The commodity index is tracking along in excess of 80% annualized.
SPDR S&P Oil and Gas Exploration & Production ETF (XOP) is trading, over a 200 day moving average, approximately 38% above The S&P 500 Index (SPX). And The XOP is trading well in excess of a 100% annualized rate of growth, over a 200 day moving average. Comments welcome. Need the charts?
the Bullish semiconductor index ETF
The US Stock Market is Bullish.
S&P 500 Index and NADAQ 100 Index S&P 500 Index above long term Trend filter : Buy Signal – Bullish S&P 500 Index above 50-day and 200-day Trend filters: Buy Signal – Bullish NASDAQ 100 Index above long term Trend filter : Buy Signal – Bullish NASDAQ 100 Index above 50-day and 200-day Trend filters:Continue reading “Us Stock markets end of week update”
Using a relative strength indicator over a 200 day average, the Emerging Markets ETF (EEM) $EEM is outperforming The S&P 500 Index ETF (SPY) $SPY by 10%. The crossover from below to above trend was on October 19th and a channel breakout on November 4th. Comments welcome. Stockchart below:
stock market momentum is weakening
The S&P 500 Index makes a new all time closing high.
a cycle inversion may be in progress
the stock market weakening