Monday, September 28, 2015

Gold On Top But Not With A Confirm-able Buy Signal

For the first time since 8/19 the model has gold at the top.  I  prefer a sum count +2 or better for a real buy signal, but being on top ... still not bad.  Energies remain in the basement.


Yahoo
Symbol
Tue 29 Wed 30 Thu 01 Fri 02 Mon 05 Sum
GLD 0.01% 0.00% 0.18% 0.32% 0.74% 1.25%
^NBI 0.13% 0.15% 0.16% 0.35% 0.44% 1.22%
^INSR 0.21% 0.11% 0.07% 0.04% 0.42% 0.85%
^IXCO -0.01% 0.12% 0.03% 0.29% -0.09% 0.34%
^GSPC 0.00% 0.00% -0.05% 0.05% 0.03% 0.02%
^TRAN 0.03% -0.05% -0.06% 0.05% -0.06% -0.08%
^IXIC -0.05% 0.01% -0.07% 0.13% -0.12% -0.10%
^RUT -0.01% -0.09% -0.21% -0.10% -0.11% -0.52%
^IXTC -0.23% -0.14% -0.08% 0.07% -0.28% -0.65%
^INDS -0.12% -0.12% -0.22% -0.07% -0.35% -0.87%
DBO -0.29% -0.26% -0.19% -0.52% -0.41% -1.67%
UNG -0.13% -0.32% -0.55% -1.17% -1.50% -3.66%



Over to the top 10 Leveraged ETFs; 


While not completely contrary to the gold call above, the inverse miners (DUST) is on top.

There are some signs of life for the general market with real estate - DRN, mid caps - MIDU, S&P 200 (UPRO) .. showing up at the top but their inter-day #s are too low.

The best sum number for this group is +10 or better. So, again,  nothing really confirm-able.


Symbol Tue 29 Wed 30 Thu 01 Fri 02 Mon 05 Sum
DUST 0.41% 1.53% 2.54% 3.32% 1.62% 9.42%
svxy* 1.19% 0.38% 0.63% 0.87% 3.89% 6.95%
drn* 0.33% 0.36% 0.24% 1.72% 3.46% 6.10%
MIDU 0.45% 0.70% 0.86% 1.14% 2.17% 5.32%
DTO 0.76% 0.75% 1.01% 1.64% 0.94% 5.08%
EDC 0.30% 0.46% 0.71% 1.12% 2.48% 5.07%
UPRO 0.38% 0.57% 0.62% 1.15% 2.18% 4.90%
RUSS -0.34% 1.44% 2.08% 2.14% -0.51% 4.82%
INDL 0.37% 0.56% 0.48% 1.19% 2.10% 4.69%
MATL 0.35% -0.31% -0.09% 0.74% 3.13% 3.83%

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