Crude Oil, United States Oil ETF (USO) price turned systematically neutral (from bearish) on 5/2/13 when price rose above the 50-day SMA.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year ETFs Relative Strength Ratio (TIP/IEF) appears to be heading for a bearish cross, with the 50-day SMA likely to fall below the 50-day SMA in days ahead.
Technology stock sector ETF Relative Strength Ratio (XLK/SPY) turned systematically neutral (from bearish) on 5/2/13, when it rose above the 50-day SMA.
U.S. stocks gapped higher on the open and continued to rise until 1:36 p.m. ET. Prices then drifted sideways in a narrow range into the close. Volume eased lower on the rally, compared to the volume the previous day, when prices declined.
The S&P 500 Composite Index (SPX: 1,597.59) finished at a new high, up 0.94%, the Nasdaq Composite Index rose 1.26%, the Dow Jones Industrial Average advanced by 0.89%, and the Dow Jones Transportation Average rose 0.98%.
NYSE total volume fell 6% to a level 3% above its 200-day SMA.
Breadth was positive, with 3012 Advances and 1000 Declines. In addition, Advancing/Declining Volume was positive, with 2.7 Advancing Stock Volume to 1.0 Declining Stock Volume.
A variety of stock market price momentum indicators continue to show bearish divergences, while investor sentiment has been at bullish extremes most of the year. My interpretation of the technical indicators suggests that the medium-term stock market uptrend evident from November through April may be overdone. The market seems overdue for a significant downside correction. With prices testing their highs, now appears to be a critical juncture.
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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: 46.76, 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: 48.38.
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: 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: none.
Financial (XLF) Neutral, Under Weight. The Relative Strength Ratio (XLF/SPY) whipsawed back above its 50-day SMA on 4/23/13, thereby turning systematically bullish again. 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 is systematically bullish again after a brief whipsaw crossover at 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: 17.75, 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: 18.76, 20.70, 24.50, and 28.17.
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 turned systematically bullish on 1/2/13, when it rose above its 50-day SMA. Support: 40.06, 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: 41.44.
Utilities (XLU) Neutral, Under Weight. The Relative Strength Ratio (XLU/SPY) remains systematically neutral, with the 50-day SMA still 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: 39.61, 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: 41.44, 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 4/23/13. XLI/SPY turned systematically neutral (from bullish) on 3/20/13 when it crossed below the 50-day SMA. Absolute price turned systematically bullish (from neutral) on 4/25/13, when it rose above the 50-day SMA. Support: 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: 41.54, and 42.16.
Energy (XLE) Bearish, Under Weight. The Relative Strength Ratio (XLE/SPY) fell below its lows of the previous 9 months on 4/17/13, confirming its preexisting significant downtrend. XLE/SPY turned systematically bearish on 4/19/13, when the 50-day SMA crossed below the 200-day SMA. XLE absolute price fell below its lows of the previous 4 months on 4/17/13. Price turned systematically bullish (from neutral) on 4/29/13, when price rose above the 50-day SMA. Price remains above the 200-day SMA, and the 50-day SMA remains above the 200-day SMA. Support: 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: 78.30, 80.14, 80.97, 83.27, and 91.42.
Technology (XLK) Neutral, Under Weight. The Relative Strength Ratio (XLK/SPY) turned systematically neutral (from bearish) on 5/2/13, when it rose above the 50-day SMA. XLK absolute price turned systematically bullish (from neutral) on 4/25/13, when it rose above the 50-day SMA. Price remains above the 200-day SMA, and the 50-day SMA remains above the 200-day SMA. Support: 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: 31.22, 31.74, 32.00, 34.85, 36.40, and 39.07.
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 4/18/13. Absolute price turned systematically bullish again on 4/24/13, when it rose above the 50-day SMA. Price remains above the 200-day SMA, and the 50-day SMA remains above the 200-day SMA. Support: 38.50, 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: 39.77, 40.04, 40.20, 40.72, 41.28, 43.04, 45.21, and 46.54.
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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) rose above its 50-day SMA on 4/30/13, thereby turning systematically neutral (from bearish).
iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) fell below the lows of the previous 4 years on 4/17/13, 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 5-month low on 4/17/13.
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 5-month low on 4/17/13.
Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) rose above its 50-day SMA on 4/23/13, thereby turning systematically bullish again. EFA price confirmed the uptrend by rising above the highs of the previous 21 months on 4/30/13.
The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEF/SPY) turned systematically bearish again (from neutral) on 4/24/13, when it whipsawed back down below its 50-day SMA. Large Caps tend to outperform in bearish general market trends as investors seek the perceived relative stability and safety of large size. On the other hand, Large Caps tend to underperform Mid Caps and Small Caps in bullish general market trends as investors seek greater potential returns in more volatile, smaller stocks.
The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) fell below the lows of the previous 5 months on 5/1/13. IWM/SPY turned systematically neutral on 4/1/13 when it fell below the 50-day SMA. Absolute price peaked on 3/15/13 and has been lagging the broader stock market price indexes since then, thereby demonstrating a bearish divergence.
The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) fell below the lows of the previous 3 months on 4/18/13. MDY/SPY turned systematically neutral (from bullish) on 4/1/13 when it fell below the 50-day SMA. Absolute price rose to a new high on 4/30/13.
Daily price momentum oscillators have been diverging bearishly for many weeks and months while most of the stock price indexes rose to higher highs. Daily price momentum oscillators have remained below their highs of January, 2013, as well as 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. In addition, NYSE Net 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 all failed to rise to higher highs in April 2013. Bearishly diverging momentum is a problem because momentum is a leading indicator of price.
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Fixed-Income Investments
Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) price rose above its highs of the past 5 months on 5/1/13, 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 122.10, 119.88, 117.49, 114.62, 109.69, 106.08, 103.20, 102.27, 96.31, 94.83, 93.14, 89.65, and 88.14. Resistance: 123.79, 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 5 months on 5/1/13, 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 108.39, 107.71, 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: 109.04, 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 5/1/13, thereby turning systematically neutral (from bullish). JNK/LQD has been neutral for most of the past 3 years.
U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year ETFs Relative Strength Ratio (TIP/IEF) appears to be heading for a bearish cross, with the 50-day SMA likely to fall below the 50-day SMA in days ahead. TIP/IEF fell below its 50-day SMA on 3/18/13, thereby turning systematically neutral (from bullish). 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.
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Tangible Assets, Commodities
U.S. dollar ETF (UUP) price turned systematically neutral (from bullish) on 4/26/13, when it whipsawed back below the 50-day SMA. Longer term, UUP has been consolidating secular trend losses since bottoming at 20.84 on 5/4/11. Support 22.12, 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 turned systematically neutral (from bearish) on 4/29/13 when price rose above the 50-day SMA.
Crude Oil, United States Oil ETF (USO) price turned systematically neutral (from bearish) on 5/2/13 when price rose above the 50-day SMA. Longer term, USO had been mostly bearish since peaking at 119.17 on 7/11/08. Support 30.79, 29.02, 26.28, and 22.74. Resistance 33.92, 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: 139.78 135.85, and 130.51. 142.55. Resistance: 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) 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: 23.70, 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 4/24/13, 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 2 years on 5/1/13, thereby reconfirming its preexisting bearish major trend. 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.
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Spotlight on event stocks: Here is a stock screen I designed to pick out potential event stocks, both Bullish and Bearish. Sometimes, stocks with large changes in price and volume are later revealed to be deal stocks or are the subject of some other extraordinary events, positive or negative.
Bullish Stocks: Rising Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
3.91% , APD , AIR PRODS & CHEM
8.24% , HAR , Harman International
6.97% , PRU , PRUDENTIAL FINL
4.84% , EXPD , Expeditors International WA
4.09% , MET , METLIFE
2.71% , EZA , South Africa Index, EZA
1.43% , IGM , Technology GS, IGM
0.81% , PRF , Value LargeCap Fundamental RAFI 1000, PRF
4.98% , KBH , KB HOME
2.56% , PBW , WilderHill Clean Energy PS, PBW
2.76% , BDX , BECTON DICKINSON
3.47% , TUR , Turkey MSCI iS, TUR
2.89% , SNI , Scripps Networks Interactive
4.07% , GILD , Gilead Sciences Inc
4.11% , CI , CIGNA
0.99% , EWQ , France Index, EWQ
3.35% , TDC , Teradata Corporation, TDC
2.37% , LAMR , Lamar Advertising Company
5.37% , VMC , VULCAN MATERIALS
1.41% , MCHP , Microchip Technology Incorporated
2.77% , TXT , TEXTRON
1.39% , BF.B , BROWN FORMAN STK B
1.41% , SRE , SEMPRA ENERGY
2.60% , BAX , BAXTER INTL
2.63% , EL , Estee Lauder
2.41% , NWSA , News Corporation, NWSA
1.04% , IYC , Consumer Cyclical DJ, IYC
0.61% , EWN , Netherlands Index, EWN
2.30% , ESRX , EXPRESS SCRIPTS
1.11% , NWL , NEWELL RUBBER
1.03% , RPV , Value S&P 500, RPV
1.40% , JNS , JANUS CAPITAL
4.31% , THC , TENET HEALTHCARE
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Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-4.12% , MBI , MBIA
-4.02% , LNC , LINCOLN NATL
-1.91% , TGT , TARGET
-1.35% , EWO , Austria Index, EWO
-10.68% , NIHD , NII Holdings, Inc.
-3.53% , IP , INTL PAPER
-1.68% , HOLX , Hologic, Inc., HOLX
-1.84% , K , KELLOGG
-5.71% , CLF , CLIFFS NATURAL RESOURCES, CLF
-1.56% , DV , DeVry, Inc.
-0.96% , PPL , PPL
-1.19% , MRVL , MARVELL TECHNOLOGY
-0.59% , KO , COCA COLA
-1.08% , TAP , ADOLPH COORS STK B, TAP
-0.51% , ROST , Ross Stores Inc
-0.41% , MCO , MOODYS CORP
-0.29% , CAG , CONAGRA FOODS
-0.90% , PCG , PG&E
-0.50% , ZEUS , Olympic Steel, ZEUS
-0.82% , CNP , CENTERPNT ENERGY
-1.36% , APOL , APOLLO GROUP
-0.05% , THD , Thailand MSCI iS, THD
-0.29% , XL , XL CAPITAL STK A
-0.70% , USB , US BANCORP
-0.19% , RHI , ROBERT HALF
-0.29% , XEL , XCEL ENERGY
-0.33% , BMC.O , BMC SOFTWARE
-0.40% , UNH , UNITEDHEALTH GRP
-0.33% , PEG , PUBL SVC ENTER
-0.69% , PM , Philip Morris, PM
-0.15% , DUK , DUKE ENERGY
-0.06% , GVI , Bond Interm U.S. Gov, GVI
-0.31% , ALL , ALLSTATE
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One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol
3.49% , Oil Fund PowerShares, DBO
3.47% , Turkey MSCI iS, TUR
3.40% , Oil, Crude, U.S. Oil Fund, USO
2.71% , South Africa Index, EZA
2.56% , WilderHill Clean Energy PS, PBW
2.18% , Homebuilders SPDR, XHB
2.13% , Russia MV, RSX
1.75% , Microcap Russell, IWC
1.72% , SmallCap Growth Russell 2000 iS, IWO
1.64% , Singapore Index, EWS
1.61% , SmallCap Blend S&P 600 iS, IJR
1.60% , SmallCap Growth S&P 600 iS, IJT
1.59% , SmallCap Blend Russell 2000 iS, IWM
1.57% , SmallCap Value Russell 2000 iS, IWN
1.56% , Semiconductor SPDR, XSD
1.55% , SmallCap Value S&P 600 iS, IJS
1.50% , India PS, PIN
1.47% , Info Tech VIPERs, VGT
1.45% , Biotech SPDR, XBI
1.42% , Growth SmallCap VIPERs, VBK
1.36% , Capital Markets KWB ST, KCE
1.32% , Semiconductor iS IGW, SOXX
1.31% , Energy SPDR, XLE
1.30% , Small Cap VIPERs, VB
1.30% , Technology DJ US, IYW
1.28% , Commodity Tracking, DBC
1.28% , Technology SPDR, XLK
1.26% , QQQ Nasdaq 100 Trust, QQQ
1.23% , Industrial SPDR, XLI
1.21% , Energy DJ, IYE
1.14% , Value SmallCap VIPERS, VBR
1.14% , Energy VIPERs, VDE
1.11% , Health Care SPDR, XLV
1.08% , Taiwan Index, EWT
1.08% , LargeCap Growth Russell 1000 iS, IWF
1.07% , Growth VIPERs, VUG
1.07% , India Earnings WTree, EPI
1.06% , Energy & Nat Res iS GS, IGE
1.06% , MidCap S&P 400 SPDRs, MDY
1.06% , Transportation Av DJ, IYT
1.04% , Blend Total Market VIPERs, VTI
1.03% , LargeCap Blend Russell 3000 iS, IWV
1.03% , LargeCap Blend S&P=Weight R, RSP
1.00% , MidCap Growth S&P 400 iS, IJK
0.99% , LargeCap Growth S&P 500 iS, IVW
0.99% , MidCap Blend S&P 400 iS, IJH
0.99% , France Index, EWQ
0.98% , LargeCap VIPERs, VV
0.98% , Consumer Discretionary SPDR, XLY
0.96% , MidCap Value S&P 400 iS, IJJ
0.96% , Financial DJ US, IYF
0.96% , Dividend SPDR, SDY
0.95% , Chile MSCI iS, ECH
0.94% , Growth MidCap Russell, IWP
0.94% , Financial Services DJ, IYG
0.93% , S&P 500 SPDRs LargeCap Blend, SPY
0.92% , Agriculture DB PS, DBA
0.92% , Emerging VIPERs, VWO
0.91% , Financials VIPERs, VFH
0.91% , LargeCap Blend S&P 500 iS, IVV
0.90% , Mexico Index, EWW
0.87% , Financial SPDR, XLF
0.86% , MidCap Russell, IWR
0.85% , Dividend Appreciation Vipers, VIG
0.84% , Value MidCap Russell, IWS
0.84% , LargeCap Blend S&P 100, OEF
0.84% , Networking, IGN
0.83% , DIAMONDS (DJIA), DIA
0.83% , LargeCap Blend Russell 1000 iS, IWB
0.83% , Water Resources, PHO
0.83% , China LargeCap Growth G D H USX PS, PGJ
0.82% , LargeCap Value Russell 1000 iS, IWD
0.81% , Value VIPERs, VTV
0.79% , Emerging Markets MSCI iS, EEM
0.77% , Basic Materials DJ US, IYM
0.77% , Latin Am 40, ILF
0.76% , Energy Global, IXC
0.75% , LargeCap Value S&P 500 iS, IVE
0.72% , Materials SPDR, XLB
0.70% , Silver Trust iS, SLV
0.69% , Value LargeCap Dynamic PS, PWV
0.66% , REIT VIPERs, VNQ
0.66% , REIT Wilshire, RWR
0.65% , Dividend U.S. DJ iS, DVY
0.65% , Global 100, IOO
0.64% , Bond, High Yield Corp iBoxx iS, HYG
0.61% , Netherlands Index, EWN
0.60% , Global LargeCap Blend MSCI iS, ACWI
0.59% , Value EAFE MSCI, EFV
0.59% , South Korea Index, EWY
0.57% , Gold Shares S.T., GLD
0.57% , Dividend High Yield Equity PS, PEY
0.53% , Bond, High-Yield Junk, JNK
0.52% , China 25 iS, FXI
0.52% , Realty Cohen & Steers, ICF
0.51% , European VIPERs, VGK
0.50% , EMU Europe Index, EZU
0.49% , Spain Index, EWP
0.48% , Europe 350 S&P Index, IEV
0.44% , Preferred Stock iS, PFF
0.43% , Frontier Markets Guggenheim , FRN
0.42% , Emerging 50 BLDRS, ADRE
0.42% , Telecom DJ US, IYZ
0.41% , Bond, Emerging Mkt JPM iS, EMB
0.39% , Pacific ex-Japan, EPP
0.39% , Japan Index, EWJ
0.39% , Brazil Index, EWZ
0.39% , Italy Index, EWI
0.38% , Real Estate US DJ iS, IYR
0.38% , Growth EAFE MSCI, EFG
0.38% , Financial Preferred, PGF
0.37% , Consumer Staples SPDR, XLP
0.36% , Global ex U.S. LargeCap Blend, ACWX
0.36% , Germany Index, EWG
0.35% , United Kingdom Index, EWU
0.35% , Hong Kong Index, EWH
0.32% , Canada Index, EWC
0.31% , Pacific VIPERs, VPL
0.31% , Foreign LargeCap EAFE MSCI iS, EFA
0.28% , Dividend ex-U.S. DJ iS, IDV
0.26% , Dividend International, PID
0.21% , Belgium Index, EWK
0.20% , SmallCap Blend EAFE MSCI iS, SCZ
0.16% , Indonesia MV, IDX
0.13% , Bond, Muni S&P ATM-Free iS, MUB
0.04% , Australia Index, EWA
0.01% , Bond, Intermediate US Aggregate iS, AGG
0.00% , Bond Treasury Short-Term iS, SHV
0.00% , Bond, 10 Year Treasury, IEF
0.00% , Bond, Long-Term Corp iBoxx iS, LQD
-0.01% , Bond, 1-3 Year Treasury, SHY
-0.03% , Metals & Mining SPDR, XME
-0.03% , Switzerland Index, EWL
-0.05% , Thailand MSCI iS, THD
-0.09% , Utilities VIPERs, VPU
-0.11% , Bond, TIPS U.S. Treasury iS, TIP
-0.12% , Utilities SPDR, XLU
-0.13% , Bond, 20+ Years Treasury, TLT
-0.19% , Malaysia Index, EWM
-0.33% , Bond Ex-US Treas, BWX
-0.67% , Sweden Index, EWD
-0.89% , Bear, Short S&P 500, SH
-1.35% , Austria Index, EWO
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
The S&P 500 Composite Potential Resistance
1598.60, intraday high of 6/2/2013
The S&P 500 Composite Potential Support
1555.72, 50-day SMA
1536.03, low of 4/18/2013
1485.01, low of 2/26/2013
1474.51, high of 9/14/2012
1463.76, low of 1/15/2013
1462.85, 200-day SMA
1451.64, low on 1/8/13
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
