I was working on Excel charts over the weekend. A year or so ago, I had some pivot charts with long and flat strategy return streams where Long + Flat = CC (Buy and Hold). The charts above are not pivot charts and CO + OC = CC. Important observations include: OC (gray line) outperforming… Continue reading 5/10/21 Natural Log Charts
Tag: VTI
5/7/21 Current Signal xHL
An unusual consecutive xHL signal. That happens when the first signal goes lower to middle cycle and the next one goes middle to upper. There is usually volatility with moves between cycles, but here we don't see any. SPY poking its nose back into the neutral zone yesterday makes the daily structure a little less… Continue reading 5/7/21 Current Signal xHL
39 Month Review
Current action is revolving around how much of the monthly February and January candles will be chewed up in this decline.
Technical Issues
Markets appear to settling into a trading range. Further weakness is probable but not likely to be very alarming.
More Weakness
Current weakness is becoming better defined, the most serious consolidation so far this year.
A Little Weakness
All major indexes produced blue candles today but weakness was contained by the 18 day moving average. Outlook still slightly negative,
No 1 Percent Rate Cut
Worst day since March 21, outlook is neutral but leaning negative.
Market Summary – April 17
Overall Market outlook is neutral, IWM and VTI daily candles changed to white
Market Summary, April 15
Later strength after earlier weakness. Still quite bullish overall, XBI and XLV are weak.
VTI
Close to all time high of 149.43, bullish on weekly and daily, breakout above consolidation on Friday.
Stock Market Analysis 