Silver/Gold ETFs Ratio (SLV/GLD) crossed back below its 50-day SMA on 10/16/13, thereby turning systematically bearish (from neutral).
Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) price turned systematically neutral (from bearish) on 10/16/13 when it whipsawed back above its 50-day SMA.
Junk/Investment-Grade Corporate Bond ETFs Relative Strength Ratio (JNK/LQD) whipsawed back down below its 50-day SMA on 10/16/13, thereby turning systematically neutral (from bullish).
Industrial (XLI) stock sector ETF Relative Strength Ratio (XLI/SPY) fell below its 50-day SMA on 10/16/13, thereby turning systematically neutral (from bullish).
Financial (XLF) stock sector ETF Relative Strength Ratio (XLF/SPY) rose above its 50-day SMA on 10/16/13, thereby turning systematically bullish (from neutral).
Utilities (XLU) stock sector ETF Relative Strength Ratio (XLU/SPY) turned systematically neutral again (from bearish) on 10/16/13 by whipsawing back up above its 50- day SMA.
The S&P 500 Composite Index (SPX: 1,721.54, up 1.38%) absolute price opened higher on Wednesday and continued to rise to a peak at 12:19 pm on hopes for a political deal. The market turned choppy for the balance of the day. SPX closed above the open, above the midpoint of the day’s high-low range, very near its highest level of the day, and at its highest closing price levels in 19 trading days since the year’s high on 9/18/13.
The SPX trend still looks uncertain for the short-term, day-to-day trend. If the US political paralysis is resolved as expected, it might seem logical to assume that the market has a chance to run to new highs. The SPX made higher highs in July, August, and September, however, only to slip back below the May high each time. Therefore, another new high on a reflexive relief rally might not be a signal for clear sailing ahead. The market may be stalling out over the past few months due to other, less obvious concerns. A new high quickly followed by another sharp downside reversal like September’s might suggest trend exhaustion.
The SPX trend still looks little better than neutral for the medium term, since its May high. Momentum divergences, low trading volume, excessive bullish sentiment, and dysfunctional political games remain significant obstacles to a sustainable upside trend.
NYSE total volume rose 7% to a level 3% 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 on the NYSE whipsawed back up above its 50-day SMA on Wednesday and is now systematically bullish again (from neutral). The Cumulative Daily Advance-Decline Line on the NYSE remains systematically bullish, above 50- and 200-day day SMAs. Both continue to lag the S&P 500 Composite Stock Price Index. When the S&P 500 closed above its closing price highs of the previous 19 trading days on Wednesday 10/16/13, neither indicator was able to rise above its highs of the previous 19 trading days. This was another demonstration of bearish divergence, which does not support probabilities of a sustainable stock market uptrend.
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9 major U.S. stock sectors ranked in order of long-term relative strength:
Consumer Discretionary (XLY) Neutral, Under Weight. The Relative Strength Ratio (XLY/SPY) remains systematically bullish, above its 50-day and 200-day SMAs since 9/10/13. The 50-day SMA has held consistently above the 200-day SMA since 12/16/11. Absolute price whipsawed back up above its 50-day SMA on 10/10/13, thereby turning systematically bullish (from neutral). Support: 58.45, 57.31, 56.50, 53.96, 52.32, 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: 61.75.
Health Care (XLV) Neutral, Under Weight. The Relative Strength Ratio (XLV/SPY) is systematically bullish again. XLV/SPY whipsawed back up above its 50-day SMA on 10/14/13, thereby turning systematically bullish again (from neutral). Absolute price whipsawed back up above its 50-day SMA on 10/10/13, thereby turning systematically bullish (from neutral). Support: 49.58, 48.82, 47.18, 46.45, 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: none.
Industrial (XLI) Neutral, Under Weight. The Relative Strength Ratio (XLI/SPY) fell below its 50-day SMA on 10/16/13, 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). Support: 45.09, 43.93, 42.63, 41.37, 40.90, 40.02, 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: 48.01.
Financial (XLF) Neutral, Under Weight. The Relative Strength Ratio (XLF/SPY) rose above its 50-day SMA on 10/16/13, thereby turning systematically bullish (from 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 whipsawed back up above its 50-day SMA on 10/10/13, thereby turning systematically bullish (from neutral). Support: 19.48, 19.34, 18.58, 18.48, 17.75, 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: 20.93, 24.50, and 28.17.
Materials (XLB) Neutral, Under Weight. The Relative Strength Ratio (XLB/SPY) turned systematically neutral (from bearish) on 8/8/13 when XLB/SPY crossed back up above its 50-day SMA. Absolute price whipsawed back up above its 50-day SMA on 10/10/13, thereby turning systematically bullish (from neutral). Support: 41.08, 40.18, 39.96, 39.66, 37.78, 37.10, 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: 43.78, 45.21, and 46.54.
Energy (XLE) Neutral, Under Weight. The Relative Strength Ratio (XLE/SPY) turned systematically neutral (from bearish) on 8/23/13 when XLE/SPY whipsawed back up above its 50-day SMA. Absolute price whipsawed back up above its 50-day SMA on 10/10/13, thereby turning systematically bullish (from neutral). Support: 81.31, 79.83, 78.34, 76.02, 73.51, 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: 91.42.
Technology (XLK) Bearish, Under Weight. The Relative Strength Ratio (XLK/SPY) turned systematically bearish (from neutral) on 10/10/13 by whipsawing back down below its 50- day SMA. XLK/SPY remains below its 200-day SMA, and the 50 has remained below the 200 consistently since 11/6/12. XLK/SPY fell to its lowest level in 4 years on 7/23/13 and has been trending down since the XLK/SPY ratio peaked on 4/10/12. Absolute price whipsawed back up above its 50-day SMA on 10/10/13, thereby turning systematically bullish (from neutral). Support: 31.38, 31.29, 29.94, 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: 32.91, 34.85, 36.40, and 39.07.
Consumer Staples (XLP) Bearish, Under Weight. The Relative Strength Ratio (XLP/SPY) remains systematically bearish. XLP/SPY has been relatively weak since the XLP/SPY ratio peaked on 4/19/13. Long term, XLP/SPY underperformed since the XLP/SPY ratio peaked on 11/20/2008. Absolute price has been whipsawing around its 50-day SMA most of the time since peaking at 42.20 on 5/15/13 and is currently systematically neutral. Support 39.56, 39.05, 38.87, 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: 41.88 and 42.20.
Utilities (XLU) Bearish, Under Weight. The Relative Strength Ratio (XLU/SPY) turned systematically neutral again (from bearish) on 10/16/13 by whipsawing back up above its 50- day SMA. Longer term, the XLU/SPY ratio fell to its lowest level in 8 years on 7/5/13 and has been trending down since it peaked on 11/21/2008. Absolute price has been whipsawing around both its 50-day and 200-day SMAs most of the time since peaking at 41.44 on 4/30/13 and is currently systematically bearish. Support: 36.51, 35.80, 35.09, 34.22, 33.84, 33.18, 31.94, 29.45, 27.91, 27.44, and 25.76. Resistance: 38.90, 39.81, 40.55, 41.44, 41.98, and 44.66.
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Stock Market Indicators
The Dow Theory reconfirmed a Primary Tide Bull Market on 9/18/13, when the Dow-Jones Industrial Average and the Dow-Jones Transportation Average both closed at new closing price highs. The day-to-day Minor Ripple trend has turned uncertain since.
NASDAQ 100/S&P 500 Relative Strength Ratio (QQQ/SPY) rose to its highest level in 11 months on 10/1/13. QQQ/SPY turned systematically bullish on 8/26/13, when the 50-day SMA crossed above the 200-day SMA. 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) 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. Absolute price of BKF peaked at 42.29 on 2/1/13, fell to a 20-month low at 32.62 on 6/24/13, and whipsawed back up above its 50-day SMA on 9/4/13, thereby turning systematically neutral (from bearish).
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 of 36.16 on 6/24/13, and 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. Absolute price of EFA rose above its 4-year high of 64.14 on 9/18/13 and remains systematically bullish.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEF/SPY) whipsawed back down below its 50-day SMA on 9/24/13, 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) turned systematically bullish (from neutral) on 9/3/13 and rose above its highs of the past 18 months on 10/1/13 to confirm its preexisting bullish trend. 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) turned systematically bullish (from neutral) on 9/24/13 and rose above its highs of the past 27 months on 10/1/13 to confirm its preexisting bullish trend. Absolute price whipsawed back up above its 50-day SMA on 10/10/13, thereby turning systematically bullish (from neutral).
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Fixed-Income Investments
Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) price rose has lost downside momentum since making its low at 102.11 on 8/21/13. TLT turned systematically neutral (from bearish) on 10/16/13 when it whipsawed back above its 50-day SMA. Momentum indicators RSI and MACD based on the TLT price held above their June lows as price fell to lower lows in August, thereby indicating bullish momentum divergence compared to price itself. Long term, the 33-year trend is still indicating rising bond prices. Support 102.11, 100.00, 96.31, 94.83, 93.14, 89.65, and 88.14. Resistance: 107.63, 109.69, 110.80, 114.77, 118.94, 121.32, 124.26, 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 previous 6 weeks on 9/25/13. IEF rose above its 50-day SMA on 9/18/13, thereby turning systematically neutral (from bearish). Momentum indicators RSI and MACD based on the IEF price held above their June lows as price fell to lower lows, thereby continuing to demonstrate bullish momentum divergence compared to price itself. Long term, the 33-year trend is still indicating rising prices. Support 98.60, 98.19, 97.66, 91.94, 91.07, 88.12, 87.70, 87.49, 86.59, and 85.80. Resistance: 102.27, 102.86, 107.62, 108.24, 109.17, 109.20, 109.32, and 109.89.
Junk/Investment-Grade Corporate Bond ETFs Relative Strength Ratio (JNK/LQD) whipsawed back down below its 50-day SMA on 10/16/13, thereby turning systematically neutral (from bullish). Absolute price has remained systematically neutral most of the time since peaking at 41.95 on 5/8/13.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year ETFs Relative Strength Ratio (TIP/IEF) has been whipsawing around the 50-day SMA since 7/16/13, going from bearish to neutral and back again. Currently, it is systematically bearish. Absolute price of TIP rose above its 50-day SMA on 9/18/13, thereby turning systematically neutral (from bearish).
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Tangible Assets, Commodities
U.S. dollar ETF (UUP) price fell below its lows of the previous 23 months on 10/3/13. Price turned systematically bearish (from neutral) on 9/12/13 when its 50-day SMA crossed below its 200-day SMA. Longer term, 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 turned systematically neutral on 8/26/13, when it rose above its 50-day SMA. Longer term, DBA price has been in a cyclical bear market since peaking at 35.58 on 3/4/11. In addition, DBA has been in a secular bear market since peaking at 43.50 on 2/27/2008.
Crude Oil, United States Oil ETF (USO) price whipsawed back down below its 50-day SMA on 9/20/13, thereby turning systematically neutral again (from bullish). Support 36.82, 36.35, 32.53, 32.12, 30.79, 29.02, 26.28, and 22.74. Resistance 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 9/20/13, thereby turning systematically bearish again (from neutral). Support: 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 10/9/13, thereby turning systematically bearish (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) crossed back below its 50-day SMA on 10/16/13, thereby turning systematically bearish (from neutral). 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 whipsawed back up above its 50-day SMA on 10/14/13, thereby turning systematically neutral again (from bearish). 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
14.74% , MTG , MGIC INVESTMENT
1.41% , EWK , Belgium Index, EWK
9.07% , OMX , OFFICEMAX INC., OMX
7.78% , ODP , OFFICE DEPOT
2.04% , IYF , Financial DJ US, IYF
0.96% , IYM , Basic Materials DJ US, IYM
0.98% , XSD , Semiconductor SPDR, XSD
3.84% , TUP , TUPPERWARE
1.68% , RPG , Growth S&P 500, RPG
3.26% , PMCS , PMC SIERRA
1.34% , PEJ , Leisure & Entertainment, PEJ
4.41% , HRB , H&R BLOCK
2.13% , IYH , Healthcare DJ, IYH
2.51% , IYG , Financial Services DJ, IYG
0.99% , IXC , Energy Global, IXC
1.97% , PXE , Energy Exploration & Prod, PXE
6.50% , ABT , ABBOTT LABS
1.75% , LRCX , LAM RESEARCH CORP
1.36% , IYE , Energy DJ, IYE
0.48% , IEF , Bond, 10 Year Treasury, IEF
2.36% , KEY , KEYCORP
1.43% , IWR , MidCap Russell, IWR
0.95% , EWG , Germany Index, EWG
3.45% , SPLS , STAPLES
2.20% , HBAN , HUNTINGTON
2.24% , CLX , CLOROX
2.07% , PJP , Pharmaceuticals, PJP
0.95% , IGM , Technology GS, IGM
2.35% , ALL , ALLSTATE
3.76% , TJX , TJX
2.55% , AMGN , AMGEN
4.36% , MBI , MBIA
2.36% , PCL , PLUM CREEK TIMB
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Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-14.26% , SWK , Stanley Black & Decker
-2.61% , EXC , EXELON CORP
-1.97% , IR , INGER RAND
-1.11% , LLTC , LINEAR TECH
-1.15% , LPX , LOUISIANA PAC
-2.22% , MAS , MASCO
-0.57% , TYC , TYCO INTL
-2.73% , DXD , Short 200% Dow 30 PS, DXD
-0.83% , EBAY , EBAY
-2.31% , MZZ , Short 200% MidCap 400 PS, MZZ
-1.41% , SH , Short 100% S&P 500, SH
-1.36% , DOG , Short 100% Dow 30, DOG
-1.13% , PSQ , Short 100% QQQ, PSQ
-0.62% , FE , FIRSTENERGY
-0.80% , CSCO , CISCO SYSTEMS
-1.31% , DOV , DOVER
-0.80% , CSX , CSX
-1.42% , CTSH , Cognizant Technology Solutions
-0.32% , HD , HOME DEPOT
-2.20% , QID , Short 200% QQQ PS, QID
-0.54% , OMC , OMNICOM
-0.29% , BK , BANK OF NEW YORK
-0.12% , LBTYA , Liberty Global Inc. (LBTYA)
-2.83% , SDS , Short 200% S&P 500 PS, SDS
-0.87% , YHOO , YAHOO
-0.06% , STLD , Steel Dynamics, STLD
-0.05% , MWV , MEADWESTVACO
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One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
4.27% , Biotech SPDR, XBI
2.56% , South Africa Index, EZA
2.51% , Financial Services DJ, IYG
2.10% , Financial SPDR, XLF
2.07% , Realty Cohen & Steers, ICF
2.05% , Health Care SPDR, XLV
2.04% , Financial DJ US, IYF
1.95% , Financials VIPERs, VFH
1.92% , REIT Wilshire, RWR
1.88% , REIT VIPERs, VNQ
1.83% , Value LargeCap Dynamic PS, PWV
1.82% , Real Estate US DJ iS, IYR
1.81% , Spain Index, EWP
1.81% , Italy Index, EWI
1.71% , India PS, PIN
1.50% , Energy SPDR, XLE
1.49% , Consumer Staples SPDR, XLP
1.48% , LargeCap Value S&P 500 iS, IVE
1.47% , Growth MidCap Russell, IWP
1.44% , LargeCap Blend S&P 500 iS, IVV
1.44% , DIAMONDS (DJIA), DIA
1.43% , MidCap Russell, IWR
1.43% , LargeCap Growth Russell 1000 iS, IWF
1.42% , Energy VIPERs, VDE
1.42% , LargeCap Value Russell 1000 iS, IWD
1.42% , LargeCap Blend S&P=Weight R, RSP
1.41% , Value VIPERs, VTV
1.41% , Belgium Index, EWK
1.41% , LargeCap Blend Russell 1000 iS, IWB
1.40% , Blend Total Market VIPERs, VTI
1.40% , S&P 500 SPDRs LargeCap Blend, SPY
1.38% , Growth SmallCap VIPERs, VBK
1.37% , Small Cap VIPERs, VB
1.37% , Capital Markets KWB ST, KCE
1.36% , LargeCap VIPERs, VV
1.36% , Dividend Appreciation Vipers, VIG
1.36% , Transportation Av DJ, IYT
1.36% , Energy DJ, IYE
1.35% , LargeCap Blend Russell 3000 iS, IWV
1.35% , SmallCap Growth Russell 2000 iS, IWO
1.35% , LargeCap Blend S&P 100, OEF
1.34% , LargeCap Growth S&P 500 iS, IVW
1.34% , MidCap Blend S&P 400 iS, IJH
1.33% , MidCap Growth S&P 400 iS, IJK
1.32% , Telecom DJ US, IYZ
1.31% , MidCap S&P 400 SPDRs, MDY
1.30% , Growth VIPERs, VUG
1.30% , Value MidCap Russell, IWS
1.28% , Energy & Nat Res iS GS, IGE
1.28% , Australia Index, EWA
1.25% , Bond, 20+ Years Treasury, TLT
1.24% , SmallCap Blend Russell 2000 iS, IWM
1.24% , Consumer Discretionary SPDR, XLY
1.24% , Latin Am 40, ILF
1.23% , Oil, Crude, U.S. Oil Fund, USO
1.21% , MidCap Value S&P 400 iS, IJJ
1.20% , Microcap Russell, IWC
1.18% , Mexico Index, EWW
1.17% , SmallCap Growth S&P 600 iS, IJT
1.14% , Value SmallCap VIPERS, VBR
1.14% , Global 100, IOO
1.14% , Dividend U.S. DJ iS, DVY
1.13% , QQQ Nasdaq 100 Trust, QQQ
1.12% , Russia MV, RSX
1.11% , Pacific VIPERs, VPL
1.08% , Dividend SPDR, SDY
1.03% , SmallCap Blend S&P 600 iS, IJR
1.03% , India Earnings WTree, EPI
1.02% , Info Tech VIPERs, VGT
1.01% , Dividend ex-U.S. DJ iS, IDV
1.01% , Materials SPDR, XLB
1.01% , Global LargeCap Blend MSCI iS, ACWI
1.00% , Oil Fund PowerShares, DBO
1.00% , SmallCap Value S&P 600 iS, IJS
0.99% , Utilities VIPERs, VPU
0.99% , Dividend High Yield Equity PS, PEY
0.99% , Pacific ex-Japan, EPP
0.99% , Energy Global, IXC
0.99% , China LargeCap Growth G D H USX PS, PGJ
0.98% , SmallCap Value Russell 2000 iS, IWN
0.98% , Semiconductor SPDR, XSD
0.97% , Technology DJ US, IYW
0.97% , Turkey MSCI iS, TUR
0.96% , Basic Materials DJ US, IYM
0.96% , Technology SPDR, XLK
0.96% , EMU Europe Index, EZU
0.95% , Germany Index, EWG
0.95% , Semiconductor iS IGW, SOXX
0.94% , Emerging 50 BLDRS, ADRE
0.92% , Value EAFE MSCI, EFV
0.92% , Homebuilders SPDR, XHB
0.92% , Japan Index, EWJ
0.91% , WilderHill Clean Energy PS, PBW
0.91% , Utilities SPDR, XLU
0.89% , South Korea Index, EWY
0.86% , Brazil Index, EWZ
0.83% , Austria Index, EWO
0.81% , Global ex U.S. LargeCap Blend, ACWX
0.79% , Emerging Markets MSCI iS, EEM
0.78% , Networking, IGN
0.77% , Commodity Tracking, DBC
0.75% , Foreign LargeCap EAFE MSCI iS, EFA
0.74% , Bond, Long-Term Corp iBoxx iS, LQD
0.72% , Water Resources, PHO
0.72% , Europe 350 S&P Index, IEV
0.72% , Emerging VIPERs, VWO
0.69% , Dividend International, PID
0.69% , European VIPERs, VGK
0.66% , Industrial SPDR, XLI
0.66% , Thailand MSCI iS, THD
0.64% , Canada Index, EWC
0.63% , Malaysia Index, EWM
0.61% , Netherlands Index, EWN
0.58% , Chile MSCI iS, ECH
0.56% , Sweden Index, EWD
0.56% , Growth EAFE MSCI, EFG
0.54% , Bond, Muni S&P ATM-Free iS, MUB
0.53% , Financial Preferred, PGF
0.53% , Bond, High Yield Corp iBoxx iS, HYG
0.52% , Singapore Index, EWS
0.51% , SmallCap Blend EAFE MSCI iS, SCZ
0.49% , Bond, Emerging Mkt JPM iS, EMB
0.48% , Bond, 10 Year Treasury, IEF
0.44% , Frontier Markets Guggenheim , FRN
0.43% , Bond, Intermediate US Aggregate iS, AGG
0.39% , Switzerland Index, EWL
0.36% , United Kingdom Index, EWU
0.32% , Bond, High-Yield Junk, JNK
0.29% , Hong Kong Index, EWH
0.28% , Taiwan Index, EWT
0.24% , Preferred Stock iS, PFF
0.22% , China 25 iS, FXI
0.21% , Bond, TIPS U.S. Treasury iS, TIP
0.16% , Agriculture DB PS, DBA
0.12% , Indonesia MV, IDX
0.11% , France Index, EWQ
0.05% , Bond Ex-US Treas, BWX
0.04% , Bond, 1-3 Year Treasury, SHY
0.01% , Bond Treasury Short-Term iS, SHV
-0.15% , Gold Shares S.T., GLD
-0.29% , Silver Trust iS, SLV
-0.58% , Metals & Mining SPDR, XME
-1.41% , Bear, Short S&P 500, SH
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The S&P 500 Composite Potential Resistance
1729.86, high of 9/19/2013
The S&P 500 Composite Potential Support
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
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
1678.72, 50-day SMA
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
1617.38, Fib 61.8% of Jun-Aug 2013
1606.57, 200-day SMA
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
