Author: Robert W. Colby

The S&P 500 Composite Index (SPX: 1,782.59), down 0.65%, absolute price gapped lower at the open but quickly reversed. By 2:50 pm ET, SPX had recovered nearly all of its opening loss. Prices fell again in the final 70...

U.S. dollar ETF (UUP) price crossed above its 50-day SMA on 1/30/14, thereby turning systematically neutral (from bearish). Emerging Markets Stocks ETF (EEM) and iShares MSCI BRIC Fund (BKF) Relative Strength Ratios both fell...

Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell below its lows of the previous 6 years on 1/29/14, thereby confirming its preexisting long-term downtrend. Absolute price of EEM fell below its lows of the...

Crude Oil, United States Oil ETF (USO) price whipsawed back above its 50-day SMA on 1/28/14, thereby turning systematically neutral (from bearish). Junk Bond ETF (JNK) absolute price whipsawed back above its 50-day SMA on...

The following absolute prices crossed below 50-day SMAs on 1/24/14, thereby turning systematically neutral (from bullish): Dow-Jones Industrial Average Dow-Jones Transportation Average S&P 500 S&P Mid Cap 400 ETF (MDY)...

Financial (XLF) stock sector ETF Relative Strength Ratio (XLF/SPY) turned systematically bearish (from neutral) on 1/23/14 when fell below its 50-day SMA. Materials (XLB) stock sector ETF Relative Strength Ratio (XLB/SPY) turned...

Gold, SPDR Gold Shares ETF (GLD) price turned systematically bearish (from neutral) on 1/22/14 when it crossed below its 50-day SMA. Crude Oil, United States Oil ETF (USO) price crossed above its 50-day SMA on 1/22/14, thereby...

The Small Cap Russell 2000 Index ETF (IWM) and the S&P Mid Cap Index 400 ETF (MDY) absolute prices both rose to new highs on 1/21/14 and remain systematically bullish. NASDAQ 100/S&P 500 Relative Strength Ratio (QQQ/SPY)...