Author: Robert W. Colby

Technology stock sector Relative Strength Ratio (XLK/SPY) 50-day SMA fell below the 200-day SMA on 11/6/12, thereby turning systematically bearish. The S&P 500 (SPX: 1,428.39) rose 0.79% on 13% more active trading on the...

Utilities stock sector Relative Strength Ratio (XLU/SPY) fell below its 50-day SMA on 11/5/12, thereby turning systematically bearish. Gold Mining Stocks ETF/Gold Shares ETF Relative Strength Ratio (GDX/GLD) turned...

The S&P 500 (SPX: 1,414.20) is down 3.52% over the past 7 weeks. The SPX shows a descending 5-point reversal top: 1) a high on 9/14/12; 2) a low on 9/26/12; 3) a lower high on 10/5/12; 4) a lower low on 10/12/12; and 5) a...

The S&P 500 (SPX: 1,411.94) fell 1.48% last week and is now down 3.67% over the past 4 weeks. SPX closed below its 50-day SMA for the 6th consecutive trading day on Friday. SPX also fell below its lows of the previous 7...

Materials Stock Sector Relative Strength Ratio (XLB/SPY) whipsawed back down below its 50-day SMA on 10/25/12, thereby turning systematically bearish again. Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) fell below its lows...

Crude Oil, United States Oil ETF (USO) fell below its lows of the previous 15 weeks, confirming its preexisting bearish trend. Gold, SPDR Gold Shares ETF (GLD) fell below its lows of the previous 7 weeks, confirming its...

Energy Stock Sector Relative Strength Ratio (XLE/SPY) whipsawed back down below both its 50-day and 200-day SMAs on 10/23/12, thereby turning systematically bearish again. Crude Oil, United States Oil ETF (USO) fell below its...

Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) price fell below its 50-day SMA on 10/22/12, thereby turning systematically bearish again. JJC fell below its 200-day SMA on 10/19/12, and the 50-day SMA has remained below the...

Gold, Silver, Copper signaled downside technical corrections. Technology stock sector Relative Strength Ratio (XLK/SPY) and NASDAQ 100/S&P 500 Relative Strength Ratio (QQQ/SPY) both fell below their lows of the previous 9...

Silver/Gold ETFs Ratio (SLV/GLD) turned systematically neutral on 10/18/12 when it crossed below its 50-day SMA. NASDAQ 100/S&P 500 Relative Strength Ratio (QQQ/SPY) fell below its lows of the previous 8 months on 10/18/12,...