Financial (XLF) stock sector ETF Relative Strength Ratio (XLF/SPY) 50-day SMA fell below 200-day SMA on 11/8/13, thereby turning systematically bearish (from neutral). Longer term, although the XLF/SPY moderately outperformed from 11/29/11 to 7/22/13, it has substantially underperformed over the past 9 years, since 3/23/04, and the secular trend may be bearish still.
Emerging Markets Stocks ETF (EEM) and iShares MSCI BRIC Fund (BKF) Relative Strength Ratios both fell below lows of the previous 2 months on 11/8/13, thereby confirming preexisting long-term downtrends.
Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) price turned systematically bearish (from neutral) on 11/8/13 when it whipsawed back down below its 50-day SMA.
Agriculture, PowerShares DB Agriculture Fund ETF (DBA) price fell below its lows of the previous 2 months on 11/8/13 and remains systematically bearish.
The S&P 500 Composite Index (SPX: 1,770.61, up 1.34%) absolute price opened steady on Friday and rose most of the day, recovering everything it lost on Thursday. SPX closed very near its highest levels of the day, above the open, and above the midpoint of the day’s high-low range.
The Dow Jones Industrial Average rose 1.08% to a new closing price high but the Dow-Jones Transportation Average diverged by failing to rise to a higher closing price high. The S&P 500 and the NASDAQ Composite also failed to close at higher highs.
NYSE total volume fell 7% to a level 5% above 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 Cumulative Up-Down Volume Line and the Cumulative Daily Advance-Decline Line on the NYSE both reversed to the upside on Friday. Both remain systematically bullish above 50- and 200-day day SMAs, but both remain well below their recent highs. Although on 10/29/13 the Advance-Decline Line rose above previous highs to confirm the higher high for the S&P 500 Composite Stock Price Index, the Up-Down Volume Line failed to rise above its September high, thereby continuing to signal bearish divergence.
Momentum oscillators RSI and MACD based on the S&P 500 are currently relatively weak. They have stubbornly remained divergent below previous highs for the year as the S&P 500 rose to higher highs over recent months.
Momentum divergences, persistently low trading volume, excessive bullish sentiment, and prospects for continuing dysfunctional political games remain challenges to a sustainable upside trend.
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Stock Market Indicators
The Dow Theory reconfirmed a Primary Tide Bull Market on 10/29/13 when the Dow-Jones Industrial Average and the Dow-Jones Transportation Average both closed at new closing price highs. On 11/8/13, the Dow-Jones Industrial Average rose to a new closing price high but the Dow-Jones Transportation Average diverged by failing to rise to a higher closing price high.
NASDAQ 100/S&P 500 Relative Strength Ratio (QQQ/SPY) fell below its 50-day SMA on 11/7/13, thereby turning systematically neutral (from bullish). Absolute price whipsawed back up above its 50-day SMA on 10/10/13, thereby turning systematically bullish (from neutral).
iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) fell below its lows of the previous 2 months on 11/8/13, thereby confirming its preexisting long-term downtrend. BKF/SPY turned systematically bearish (from neutral) on 10/31/13 by whipsawing back down below its 50-day SMA. The 50-day SMA remains below the 200-day SMA. BKF/SPY has underperformed since it peaked on 10/14/2010. Absolute price of BKF also fell below its lows of the previous 2 months on 11/8/13, thereby confirming its preexisting short-term downtrend. Price peaked at 42.29 on 2/1/13, fell to a 20-month low at 32.62 on 6/24/13, and remains stuck in that trading range.
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell below its lows of the previous 2 months on 11/8/13, thereby confirming its preexisting long-term downtrend. EEM/SPY turned systematically bearish (from neutral) on 10/31/13 by whipsawing back down below its 50-day SMA. Long term, the 50-day SMA remains far below the 200-day SMA, and EEM/SPY has underperformed since the ratio peaked on 10/14/2010. This year, absolute price of EEM peaked at 45.34 on 1/2/13, fell to a 19-month low of 36.16 on 6/24/13, and remains stuck in that trading range.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) fell below its lowest levels of the previous 2 months on 11/8/13, thereby confirming its preexisting downtrend. For nearly 6 years, from 11/27/07 to 7/9/13, EFA/SPY substantially underperformed, and that secular trend may still be in effect.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEF/SPY) turned systematically neutral (from bearish) on 11/6/13 by rising back up above its 50-day SMA. 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) fell below its lows of the previous 2 months on 11/7/13, thereby confirming a medium-term downtrend. IWM/SPY turned systematically neutral (from bullish) on 10/30/13 by falling below its 50-day SMA. Absolute price whipsawed back up above its 50-day SMA on 10/10/13, thereby turning systematically bullish (from neutral).
The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) fell below its lows of the previous 6 weeks on 11/7/13, thereby confirming a medium-term downtrend. MDY/SPY turned systematically neutral (from bullish) on 11/5/13 by falling below its 50-day SMA. Absolute price whipsawed back up above its 50-day SMA on 10/10/13, thereby turning systematically bullish (from neutral).
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Tangible Assets, Commodities
U.S. dollar ETF (UUP) price whipsawed back up above its 50-day SMA on 11/7/13, thereby turning systematically neutral (from bearish). The 50-day SMA remains in a weak position below its 200- day SMA. UUP has been consolidating secular trend losses since bottoming at 20.84 on 5/4/11. Support 21.07 and 20.84. Resistance 22.34, 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 previous 2 months on 11/8/13. DBA turned systematically bearish (from neutral) on 10/29/13, when it fell below its 50-day SMA. DBA price was in a cyclical bear market for 29 months from a peak at 35.58 on 3/4/11 to a low of 24.36 on 8/2/13.
Crude Oil, United States Oil ETF (USO) price fell below its lows of the previous 4 months on 11/5/13, thereby confirming a medium-term downtrend. Price fell below its 50-day SMA on 9/20/13, thereby turning systematically neutral again (from bullish). Support 32.53, 32.12, 30.79, 29.02, 26.28, and 22.74. Resistance 35.61, 37.59, 39.54, 39.64, 40.29, 41.38, 42.30, and 45.60.
Gold, SPDR Gold Shares ETF (GLD) price whipsawed back down below its 50-day SMA on 10/31/13, thereby turning systematically bearish again (from neutral). Support: 121.85, 114.68, 113.08 and 102.28. Resistance: 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 absolute price peaked at 66.98 on 9/9/11. Longer term, GDX/GLD has remained mostly bearish for more than 7 years, since 9/5/06.
Silver, iShares Silver Trust ETF (SLV) price whipsawed back down below its 50-day SMA on 10/31/13, thereby turning systematically bearish again (from neutral). Support 19.88, 18.71, 17.75, 16.73, 14.37, 12.27, 11.64, and 8.45. Resistance: 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) whipsawed back down below its 50-day SMA on 10/31/13, thereby turning systematically bearish again (from neutral). SLV underperformed GLD substantially for more than 2 years from 4/28/11 to 7/30/13.
Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) price whipsawed back down below its 50-day SMA on 11/4/13, thereby turning systematically bearish again (from neutral). Longer term, JJC price was in a persistent downtrend for more than 2 years from its peak of 61.69 on 2/14/11 to its low of 36.87 on 6/24/13. “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
3.20% , PBE , Biotech & Genome, PBE
5.54% , SCHW.K , CHARLES SCHWAB, SCHW.O
9.75% , GPS , GAP
3.40% , SNV , SYNOVUS
5.36% , MET , METLIFE
3.89% , DHR , DANAHER
5.62% , RF , REGIONS FINAN
1.75% , VHT , Health Care VIPERs, VHT
2.15% , PST , 200% Short Bond 7-10 Yr T, PST
2.46% , MTB , M&T BANK
3.79% , UNM , UNUMPROVIDENT
5.28% , ETFC , E*TRADE FINANCIAL
5.68% , LNC , LINCOLN NATL
3.77% , BAC , BANK OF AMERICA
4.47% , JPM , J P MORGAN CHASE
4.87% , FITB , FIFTH THIRD BANC
3.59% , PNC , PNC FINL SVC
3.56% , HBAN , HUNTINGTON
1.56% , PWV , Value LargeCap Dynamic PS, PWV
1.19% , IWS , Value MidCap Russell, IWS
1.68% , IWN , Value SmallCap Russell 2000, IWN
4.67% , TBT , 200% Short US T Bond, TBT
6.98% , NVDA , NVIDIA
0.50% , EWH , Hong Kong Index, EWH
1.90% , IYF , Financial DJ US, IYF
1.26% , IVW , Growth S&P 500/BARRA, IVW
1.12% , XLG , LargeCap Rydex Rus Top 50, XLG
1.36% , PPA , Aerospace & Defense, PPA
2.63% , URBN , Urban Outfitters Inc.
1.86% , VFH , Financials VIPERs, VFH
3.47% , KWT , Solar Energy MV, KWT
2.85% , TROW , T ROWE PRICE GP
3.15% , PFG , PRINCIPAL FINL
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Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-11.18% , JNY , JONES APPAREL
-11.45% , CTB , COOPER TIRE
-2.97% , SWY , SAFEWAY
-1.12% , IEF , Bond, 10 Year Treasury, IEF
-3.77% , PHM , PULTE HOMES
-4.23% , LEN , Lennar Corp. (LEN)
-2.21% , DHI , D.R. HORTON, DHI
-2.41% , TLT , Bond, 20+ Years Treasury, TLT
-1.94% , ECH , Chile MSCI iS, ECH
-3.41% , MNST , Monster Beverage, MNST
-0.99% , BWX , Bond Ex-US Treas, BWX
-0.77% , EMB , Bond EmrgMkt JPM iS, EMB
-1.34% , IYR , Real Estate US DJ, IYR
-0.75% , SO , SOUTHERN
-3.33% , KBH , KB HOME
-0.71% , LOW , LOWES
-1.50% , IAU , Gold COMEX iS, IAU
-0.85% , EIX , EDISON INTL
-0.25% , JNK , Bond, High-Yield Junk, JNK
-0.34% , VWO , Emerging VIPERs, VWO
-0.54% , HOLX , Hologic, Inc., HOLX
-0.63% , EWZ , Brazil Index, EWZ
-0.38% , GVI , Bond Interm U.S. Gov, GVI
-0.99% , ILF , Latin Am 40, ILF
-2.62% , SDS , Short 200% S&P 500 PS, SDS
-0.67% , PCG , PG&E
-0.67% , SLV , Silver Trust iS, SLV
-0.33% , CMS , CMS ENERGY
-0.69% , CLX , CLOROX
-0.42% , PFF , Preferred Stock iS, PFF
-0.98% , LQD , Bond, Corp, LQD
-0.85% , TIP , Bond, TIPS, TIP
-0.28% , HD , HOME DEPOT
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
4.11% , Biotech SPDR, XBI
2.98% , WilderHill Clean Energy PS, PBW
2.80% , Financial Services DJ, IYG
2.62% , Capital Markets KWB ST, KCE
2.49% , Metals & Mining SPDR, XME
2.33% , Financial SPDR, XLF
2.28% , SmallCap Growth Russell 2000 iS, IWO
2.03% , China LargeCap Growth G D H USX PS, PGJ
1.99% , Microcap Russell, IWC
1.96% , Basic Materials DJ US, IYM
1.90% , Financial DJ US, IYF
1.87% , Networking, IGN
1.86% , Financials VIPERs, VFH
1.86% , Materials SPDR, XLB
1.82% , SmallCap Growth S&P 600 iS, IJT
1.82% , SmallCap Blend Russell 2000 iS, IWM
1.72% , SmallCap Value S&P 600 iS, IJS
1.70% , SmallCap Blend S&P 600 iS, IJR
1.70% , Growth SmallCap VIPERs, VBK
1.68% , SmallCap Value Russell 2000 iS, IWN
1.60% , Energy VIPERs, VDE
1.59% , Consumer Discretionary SPDR, XLY
1.57% , MidCap Blend S&P 400 iS, IJH
1.56% , Value LargeCap Dynamic PS, PWV
1.56% , Value SmallCap VIPERS, VBR
1.56% , Energy & Nat Res iS GS, IGE
1.55% , MidCap S&P 400 SPDRs, MDY
1.55% , Small Cap VIPERs, VB
1.54% , Energy DJ, IYE
1.49% , Energy SPDR, XLE
1.47% , Health Care SPDR, XLV
1.45% , MidCap Value S&P 400 iS, IJJ
1.43% , LargeCap Blend Russell 3000 iS, IWV
1.43% , LargeCap Value Russell 1000 iS, IWD
1.41% , MidCap Growth S&P 400 iS, IJK
1.41% , Growth MidCap Russell, IWP
1.38% , Value VIPERs, VTV
1.36% , LargeCap Blend S&P 500 iS, IVV
1.35% , Industrial SPDR, XLI
1.35% , MidCap Russell, IWR
1.35% , QQQ Nasdaq 100 Trust, QQQ
1.35% , S&P 500 SPDRs LargeCap Blend, SPY
1.35% , LargeCap Value S&P 500 iS, IVE
1.35% , LargeCap VIPERs, VV
1.34% , LargeCap Blend Russell 1000 iS, IWB
1.33% , Blend Total Market VIPERs, VTI
1.33% , Semiconductor SPDR, XSD
1.29% , LargeCap Blend S&P=Weight R, RSP
1.28% , LargeCap Blend S&P 100, OEF
1.26% , LargeCap Growth S&P 500 iS, IVW
1.24% , Transportation Av DJ, IYT
1.21% , LargeCap Growth Russell 1000 iS, IWF
1.19% , Value MidCap Russell, IWS
1.15% , Info Tech VIPERs, VGT
1.15% , Growth VIPERs, VUG
1.13% , Spain Index, EWP
1.08% , Semiconductor iS IGW, SOXX
1.07% , Technology DJ US, IYW
1.05% , DIAMONDS (DJIA), DIA
1.05% , Dividend High Yield Equity PS, PEY
1.02% , Water Resources, PHO
1.00% , Italy Index, EWI
0.99% , Global LargeCap Blend MSCI iS, ACWI
0.97% , Global 100, IOO
0.96% , Dividend Appreciation Vipers, VIG
0.91% , Technology SPDR, XLK
0.85% , Indonesia MV, IDX
0.85% , Energy Global, IXC
0.84% , United Kingdom Index, EWU
0.80% , Dividend U.S. DJ iS, DVY
0.80% , Dividend ex-U.S. DJ iS, IDV
0.75% , SmallCap Blend EAFE MSCI iS, SCZ
0.73% , Japan Index, EWJ
0.71% , Pacific VIPERs, VPL
0.67% , Growth EAFE MSCI, EFG
0.64% , EMU Europe Index, EZU
0.62% , Canada Index, EWC
0.61% , Dividend SPDR, SDY
0.61% , Netherlands Index, EWN
0.59% , Foreign LargeCap EAFE MSCI iS, EFA
0.56% , China 25 iS, FXI
0.56% , Commodity Tracking, DBC
0.55% , Europe 350 S&P Index, IEV
0.54% , European VIPERs, VGK
0.52% , Telecom DJ US, IYZ
0.52% , Value EAFE MSCI, EFV
0.50% , Hong Kong Index, EWH
0.49% , Consumer Staples SPDR, XLP
0.41% , Germany Index, EWG
0.39% , Pacific ex-Japan, EPP
0.38% , Australia Index, EWA
0.32% , Agriculture DB PS, DBA
0.31% , Global ex U.S. LargeCap Blend, ACWX
0.29% , France Index, EWQ
0.28% , Switzerland Index, EWL
0.28% , Dividend International, PID
0.19% , Malaysia Index, EWM
0.18% , South Korea Index, EWY
0.15% , Oil Fund PowerShares, DBO
0.13% , Belgium Index, EWK
0.12% , Oil, Crude, U.S. Oil Fund, USO
0.10% , Homebuilders SPDR, XHB
0.06% , Sweden Index, EWD
0.04% , Taiwan Index, EWT
0.00% , Bond Treasury Short-Term iS, SHV
-0.05% , Utilities VIPERs, VPU
-0.07% , Bond, 1-3 Year Treasury, SHY
-0.11% , Emerging 50 BLDRS, ADRE
-0.17% , Bond, High Yield Corp iBoxx iS, HYG
-0.18% , Utilities SPDR, XLU
-0.22% , Emerging Markets MSCI iS, EEM
-0.25% , Bond, High-Yield Junk, JNK
-0.25% , Mexico Index, EWW
-0.28% , South Africa Index, EZA
-0.28% , Russia MV, RSX
-0.29% , Singapore Index, EWS
-0.30% , Austria Index, EWO
-0.34% , Emerging VIPERs, VWO
-0.41% , Financial Preferred, PGF
-0.42% , Preferred Stock iS, PFF
-0.62% , Bond, Intermediate US Aggregate iS, AGG
-0.63% , Brazil Index, EWZ
-0.67% , Silver Trust iS, SLV
-0.68% , India Earnings WTree, EPI
-0.69% , Bond, Muni S&P ATM-Free iS, MUB
-0.74% , Thailand MSCI iS, THD
-0.77% , Bond, Emerging Mkt JPM iS, EMB
-0.85% , Bond, TIPS U.S. Treasury iS, TIP
-0.96% , India PS, PIN
-0.98% , Bond, Long-Term Corp iBoxx iS, LQD
-0.99% , Bond Ex-US Treas, BWX
-0.99% , Latin Am 40, ILF
-1.09% , Turkey MSCI iS, TUR
-1.12% , Bond, 10 Year Treasury, IEF
-1.14% , Realty Cohen & Steers, ICF
-1.19% , REIT Wilshire, RWR
-1.30% , Bear, Short S&P 500, SH
-1.34% , Real Estate US DJ iS, IYR
-1.35% , REIT VIPERs, VNQ
-1.49% , Gold Shares S.T., GLD
-1.62% , Frontier Markets Guggenheim , FRN
-1.94% , Chile MSCI iS, ECH
-2.41% , Bond, 20+ Years Treasury, TLT
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The S&P 500 Composite Potential Resistance
1775.92, high of 10/30/2013
The S&P 500 Composite Potential Support
1752.70, low of 11/1/2013
1740.50, low of 10/23/2013
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
1705.51, 50-day SMA
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
1652.62, Fib 38.2% of Jun-Aug 2013
1652.61, low of 8/16/2013
1646.47, low of 10/9/2013
1635.00, Fib 50.0% of Jun-Aug 2013
1629.05, low of 8/27/2013
1627.93, 200-day SMA
1617.38, Fib 61.8% of Jun-Aug 2013
1606.04, Fib 23.6% of Nov-May 2013
1592.29, Fib 78.6% of Jun-Aug 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
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
