Daily ETF 2013 – 03 – 26

Bullish weakness: Longer-term daily  bullish experienced a temporary weakness

Bearish strength: Longer-term daily bearish experienced a temporary rally

iShares DVY bearish strength

DVY iShares Bearish strength

 

iShares IVV bearish strength

IVV beairsh strength

 

iShares IYR  bearish strength

IYR bearish strength

 

VGK bearish strength

 

Daily Equity Indices 2013 – 03 – 26

Bullish weakness: Longer-term daily  bullish experienced a temporary weakness

Bearish strength: Longer-term daily bearish experienced a temporary rally

Bloomberg US REIT index bearish strength

Bloomberg US REIT index bearish strength

BELEX15 Bullish weakness

BELEX15 Bullish Strength

LUXX Bullish weakness

LUXXX Bullish weakness

Daily Equity Indices 2015 – 03 – 25

  • Bullish Weakness: general trend remains bullish. Temporary weakness is over, now the uptrend resumes. Low Volatility Channel is 1 ATR below the swing low.
  • Bearish strength: general trend remains bearish. Temporary rally is over, now the downtrend resumes. High Volatility Channel is 1 ATR above swing high

Bear markets start in highly volatile sideways markets: bulls fight bears. They end in low volatile sideways markets: indifference

We do not advise anyone to buy or sell anything. It would be wise however to reduce concentration on the long side.

Dow Jones Transportation Index: bearish strength

Dow Jones Transport Index bearish strength

 

SET bearish strength

Thailand SET bearish strength

Lima IGBVL beairsh strength

IGBVL bearish strength

Colombia COLCAP bearish strength

COLCAP bearish strength

MONEX20 bullish weakness

Montenegro Bullish weakness

 

 

Daily ETF 2015 – 03 – 24

5 simple steps to build, understand and use charts

  1. Trend definition: A bullish trend is a succession of Higher Highs and Higher Lows. A bearish trend is a succession of Lower Lows and Lower Highs.
  2. Paint and annotate price bars: This is a simple intuitive visual aid. Olive for bullish, Tomato for bearish. Swing Highs are in green, swing lows are in red
  3. Draw Volatility Channels: Volatility channels are the dotted lines with annotations. They are only featured and colored in the direction of the dominant trend: Olive for bullish, Tomato for bearish. They are calculated as: Bullish Volatility Channel = Swing Low – 1 * Average True Range of 14 days (ATR[14])
  4. Annotate the Distance from Volatility Channel: This is the distance from the Volatility Channel to the Bar when swing is identified. Think of it as a simple position sizing algorithm: what size should be traded to risk 1% of the portfolio ?
  5. Bullish weakness and Bearish strength: are short term counter-trend signals. Weakness is over, bullish trend resumes. Strength is over, bearish trend resumes.

 

JNK SPDR High Yield Bullish Weakness

HYG iShares High Yield Bullish weakness

 

Weekly Equity Indices 2015 – 03 – 16 to 20

5 simple steps to build, understand and use charts

  1. Trend definition: A bullish trend is a succession of Higher Highs and Higher Lows. A bearish trend is a succession of Lower Lows and Lower Highs.
  2. Paint and annotate price bars: This is a simple intuitive visual aid. Olive for bullish, Tomato for bearish. Swing Highs are in green, swing lows are in red
  3. Draw Volatility Channels: Volatility channels are the dotted lines with annotations. They are only featured and colored in the direction of the dominant trend: Olive for bullish, Tomato for bearish. They are calculated as: Bullish Volatility Channel = Swing Low – 1 * Average True Range of 14 days (ATR[14])
  4. Annotate the Distance from Volatility Channel: This is the distance from the Volatility Channel to the Bar when swing is identified. Think of it as a simple position sizing algorithm: what size should be traded to riske 1% of the portfolio ?
  5. Bullish weakness and Bearish strength: are short term counter-trend signals. Weakness is over, bullish trend resumes. Strength is over, bearish trend resumes.

Bullish Weakness Weekly

Shanghai Composite bullish weakness

Bearish strength weekly SEMDEX

 

Bearish strength SASEIDX

 

Bearish strength weekly Kuwait Index

 

Bearish strength weekly FTSEM

Abu Dhabi Index bearish strength weekly

Daily FX 2015 – 03 – 23

USDCHF bearish strength daily

USDCHF bearish strength daily

 

 

NOKSEK bullish weakness daily

Daily Equity Indices 2015 – 03 – 23

Straits Times Index Bullish Weakness Daily

Singapore Straits Times Index (STI) Bullish Weakness Daily

Vienna Stock Exchange Bullish Weakness Daily

ATX Bullish Weakness

FTSE Africa Top40 Bullish Weakness Daily