Downside Exhaustion and the Possibility of a Bounce

S&P 500 Composite (SPX, 1,306.10) bounced back from mid-day losses to end the day only 0.10% lower. SPX broke below the lows of the previous 15 trading days just before 2:00 p.m. but rallied to close in the top third of the day’s range. The market rejected the extreme low price of the day, which is a victory for the bulls and a defeat for the bears. Advances led declines on both the NYSE and Nasdaq. It was the third consecutive down day, but note that there have not been more than 3 consecutive down days since last November. The loss of downside momentum and the failure of bearish forces to keep the market down despite worrisome international news suggests downside exhaustion and the possibility of a bounce back in days ahead. The major trend is still bullish: last Friday, 2/18/11, SPX rose above the highs of the previous 2-years, which reconfirmed its preexisting Bullish Primary Tide Trend for the long term.

Materials and Utilities SPDR stock sector ETFs absolute price closed below its 50-day SMA, thereby turning neutral.

Materials and Utilities SPDR stock sector ETFs absolute price closed below its 50-day SMA, thereby turning neutral.

Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) crossed below its 50-day and 200-day SMAs. The raito is now bearish, based on the relationships of the ratio itself, its 50-day SMA, and its 200-day SMA.

The U.S. dollar price fell below the lows of the previous 3 months, reconfirming an intermediate-term downtrend.
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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 revealed to be deal stocks, sooner or later, 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
2.86% , TBH , Telebras HOLDRS, TBH
6.90% , PKI , PERKINELMER
5.15% , HRB , H&R BLOCK
0.32% , PWB , Lg Cap Growth PSD, PWB
2.56% , MI , MARSHAL & ILSLEY
3.57% , HSY , HERSHEY FOODS
0.79% , PPA , Aerospace & Defense, PPA
3.42% , KSS , KOHLS
1.71% , FII , FED INVESTORS STK B
6.43% , AMD , ADV MICRO DEV
0.51% , IGM , Technology GS, IGM
2.13% , NE , NOBLE
0.75% , HHH , Internet H, HHH
1.25% , MKC , MCCORMICK
7.67% , NIHD , NII Holdings, Inc.
2.27% , JCP , JC PENNEY
1.97% , CMA , COMERICA
0.97% , EP , EL PASO
0.55% , PWJ , Growth Mid Cap Dynamic PS, PWJ
0.04% , RSP , LargeCap Blend S&P=Weight R, RSP
1.49% , PMTC.O , PARAMETRIC
2.32% , SWK , Stanley Black & Decker
1.57% , ABT , ABBOTT LABS
0.35% , IYC , Consumer Cyclical DJ, IYC
1.10% , COL , ROCKWELL COLLINS
1.51% , CTB , COOPER TIRE
1.29% , OMC , OMNICOM
0.88% , LNC , LINCOLN NATL
1.16% , LTD , LIMITED BRANDS
0.34% , PGJ , China LargeCap Growth G D H USX PS, PGJ
0.52% , MTK , Technology MS sT, MTK
1.29% , HNZ , HJ HEINZ
0.72% , PFG , PRINCIPAL FINL

Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-4.80% , ETFC , E*TRADE FINANCIAL
-0.86% , PSTL , Steel Global PS ETF, PSTL
-7.36% , NEM , NEWMONT MINING
-5.54% , SHLD , SEARS HOLDINGS
-2.83% , TUR , Turkey MSCI iS, TUR
-0.17% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
-6.58% , ODP , OFFICE DEPOT
-2.94% , LVLT , LEVEL 3 COMMUNICATIONS
-0.28% , ADRA , Asia 50 BLDRS, ADRA
-3.47% , OMX , OFFICEMAX INC., OMX
-2.69% , CCE , COCA COLA ENTER
-2.32% , CEG , CONSTELL ENERGY
-4.63% , SLV , Silver Trust iS, SLV
-1.09% , PJP , Pharmaceuticals, PJP
-1.43% , PXJ , Oil & Gas, PXJ
-3.78% , HAL , HALLIBURTON
-0.43% , SCZ , Small Cap EAFE MSCI iS, SCZ
-4.00% , SUN , SUNOCO
-1.53% , IGE , Energy & Nat Res iS GS, IGE
-1.33% , AIV , APT INV MNGMT
-1.35% , DISH , EchoStar Communications
-1.68% , KMX , CarMax
-1.46% , ASH , ASHLAND
-1.75% , HIG , HARTFORD FINL
-0.28% , PFM , Dividend Achievers PS, PFM
-1.69% , NWL , NEWELL RUBBER
-1.44% , EQR , EQUITY RESIDENT BEN INT
-0.33% , NY , Value LargeCap NYSE 100 iS, NY
-1.50% , CMS , CMS ENERGY
-2.22% , STI , SUNTRUST BANKS
-1.71% , PG , PROCTER & GAMBLE
-2.09% , HANS , Hansen Natural, HANS
-1.63% , KEY , KEYCORP

9 major U.S. stock sectors ranked in order of long-term relative strength:

Energy (XLE) Bullish, Over Weight. The Relative Strength Ratio (XLE/SPY) rose further above 15-month highs on 2/13/11, reconfirming its preexisting bullish major trend. Absolute price of XLE rose above 2-year highs on 2/23/11, reconfirming its preexisting bullish major trend. Support 72.85, 68.73, 67.49, 65.25, 65.03, 60.96, 60.21, 57.70, 55.68, 53.22, 50.33, 48.56, 46.16, and 43.66. Resistance 83.27 and 91.42.

Industrial (XLI) Neutral, Market Weight. The Relative Strength Ratio (XLI/SPY) fell below its 50-day SMA on 2/23/11, thereby turning neutral for the short term. The ratio rose above 2-year highs on 2/17/11, which confirmed a bullish long-term trend. Absolute closed above 2-year closing price highs on 2/18/11 and remains bullish. Support 35.87, 35.38, 35.03, 31.82, 31.58, 30.79, 30.51, 30.32, 29.77, and 27.67. Resistance 39.02 and 39.97.

Consumer Discretionary (XLY) Neutral, Market Weight. The Relative Strength Ratio (XLY/SPY) fell below its 50-day SMA on 2/23/11, thereby turning neutral for the short term. Absolute price rose above 3-year highs on 2/18/11, which was a bullish confirmation for the longer-term trend. Support 36.61, 36.13, 35.32, 35.02, 34.78, 33.94, 33.11, 32.66, 31.70, 29.80, 28.64, 28.21, and 26.62. Resistance 40.13 and 40.70.

Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) whipsawed back below its 50-day SMA on 2/18/11 thereby turning neutral again. Absolute price closed below its 50-day SMA on 2/24/11 thereby turning neutral. Support 37.24, 36.99, 36.54, 34.20, 33.70, 32.36, 29.88, 29.43, and 27.67. Resistance 40.83 and 41.06.

Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) crossed below its 200-day SMA on 2/22/11, thereby reconfirming its preexisting neutral trend. This RS ratio rose above 8-year highs on 11/3/10, which was a bullish confirmation of the primary uptrend. Absolute price of XLK closed above 3-year closing price highs on 2/17/11and remains bullish. Support 25.65, 25.53, 23.87, 23.74, 23.64, 23.56, 22.68, 22.53, 21.60, 20.01, and 19.51. Resistance 27.09, 27.43, 27.63, and 28.60.

Financial (XLF) Neutral, Market Weight. The Relative Strength Ratio (XLF/SPY) crossed below its 200-day SMA on 2/22/11, thereby reconfirming its preexisting neutral trend. Absolute price of XLF rose above 2-year highs on 2/18/11 and remains bullish. Support 16.19, 16.03, 15.39, 15.08, 14.36, 14.25, 14.20, 13.29, and 13.08. Resistance 17.20 and 17.87.

Consumer Staples (XLP) Bearish, Under Weight. The Relative Strength Ratio (XLP/SPY) fell below 2-year lows on 2/14/11 and remains bearish. Absolute price crossed above its 50-day SMA on 2/4/11, thereby turning bullish for the short term. Support 28.80, 28.22, 28.04, 27.76, 27.63, 27.46, 26.34, 25.30, and 24.95. Resistance 29.82 and 30.29.

Health Care (XLV) Bearish, Under Weight. The Relative Strength Ratio (XLV/SPY) fell below 2-year lows on 2/11/11 and remains bearish, as it has been most of the time since peaking on 2/23/09. Absolute price rose above 13-month highs on 2/18/11 and remains bullish. Support 31.56, 31.43, 30.14, 30.11, 29.87, 28.00, 27.49. Resistance 32.85, 33.16, 33.37 and 33.74.

Utilities (XLU) Bearish, Under Weight. The Relative Strength Ratio (XLU/SPY) fell below 4-year lows on 2/18/11 and remains bearish. Absolute price closed below its 50-day SMA on 2/24/11 thereby turning neutral. Support 31.60, 31.23, 30.51, 29.66, 27.91, 27.44, and 25.76. Resistance 32.21 and 32.40.
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Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell further below 8-month lows on 2/22/11,again reconfirming its bearish trend. The ratio turned bearish from neutral on 2/4/11, based on the relationships of the ratio itself, its 50-day SMA, and its 200-day SMA.

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) turned bearish from neutral on 2/10/11, based on the relationships of the ratio itself, its 50-day SMA, and its 200-day SMA.

NASDAQ Composite/S&P 500 Relative Strength Ratio fell below 50-day SMA on 1/20/11, turning neutral for the short term. Long term, the ratio rose above 10-year highs on 1/18/11, confirming a bullish Primary Tide uptrend.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) turned bearish from neutral on 2/10/11, based on the relationships of the ratio itself, its 50-day SMA, and its 200-day SMA. Long term, the ratio fell below 28-year lows on 12/3/10, confirming a major bearish trend. Big caps had been relatively out of favor for more than 10 years, from 3/29/2000 to 12/3/10.

The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) whipsawed back below its 50-day SMA on 2/22/11, turning neutral again. Long term, the ratio rose above 20-year highs on 12/21/10, which confirmed a bullish trend.

The S&P MidCap 400/Large Cap Relative Strength Ratio (MDY/SPY) rose above all-time highs on 2/17/11, thereby reconfirming its preexisting bullish major trend. The ratio turned bullish from neutral on 2/7/11, based on the relationships of the ratio itself, its 50-day SMA, and its 200-day SMA.

Crude Oil nearest futures contract price rose above 2-year highs on 2/24/11, intraday, thereby reconfirming its preexisting bullish major trend. Support 87.09, 83.85, 83.55, 80.28, 80.06, 79.84, 79.25, 78.86, 72.63, 70.76, 70.35, 69.51, 68.59, 67.15, 65.05, and 64.24. Resistance 103.41.

Gold nearest futures contract price rose further above the highs of the previous 6 weeks on 2/24/11, again reconfirming a bullish trend for the short term. Long term, Gold rose above previous all-time highs on 12/7/10, confirming a bullish major trend. Support 1309.1, 1307.7, 1297.0, 1274.8, 1270.5, 1232.4, 1210.9, 1191.5, and 1155.6. Resistance: 1431.1.

Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) crossed below its 50-day and 200-day SMAs on 2/24/11. The ratio is now bearish, based on the relationships of the ratio itself, its 50-day SMA, and its 200-day SMA.

Silver nearest futures contract price rose above previous 30-year highs on 2/22/11, again reconfirming a bullish major trend. Support 31.61, 30.265, 26.30, 24.98, and 22.84. Resistance: 34.32.

Silver/Gold Ratio rose above 4-year highs on 2/23/11, confirming a bullish major trend.

Copper nearest futures contract price fell further below 3-week lows intraday on 2/24/11 before reversing to close higher, which might pose a challenge to the downside price pullback for the short term. Copper rose above all-time highs on 2/14/11, thereby reconfirming its preexisting bullish major trend. Strength in Copper suggests confidence about prospects for the world economy, while weakness in Copper suggests doubts. Support 4.208, 4.204, 4.08, 3.9795, 3.6065, 3.3930, 3.1775, 2.9285, 2.8555, 2.8445, and 2.72. Resistance: 4.6495.

U.S. Treasury Bond nearest futures contract price rose above 6-week highs on 2/24/11, confirming a “flight to safety” bounce for the short term. But the Bond fell further below 9-month lows on 2/9/11, confirming a bearish long-term major trend. Support, 115.15, 114.06, 113.04, and 112.15. Resistance 122.07, 123.26, 128.00 129.14, 129.27, 132.26, 133.00, 135.12, 135.19, 136.31, 137.31, and 142.31.

Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) remains bullish, above 50- and 200-day SMAs. JNK absolute price also remains bullish.

U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) has been in a rising trend since making a low on 8/24/10, even as absolute price of TIP has declined. A rising Relative Strength Ratio implies that fixed-income investors have been selling inflation protected TIPs at a relatively more subdued pace since 8/24/10, compared to the more severe price drop of the 7-10 Year U.S. Treasury Note ETF (IEF).

The U.S. dollar nearest futures contract price fell below the lows of the previous 3 months on 2/24/11, reconfirming an intermediate-term downtrend. Long term, USD fell below 11-month lows on 11/3/10, confirming a major downtrend. Support 75.235, 74.27, and 70.80. Resistance 78.98, 79.34, 81.635, 81.935, 82.02, 83.64, 84.73, 85.36, 86.71, 88.80, 89.22, 89.71, and 92.53.

Advisory Service Sentiment: There were 53.3% Bulls versus 18.9% Bears as of 2/23/11, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio stands at 2.82, nearly 1.5 standard deviations above the 20-year mean. The 20-year range is 0.41 to 3.74, the median is 1.55, and the mean is 1.63.

VIX Fear Index rose further above the highs of the previous 2 months to 23.22 on 2/23/11, reflecting a shift toward fear or bearish sentiment among options players. VIX is a market estimate of expected constant 30-day volatility, calculated by weighting S&P 500 Index CBOE option bid/ask quotes spanning a wide range of strike prices for the two nearest expiration dates.

The Dow Theory reconfirmed a Primary Tide Bull Market as of 2/17/11, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above closing price highs of the previous 2-years. The Dow Theory originally signaled the current Primary Tide Bull Market on 7/23/09, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 6 months. While other Dow Theorists were fooled by the big downside Secondary Reaction in May and June 2010 and called a “Bear Market”, my interpretation of the Dow Theory has been steadily Bullish on the Primary Tide Trend every day since 7/23/09.

S&P 500 Composite (SPX, 1,306.10) bounced back from mid-day losses to end the day only 0.10% lower. SPX broke below the lows of the previous 15 trading days just before 2:00 p.m. but rallied to close in the top third of the day’s range. The market rejected the extreme low price of the day, which is a victory for the bulls and a defeat for the bears. Advances led declines on both the NYSE and Nasdaq. It was the third consecutive down day, but note that there have not been more than 3 consecutive down days since last November. The loss of downside momentum and the failure of bearish forces to keep the market down despite worrisome international news suggests downside exhaustion and the possibility of a bounce back in days ahead. The major trend is still bullish: last Friday, 2/18/11, SPX rose above the highs of the previous 2-years, which reconfirmed its preexisting Bullish Primary Tide Trend for the long term.

S&P 500 Cash Index Potential Resistance
1576.09, high of 10/11/2007
1552.76, high of 10/31/2007
1523.57, high of 12/11/2007
1498.85, high of 12/26/2007
1440.24, high of 5/19/2008
1406.32, high of 5/29/2008
1381.50, Fibonacci 78.6% of 2007-2009 range
1366.59, high of 6/17/2008
1344.07, high of 2/18/11

S&P 500 Cash Index Potential Support
1294.26, low of 2/24/11
1275.10, low of 1/28/11
1271.26, low of 1/20/11
1261.70, low of 1/7/11
1251.48, low of 12/27/10
1246.73, high of 12/13/10
1238.81, Fibonacci 78.6% of 1,576.09 high
1235.05, high of 12/7/10
1232.85, low of 12/16/10
1228.74, Fibonacci 61.8% of 2007-2009 range
1227.08, high of 11/5/10
1173.00, low of 11/16/10
1171.70, low of 10/27/10
1166.74, low of 10/20/10
1159.71, low of 10/19/10
1,151.41, low of 10/7/10
1,131.87, low of 10/4/10
1122.79, low of 9/23/2010
1114.63, low of 9/15/2010
1110.88, low of 9/10/2010
1091.15, low of 9/7/2010
1039.70, low of 8/27/10
1039.31, Fibonacci 23.6% of June-Aug. 2010 range
1010.91, low of 7/1/2010
1008.55, Fibonacci 38.2% of 2009-2010 range
991.97, low of 9/2/2009
978.51, low of 8/17/2009
956.23, high of 6/11/2009
943.29, Gann 50.0% of 2009-2010 range
878.04, Fibonacci 61.8% of 2009-2010 range
874.17, Gann 62.5% of 2009-2010 range
869.32, low of 7/8/2009
805.17, Gann 75.0% of 2009-2010 range
785.13, Fibonacci 78.6% of 2009-2010 range
666.79, intraday low of 3/6/2009

One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol

2.04% Networking, IGN
1.70% WilderHill Clean Energy PS, PBW
1.56% Semiconductor iS IGW, SOXX
1.41% Semiconductor SPDR, XSD
1.27% Sweden Index, EWD
1.21% Russia MV, RSX
0.82% Brazil Index, EWZ
0.80% Microcap Russell, IWC
0.75% Growth SmallCap R 2000, IWO
0.73% Water Resources, PHO
0.70% Transportation Av DJ, IYT
0.66% Spain Index, EWP
0.65% Growth SmallCap VIPERs, VBK
0.65% Growth BARRA Small Cap 600, IJT
0.64% SmallCap Russell 2000, IWM
0.64% Bond, 20+ Years Treasury, TLT
0.60% Consumer Discretionary SPDR, XLY
0.59% SmallCap S&P 600, IJR
0.58% Industrial SPDR, XLI
0.57% Biotech SPDR, XBI
0.52% Growth LargeCap NASDAQ 100, QQQQ
0.51% Bond Muni ATM-Free S&P iS, MUB
0.46% Info Tech VIPERs, VGT
0.44% Italy Index, EWI
0.44% Telecom DJ US, IYZ
0.44% Value SmallCap S&P 600 B, IJS
0.43% Australia Index, EWA
0.43% Growth MidCap Russell, IWP
0.42% Technology DJ US, IYW
0.40% Austria Index, EWO
0.39% Small Cap VIPERs, VB
0.39% Value SmallCap Russell 2000, IWN
0.38% France Index, EWQ
0.36% Bond, TIPS, TIP
0.36% South Africa Index, EZA
0.35% Technology SPDR, XLK
0.34% Health Care SPDR, XLV
0.34% China LargeCap Growth G D H USX PS, PGJ
0.32% Growth MidCap 400 B, IJK
0.26% Indonesia MV, IDX
0.26% Bond, 10 Year Treasury, IEF
0.24% Emerging Markets, EEM
0.22% Emerging VIPERs, VWO
0.22% Value SmallCap VIPERS, VBR
0.21% EMU Europe Index, EZU
0.18% Mexico Index, EWW
0.18% Global ex US ACWI iS, ACWX
0.18% European VIPERs, VGK
0.15% Europe 350 S&P Index, IEV
0.11% Bond, Corp, LQD
0.11% Bond EmrgMkt JPM iS, EMB
0.08% EAFE Index, EFA
0.08% Growth VIPERs, VUG
0.08% Bond, High-Yield Corporate, HYG
0.07% Bond Ex-US Treas, BWX
0.05% Bond, 1-3 Year Treasury, SHY
0.05% MidCap Russell, IWR
0.04% Growth S&P 500/BARRA, IVW
0.04% LargeCap Blend S&P=Weight R, RSP
0.03% Value EAFE MSCI, EFV
0.03% Capital Markets KWB ST, KCE
0.02% Pacific ex-Japan, EPP
0.02% Bond, Aggregate, AGG
0.02% South Korea Index, EWY
0.01% Blend Total Market VIPERs, VTI
0.01% LargeCap Blend Russell 3000, IWV
0.01% Bond Treasury Short-Term iS, SHV
0.00% Financial Preferred, PGF
0.00% Bond, High-Yield Junk, JNK
-0.01% MidCap S&P 400 SPDRs, MDY
-0.01% MidCap S&P 400 iS, IJH
-0.02% Growth 1000 Russell, IWF
-0.02% Latin Am 40, ILF
-0.02% Dividend DJ Select, DVY
-0.06% LargeCap 1000 R, IWB
-0.06% S&P 500 iS LargeCap Blend, IVV
-0.07% LargeCap VIPERs, VV
-0.07% S&P 500 SPDRs LargeCap Blend, SPY
-0.08% Preferred Stock iS, PFF
-0.12% Dividend High Yield Equity PS, PEY
-0.12% Canada Index, EWC
-0.16% Switzerland Index, EWL
-0.16% Value 1000 Russell, IWD
-0.17% Homebuilders SPDR, XHB
-0.19% Dividend International, PID
-0.19% China 25 iS, FXI
-0.19% Emerging 50 BLDRS, ADRE
-0.20% Growth EAFE MSCI, EFG
-0.23% Singapore Index, EWS
-0.24% LargeCap Blend S&P 100, OEF
-0.24% Financial SPDR, XLF
-0.24% Dividend SPDR, SDY
-0.25% Value VIPERs, VTV
-0.26% Pacific VIPERs, VPL
-0.27% Japan Index, EWJ
-0.27% Financial Services DJ, IYG
-0.27% Value S&P 500 B, IVE
-0.27% Dividend Appreciation Vipers, VIG
-0.28% Taiwan Index, EWT
-0.28% Value MidCap Russell, IWS
-0.29% Value MidCap S&P 400 B, IJJ
-0.29% Global 100, IOO
-0.29% Belgium Index, EWK
-0.31% Germany Index, EWG
-0.32% Financials VIPERs, VFH
-0.32% Financial DJ US, IYF
-0.33% United Kingdom Index, EWU
-0.36% DIAMONDS (DJIA), DIA
-0.36% Chile MSCI iS, ECH
-0.36% Value LargeCap Dynamic PS, PWV
-0.37% Utilities VIPERs, VPU
-0.38% Thailand MSCI iS, THD
-0.39% Utilities SPDR, XLU
-0.41% Netherlands Index, EWN
-0.41% Consumer Staples SPDR, XLP
-0.43% Metals & Mining SPDR, XME
-0.43% Small Cap EAFE MSCI iS, SCZ
-0.45% Basic Materials DJ US, IYM
-0.52% Materials SPDR, XLB
-0.55% Real Estate US DJ, IYR
-0.55% Hong Kong Index, EWH
-0.69% REIT Wilshire, RWR
-0.75% Gold Shares S.T., GLD
-0.75% Realty Cohen & Steers, ICF
-0.76% REIT VIPERs, VNQ
-0.79% Agriculture DB PS, DBA
-0.79% Frontier Markets Guggenheim , FRN
-0.89% Commodity Tracking, DBC
-1.06% Malaysia Index, EWM
-1.10% Energy Global, IXC
-1.26% Energy VIPERs, VDE
-1.32% India PS, PIN
-1.41% Energy SPDR, XLE
-1.45% Energy DJ, IYE
-1.53% Energy & Nat Res iS GS, IGE
-1.89% India Earnings WTree, EPI
-2.09% Oil, Crude, U.S. Oil Fund, USO
-2.83% Turkey MSCI iS, TUR
-4.63% Silver Trust iS, SLV