[isatrader]

Attached is the put/call ratio charts versus the S&P 500, which shows the combined ratio of all Put/Call options ($SPX:$CPC), as well as the separated Put/Call options between the index options ($SPX:$CPI) which are mostly associated with professional traders and the equity options ($SPX:$CPE) which are mostly associated with retail traders.

Note the divergence between the whats' been happening in the index options over the last few months compared to the equity options. As the professional traders have clearly been getting more bearish while the retail traders have continued to buy the equity options. So something to be aware of at least.

[isatrader]

It's been a while since I last looked at the Gold versus the S&P 500 relative strength chart ($SPX:$GOLD) and the Continuous Commodity Index versus the S&P 500 relative strength chart ($SPX:$CCI) when they both broke out into Stage 2A early in the year.

So far this month has started to see a potential swing high on both charts with gold and commodities both outperforming the S&P 500 during August so far. However, one month doesn't make a swing high, but with equities starting to have a pullback it could well be a short term high with commodities and gold coming back into favour. But the overall trend for both is still in early Stage 2A and would take a very large shift to change the longer term trend that favours stocks.

[isatrader]

Attached is the updated Advance Decline Breadth Charts, including the cumulative AD line, momentum index, cumulative AD volume line, 10 Day AD oscillator and the McClellan Oscillator and Summation Index.

[isatrader]

Attached is the New Highs / New Lows charts

[isatrader]

Attached is the updated volatility breadth charts, which saw the short term NYSE percentage of stocks above their 50 day moving averages ratio move back above it's own 50 day MA which I use for the signal line on this measure. And hence it is now negative again in the short term.

[isatrader]

Attached is the exclusive S&P 500 Cumulative P&F Breakouts - Breakdowns charts, which takes the total for the week to 10 breakouts and 28 breakdowns.

So far in August the totals are 49 breakouts and 38 breakdowns, but as you can see on the chart the cumulative line is on the cusp of crossing below it's own 20 day moving average again which I'm using as the signal line.

[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]

It's been a couple of weeks since my last update of the Percent of Stocks Above 150 Day Moving Averages in each major sector, when the market was at it's most oversold state of the year. The last few weeks however have seen some big changes with 8 of the 9 sectors moving to a sell signal in the upper middle range of the chart.

The only sector to buck the overall trend is basic materials which moved to a buy signal on the 9th and continued higher this week.

Below is the data table for the Percent of Stocks Above 150 Day Moving Average in each sector which I've ordered by relative strength, with the highest to the lowest percentage in each sector. Also attached is the visual diagram of the 9 sectors and the NYSE Percentage of Stocks above their 150 day Moving Averages line chart.