The New CS Board

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The Friday (9/30/22) rundown of indicators improved, but remained bearish (19-bear and 8-bull).
BEAR SIGNS
-The 10-dMA percentage of issues advancing on the NYSE (Breadth) is below 50%.
-The 50-dMA percentage of issues advancing on the NYSE (Breadth) is below 50.
-The 100-dMA percentage of issues advancing on the NYSE (Breadth) is below 50%
-The 50-dMA percentage of issues advancing on the NYSE (Breadth) has been below 50%, for 3 days in a row below 50% for my “correction-now” signal. – It hardly matters now.
-McClellan Oscillator is negative.
-Slope of the 40-dMA of New-highs is falling.
-There was a Follow-thru day 28 Sept and it cancels the 13 Distribution Days over the last 5 weeks.
-23 Sept was a bearish, >90%-down-volume day. 28 Sept did not meet the tests for a 90% high volume up-day.
-MACD of the percentage of issues advancing on the NYSE (breadth) made a bearish crossover 30 Aug.
-MACD of S&P 500 price made a bearish crossover 22 Aug.
-21 Sep was a Bearish Outside Reversal Day.
-Smoothed Buying Pressure minus Selling Pressure is falling.
-The 5-10-20 Timer System is SELL; the 5-dEMA and 10-dEMA are both below the 20-dEMA. (The 5-day is below the 10-day so short-term momentum is bearish too.)
-VIX is rising quickly.
-Long-term new-high/new-low data.
-Short-term new-high/new-low data.
-The graph of the 100-day Count (the 100-day sum of up-days) is falling.
-Cyclical Industrials (XLI-ETF) are under-performing the S&P 500 so I’ll call it bearish.
- Only 23% of the 15-ETFs that I track have been up over the last 10-days.
No trading positions. I'm currently 35% invested in stocks.