Markets Macro Technicals Sven Henrich

May Charts Part II

May 28, 2016

Weekly charts: NYSE $DJIA $NDX

DJIA NYSE W NDX W

May 27, 2016

Closing Print: 2025 remains the line in the sand and key support. Markets moved back against key resistance on extremely light volume with multiple unfilled gaps below:

SPX W

Dow Jones Global index updated:

DJW

$SPX versus $TNX, $XRT & earnings yield

SPX XRT TNX yield.

$SPX versus RSP equal weight:

RSP

$VIX:

VIX

May 26, 2016

Anatomy of a rally: 3 overnight gap ups, 3 open ramps and 3 camps:

SPX

This week in $NYAD versus $SPX:

NYAD

$XVG: Value line geometric index. Quarterly versus 5 EMA. Below the 5 EMA any notions of a bull market remain unproven.

$XVG

$BPSPX:

BPSPX

May 25, 2016

Closing Print: 3 unfilled up gaps in a row on $SPX with low volume. We remain in range. Will a break to new highs happen? If it is indeed the dawning of a new bull market the $GS chart has a lot of work to do:

GS

$SPX versus earnings yield:

SPX Earn yield

$NYA composite:

NYA 18.37.56

$BPSPX:

BPSPX

$VIX:

VIX

Divergences: $SPX vs cumulative high/lows, $XRT retail and equal weight $XVG:

SPX XVG XRT USHL

$NYSE:

NYSE W

May 24, 2016

$SPX GAAP P/E back to 24:

SPX GAAP

$SPX vs $INSAX insider buying

SPX INSAX

$BPSPX:

BPSPX

M1 money supply printed another record high:

SPX M

$NYSI: Stochastic max oversold

NYSI p

May 23, 2016

Closing Print: Lowest volume of the year. The 50MA remains resistance. Where are the buyers? Where are the sellers? Don’t know, but bottoms are not made on low volume:

spy

$BKX & $GS:

BKX

GS2

$QQQ versus its 200MA:

QQQ

$ES:

ES

$NYHILO:

NYHILO

May 22, 2016

$COMPQ:

COMPQ

Global chart indices: $NYSE, $DJW, $FAW, $DAX

NYSE FAW DJW

DAX

May 21, 2016

All quiet on the Western Front: The ongoing consolidation that keeps producing the same price results week after week is actually nothing new. I’ve outlined the current conundrum on stream:

Previous examples during periods of declining GAAP earnings highlight structural similarities:

$DJIA:

DJIA M

$RUT:

RUT

May 20, 2016

$XVG: In equal weight there is truth?

XVG

OPEX was a bust in May 2016:

OPEX

Weekend exercise $SPX: What does this chart tell you? Especially if you think about the context in how it came about:

SPX Weekly

$NYSI

NYSI

May 19, 2016

Today $SPX hit the support zone of 2025-2030 I’ve been outlining and bounced off of there:

$SPX closed below 5EMA and 50MA again and buyers over the last 2 months are below buy price. OPEX tomorrow:

SPX D

$VIX:

VIX

$BPSPX:

BPSPX

$ES:

ES

New highs versus new lows – a historic perspective:

New Highs:New lows

Over 52% of $SPX stocks are now below their 50 day moving average:

SPX 50AR

May 18, 2016

Closing Print: Road to nowhere. $SPX closed flat. Interesting considering the dollar index went up 0.7% and the 10 year rose 5.2% and the 2 year jumped 8.8% on the day.

SPX

$VIX:

VIX

Despite the bounce this morning OPEX, so far, is kind of a bust:

OPEX

$BPSPX updated:

BPSPX

68% of $NDX stocks are below their 50 day moving average:

NDX 50

May 17 2016:

Closing Print: New lows for $RUT and $SPX closed below its daily 5 EMA and 50MA.

If you missed I had an opportunity to share some thoughts regarding markets on CNBC today:

$NDX weekly: Potentially key time

NDX weekly

$RUT weekly:

RUT W

$VXO ( the old $VIX):

VXO M

#DAX: That’s with QE & negative rates:

DAX

$SPX vs Ryder bull/bear allocations:

AABB

May 16, 2016

Closing Print: $BPSPX

BPSPX

$OPEX chart updated:

OPEX

$INSAX insider buying versus $SPX:

INSAX SPX

$NYA monthly:

NYA M

M1 money supply:

M1

The material on this website is provided for informational purposes only, as of the date hereof, and is subject to change without notice and does not constitute investment advice.
Home AboutDisclaimerContact
Copyright © 2013-2017 NorthmanTrader
A Subsidiary of Capital Traders Ltd
The materials on this website may not be suitable for all investors and are not intended to be an offer, or the solicitation of any offer, to buy or sell any securities.