.85% , HPQ , HEWLETT PACKARD
-0.57% , GNW , GENWORTH FINANCIAL
-0.07% , EMB , Bond EmrgMkt JPM iS, EMB
-1.25% , ADI.O , ANALOG DEVICES
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One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
3.99% , WilderHill Clean Energy PS, PBW
2.82% , Turkey MSCI iS, TUR
1.76% , Thailand MSCI iS, THD
1.74% , China LargeCap Growth G D H USX PS, PGJ
1.54% , Capital Markets KWB ST, KCE
1.38% , China 25 iS, FXI
1.32% , Italy Index, EWI
1.23% , Oil, Crude, U.S. Oil Fund, USO
1.21% , Consumer Discretionary SPDR, XLY
1.18% , Energy VIPERs, VDE
1.18% , Japan Index, EWJ
1.13% , Energy DJ, IYE
1.11% , South Africa Index, EZA
1.08% , Energy SPDR, XLE
1.08% , Energy Global, IXC
1.07% , Russia MV, RSX
1.06% , Energy & Nat Res iS GS, IGE
1.05% , Oil Fund PowerShares, DBO
1.04% , Financial Services DJ, IYG
1.02% , DIAMONDS (DJIA), DIA
0.99% , Industrial SPDR, XLI
0.97% , United Kingdom Index, EWU
0.97% , LargeCap Growth S&P 500 iS, IVW
0.97% , Spain Index, EWP
0.95% , QQQ Nasdaq 100 Trust, QQQ
0.94% , LargeCap Blend S&P 100, OEF
0.87% , Growth VIPERs, VUG
0.86% , Chile MSCI iS, ECH
0.86% , Canada Index, EWC
0.85% , Australia Index, EWA
0.84% , Health Care SPDR, XLV
0.84% , S&P 500 SPDRs LargeCap Blend, SPY
0.84% , LargeCap Blend S&P 500 iS, IVV
0.83% , Europe 350 S&P Index, IEV
0.83% , Growth MidCap Russell, IWP
0.82% , LargeCap VIPERs, VV
0.82% , LargeCap Growth Russell 1000 iS, IWF
0.82% , Hong Kong Index, EWH
0.82% , Global LargeCap Blend MSCI iS, ACWI
0.81% , LargeCap Blend Russell 1000 iS, IWB
0.80% , Dividend Appreciation Vipers, VIG
0.79% , Value VIPERs, VTV
0.79% , Global 100, IOO
0.79% , Info Tech VIPERs, VGT
0.79% , LargeCap Blend Russell 3000 iS, IWV
0.78% , Sweden Index, EWD
0.78% , Foreign LargeCap EAFE MSCI iS, EFA
0.78% , EMU Europe Index, EZU
0.78% , Pacific VIPERs, VPL
0.77% , Pacific ex-Japan, EPP
0.77% , Emerging Markets MSCI iS, EEM
0.77% , Blend Total Market VIPERs, VTI
0.77% , SmallCap Blend EAFE MSCI iS, SCZ
0.77% , Technology DJ US, IYW
0.75% , European VIPERs, VGK
0.74% , Global ex U.S. LargeCap Blend, ACWX
0.73% , Value EAFE MSCI, EFV
0.73% , LargeCap Blend S&P=Weight R, RSP
0.72% , LargeCap Value S&P 500 iS, IVE
0.71% , Emerging VIPERs, VWO
0.70% , Germany Index, EWG
0.70% , Financial DJ US, IYF
0.70% , Growth EAFE MSCI, EFG
0.69% , LargeCap Value Russell 1000 iS, IWD
0.69% , MidCap Russell, IWR
0.69% , Dividend International, PID
0.68% , Value LargeCap Dynamic PS, PWV
0.68% , Technology SPDR, XLK
0.67% , India PS, PIN
0.66% , MidCap Growth S&P 400 iS, IJK
0.65% , Transportation Av DJ, IYT
0.64% , Financial SPDR, XLF
0.63% , Netherlands Index, EWN
0.63% , Emerging 50 BLDRS, ADRE
0.62% , Growth SmallCap VIPERs, VBK
0.62% , Malaysia Index, EWM
0.62% , South Korea Index, EWY
0.62% , Dividend ex-U.S. DJ iS, IDV
0.61% , Dividend U.S. DJ iS, DVY
0.61% , France Index, EWQ
0.60% , Latin Am 40, ILF
0.57% , Consumer Staples SPDR, XLP
0.56% , Financials VIPERs, VFH
0.56% , Basic Materials DJ US, IYM
0.55% , MidCap S&P 400 SPDRs, MDY
0.55% , SmallCap Growth S&P 600 iS, IJT
0.53% , Small Cap VIPERs, VB
0.51% , SmallCap Blend Russell 2000 iS, IWM
0.51% , SmallCap Growth Russell 2000 iS, IWO
0.50% , MidCap Blend S&P 400 iS, IJH
0.48% , Semiconductor iS IGW, SOXX
0.48% , Semiconductor SPDR, XSD
0.47% , Water Resources, PHO
0.46% , Brazil Index, EWZ
0.46% , Materials SPDR, XLB
0.45% , Value MidCap Russell, IWS
0.44% , SmallCap Blend S&P 600 iS, IJR
0.44% , Singapore Index, EWS
0.44% , Value SmallCap VIPERS, VBR
0.39% , Dividend SPDR, SDY
0.36% , India Earnings WTree, EPI
0.36% , MidCap Value S&P 400 iS, IJJ
0.36% , Homebuilders SPDR, XHB
0.34% , SmallCap Value S&P 600 iS, IJS
0.34% , Networking, IGN
0.31% , Austria Index, EWO
0.31% , SmallCap Value Russell 2000 iS, IWN
0.30% , Frontier Markets Guggenheim , FRN
0.30% , Microcap Russell, IWC
0.25% , Dividend High Yield Equity PS, PEY
0.23% , Indonesia MV, IDX
0.23% , Metals & Mining SPDR, XME
0.20% , Taiwan Index, EWT
0.20% , Switzerland Index, EWL
0.20% , Mexico Index, EWW
0.19% , Commodity Tracking, DBC
0.07% , Utilities SPDR, XLU
0.02% , Bond, High-Yield Junk, JNK
0.02% , Belgium Index, EWK
0.01% , Bond Treasury Short-Term iS, SHV
0.00% , Bond, 1-3 Year Treasury, SHY
0.00% , Agriculture DB PS, DBA
-0.01% , Bond, High Yield Corp iBoxx iS, HYG
-0.01% , Utilities VIPERs, VPU
-0.02% , Bond Ex-US Treas, BWX
-0.03% , Preferred Stock iS, PFF
-0.04% , Bond, Intermediate US Aggregate iS, AGG
-0.05% , Silver Trust iS, SLV
-0.06% , Bond, TIPS U.S. Treasury iS, TIP
-0.07% , Bond, Emerging Mkt JPM iS, EMB
-0.09% , Biotech SPDR, XBI
-0.10% , Telecom DJ US, IYZ
-0.12% , Bond, Muni S&P ATM-Free iS, MUB
-0.15% , Bond, 10 Year Treasury, IEF
-0.17% , Financial Preferred, PGF
-0.18% , Bond, Long-Term Corp iBoxx iS, LQD
-0.24% , Gold Shares S.T., GLD
-0.39% , Real Estate US DJ iS, IYR
-0.56% , Realty Cohen & Steers, ICF
-0.58% , REIT Wilshire, RWR
-0.61% , Bond, 20+ Years Treasury, TLT
-0.66% , REIT VIPERs, VNQ
-0.82% , Bear, Short S&P 500, SH
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The S&P 500 Composite Potential Resistance
1902.17, high of 5/13/2014
The S&P 500 Composite Potential Support
1868.34, 50-day SMA
1859.79, low of 5/7/2014
1850.61, low of 4/28/2014
1813.55, high of 11/29/2013
1789.30, 200-day SMA
1737.92, low of 2/5/2014
1729.86, high of 9/19/2013
1711.57, high of 10/15/2013
1709.67, high of 8/2/2013
1703.85, high of 9/26/2013
1700.18, high of 8/8/2013
1698.78, high of 7/23/2013
1696.81, high of 8/13/2013
1696.55, high of 10/1/2013
1695.93, low of 10/15/2013
1687.18, high of 5/22/2013
1687.11, low of 9/27/2013
1676.03, low of 7/26/2013
1674.99, low of 9/30/2013
1672.40, high of 9/9/2013
1671.84, low of 7/16/2013
1670.36, low of 10/3/2013
1669.51, high of 8/26/2013
1654.19, high of 6/18/2013
1654.18, high of 7/9/2013
1652.61, low of 8/16/2013
1646.47, low of 10/9/2013
1629.05, low of 8/27/2013
1560.33, low of 6/24/2013
1536.03, low of 4/18/2013
1530.94, high of 2/19/2013
1485.01, low of 2/26/2013
1474.51, high of 9/14/2012
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
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
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
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
1234.81, low of 11/3/2011
1231.04, high of 12/16/2011
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
1158.66, low of 11/25/2011
1074.77, low of 10/4/2011
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
869.32, low of 7/8/2009
666.79, intraday low of 3/6/2009
For Week of May 19, 2014, to May 23, 2014
