Using rate of change of certain stocks against leveraged ETFs we see the following:
Daily
Daily
DJIA: still in down trend.
Energy: mixed signals but a buy may work
Financials: no change to the down trend.
QQQ: no change to the up trend.
S&P 500: buying opportunity may be present.
Semiconductors: sell.
Small Cap: buy.
Technology: little change to the up trend.
Energy: mixed signals but a buy may work
Financials: no change to the down trend.
QQQ: no change to the up trend.
S&P 500: buying opportunity may be present.
Semiconductors: sell.
Small Cap: buy.
Technology: little change to the up trend.
Weekly
DJIA: sell *
Energy: sell.
Financials: sell.
QQQ: sell.
S&P 500: sell.
Semiconductors: sell.
Small Cap: little change but selling pressure will occur.
Technology: sell.
*-the run using DJIA #s showed a very strong sell indicator.
Monthly
Basic Materials: no change to up trend.
DJIA: sell.
Energy: no change to up trend, some selling pressure.
Financials: no change to up trend.
QQQ: no change to up trend.
S&P 500: sell.
Semiconductors: sell.
Small Cap: no change to up trend, some selling pressure.
Technology: no change to up trend with selling pressure.
Energy: sell.
Financials: sell.
QQQ: sell.
S&P 500: sell.
Semiconductors: sell.
Small Cap: little change but selling pressure will occur.
Technology: sell.
*-the run using DJIA #s showed a very strong sell indicator.
Monthly
Basic Materials: no change to up trend.
DJIA: sell.
Energy: no change to up trend, some selling pressure.
Financials: no change to up trend.
QQQ: no change to up trend.
S&P 500: sell.
Semiconductors: sell.
Small Cap: no change to up trend, some selling pressure.
Technology: no change to up trend with selling pressure.
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