Industrial Stock Sector ETF Relative Strength Ratio (XLI/SPY) fell below its lows of the previous 4 months on 4/15/13.
Technology Stock Sector ETF Relative Strength Ratio (XLK/SPY) fell below its lows of the previous 20 months on 4/5/13, reconfirming its preexisting major downtrend (bearish).
Energy Stock Sector ETF Relative Strength Ratio (XLE/SPY) fell below its lows of the previous 9 months on 4/15/13, confirming a preexisting significant downtrend. XLE absolute price fell below its lows of the previous 4 months on 4/15/13.
Materials Stock Sector ETF Relative Strength Ratio (XLB/SPY) fell below its lows of the previous 6 years on 4/15/13, reconfirming its preexisting major downtrend (bearish). XLB/SPY turned systematically bearish on 3/28/13, when the 50-day SMA crossed below the 200-day SMA.
iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) fell below the lows of the previous 4 years on 4/15/13, reconfirming its major downtrend.
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell below the lows of the previous 4 years on 4/15/13, reconfirming its major downtrend.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEF/SPY) turned systematically neutral on 4/15/13 when it rose above the 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) turned systematically neutral on 4/1/13 when it fell below the 50-day SMA. IWM/SPY fell below the 200-day SMA on 4/15/13.
The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) fell below the lows of the previous 3 months on 4/15/13, suggesting a short-term correction, at least.
Agriculture, PowerShares DB Agriculture Fund ETF (DBA) price fell below its lows of the previous 2 years on 4/15/13, again confirming its major bearish trend. Price turned systematically bearish on 1/11/13 when the 50-day SMA crossed down below the 200-day SMA.
Crude Oil, United States Oil ETF (USO) price fell below its lows of the previous 4 months on 4/15/13, suggesting a medium-term downtrend. Price remains systematically neutral but appears to be heading toward a bearish 50/200-day SMA crossover in days ahead. Longer term, USO has been mostly bearish since peaking at 119.17 on 7/11/08. Support
Gold, SPDR Gold Shares ETF (GLD) price fell below its lows of the previous 2 years on 4/15/13, thereby reconfirming its preexisting major bearish trend. Price turned systematically bearish on 2/22/13, when the 50-day SMA fell below the 200-day SMA. Longer term, GLD has been mostly bearish since peaking at 185.85 on 9/6/11.
Silver, iShares Silver Trust ETF (SLV) price fell below its lows of the previous 2 years on 4/15/13, thereby reconfirming its preexisting major bearish trend. Price turned systematically bearish on 3/1/13, when the 50-day SMA fell below the 200-day SMA.
Silver/Gold ETFs Ratio (SLV/GLD) fell below its lows of the previous 2 years on 4/15/13, confirming a major downtrend.
Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) price fell below its lows of the previous 18 months on 4/15/13, thereby reconfirming a bearish major trend. JJC remains systematically bearish. JJC has been mostly bearish since peaking at 61.69 on 2/14/11. “Dr. Copper” is widely accepted as one of the better indicators of investor confidence (or lack thereof) in the global industrial economy, so price weakness in Copper implies a weak economic outlook.
On Monday, stock prices opened lower and continued to fall most of day. The S&P 500 Composite Index (SPX: 1,552.36) finished down 2.30%, the Nasdaq Composite Index fell 2.38, the Dow Jones Industrial Average declined by 1.79, and the Dow Jones Transportation Average closed lower by 3.81.
NYSE total volume jumped 49% to a level 49% above its 200-day SMA.
Breadth was extremely bearish, with 383 Advances and 2709 Declines. In addition, Advancing/Declining Volume was very negative, with 0.5 Advancing Stock Volume to 4.1 Declining Stock Volume.
Daily price momentum oscillators have been diverging bearishly for many weeks and months while price indexes rose to higher highs. Momentum oscillators have remained below their highs of January, 2013, and below their 2011-2012 highs. For example, RSI(14) based on the S&P 500 Index peaked at 74.46 on 1/29/13 but was only able to rise to 67.28 on 4/11/13 when the S&P 500 closed at a higher high. And MACD(12,26,9) peaked at 17.88 on 1/29/13 but was only 11.48 on 4/11/13. Bearishly diverging momentum is a problem because momentum is a leading indicator of price.
There are more divergences. The Dow Jones Transportation Average and Russell 2000 Small Cap Index failed to rise to higher highs in April. 2013 to confirm the S&P 500 and Dow Industrials. In addition, the following indicators based on the S&P 500 failed to rise to new highs: the percentage of stocks in the S&P 500 trading above their 50-day SMAs and the Bullish Percentage of stocks in the S&P 500 in Point-and-Figure Chart uptrends. Finally, NYSE Net New Highs failed to rise above highs of January, 2013.
The Art of Contrary Thinking has been calling for questioning overwhelming bullish sentiment. Objective investor sentiment data clearly have demonstrated extremely high degrees of optimism and bullish complacency, matching or exceeding extremes at past market price tops. The pendulum of emotion tends to swing too far in one direction, but the market mood always reverts to the mean–eventually. Sentiment extremes are a leading indicator of price.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9 major U.S. stock sectors ranked in order of long-term relative strength:
Health Care (XLV) Neutral, Under Weight. The Relative Strength Ratio (XLV/SPY) turned systematically bullish on 1/24/13, when it rose above its 50-day SMA. XLV/SPY remains above its 200-day SMA, and the 50-day SMA has remained above the 200-day SMA consistently every day since 6/5/12. Absolute price turned systematically bullish on 1/2/13, when it rose above its 50-day SMA. Support: 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: 48.01.
Consumer Discretionary (XLY) Neutral, Under Weight. The Relative Strength Ratio (XLY/SPY) rose above its 50-day SMA on 2/27/13, thereby turning systematically bullish again. XLY/SPY remains above its 200-day SMA, and the 50-day SMA has been above the 200-day SMA since 12/16/11. Absolute price turned systematically bullish on 11/23/12 when price crossed above its 50-day SMA. The 50-day SMA has remained above the 200-day SMA since 12/16/11. Support: 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: 54.41.
Consumer Staples (XLP) Neutral, Under Weight. The Relative Strength Ratio (XLP/SPY) 50-day SMA crossed above the 200-day SMA on 4/15/13, thereby turning systematically bullish. Absolute price remains bullish. Support: 39.50, 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: 40.73.
Financial (XLF) Neutral, Under Weight. The Relative Strength Ratio (XLF/SPY) fell below its 50-day SMA on 3/27/13, thereby turning systematically neutral. Longer term, although the XLF/SPY has moderately outperformed since the bottom on 3/6/09, it has substantially underperformed over the past 9 years, since 3/23/04, and the secular trend may be bearish still. Absolute price turned systematically bullish on 12/5/12 when it rose above its 50-day SMA. Price remains above its 200-day SMA, and the 50-day SMA has remained above the 200-day SMA since 2/21/12. Support: 17.77, 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: 18.65, 20.70, 24.50, and 28.17.
Utilities (XLU) Neutral, Under Weight. The Relative Strength Ratio (XLU/SPY) remains systematically neutral, with the 50-day SMA still significantly below the 200-day SMA. Absolute price has been systematically bullish since 3/11/13, when the 50-day SMA crossed above the 200-day SMA. Support: 38.97, 37.76, 37.69, 36.78, 35.09, 34.22, 33.84, 33.18, 31.94, 29.45, 27.91, 27.44, and 25.76. Resistance: 40.39, 41.98 and 44.66.
Industrial (XLI) Neutral, Under Weight. The Relative Strength Ratio (XLI/SPY) fell below its lows of the previous 4 months on 4/15/13. XLI/SPY turned systematically neutral (from bullish) on 3/20/13 when it crossed below the 50-day SMA. Absolute price is systematically bullish again: above the 50-day SMA, above the 200-day SMA, and with the 50-day SMA above the 200-day SMA. Support: 40.44, 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: 42.16.
Technology (XLK) Bearish, Under Weight. The Relative Strength Ratio (XLK/SPY) fell below its lows of the previous 20 months on 4/5/13, reconfirming its preexisting major downtrend (bearish). XLK absolute price turned systematically neutral on 4/15/13, when price crossed below the 50-day SMA. Price remains above the 200-day SMA, and the 50-day SMA remains above the 200-day SMA. Support: 29.47, 29.21, 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: 30.63, 31.22, 31.74, 32.00, 34.85, 36.40, and 39.07.
Energy (XLE) Neutral, Under Weight. The Relative Strength Ratio (XLE/SPY) fell below its lows of the previous 9 months on 4/15/13, confirming a preexisting significant downtrend. XLE/SPY remains systematically neutral–but, with the 50/200-day SMAs now converging, it appears to be heading toward a bearish SMA crossover in weeks ahead. XLE/SPY fell below its 50-day SMA on 3/18/13, and it fell below its 200-day SMA on 4/2/13. XLE absolute price fell below its lows of the previous 4 months on 4/15/13. Price turned systematically neutral on 4/12/13, when price fell below the 50-day SMA. Price remains above the 200-day SMA, and the 50-day SMA remains above the 200-day SMA. Support: 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: 80.14, 80.97, 83.27, and 91.42.
Materials (XLB) Bearish, Under Weight. The Relative Strength Ratio (XLB/SPY) fell below its lows of the previous 6 years on 4/15/13, reconfirming its preexisting major downtrend (bearish). XLB/SPY turned systematically bearish on 3/28/13, when the 50-day SMA crossed below the 200-day SMA. XLB absolute price fell below its lows of the previous 3 months on 4/15/13. Price turned systematically turned systematically again on 4/12/13, when it fell below the 50-day SMA. Price remains above the 200-day SMA, and the 50-day SMA remains above the 200-day SMA. Support: 37.95, 37.35, 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: 40.04, 40.20, 40.72, 41.28, 43.04, 45.21, and 46.54.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Stock Market Indicators
The Dow Theory last confirmed a Primary Tide Bull Market on 3/14/13, when both Dow-Jones Industrial and Transportation Averages closed at new price highs. The Dow-Jones Industrial Average closed at a higher high on 4/11/13, while the Dow-Jones Transportation Average rose to a lower high, thereby continuing a bearish divergence.
NASDAQ 100/S&P 500 Relative Strength Ratio (QQQ/SPY) fell below its lows of the previous 19 months on 4/8/13. QQQ/SPY has remained systematically bearish most of the time since 11/7/12, when the 50-day SMA fell below the 200-day SMA. Absolute price turned systematically neutral on 4/5/13 when it fell below the 50-day SMA.
iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) fell below the lows of the previous 4 years on 4/15/13, reconfirming its major downtrend. BKF/SPY turned systematically bearish on 3/27/13, when the 50-day SMA crossed below the 200-day SMA. BKF/SPY fell below its 50-day SMA on 2/4/13 and fell below its 200-day SMA on 2/19/13. Price peaked at 42.29 on 2/1/13 and fell to a 4-month low on 4/15/13.
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell below the lows of the previous 4 years on 4/15/13, reconfirming its major downtrend. EEM/SPY turned systematically bearish on 3/20/13, when the 50-day SMA fell below the 200-day SMA. Price peaked at 45.34 on 1/2/13 and fell to a 4-month low on 4/15/13.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) fell below the lows of the previous 5 months on 4/1/13, reconfirming a medium-term downtrend. EFA/SPY remains systematically neutral but has been losing long-term momentum since 12/28/12.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEF/SPY) turned systematically neutral on 4/15/13 when it rose above the 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) turned systematically neutral on 4/1/13 when it fell below the 50-day SMA. IWM/SPY fell below the 200-day SMA on 4/15/13. Absolute price peaked on 3/15/13 and has been lagging the broader stock market price indexes since then.
The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) fell below the lows of the previous 3 months on 4/15/13, suggesting a short-term correction, at least. MDY/SPY turned systematically neutral on 4/1/13 when it fell below the 50-day SMA. Absolute price remains systematically bullish but has been lagging the broader stock market price indexes since 3/20/13.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fixed-Income Investments
Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) price rose above its highs of the past 3 months on 4/5/13, thereby confirming a medium-term uptrend. Previously, price rose above its 50-day SMA on 3/22/13, thereby turning systematically neutral. Various technical oscillators, such as RSI and MACD, are now pointing upward after showing losses of downside momentum and bullish divergences since 2/1/13. Support 117.49, 114.62, 109.69, 106.08, 103.20, 102.27, 96.31, 94.83, 93.14, 89.65, and 88.14. Resistance: 123.71, 126.08, 127.19, 127.72, 130.69, and 132.22.
Bond, iShares Barclays 7-10 Year U.S. Treasury ETF (IEF) price rose above its highs of the past 3 months on 4/5/13, thereby confirming a medium-term uptrend. Previously, price rose above its 50-day SMA on 3/18/13, thereby turning systematically neutral. IEF formed a technical base after hitting an “oversold” low at 105.56 on 2/1/13 and successfully testing that low 3 times. Various technical oscillators, such as RSI and MACD, are now pointing upward after showing losses of downside momentum and bullish divergences since 2/1/13. Support 107.22, 106.56, 105.56, 105.22, 104.77, 103.90, 102.51, 101.77, 101.36, 101.11, 99.79, and 97.66. Resistance: 109.20, 109.32, and 109.89.
Junk/Investment-Grade Corporate Bond ETFs Relative Strength Ratio (JNK/LQD) fell below its 50-day SMA on 4/3/13, thereby turning systematically neutral again. JNK/LQD has been neutral for most of the past 3 years, and neutral appears to be the long-term trend.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year ETFs Relative Strength Ratio (TIP/IEF) whipsawed back down below its 50-day SMA on 3/18/13, thereby turning systematically neutral again. Longer term, TIP/IEF has been neutral for most of the past 3 years. Absolute price of TIP peaked at 123.44 on 12/6/12 and remains systematically neutral.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Tangible Assets, Commodities
U.S. dollar ETF (UUP) price turned systematically bullish (from neutral) on 4/3/13, when the 50-day SMA crossed above the 200-day SMA. Longer term, UUP has been consolidating secular trend losses since bottoming at 20.84 on 5/4/11. Support 22.32, 22.15, 21.53, 21.07, and 20.84. Resistance 22.69, 22.78, 22.96, 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 years on 4/15/13, again confirming its major bearish trend. Price turned systematically bearish on 1/11/13 when the 50-day SMA crossed down below the 200-day SMA.
Crude Oil, United States Oil ETF (USO) price fell below its lows of the previous 4 months on 4/15/13, suggesting a medium-term downtrend. Price remains systematically neutral but appears to be heading toward a bearish 50/200-day SMA crossover in days ahead. Longer term, USO has been mostly bearish since peaking at 119.17 on 7/11/08. Support 32.16, 31.00, 29.02, 26.28, and 22.74. Resistance 34.86, 35.53, 37.17, 38.31, 40.29, 41.38, 42.30, and 45.60.
Gold, SPDR Gold Shares ETF (GLD) price fell below its lows of the previous 2 years on 4/15/13, thereby reconfirming its preexisting major bearish trend. Price turned systematically bearish on 2/22/13, when the 50-day SMA fell below the 200-day SMA. Longer term, GLD has been mostly bearish since peaking at 185.85 on 9/6/11. Support: 143.42 and 142.55. Resistance: 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) turned systematically bearish again on 12/27/12, when the 50-day SMA crossed below the 200-day SMA. Longer term, GDX/GLD has remained mostly bearish for more than 6 years, since 9/5/06.
Silver, iShares Silver Trust ETF (SLV) price fell below its lows of the previous 2 years on 4/15/13, thereby reconfirming its preexisting major bearish trend. Price turned systematically bearish on 3/1/13, when the 50-day SMA fell below the 200-day SMA. Longer term, SLV has been mostly bearish since peaking at 48.35 on 4/28/11. Support 20.73 and 19.44. Resistance: 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 below its lows of the previous 2 years on 4/15/13, confirming a major downtrend. SLV/GLD remains systematically bearish.
Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) price fell below its lows of the previous 18 months on 4/15/13, thereby reconfirming a bearish major trend. JJC remains systematically bearish. JJC has been mostly bearish since peaking at 61.69 on 2/14/11. “Dr. Copper” is widely accepted as one of the better indicators of investor confidence (or lack thereof) in the global industrial economy, so price weakness in Copper implies a weak economic outlook.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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
13.50% , S , SPRINT NEXTEL
6.28% , MZZ , Short 200% MidCap 400 PS, MZZ
1.70% , DOG , Short 100% Dow 30, DOG
3.98% , QID , Short 200% QQQ PS, QID
3.58% , DXD , Short 200% Dow 30 PS, DXD
4.54% , SDS , Short 200% S&P 500 PS, SDS
3.18% , MYY , Short 100% MidCap 400, MYY
0.57% , LAMR , Lamar Advertising Company
1.91% , NFLX , Netflix, NFLX
0.34% , MJN , Mead Johnson Nutrition
0.87% , TLT , Bond, 20+ Years Treasury, TLT
0.20% , C , CITIGROUP
2.04% , PSQ , Short 100% QQQ, PSQ
0.06% , DTE , DTE ENERGY
0.05% , AGG , Bond, Aggregate, AGG
2.18% , SH , Short 100% S&P 500, SH
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-8.17% , FLR , FLUOR
-5.59% , PXJ , Oil & Gas, PXJ
-5.15% , PBW , WilderHill Clean Energy PS, PBW
-8.33% , LPX , LOUISIANA PAC
-3.13% , MDY , MidCap S&P 400 SPDRs, MDY
-4.95% , FRX , FOREST LABS STK A
-4.66% , PXE , Energy Exploration & Prod, PXE
-6.78% , SHLD , SEARS HOLDINGS
-3.49% , JKL , Value SmallCap iS M, JKL
-3.38% , VB , Small Cap VIPERs, VB
-5.48% , KSU , Kansas City Southern, KSU
-4.09% , EWC , Canada Index, EWC
-6.73% , VMC , VULCAN MATERIALS
-3.94% , IYT , Transportation Av DJ, IYT
-4.41% , MAR , MARRIOTT INTL STK A
-6.28% , CMI , CUMMINS
-5.74% , ININ , Interactive Intelligence ININ
-8.85% , IAU , Gold COMEX iS, IAU
-8.30% , FCX , FREEPRT MCMORAN STK B
-4.98% , IPG , INTERPUBLIC GRP
-7.40% , R , RYDER SYSTEM
-6.46% , MVV , Ultra MidCap400 Double, MVV
-3.57% , VBK , Growth SmallCap VIPERs, VBK
-7.65% , RSH , RADIOSHACK
-3.04% , XLI , Industrial SPDR, XLI
-7.26% , MAS , MASCO
-4.96% , XHB , Homebuilders SPDR, XHB
-4.41% , IYM , Basic Materials DJ US, IYM
-3.98% , EWW , Mexico Index, EWW
-2.29% , DISH , EchoStar Communications
-4.11% , JBL , JABIL CIRCUIT
-7.13% , PHM , PULTE HOMES
-12.62% , SLV , Silver Trust iS, SLV
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
2.18% , Bear, Short S&P 500, SH
0.87% , Bond, 20+ Years Treasury, TLT
0.22% , Bond, 10 Year Treasury, IEF
0.05% , Bond, Intermediate US Aggregate iS, AGG
0.03% , Bond, Long-Term Corp iBoxx iS, LQD
0.01% , Bond, 1-3 Year Treasury, SHY
0.00% , Bond Treasury Short-Term iS, SHV
-0.02% , Bond, TIPS U.S. Treasury iS, TIP
-0.02% , Bond, Muni S&P ATM-Free iS, MUB
-0.03% , Bond Ex-US Treas, BWX
-0.15% , Preferred Stock iS, PFF
-0.29% , India PS, PIN
-0.40% , Financial Preferred, PGF
-0.42% , South Korea Index, EWY
-0.43% , Bond, Emerging Mkt JPM iS, EMB
-0.52% , Malaysia Index, EWM
-0.53% , Bond, High-Yield Junk, JNK
-0.56% , Turkey MSCI iS, TUR
-0.63% , Bond, High Yield Corp iBoxx iS, HYG
-0.75% , India Earnings WTree, EPI
-0.81% , Japan Index, EWJ
-0.90% , Switzerland Index, EWL
-1.08% , Singapore Index, EWS
-1.37% , Thailand MSCI iS, THD
-1.38% , Taiwan Index, EWT
-1.39% , Telecom DJ US, IYZ
-1.44% , Utilities SPDR, XLU
-1.59% , Pacific VIPERs, VPL
-1.60% , Consumer Staples SPDR, XLP
-1.63% , Technology SPDR, XLK
-1.65% , Global 100, IOO
-1.67% , Utilities VIPERs, VPU
-1.76% , DIAMONDS (DJIA), DIA
-1.76% , Technology DJ US, IYW
-1.82% , Health Care SPDR, XLV
-1.87% , Realty Cohen & Steers, ICF
-1.89% , Agriculture DB PS, DBA
-1.89% , Netherlands Index, EWN
-1.92% , Info Tech VIPERs, VGT
-1.92% , Value LargeCap Dynamic PS, PWV
-1.94% , REIT Wilshire, RWR
-1.97% , Foreign LargeCap EAFE MSCI iS, EFA
-1.97% , QQQ Nasdaq 100 Trust, QQQ
-1.99% , Indonesia MV, IDX
-2.06% , Dividend International, PID
-2.07% , Value EAFE MSCI, EFV
-2.07% , REIT VIPERs, VNQ
-2.08% , Hong Kong Index, EWH
-2.09% , LargeCap Blend S&P 100, OEF
-2.10% , Growth EAFE MSCI, EFG
-2.11% , Financial SPDR, XLF
-2.12% , United Kingdom Index, EWU
-2.19% , Europe 350 S&P Index, IEV
-2.20% , Financial Services DJ, IYG
-2.21% , Germany Index, EWG
-2.24% , Global ex U.S. LargeCap Blend, ACWX
-2.25% , Value VIPERs, VTV
-2.26% , LargeCap Growth S&P 500 iS, IVW
-2.27% , Dividend Appreciation Vipers, VIG
-2.28% , Dividend U.S. DJ iS, DVY
-2.29% , LargeCap Blend S&P 500 iS, IVV
-2.29% , European VIPERs, VGK
-2.30% , LargeCap VIPERs, VV
-2.30% , LargeCap Growth Russell 1000 iS, IWF
-2.31% , Global LargeCap Blend MSCI iS, ACWI
-2.32% , S&P 500 SPDRs LargeCap Blend, SPY
-2.33% , LargeCap Value S&P 500 iS, IVE
-2.34% , Financial DJ US, IYF
-2.34% , SmallCap Blend EAFE MSCI iS, SCZ
-2.41% , Financials VIPERs, VFH
-2.41% , Dividend SPDR, SDY
-2.41% , LargeCap Value Russell 1000 iS, IWD
-2.42% , LargeCap Blend Russell 1000 iS, IWB
-2.42% , Emerging Markets MSCI iS, EEM
-2.43% , Semiconductor iS IGW, SOXX
-2.43% , Blend Total Market VIPERs, VTI
-2.44% , Semiconductor SPDR, XSD
-2.47% , EMU Europe Index, EZU
-2.47% , Growth VIPERs, VUG
-2.49% , LargeCap Blend Russell 3000 iS, IWV
-2.49% , Real Estate US DJ iS, IYR
-2.52% , France Index, EWQ
-2.56% , Belgium Index, EWK
-2.62% , Emerging VIPERs, VWO
-2.63% , Consumer Discretionary SPDR, XLY
-2.66% , LargeCap Blend S&P=Weight R, RSP
-2.70% , Dividend High Yield Equity PS, PEY
-2.73% , Biotech SPDR, XBI
-2.74% , Dividend ex-U.S. DJ iS, IDV
-2.75% , Growth MidCap Russell, IWP
-2.75% , Spain Index, EWP
-2.82% , Sweden Index, EWD
-2.82% , Value MidCap Russell, IWS
-2.87% , MidCap Russell, IWR
-2.99% , Commodity Tracking, DBC
-3.00% , China 25 iS, FXI
-3.04% , Networking, IGN
-3.04% , Industrial SPDR, XLI
-3.13% , MidCap S&P 400 SPDRs, MDY
-3.15% , Frontier Markets Guggenheim , FRN
-3.20% , Oil, Crude, U.S. Oil Fund, USO
-3.20% , MidCap Blend S&P 400 iS, IJH
-3.22% , Chile MSCI iS, ECH
-3.22% , MidCap Growth S&P 400 iS, IJK
-3.23% , China LargeCap Growth G D H USX PS, PGJ
-3.24% , Capital Markets KWB ST, KCE
-3.25% , MidCap Value S&P 400 iS, IJJ
-3.28% , Emerging 50 BLDRS, ADRE
-3.28% , Oil Fund PowerShares, DBO
-3.29% , Pacific ex-Japan, EPP
-3.38% , Small Cap VIPERs, VB
-3.41% , SmallCap Blend S&P 600 iS, IJR
-3.44% , Value SmallCap VIPERS, VBR
-3.44% , SmallCap Growth S&P 600 iS, IJT
-3.50% , SmallCap Value S&P 600 iS, IJS
-3.57% , Growth SmallCap VIPERs, VBK
-3.60% , SmallCap Growth Russell 2000 iS, IWO
-3.64% , Energy Global, IXC
-3.69% , Materials SPDR, XLB
-3.76% , Australia Index, EWA
-3.77% , Brazil Index, EWZ
-3.77% , SmallCap Blend Russell 2000 iS, IWM
-3.77% , Water Resources, PHO
-3.86% , SmallCap Value Russell 2000 iS, IWN
-3.87% , Latin Am 40, ILF
-3.89% , Microcap Russell, IWC
-3.94% , Transportation Av DJ, IYT
-3.96% , Italy Index, EWI
-3.98% , Mexico Index, EWW
-3.99% , Energy VIPERs, VDE
-4.03% , Energy DJ, IYE
-4.08% , Energy SPDR, XLE
-4.09% , Canada Index, EWC
-4.25% , Austria Index, EWO
-4.32% , Russia MV, RSX
-4.41% , Basic Materials DJ US, IYM
-4.96% , Homebuilders SPDR, XHB
-4.96% , Energy & Nat Res iS GS, IGE
-5.15% , WilderHill Clean Energy PS, PBW
-5.49% , South Africa Index, EZA
-6.25% , Metals & Mining SPDR, XME
-8.78% , Gold Shares S.T., GLD
-12.62% , Silver Trust iS, SLV
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The S&P 500 Composite Potential Resistance
1597.35, intraday high of 4/11/2013
1576.09, intraday high of 10/11/2007
The S&P 500 Composite Potential Support
1540.08, 50-day SMA
1538.57, low of 3/19/2013
1485.01, low of 2/26/2013
1474.51, high of 9/14/2012
1463.76, low of 1/15/2013
1451.64, low on 1/8/13
1448.10, 200-day SMA
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
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
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
1158.66, low of 11/25/2011
1121.44, Fibonacci 50% of 2007-2009 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
881.38, Fibonacci 23.6% of 2007-2009 range
869.32, low of 7/8/2009
666.79, intraday low of 3/6/2009
