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Thats a cool information chart, have not seen that before
ALL STOCKS SORTED BY CCI 10
Symbol Close CCI(10)
XLU 54.065 108.547
AAPL 160.62 91.482
EXEL 27.41 74.558
XLK 57.875 57.627
CHGG 14.99 53.333
XLI 68.76 49.32
$INDU 22037 38.803
BAC 24.71 27.574
GTLS 34.48 8.801
MU 28.81 -3.911
XLF 25.223 -6.573
QQQ 144.12 -25.752
AMAT 44.01 -28.747
XLP 55.284 -32.949
WRD 12.46 -35.246
TQQQ 111.778 -37.17
UCTT 22.222 -41.354
SPY 247.12 -88.108
MNKD 1.16 -93.73
APRN 5.92 -93.972
XLE 64.96 -95.377
$RUT 1401 -113.285
SPXL 36.23 -116.638
$SPX 2472.54 -120.973
TNA 54.212 -122.308
IJR 69.62 -125.488
GOOG 925.074 -127.591
XLRE 32.46 -147.657
XLV 79.37 -148.756
XLY 90.77 -195.251
SCAN 2 SELLS
Symbol Close CCI 10
XLF 25.355 87.783
CHGG 15.125 72.809
ART HILL SAYS 240 = BEARISH 7/28/17
Last correction was NOV 2016
over bought cci 14
wed =54
thur =48
fri = 22
--------------------------------------
over sold cci 14
wed =1
thur =4
fri = 6
STOCKS MAY BE OVERDUE FOR A 5% PULLBACK ... The ziz-zag lines in Chart 2 mark pullbacks of 5% or more in the S&P 500 since the bull market started in spring 2009. Pullbacks of at least 5% occurred in each of those years (using closing prices). Except for the past year. That's the period in the gray circle at the upper right of the chart. If you compare the length of that last upleg to prior years, you'll see that it's length seems unusual. And it is.
I haven't confirmed it, but I read somewhere that this may be only the third time since the 1960s that the SPX has gone more than a year without a 5% pullback.
The up arrow at the start of 2016 marked the end of a 15% correction that started the previous spring. The second arrow marks the end of a 5% pullback following the Brexit vote that June. It's been an uninterrupted rise since then. All of which suggests that the SPX is due for a 5% pullback. If one is going to occur, the seasonal bars in Chart 1 suggest the most likely period would be during the August/September period. BY JOHN MURPHY
Using an EMA Ribbon to Define the Trend BY ART HILL
There are numerous ways to determine the trend with the humble moving average providing the simplest means. The length of the moving average depends on the trend you wish to capture. The chart below shows Mastercard (MA) with four EMAs that become progressively longer (20, 40, 80 and 160 days). This moving average ribbon provides a great example of a strong uptrend from August 2016 until now. Notice that the shorter EMA has been above the next longer EMA since August (20-day above 40-day, 40-day above 80-day etc...).
5/25 ART HILL
Test 3 buys when the 5-day EMA crosses above the 50-day EMA
and sells when the 50-day EMA crosses below the 200-day EMA.
This wider sell signal improved the returns and Win% significantly, but this system had the fewest trades of all (341 or 1.4 per month).
Backtest Results for Seasonality Plus Timing
The table below shows the results for seasonality and timing. The golden cross with seasonality worked a little better than the golden cross without seasonality (first table). Seasonality combined with the 125-day EMA cross returned almost 10% per year over the last twenty years. There were two big drawdowns during this period (-23.08% in 2002 and -18.76% in 2008). The five largest drawdowns averaged 16.3%, which is not too bad for a 9.8% Compound Annual Return and a 14.16% Risk-adjusted Return.
Conclusions
There is clearly something to be said for the worst four-month period, which includes the dog days of summer and September. The S&P 500 SPDR is up some 15% from its November low and still in bull mode with the worst four month period right around the corner. Even so, the trend is clearly up and the trend holds more sway than seasonality. Chartist can watch two things as June nears. First, a break below the April low (support) would be negative. Second, a close below the 125-day EMA during June would suggest that a correction is underway and the fish are biting. In other words, that might be the signal that it is a good time to go fishing!
A Year of Frustration for IJR
The next chart shows the S&P SmallCap iShares (IJR) with the Bollinger Bands and BandWidth. Notice that I chose 4 as the level for low BandWidth and the indicator has been hovering around this level the entire year. This reflects the fact that IJR has gone nowhere in 2017. It looked like a breakout was underway in mid February when the ETF closed above the upper band and broke channel resistance, but this failed to hold as IJR fell back to the 67 area. Another channel is taking shape with resistance marked around 69.
For this coming week 4/17/17 to 4/21/17
BY ART HILL
And finally, RSI(10) is nearing oversold and this usually means I should be on alert for a bounce or bullish reversal.
Instead of an alert, I am calling an audible here and ignoring short-term oversold conditions because I think the market is currently correcting and that correction has yet to end.
Only 22% of the SP 1500 have 50 ema below 200 ema .
That is a bull market. IMHO