[shaunattwood]

What's making me hold back on shorting more heavily is that the NASDAQ and BTK keep whipsawing around the 150 day ma and are now slightly above it. Would love to see them both stay below and then the DOW take a plunge below too. Ditto with going long gold. The XAU is whipsawing around its 150 day ma.

Isa Trader,

Thank you for the chart. What does the Amber color box means in the breadth chart?

On the sectors I colour by the direction of the week as there's only one data point a week, so I can't create the P&F chart which would give the signals. So Amber means neutral direction, and on the NYSE box where the data is daily and hence can be plotted on the P&F chart the colour represents the P&F signal that the broad market is on, so either Buy (green), Sell (red) or Neutral (amber). Sorry if a bit confusing.

[isatrader]

Attached is the exclusive S&P 500 Cumulative P&F Breakouts - Breakdowns charts.

There was 40 breakouts and 28 breakdowns this week in the S&P 500.

           

           

[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 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

           

[pcabc]

Sign of an upcoming bear?

Daily Express, Pension saving set to be boosted by 15 year stocks boom

Lots of discussion of 15 year market cycles, market predicted to make 7000, 7500 & 8000 this year. Interesting also to note a few snippets:

Research by advisers Brewin ­Dolphin shows FTSE 100 investors have a 73 per cent chance of doubling returns within 15 years, and a three per cent chance of negative returns.

Double in 15 years? 4.7% a year. Better than a savings account right now but not stunning.

A recent poll of 400 analysts also found 36 per cent expected the market in 2014 to exceed the all-time highs not seen since the final days of the 1990s, hitting values of 7,000 to 7,500.

64% remained who either declined to answer, thought the market would move sideways or decline. Of course, if we do hit a 15 year bull that is cause to celebrate.

I do note that there are plenty of bearish headlines to this article may be an outlier.

[isatrader]

The Nasdaq Advance Decline Line continues to show a lot of weakness in contrast to the NYSE Advance Decline Line that I normally show each week, and today the Nasdaq Cumulative Advance Decline Line began to test the swing lows that have formed since December in a developing Stage 3 pattern. So watch for a breakdown below the lows for a move into Stage 4.

Also on the chart is the longer term Nasdaq Momentum Index (200 day MA of the Nasdaq Advances minus the Declines), which is rapidly approaching it's zero line.

[Tryst]