U.S. dollar ETF (UUP) whipsawed back down below its 50-day SMA on 9/4/13, thereby turning systematically neutral again (from bullish).
Absolute price of the following 4 stock sector ETFs whipsawed back up above their 50-day SMAs on 9/4/13, thereby turning systematically bullish (from neutral): Consumer Discretionary (XLY), Health Care (XLV), Industrial (XLI), and Technology (XLK).
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) whipsawed back up above its 50-day SMA on 9/4/13, thereby turning systematically neutral (from bearish). Absolute price also whipsawed back up above its 50-day SMA on 9/4/13, thereby turning systematically neutral (from bearish). Junk/Investment-Grade Corporate Bond ETFs Relative Strength Ratio (JNK/LQD) whipsawed back up above its 50-day SMA on 9/4/13, thereby turning systematically bullish (from neutral).
On Wednesday, U.S. stock market price indexes opened steady but soon began a rally that that extended above the highs of the previous 5 trading days. Prices peaked by 1:22 p.m., then drifted sideways into the close, thereby holding early gains. The S&P 500 Composite Index (SPX: 1,653.08, up 0.81%) closed above the open, above the midpoint of the day’s high-low range, above the previous day’s close, but still below its widely-watched 50-day SMA.
MACD(12,26,9), a popular short-term daily price momentum oscillator based on SPX, turned slightly higher. Previously, MACD had been trending straight down for nearly a month, falling to its lowest level in 9 months on Tuesday 9/3/13.
For the medium term, SPX remains below its highs of May, June, July, and August, suggesting neutral/sideways price momentum at best.
NYSE total volume fell 14% to a level 4% below 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 rose again on Wednesday. Last Friday 8/30/13, it confirmed its preexisting month-long downward trend when it fell below its lowest levels of the previous 8 weeks. The Cumulative Daily Advance-Decline on the NYSE also rose again. Both Volume and Breadth lines remain below their 50-day SMAs. Previously, both failed to rise above their May highs when the S&P 500 rose to a new high at 1,709.67 on 8/2/13. Therefore, both Volume and Breadth warned of bearish divergence ahead of the downturn of the price indexes.
Stock Market Indicators
The Dow Theory reconfirmed a Primary Tide Bull Market on 8/1/13, when the Dow-Jones Industrial Average and the Dow-Jones Transportation Average both closed at new closing price highs. The action since then looks like a developing Secondary Reaction to the downside, however. On 8/27/13, both Averages fell below their lows of the previous 7 weeks. Apart from the strict form of the Dow Theory, the Transportation Average whipsawed back down below its 50-day SMAs again on 8/27/13 to confirm similar weakness in the Industrial Average, which has remained below its 50-day SMA every day since 8/15/13. Both Averages remain systematically neutral.
NASDAQ 100/S&P 500 Relative Strength Ratio (QQQ/SPY) turned systematically bullish on 8/26/13, when the 50-day SMA crossed above the 200-day SMA. QQQ/SPY rose above its highest levels of the past 6 months on 8/29/13. Absolute price of QQQ rose above its 50-day SMA on 7/5/13, thereby turning systematically bullish (from neutral).
iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) whipsawed back up above its 50-day SMA on 8/30/13, thereby turning systematically neutral (from bearish). The 50-day SMA remains far below the 200-day SMA, and BKF/SPY fell below the lows of the previous 4 years on 8/7/13. BKF/SPY has underperformed since it peaked on 10/14/2010. This year, absolute price of BKF peaked at 42.29 on 2/1/13, fell to a 20-month low on 6/24/13. Price is systematically neutral.
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) whipsawed back up above its 50-day SMA on 9/4/13, thereby turning systematically neutral (from bearish). The 50-day SMA remains far below the 200-day SMA, and EEM/SPY fell below the lows of the previous 4 years on 7/10/13. 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 on 6/24/13. Price also whipsawed back up above its 50-day SMA on 9/4/13, thereby turning systematically neutral (from bearish).
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) whipsawed back up above its 50-day SMA on 9/3/13, thereby turning systematically neutral (from bearish). The 50-day SMA remains below the 200-day SMA. For nearly 6 years, from 11/27/07 to 7/9/13, EFA/SPY underperformed. This year, absolute price of EFA peaked at 64.14 on 5/22/13, fell to a 6-month low at 56.44 on 6/24/13, and has turned choppy within that price range.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEF/SPY) whipsawed back down below its 50-day SMA on 8/20/13, thereby turning systematically bearish (from neutral). 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) is systematically bullish. IWM/SPY whipsawed back up above its 50-day SMA on 9/3/13, thereby turning systematically bullish (from neutral). Absolute price whipsawed around its 50-day SMA since 8/19/13 and is currently systematically neutral below the 50-day SMA.
The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) is systematically neutral. MDY/SPY fell below its 50-day SMA on 8/30/13, thereby turning systematically neutral (from bullish). Absolute price whipsawed around its 50-day SMA since 8/19/13 and is currently systematically neutral below the 50-day SMA.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Tangible Assets, Commodities
U.S. dollar ETF (UUP) whipsawed back down below its 50-day SMA on 9/4/13, thereby turning systematically neutral again (from bullish). Longer term, UUP has been consolidating secular trend losses since bottoming at 20.84 on 5/4/11. Support 21.82, 21.53, 21.07, and 20.84. Resistance 22.98, 23.14, 23.52, 25.84, 27.19, and 28.97.
Agriculture, PowerShares DB Agriculture Fund ETF (DBA) price rose above its highs of the previous 9 weeks and whipsawed above its 50-day SMA on 8/26/13, thereby turning systematically neutral (from bearish). Longer term, however, DBA fell below its lows of the past 3 years on 8/2/13 and has been trending down since peaking on 3/4/11.
Crude Oil, United States Oil ETF (USO) price rose further above its highs of the previous 15 months on 8/28/13, again confirming its preexisting systematically bullish trend. Support 36.99, 36.35, 32.53, 32.12, 30.79, 29.02, 26.28, and 22.74. Resistance 39.64, 40.29, 41.38, 42.30, and 45.60.
Gold, SPDR Gold Shares ETF (GLD) price rose above its highs of the previous 11 weeks on 8/27/13. The GLD price trend turned systematically neutral (from bearish) on 8/12/13 when price rose above its 50-day SMA. The 50-day SMA remains far below the 200-day SMA, however, so GLD is far from turning systematically bullish. Support: 131.51, 123.55, 122.73, 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 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 rose above its highs of the previous 16 weeks on 8/27/13. SLV price trend turned systematically neutral (from bearish) on 8/12/13 when price rose above its 50-day SMA. The 50-day SMA remains well below the 200-day SMA, however, so SLV is far from turning systematically bullish. Support 22.02, 18.71, 17.75, 16.73, 14.37, 12.27, 11.64, and 8.45. Resistance: 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) rose above its highs of the previous 19 weeks on 8/26/13. SLV/GLD crossed back above its 50-day SMA on 8/9/13, thereby turning systematically neutral (from bearish). SLV underperformed GLD for more than 2 years from 4/28/11 to 7/30/13.
Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) price crossed back above its 50-day SMA on 8/8/13, thereby turning systematically neutral (from bearish). The 50-day SMA remains well below the 200-day SMA, however, so JJC is far from turning systematically bullish. 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
13.83% , CIEN.O , CIENA
8.05% , ETFC , E*TRADE FINANCIAL
5.30% , MU.O , MICRON TECH
5.49% , KLAC , KLA TENCOR
5.59% , LRCX , LAM RESEARCH CORP
1.79% , FLEX , Flextronics International Ltd
2.94% , BRCM , BROADCOM STK A
3.31% , SNDK , SanDisk Corporation
1.22% , EWO , Austria Index, EWO
5.51% , EPI , India Earnings WTree, EPI
2.29% , ADBE , ADOBE SYS
3.49% , F , FORD MOTOR
0.91% , IWZ , Growth LargeCap Russell 3000, IWZ
0.74% , PWV , Value LargeCap Dynamic PS, PWV
2.22% , BF.B , BROWN FORMAN STK B
0.81% , IYG , Financial Services DJ, IYG
3.12% , DLTR , Dollar Tree Stores Inc
6.84% , PIN , India PS, PIN
3.34% , AMAT , APPLIED MATERIAL
3.13% , CTB , COOPER TIRE
3.97% , BIIB , BIOGEN IDEC
1.20% , RPV , Value S&P 500, RPV
2.13% , MDT , MEDTRONIC
2.31% , CMI , CUMMINS
2.99% , PRU , PRUDENTIAL FINL
2.49% , WHR , WHIRLPOOL
1.68% , LM , LEGG MASON
0.79% , EPU , Peru MSCI iS, EPU
1.08% , VIS , Industrials VIPERs, VIS
1.09% , RPG , Growth S&P 500, RPG
1.41% , KR , KROGER
0.62% , JKD , LargeCap Blend Core iS M, JKD
2.20% , HOT , STARWOOD HOTELS
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-8.90% , RYAAY , Ryanair Holdings plc
-1.90% , BBBY , BED BATH BEYOND
-2.91% , SYMC , SYMANTEC
-2.59% , CHD , Church & Dwight
-2.20% , WMB , WILLIAMS
-2.86% , CECO , CAREER EDUCATION CORP
-1.11% , UIS , UNISYS
-0.65% , HRB , H&R BLOCK
-0.86% , DBC , Commodity Tracking, DBC
-0.53% , YUM , YUM BRANDS
-0.53% , SLM.O , SLM CORP
-0.61% , CMS , CMS ENERGY
-1.06% , AGN , ALLERGAN
-0.56% , PNW , PINNACLE WEST
-1.09% , XRX , XEROX
-0.54% , DISCA , Discovery Communications
-0.55% , XEL , XCEL ENERGY
-0.68% , JNY , JONES APPAREL
-0.28% , CCL , CARNIVAL STK A
-0.92% , KBH , KB HOME
-0.36% , MSI , Motorola Solutions, MSI
-0.25% , MJN , Mead Johnson Nutrition
-0.27% , RL , Polo Ralph Lauren
-0.22% , PEG , PUBL SVC ENTER
-1.36% , DXD , Short 200% Dow 30 PS, DXD
-0.18% , DTE , DTE ENERGY
-0.05% , HSY , HERSHEY FOODS
-0.03% , ADSK , AUTODESK
-0.21% , WYNN , Wynn Resorts L
-0.12% , CAG , CONAGRA FOODS
-0.06% , ACE , ACE
-0.45% , ALL , ALLSTATE
-0.87% , SH , Short 100% S&P 500, SH
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
6.84% , India PS, PIN
5.51% , India Earnings WTree, EPI
2.91% , Networking, IGN
2.55% , Biotech SPDR, XBI
2.53% , Semiconductor SPDR, XSD
2.53% , Semiconductor iS IGW, SOXX
2.35% , South Korea Index, EWY
2.14% , WilderHill Clean Energy PS, PBW
1.76% , Emerging Markets MSCI iS, EEM
1.71% , China 25 iS, FXI
1.64% , Capital Markets KWB ST, KCE
1.62% , Russia MV, RSX
1.59% , South Africa Index, EZA
1.59% , Pacific VIPERs, VPL
1.56% , Emerging VIPERs, VWO
1.53% , Japan Index, EWJ
1.41% , Australia Index, EWA
1.39% , Taiwan Index, EWT
1.35% , Indonesia MV, IDX
1.34% , Transportation Av DJ, IYT
1.24% , Turkey MSCI iS, TUR
1.23% , China LargeCap Growth G D H USX PS, PGJ
1.22% , Austria Index, EWO
1.21% , MidCap Growth S&P 400 iS, IJK
1.19% , Malaysia Index, EWM
1.19% , Chile MSCI iS, ECH
1.17% , MidCap S&P 400 SPDRs, MDY
1.17% , Water Resources, PHO
1.15% , Health Care SPDR, XLV
1.09% , Mexico Index, EWW
1.08% , Pacific ex-Japan, EPP
1.07% , Sweden Index, EWD
1.07% , QQQ Nasdaq 100 Trust, QQQ
1.07% , MidCap Blend S&P 400 iS, IJH
1.06% , Technology DJ US, IYW
1.05% , Consumer Discretionary SPDR, XLY
1.03% , Industrial SPDR, XLI
1.00% , Growth SmallCap VIPERs, VBK
0.99% , Growth VIPERs, VUG
0.99% , LargeCap Growth S&P 500 iS, IVW
0.97% , SmallCap Growth Russell 2000 iS, IWO
0.97% , Technology SPDR, XLK
0.97% , Small Cap VIPERs, VB
0.97% , SmallCap Blend EAFE MSCI iS, SCZ
0.94% , Value EAFE MSCI, EFV
0.93% , LargeCap Blend S&P=Weight R, RSP
0.93% , Growth MidCap Russell, IWP
0.93% , Materials SPDR, XLB
0.92% , Dividend ex-U.S. DJ iS, IDV
0.90% , Foreign LargeCap EAFE MSCI iS, EFA
0.89% , Blend Total Market VIPERs, VTI
0.89% , Value MidCap Russell, IWS
0.88% , LargeCap Blend Russell 1000 iS, IWB
0.88% , SmallCap Blend Russell 2000 iS, IWM
0.88% , LargeCap Blend Russell 3000 iS, IWV
0.88% , Financials VIPERs, VFH
0.87% , LargeCap VIPERs, VV
0.87% , MidCap Russell, IWR
0.87% , Info Tech VIPERs, VGT
0.87% , Global LargeCap Blend MSCI iS, ACWI
0.87% , Global ex U.S. LargeCap Blend, ACWX
0.87% , Dividend SPDR, SDY
0.86% , LargeCap Value Russell 1000 iS, IWD
0.86% , REIT VIPERs, VNQ
0.85% , MidCap Value S&P 400 iS, IJJ
0.85% , REIT Wilshire, RWR
0.84% , Dividend Appreciation Vipers, VIG
0.84% , Value SmallCap VIPERS, VBR
0.84% , Spain Index, EWP
0.84% , Global 100, IOO
0.83% , LargeCap Blend S&P 500 iS, IVV
0.83% , LargeCap Blend S&P 100, OEF
0.83% , Basic Materials DJ US, IYM
0.83% , S&P 500 SPDRs LargeCap Blend, SPY
0.83% , Emerging 50 BLDRS, ADRE
0.82% , Telecom DJ US, IYZ
0.81% , Financial Services DJ, IYG
0.79% , Financial SPDR, XLF
0.78% , SmallCap Value Russell 2000 iS, IWN
0.78% , Hong Kong Index, EWH
0.76% , SmallCap Growth S&P 600 iS, IJT
0.75% , SmallCap Value S&P 600 iS, IJS
0.74% , Value LargeCap Dynamic PS, PWV
0.74% , LargeCap Growth Russell 1000 iS, IWF
0.74% , LargeCap Value S&P 500 iS, IVE
0.73% , Thailand MSCI iS, THD
0.73% , Value VIPERs, VTV
0.72% , DIAMONDS (DJIA), DIA
0.71% , Real Estate US DJ iS, IYR
0.70% , Brazil Index, EWZ
0.70% , Dividend U.S. DJ iS, DVY
0.70% , Growth EAFE MSCI, EFG
0.69% , Energy DJ, IYE
0.68% , Realty Cohen & Steers, ICF
0.67% , Financial DJ US, IYF
0.67% , SmallCap Blend S&P 600 iS, IJR
0.62% , Consumer Staples SPDR, XLP
0.62% , Germany Index, EWG
0.61% , Netherlands Index, EWN
0.60% , Energy VIPERs, VDE
0.57% , Microcap Russell, IWC
0.56% , European VIPERs, VGK
0.55% , United Kingdom Index, EWU
0.54% , Energy Global, IXC
0.54% , Energy SPDR, XLE
0.54% , Dividend International, PID
0.52% , Metals & Mining SPDR, XME
0.51% , Canada Index, EWC
0.49% , Energy & Nat Res iS GS, IGE
0.48% , Europe 350 S&P Index, IEV
0.46% , Homebuilders SPDR, XHB
0.40% , Singapore Index, EWS
0.39% , Frontier Markets Guggenheim , FRN
0.38% , Bond, High Yield Corp iBoxx iS, HYG
0.37% , EMU Europe Index, EZU
0.36% , France Index, EWQ
0.28% , Latin Am 40, ILF
0.28% , Dividend High Yield Equity PS, PEY
0.27% , Bond Ex-US Treas, BWX
0.27% , Preferred Stock iS, PFF
0.18% , Bond, High-Yield Junk, JNK
0.17% , Financial Preferred, PGF
0.10% , Switzerland Index, EWL
0.06% , Bond, Muni S&P ATM-Free iS, MUB
0.04% , Utilities VIPERs, VPU
0.01% , Bond, Emerging Mkt JPM iS, EMB
0.00% , Utilities SPDR, XLU
0.00% , Bond Treasury Short-Term iS, SHV
0.00% , Belgium Index, EWK
-0.10% , Bond, 1-3 Year Treasury, SHY
-0.14% , Bond, Intermediate US Aggregate iS, AGG
-0.16% , Agriculture DB PS, DBA
-0.22% , Bond, 20+ Years Treasury, TLT
-0.33% , Bond, 10 Year Treasury, IEF
-0.37% , Bond, Long-Term Corp iBoxx iS, LQD
-0.51% , Bond, TIPS U.S. Treasury iS, TIP
-0.57% , Oil Fund PowerShares, DBO
-0.83% , Italy Index, EWI
-0.86% , Commodity Tracking, DBC
-0.87% , Bear, Short S&P 500, SH
-1.08% , Oil, Crude, U.S. Oil Fund, USO
-1.29% , Gold Shares S.T., GLD
-2.99% , Silver Trust iS, SLV
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The S&P 500 Composite Potential Resistance
1709.67, high of 8/2/2013
1696.81, high of 8/13/2013
1676.03, low of 7/26/2013
1671.84, low of 7/16/2013
1669.51, high of 8/26/2013
1663.13, 50-day SMA
1658.59, low of 8/15/2013
1655.72, high of 9/4/2013
1654.19, high of 6/18/2013
1654.18, high of 7/9/2013
The S&P 500 Composite Potential Support
1652.62, Fib 38.2% of Jun-Aug 2013
1652.61, low of 8/16/2013
1635.00, Fib 50.0% of Jun-Aug 2013
1629.05, low of 08/27/2013
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
1565.10, 200-day SMA
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
