U.S. stock market price indexes tried to rally early on Wednesday but that attempt quickly fizzled. The market sagged lower into the early afternoon, partially recovered, then fell back down to their lowest levels of the day in the final hour. Indexes closed below the open, below the previous day’s close, and below the midpoint of the day’s high-low range. The S&P 500 Composite Index (SPX: 1,685.39) closed below its lowest closes of the previous 11 trading days, down 0.52%.
The bullish majority seemed reluctant to buy the dip on Wednesday, for a change. The SPX is nearly unchanged over the past 3 weeks, which suggests a loss of upside price momentum.
NYSE total volume fell 4% a level 14% 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 and the Cumulative Daily Advance-Decline on the NYSE fell again on Wednesday. In July and so far in August, both failed to rise above their May highs; the S&P 500 rose to a new high at 1,709.67 on 8/2/13, but Volume and Breadth did not rise to higher highs. Therefore, both Volume and Breadth remain bearishly divergent relative to the price indexes. In addition, the Net Number of New Highs-Lows remains far below its May high, thereby diverging bearishly as well.
Popular price momentum oscillators based on SPX, such as RSI(14) and MACD(12,26,9), failed to rise above their May highs in recent weeks to confirm new highs by the price indexes. So, both oscillators remain bearishly divergent.
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9 major U.S. stock sectors ranked in order of long-term relative strength:
Financial (XLF) Neutral, Under Weight. The Relative Strength Ratio (XLF/SPY) is systematically neutral. XLF/SPY fell below its 50-day SMA on 8/7/13, thereby turning systematically neutral (from bullish). 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 above the 50-day SMA on 6/26/13, thereby turning systematically bullish (from neutral). Support: 20.24, 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.
Consumer Discretionary (XLY) Neutral, Under Weight. The Relative Strength Ratio (XLY/SPY) remains systematically bullish. XLY/SPY turned systematically bullish (from neutral) on 6/13/13, when it whipsawed back above the 50-day SMA. 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 whipsawed back above the 50-day SMA on 6/27/13, thereby turning systematically bullish (from neutral). Support: 58.94, 58.23, 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: 60.75.
Health Care (XLV) Neutral, Under Weight. The Relative Strength Ratio (XLV/SPY) remains systematically bullish. XLV/SPY whipsawed back up above its 50-day SMA on 7/19/13, thereby turning systematically bullish again (from neutral). Absolute price whipsawed up above its 50-day SMA on 7/5/13, thereby turning systematically bullish (from neutral). Support: 50.20, 49.52, 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: 51.50.
Industrial (XLI) Neutral, Under Weight. The Relative Strength Ratio (XLI/SPY) remains systematically bullish. XLI/SPY whipsawed back up above its 50-day SMA on 7/18/13, thereby turning systematically bullish again (from neutral). Absolute price whipsawed up above its 50-day SMA on 7/5/13, thereby turning systematically bullish (from neutral). Support: 44.66, 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: 46.02.
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 drifted slightly lower after peaking at 42.20 on 5/15/13. Support 41.02, 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.
Energy (XLE) Bearish, Under Weight. The Relative Strength Ratio (XLE/SPY) remains systematically bearish. XLE/SPY whipsawed back down below its 50-day SMA on 7/26/13, thereby turning systematically bearish again (from neutral). Long term, XLE/SPY has been trending down since the XLE/SPY ratio peaked on 3/30/11. Absolute price has drifted slightly lower after peaking at 83.95 on 5/22/13. Support: 81.68, 80.82, 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: 83.96 and 91.42.
Technology (XLK) Neutral, Under Weight. The Relative Strength Ratio (XLK/SPY) turned systematically neutral (from bearish) on 8/13/13 when XLK/SPY crossed back up above its 50-day SMA. Absolute price confirmed a significant uptrend on 8/13/13 when it rose above its highs of the previous 12 years. Support: 31.97, 31.37, 31.07, 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: 34.85, 36.40, and 39.07.
Materials (XLB) Bearish, Under Weight. The Relative Strength Ratio (XLB/SPY) fell to its lowest level in 6 years on 7/5/13 and has been trending down since it peaked on 6/23/2008. Absolute price remains systematically bullish. Support: 40.38, 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: 41.68, 43.04, 45.21, and 46.54.
Utilities (XLU) Bearish, Under Weight. The Relative Strength Ratio (XLU/SPY) fell to its lowest level in 8 years on 7/5/13 and has been trending down since the XLU/SPY ratio peaked on 11/21/2008. Absolute price has drifted slightly lower after peaking at 41.44 on 4/30/13. Absolute price rose above its 50-day SMA on 7/11/13, thereby turning systematically bullish (from neutral). Support: 38.00, 36.51, 35.80, 35.09, 34.22, 33.84, 33.18, 31.94, 29.45, 27.91, 27.44, and 25.76. Resistance: 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 8/1/13, when the Dow-Jones Industrial Average and the Dow-Jones Transportation Average both closed at new price highs.
NASDAQ 100/S&P 500 Relative Strength Ratio (QQQ/SPY) remains systematically neutral, although its trend appears to be changing in a more bullish direction. QQQ/SPY rose above its highest levels of the past 6 months on 8/13/13.
iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) crossed back above its 50-day SMA on 8/14/13, thereby turning systematically neutral (from bearish). The 50-day SMA remains below the 200-day SMA, however, 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. Price peaked at 42.29 on 2/1/13 and fell to a 20-month low on 6/24/13.
Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) crossed back above its 50-day SMA on 8/14/13, thereby turning systematically neutral (from bearish). The 50-day SMA remains below the 200-day SMA, however, 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. Absolute price peaked at 45.34 on 1/2/13 and fell to a 19-month low on 6/24/13, confirming its bearish major trend.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) crossed back above its 50-day SMA on 8/8/13, 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.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEF/SPY) remains systematically bearish. OEF/SPY has been in a down trend since 9/24/12. 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) remains systematically bullish. IWM/SPY has been rising since 5/1/13. Absolute price crossed back above its 50-day SMA on 6/27/13, thereby turning systematically bullish (from neutral).
The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) remains systematically bullish. MDY/SPY has been rising since 6/21/13. Absolute price crossed back above its 50-day SMA on 7/5/13, thereby turning systematically bullish (from neutral).
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Fixed-Income Investments
Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) price remains systematically bearish. Momentum indicators RSI and MACD based on the TLT price were extremely oversold at the June low but have held above their June lows as price probed lower in July and August, thereby indicating bullish momentum divergence compared to price itself. Long term, the 33-year trend is still indicating rising bond prices. Support 105.00, 103.20, 102.27, 96.31, 94.83, 93.14, 89.65, and 88.14. Resistance: 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 remains systematically bearish. Momentum indicators RSI and MACD based on the IEF price were extremely oversold at the June and early July lows but have held well above those lows as price probed support this August, thereby indicating bullish momentum divergence compared to price itself. Long term, the 33-year trend is still indicating rising prices. Support 100.86, 100.45, 100.31, 99.79, and 97.66. Resistance: 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) has been systematically bullish since 5/3/13, when the ratio crossed above its 50-day SMA. Absolute price of JNK has been in a rising trend since 6/24/13 but remains below its high of 41.95 set on 5/8/13.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year ETFs Relative Strength Ratio (TIP/IEF) turned systematically neutral (from bearish) on 7/16/13, when it crossed above the 50-day SMA. Absolute price of TIP peaked at 123.44 on 12/6/12 and remains systematically bearish.
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Tangible Assets, Commodities
U.S. dollar ETF (UUP) whipsawed back down below its 50-day SMA on 7/16/13, thereby turning systematically neutral again (from bullish). UUP fell below its 200-day SMA on 8/2/13, and the 50-day SMA could be heading toward a possible bearish cross below the 200-day SMA in weeks ahead. 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 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 remains in a systematically bullish trend above its 50-day SMA and 200-day SMA. In recent weeks, however, USO price has stalled out below its peak of 38.62 on 7/19/13. Support 36.35, 32.53, 32.12, 30.79, 29.02, 26.28, and 22.74. Resistance 38.62, 40.29, 41.38, 42.30, and 45.60.
Gold, SPDR Gold Shares ETF (GLD) price trend turned systematically neutral (from bearish) on 8/12/13 when price whipsawed back up above its 50-day SMA. GLD may be consolidating losses within its longer term downtrend: price fell below its lows of the previous 2 years on 6/28/13, thereby reconfirming its preexisting major bearish trend. GLD price trend was bearish since price peaked at 185.85 on 9/6/11 until price fell below its lows of the previous 2 years on 6/28/13, and that down trend may not be finished. Support: 122.73, 114.68, 113.08 and 102.28. Resistance: 130.14, 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 trend turned systematically neutral (from bearish) on 8/12/13 when price whipsawed back up above its 50-day SMA. SLV may be consolidating losses within its longer term downtrend: SLV price trend was bearish since price peaked at 48.35 on 4/28/11 until price fell below its lows of the previous 2 years on 6/27/13, and that down trend may not be finished. Support 17.75, 16.73, 14.37, 12.27, 11.64, and 8.45. Resistance: 19.89, 20.53, 22.65, 23.70, 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 above its 50-day SMA on 8/9/13, thereby turning systematically neutral (from bearish). Longer term, SLV underperformed GLD for more than 2 years from 4/28/11 to 7/30/13, and that long-term down trend may not be over.
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). 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, and that long-term down trend may not be over. “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
4.23% , NVDA , NVIDIA
6.18% , NEM , NEWMONT MINING
2.62% , BBY , BEST BUY
0.97% , LH , LAB CRP OF AMER
1.26% , MAR , MARRIOTT INTL STK A
2.96% , WY , WEYERHAEUSER
3.78% , SIL , Silver Miners Global X, SIL
1.62% , IP , INTL PAPER
1.01% , IAU , Gold COMEX iS, IAU
1.83% , SLV , Silver Trust iS, SLV
0.39% , WYNN , Wynn Resorts L
1.30% , STLD , Steel Dynamics, STLD
0.81% , DBC , Commodity Tracking, DBC
0.70% , DVN , DEVON ENERGY
0.77% , LM , LEGG MASON
0.77% , FDO , FAMILY DLR STRS
0.50% , FRN , Frontier Markets Guggenheim , FRN
1.41% , DXD , Short 200% Dow 30 PS, DXD
0.21% , CSCO , CISCO SYSTEMS
0.96% , DGX , QUEST DIAG
0.42% , XL , XL CAPITAL STK A
0.99% , GLD , Gold Shares S.T., GLD
0.09% , IEF , Bond, 10 Year Treasury, IEF
0.22% , EZU , EMU Europe Index, EZU
0.38% , EWW , Mexico Index, EWW
2.59% , CLF , CLIFFS NATURAL RESOURCES, CLF
0.39% , COP , CONOCOPHILLIPS
1.11% , PIN , India PS, PIN
0.08% , IYM , Basic Materials DJ US, IYM
0.74% , DOG , Short 100% Dow 30, DOG
0.15% , STJ , ST JUDE MEDICAL
0.22% , TUR , Turkey MSCI iS, TUR
0.26% , EWU , United Kingdom Index, EWU
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Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-5.07% , MCO , MOODYS CORP
-3.98% , LPX , LOUISIANA PAC
-1.19% , CBS , CBS CORP.
-1.48% , TXN.O , TEXAS INSTRUMENT
-1.64% , CAG , CONAGRA FOODS
-3.26% , SHW , SHERWIN WILLIAMS
-1.62% , BBBY , BED BATH BEYOND
-2.15% , APA , APACHE
-1.87% , DE , DEERE & CO
-0.66% , PKB , Building & Construction, PKB
-1.40% , DDM , Ultra Dow30 Double, DDM
-2.21% , CMCSA , COMCAST HOLDINGS STK A
-2.04% , ALTR , ALTERA
-1.99% , EL , Estee Lauder
-2.45% , LOW , LOWES
-1.53% , MKC , MCCORMICK
-2.44% , AVP , AVON
-0.62% , CVG , CONVERGYS
-1.62% , TGT , TARGET
-2.26% , HSP , HOSPIRA
-1.46% , VFC , VF
-1.39% , KMB , KIMBERLY CLARK
-1.14% , RIG , TRANSOCEAN
-0.73% , MDY , MidCap S&P 400 SPDRs, MDY
-0.31% , IWS , Value MidCap Russell, IWS
-1.55% , LEN , Lennar Corp. (LEN)
-1.10% , DDS , DILLARD STK A
-1.10% , XLY , Consumer Discretionary SPDR, XLY
-0.71% , SDY , Dividend SPDR, SDY
-2.43% , DHI , D.R. HORTON, DHI
-2.48% , JNJ , JOHNSON&JOHNSON
-1.24% , TWX , TIME WARNER INC
-2.52% , HD , HOME DEPOT
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One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
1.83% , Silver Trust iS, SLV
1.68% , Metals & Mining SPDR, XME
1.43% , India Earnings WTree, EPI
1.11% , India PS, PIN
0.99% , Gold Shares S.T., GLD
0.97% , Indonesia MV, IDX
0.81% , Commodity Tracking, DBC
0.80% , Agriculture DB PS, DBA
0.68% , Russia MV, RSX
0.67% , South Africa Index, EZA
0.59% , Sweden Index, EWD
0.54% , Bear, Short S&P 500, SH
0.50% , Oil, Crude, U.S. Oil Fund, USO
0.50% , Frontier Markets Guggenheim , FRN
0.44% , South Korea Index, EWY
0.40% , Oil Fund PowerShares, DBO
0.38% , France Index, EWQ
0.38% , Mexico Index, EWW
0.34% , Netherlands Index, EWN
0.33% , Emerging Markets MSCI iS, EEM
0.30% , Emerging VIPERs, VWO
0.29% , Networking, IGN
0.27% , Thailand MSCI iS, THD
0.26% , United Kingdom Index, EWU
0.22% , Turkey MSCI iS, TUR
0.22% , EMU Europe Index, EZU
0.17% , Energy & Nat Res iS GS, IGE
0.15% , Bond, 20+ Years Treasury, TLT
0.14% , Canada Index, EWC
0.13% , European VIPERs, VGK
0.09% , Spain Index, EWP
0.09% , Bond, 10 Year Treasury, IEF
0.08% , Basic Materials DJ US, IYM
0.08% , China 25 iS, FXI
0.07% , Biotech SPDR, XBI
0.05% , Austria Index, EWO
0.05% , Hong Kong Index, EWH
0.05% , Foreign LargeCap EAFE MSCI iS, EFA
0.05% , Global ex U.S. LargeCap Blend, ACWX
0.02% , Europe 350 S&P Index, IEV
0.00% , Value EAFE MSCI, EFV
0.00% , Bond, 1-3 Year Treasury, SHY
0.00% , Australia Index, EWA
-0.01% , Bond Treasury Short-Term iS, SHV
-0.03% , Bond, Muni S&P ATM-Free iS, MUB
-0.03% , Switzerland Index, EWL
-0.04% , SmallCap Blend EAFE MSCI iS, SCZ
-0.05% , Technology DJ US, IYW
-0.06% , Dividend ex-U.S. DJ iS, IDV
-0.07% , Germany Index, EWG
-0.08% , Bond, High-Yield Junk, JNK
-0.09% , Pacific ex-Japan, EPP
-0.09% , Technology SPDR, XLK
-0.12% , Growth EAFE MSCI, EFG
-0.12% , Microcap Russell, IWC
-0.13% , Bond, Intermediate US Aggregate iS, AGG
-0.14% , Italy Index, EWI
-0.17% , Bond, Emerging Mkt JPM iS, EMB
-0.17% , Emerging 50 BLDRS, ADRE
-0.17% , Bond, Long-Term Corp iBoxx iS, LQD
-0.18% , Latin Am 40, ILF
-0.19% , Pacific VIPERs, VPL
-0.19% , Bond Ex-US Treas, BWX
-0.20% , Bond, High Yield Corp iBoxx iS, HYG
-0.21% , Financial DJ US, IYF
-0.21% , Bond, TIPS U.S. Treasury iS, TIP
-0.22% , Real Estate US DJ iS, IYR
-0.22% , Materials SPDR, XLB
-0.22% , Chile MSCI iS, ECH
-0.22% , Energy Global, IXC
-0.23% , Dividend International, PID
-0.24% , Info Tech VIPERs, VGT
-0.26% , Value SmallCap VIPERS, VBR
-0.26% , Malaysia Index, EWM
-0.26% , Global LargeCap Blend MSCI iS, ACWI
-0.28% , SmallCap Value S&P 600 iS, IJS
-0.29% , Financials VIPERs, VFH
-0.30% , REIT Wilshire, RWR
-0.31% , Value MidCap Russell, IWS
-0.31% , Financial Services DJ, IYG
-0.32% , Global 100, IOO
-0.33% , MidCap Value S&P 400 iS, IJJ
-0.36% , Dividend High Yield Equity PS, PEY
-0.37% , Energy VIPERs, VDE
-0.37% , Singapore Index, EWS
-0.38% , QQQ Nasdaq 100 Trust, QQQ
-0.38% , SmallCap Value Russell 2000 iS, IWN
-0.39% , REIT VIPERs, VNQ
-0.39% , Energy DJ, IYE
-0.39% , SmallCap Blend S&P 600 iS, IJR
-0.39% , China LargeCap Growth G D H USX PS, PGJ
-0.39% , Financial SPDR, XLF
-0.39% , SmallCap Blend Russell 2000 iS, IWM
-0.40% , Capital Markets KWB ST, KCE
-0.42% , LargeCap Value Russell 1000 iS, IWD
-0.43% , Small Cap VIPERs, VB
-0.43% , Realty Cohen & Steers, ICF
-0.45% , Value LargeCap Dynamic PS, PWV
-0.45% , SmallCap Growth Russell 2000 iS, IWO
-0.45% , SmallCap Growth S&P 600 iS, IJT
-0.46% , Energy SPDR, XLE
-0.47% , LargeCap Blend S&P 100, OEF
-0.48% , LargeCap VIPERs, VV
-0.49% , Dividend U.S. DJ iS, DVY
-0.49% , LargeCap Blend Russell 3000 iS, IWV
-0.50% , LargeCap Value S&P 500 iS, IVE
-0.51% , S&P 500 SPDRs LargeCap Blend, SPY
-0.52% , LargeCap Growth S&P 500 iS, IVW
-0.52% , Value VIPERs, VTV
-0.52% , Financial Preferred, PGF
-0.52% , Japan Index, EWJ
-0.52% , LargeCap Blend S&P=Weight R, RSP
-0.52% , Belgium Index, EWK
-0.52% , Blend Total Market VIPERs, VTI
-0.53% , LargeCap Blend S&P 500 iS, IVV
-0.54% , Growth SmallCap VIPERs, VBK
-0.54% , Telecom DJ US, IYZ
-0.54% , MidCap Russell, IWR
-0.55% , Growth VIPERs, VUG
-0.55% , LargeCap Blend Russell 1000 iS, IWB
-0.60% , Taiwan Index, EWT
-0.62% , LargeCap Growth Russell 1000 iS, IWF
-0.63% , MidCap Blend S&P 400 iS, IJH
-0.65% , Utilities SPDR, XLU
-0.65% , Utilities VIPERs, VPU
-0.65% , Brazil Index, EWZ
-0.67% , Dividend Appreciation Vipers, VIG
-0.70% , Consumer Staples SPDR, XLP
-0.70% , Industrial SPDR, XLI
-0.71% , Dividend SPDR, SDY
-0.72% , DIAMONDS (DJIA), DIA
-0.73% , MidCap S&P 400 SPDRs, MDY
-0.73% , Growth MidCap Russell, IWP
-0.76% , Preferred Stock iS, PFF
-0.79% , Health Care SPDR, XLV
-0.84% , Transportation Av DJ, IYT
-0.89% , MidCap Growth S&P 400 iS, IJK
-0.95% , Water Resources, PHO
-1.10% , Consumer Discretionary SPDR, XLY
-1.26% , Semiconductor SPDR, XSD
-1.52% , Semiconductor iS IGW, SOXX
-1.73% , Homebuilders SPDR, XHB
-2.26% , WilderHill Clean Energy PS, PBW
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The S&P 500 Composite Potential Resistance
1709.67, high of 8/2/2013
The S&P 500 Composite Potential Support
1676.03, low of 7/26/2013
1671.84, low of 7/16/2013
1660.03, Fib 78.6% of May-June 2013
1655.69, 50-day SMA
1654.19, high of 6/18/2013
1654.18, high of 7/9/2013
1638.72, Fib 61.8% of May-June 2013
1606.04, Fib 23.6% of Nov-May 2013
1560.33, low of 6/24/2013
1556.24, Equal Waves Projection
1555.84, Fib 38.2% of Nov-May 2013
1547.47, 200-day SMA
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
