A Rare Pattern in S&P 500

The last time this rare pattern occurred, a 7% correction followed after a failed breakout to the upside. A 51-day sideways consolidation is a rare pattern with just a few occurrences in this index in the last 65 years.

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The Death of the Golden Cross

As robots dominate the markets and become major participants, the success rate of many traditional technical signals is destined to decrease. Although in some cases fading of classical technical analysis patterns may be intentional, in most cases their failures can be attributed to this new market order.

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How Some Signal Providers Overstate Performance

In most cases it is not fraud but a result of incompetence. However, it is a fact that some signal providers do overstate performance with unrealistic calculations while others do not report it at all.

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Market Analysis for Week of Monday, April 20, 2015 [Premium Article]

This premium report includes technical and quantitative analysis for the following markets:

  • Indexes: S&P 500, NASDAQ-100, Russell 2000
  • ETFs: SPY, QQQ, DIA, IWM, GLD, SLV, TLT, USO, DBC, XLF, EEM, XLE, EFA, EWJ, XLP XLV, XRT, XLU, XLK, XLB, XLI, UNG, IBB, IYR, SMH, TAN, GDX, XHB, XME
  • Stocks: All Dow-30 components

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Four Highly Overbought ETFs and a Golden Cross [Premium Article]

These four ETFs are highly overbought and in one of them a golden cross has just occurred. Overbought conditions are determined by taking the average of three relative strength indicators, Wilder’s RSI, Cutler’s RSI and GFI, as shown on the charts.

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New All-Time Highs in S&P 500 High Beta and Equal Weight ETFs

While low volatility large caps are struggling to maintain positive performance for the year, high beta stocks are rallying to new highs. The S&P 500 high beta and equal weight ETFs just made new-all time closing highs.

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