[isatrader]

Attached is the updated S&P 500 Cumulative P&F Breakouts - Breakdowns charts, which takes the total for the week to 16 breakouts and 10 breakdowns.

[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.

[isatrader]

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

Note that basic materials is moving off of the bottom of the table for the first time in a while.

[isatrader]

Attached is the NYSE Bullish Percent Index and the NYSE long, medium and short term moving average breadth charts.



The NYSE Bullish Percent Index

   

NYSE Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages P&F charts

           

NYSE Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages line charts

           

[isatrader]

The medium term NYSE Percentage of Stocks above their 150 day Moving Averages chart has reversed back to a column of of Os, and so moves back to Bear Confirmed status.

[isatrader]

There was negative crossover of the 10 and 30 day cumulative moving averages yesterday which is a negative medium term signal by this measure, and the MACD momentum line also crossed below it's zero line which is another negative signal, so we are starting to see some breakdown in the Advance Decline Breadth measures which are now mostly on a sell signal. You'll also note some large divergences appearing compared to the price action in the momentum index and the detrended cumulative advance decline line, which put in much lower highs on the recent rally in the market. Attached is the updated chart.