[isatrader]

Attached is the updated major equity index charts and relative performance table.



US Stock Indexes

               

European Stock Indexes

       

[isatrader]

Attached is the updated major commodities charts, Gold (GC), Copper (HG), West Texas Intermediate Crude (CL) and the Dollar Index (DX).

[isatrader]

Attached is the updated US 10 & 30 Year Treasuries charts, which remain in Stage 4 currently closing near the lows of the week.

[isatrader]

Attached are the updated US Industry Sector Charts and relative performance table.

[isatrader]

The Advance Decline measures that I follow are giving some negative signals intra-day today, with a negative crossover of the 10 and 30 cumulative advance decline line moving averages - which I consider a medium term sell signal (see previous signals on the chart to compare).

The momentum index at the top of the chart - which is the 200 day moving average of the one day Advance minus Decline total is also breaking down, as well as the MACD momentum line at the bottom of the chart breaking below it's zero line.

[isatrader]

The medium term NYSE Percentage of Stocks above their 150 day Moving Averages chart ($NYA150R) broke down yesterday with a triple bottom sell signal on the P&F chart, and so is now on Bear Confirmed status.

[isatrader]

The short term NYSE Percentage of Stocks above their 50 day Moving Averages chart ($NYA50R) made a continuation move lower today with a breakdown below 40%, moving it back to Bear Confirmed status. So currently only 39.72% of stocks in the NYSE are above their 50 day moving average, and so now the short, medium and long term moving average breadth charts are all bearish, and so we need to consider if the US market is moving into Stage 3. Attached are the charts.

[isatrader]

The short term NYSE Percentage of Stocks above their 50 day Moving Averages chart ($NYA50R) made yet another reversal yesterday, highlighting the increased volatility currently. And so moves back to a column of Os and Bear Correction Status