Stock Indexes

What are good stock indexes for charting American & European stocks? SP500?

American:

S&P 500
Dow Jones Industrial Average (longest-standing)
Any of the Russel 3000, 5000 and whatnot.

For Europe there's the:
DAX - German
CAC40 - French
FTSE100 - UK

use the S@P 500 instead of the dow 30, as the history of the dow has changed so drastically that it is almost irrelevant. There Dow changes companies much more a percentage then the S@P, and also 500 companies is much more broad then just 30.

HI ALL. Some notes about Equity Indexes [bad English, sorry http://cdn.forexfactory.com/images/icons/icon9.gif ]

Financial Markets Observatory Lab.

Nd/Composite shows a bullish corrective trend (A/B/C) ???
If C = 1.5/1.618 x A, target will be 3800/4000 $ about ???

Nd/Composite shows a giant bullish H&S (shoulders in yellow diamonds) ???
If H&S will be confirmed, target will be 3800 $ about ???

Tuned on long-term patterns but follows short-medium term trends.
It is very important do not anticipate the main trend of the underlying financial instruments.

Charts in TEMA/DEMA-format with lines on daily exp.mov.aver./5.
http://i51.tinypic.com/2lbgikn.jpg

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HI ALL. Some notes about Equity Indexes [bad English, sorry http://cdn.forexfactory.com/images/icons/icon9.gif ]

Financial Markets Observatory Lab.

Ny/Composite shows a bullish parallel lines (green) with a first target at 9000 $ ???
The 7000-area (6950/7150) is the main structural pivot.

Tuned on long-term patterns but follows short-medium term trends.
It is very important do not anticipate the main trend of the underlying financial instruments.

Charts in TEMA/DEMA-format with lines on daily exp.mov.aver./5.
http://i52.tinypic.com/33dd2qd.jpg

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HI ALL. Some notes about Equity Indexes [bad English, sorry http://cdn.forexfactory.com/images/icons/icon9.gif ]

Financial Markets Observatory Lab.

S&P100 shows a bearish ABC pattern 2000/2009 (A=C) ???
If the ABC-pattern has been completed, then the D-level will be the first target; following the 2000-tops will be bull-crossed.
If the ABC-pattern has complex (not completed), then the D-level will be the target for the next big bearish turn (max.-ext.: 720-area) ???

Tuned on long-term patterns but follows short-medium term trends.
It is very important do not anticipate the main trend of the underlying financial instruments.

Charts in TEMA/DEMA-format with lines on daily exp.mov.aver./5.
http://i55.tinypic.com/2zhkwtx.jpg

I.M.O. by $@!Ψ¥

HI ALL. Some notes about Equity Indexes [bad English, sorry http://cdn.forexfactory.com/images/icons/icon9.gif ]

Financial Markets Observatory Lab.

FTSE100 shows a giant lateral 4-legs.
Next target will be n.5 ???
N.5 level will be next bearish turn ???

The giant lateral 4-legs has 3300 GBP-area.
FTSE100 above 7k take off toward 10000/11000 ???

Tuned on long-term patterns but follows short-medium term trends.
It is very important do not anticipate the main trend of the underlying financial instruments.

Charts in TEMA/DEMA-format with lines on daily exp.mov.aver./5.
http://i53.tinypic.com/smrqrt.jpg

I.M.O. by $@!Ψ¥

HI ALL. Some notes about Equity Indexes [bad English, sorry http://cdn.forexfactory.com/images/icons/icon9.gif ]

Financial Markets Observatory Lab.

DAX shows a preliminary (incomplete) giant H&S with price-area 5700 €.
Levels 6100/6260 structural pivot for H&S continuation.

Tuned on long-term patterns but follows short-medium term trends.
It is very important do not anticipate the main trend of the underlying financial instruments.

Charts in TEMA/DEMA-format with lines on daily exp.mov.aver./5.
http://i53.tinypic.com/2iqiplj.jpg

I.M.O. by $@!Ψ¥

HI ALL. Some notes about Financial Indexes [bad English, sorry http://cdn.forexfactory.com/images/icons/icon9.gif ]

Financial Markets Observatory Lab.

In these chart there are some alternative indicators to measure financial market components vs. main equity indexes.
Relative strenght of financial components inside stocks-market is an important analysis tool.
A decrease of both components can still to determine uptrend or down-trend of indicator, since the change of two components may have speeds (or slopes) very different.
A decline of indicator curve indicates a loss of power in the first component vs. second one (main equity indexes), a rise indicates an increase in strength of the first components vs. second one.
This personal indicator is a useful (not quantitative) instrument for the evaluation of the components used on 3 years frame, in relation to the underlying equity markets. It is more useful to look and analyze the general trend of the indicator curve and not pay attention on the price scale.
Fin.-H.I. are in daily exp.mov.aver.-format and with mid-long term RoC oscillators.

Fin.-HI shows a giant descending flag, corrective of previous bull in 2009.
Prices are below, or in full-tests, of previous key-lows; thebearish abandonment of flag may have a sell-impact on stocks-market.
RoC is below 0-line and in short-term bearish-array; see previous crossess below 0-line (red-markers).
The loss of strenght of financial components is in divergence-array with stocks-market; Fin.-HI under flag-structure may become overly stressful for the stocks-market.

Broker Dealers (important leading sector) Fin.-HI shows a flag-slope more bearish than general financial indexes.

Tuned on financial indexes.
It is very important do not anticipate the main trend of the underlying financial instruments.

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HI ALL. Some notes about QQQQ [bad English, sorry ]

Financial Markets Observatory Lab.

Some interesting graphical patterns:
-) candle price of QQQQ out of superior B.Bol; an alert sign;
-) triangle structure (violet descend. and blue ascend. lines) in close at november;
-) descending rectangle (in violet) bull-crossed in the first sept.week and target meets now; an alert sign;
-) bullish H&S (neck-zone in pink) shows a graphical target at 52/53 level;
-) ADX & RWI multi frames shows good bullish trend but with some divergences (red-markers);
-) RoC multi frames shows (4/5) some divergences (red-markers);
-) Ult.Osc. multi frames shows (3/3) some divergences (red-markers).

QQQQ main trend is in hard bullish-array.
In the short term, on QQQQ, the probability of large bullish gain maybe very little vs. a bearish turn in 53/51$-area (in short-term).

Tuned on long-term patterns but follows short-medium term signs for a real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.

I.M.O. by $@!Ψ¥

HI ALL. Some notes about QQQQ [bad English, sorry ]

Financial Markets Observatory Lab.

On the weekly PPV chart we can see some divergences between QQQQ tops vs. oscillator lows.
This pattern maybe an alert sign (but now it is not an operating signal); QQQQ main trend is in bullish-array.

Tuned on long-term patterns but follows short-medium term signs for a real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.

I.M.O. by $@!Ψ¥

HI ALL. Some notes about Sentiment Indicators [bad English, sorry ]

Financial Markets Observatory Lab.

From the first chart we can see the Insider Sell/Buy Indicator for SP500 (tuned on SP500) to show two main tops, in descending-array, 2009/2010 with high selling action by insiders.
Now the indicator is inside quiet-zone and for this reason do not shows stress for U.S. equity.
Tops divergence 2009/2010 is not a good sign for equity (see 2006 vs. 2007).

The second chart is the buy pressure (contrarian to equity) for Dow Jones Ind.Aver. as $, from insiders.
The price-action shows an hard bearish-array (see black-markers) toward 0-line of buying activity.
A bearish-sign for the short-term ???

The Sabrient is an index built on the activities of insiders and shows a 2010 cup-zone in double-tops about.
Its RoC (long term frame) shows bullish-array.
RoC above descending-rectangle will be bullish for Sabrient and for SP500.
Attention to 2010 price-action of Sabrient vs. RoC for possible divergence.

Tuned on sentiment instruments for financial study, but follows short-medium term signs from prices for a real-time and correct set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.

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http://i51.tinypic.com/e13s9.jpg

HI ALL. Some notes about Sentiment Indicators [bad English, sorry ]

Financial Markets Observatory Lab.

The Amer.Ass.Inv.Int. 4w/moving average shows a top inside/above red-area; this is an alert sign for stocks market (see: 2000, 2003 tops inside/above red-area).
Long-term curve-structure has bullish-array.
The simple indicator (not 4w averaged) shows 2010 descending tops, with the III below red-area (bearish-sign ???).
Mid-term curve-structure has bullish-array.

Market Vane Sentiment Indicator shows descending array of recent tops; an alert sign for stocks market.
Long-term curve-structure has bullish-array.

NAAIM Sentiment Indicator shows 2009/2010 3 tops in partial divergence with S&P500; an alert sign for stocks market.
Mid-term curve-structure has bullish-array.

There are some bearish or alert signs for stocks-market from listed sentiment indicators (see also previous posts), but these signs, however, have not yet translated into operating signals.

Tuned on sentiment instruments for financial study, but follows short-medium term signs from prices for a real-time and correct set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.

I.M.O. by $@!Ψ¥

http://img295.imageshack.us/img295/7...salvi0050b.jpg

HI ALL. Some notes about Vanguard ETF Global Stocks-Market [bad English, sorry ]

Financial Markets Observatory Lab.

This short term-post shows some oscillators/indicators on global stocks-market.

Two-frames MACD and PPO shows a lot of bullish signals:
curve above descending-rectangle 2009/2010;
curve above previous 2010-tops;
curves above two structural ascending-lines.
Trend with hard bullish-array according to 2-MACD/PPO.

Tuned on short-medium term signs from prices for a real-time and correct set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.

I.M.O. by $@!Ψ¥

HI ALL. Some notes about Vanguard ETF Global Stocks-Market [bad English, sorry ]

Financial Markets Observatory Lab.

This short term-post shows some oscillators/indicators on global stocks-market.

Two-frames TRIX shows a lot of bullish signals:
curve above descending-rectangle 2009/2010;
curve above previous 2010-tops;
curves above structural ascending-lines.
Trend with hard bullish-array according to 2-TRIX.

Triple-frames ADX-D+/D- shows bullish spread D+ vs. D- but in divergence with 2009-spread.
ADX 2010-lows have ascending or in-line (about) array.
Trend is bullish according to triple-ADX-D+/D- but this indicator searching for divergence with 2009 ???

Tuned on short-medium term signs from prices for a real-time and correct set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.

I.M.O. by $@!Ψ¥

HI ALL. Some notes about Vanguard ETF Global Stocks-Market [bad English, sorry ]

Financial Markets Observatory Lab.

This short term-post shows some oscillators/indicators on global stocks-market.

Two-frames CCI shows hard bullish-array, but some important divergences with ema-format top-prices of underlying ETF.

Tuned on short-medium term signs from prices for a real-time and correct set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.

I.M.O. by $@!Ψ¥

HI ALL. Some notes about Vanguard ETF Global Stocks-Market [bad English, sorry ]

Financial Markets Observatory Lab.

This short term-post shows some oscillators/indicators on global stocks-market.

In the charts some short-term divergences with ETF of global stocks-market (see red-squares).

Tuned on short-medium term signs from prices for a real-time and correct set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.

I.M.O. by $@!Ψ¥

HI ALL. Some notes about Breadth Indicators of Stocks-Market [bad English, sorry ]

Financial Markets Observatory Lab.

Nd% of stocks above sma-50 shows hard bullish-array (on 3y chart) because of two main ascending lows (black-gray line) and break of descending red-rectangle.
The indicator is in short-term bullish-knotting but in divergence on october/november tops.
The indicator is inside 70/80 zone and for this reason, the structural-trend is healthy.
Now there is an important divergence on 2009 vs. 2010 tops of indicator vs. Nd/comp.
The indicator shows a final bullish leg of underlying ???
Main levels to watch are:
70; descending red-line (61/57); 50.

Nd% of stocks above sma-200 shows hard bullish-array (on 3y chart) as previous indicator but the divergence on 2009 vs. 2010 tops of indicator vs. Nd/comp is very large.

Two indicators ""New Hvs.L"" shows hard bullish-array (on 3y chart) as previous indicators and also the divergence on 2009 vs. 2010 tops of indicator vs. Nd/comp.
Main level are the 0/-150 area. The graphical structure of the III chart shows a double-bottom in 2010 with target at 250-level.
Another divergence ???

According to these 4 indicators the main-trend of underlying Nd/comp. is in hard bullish-array, and also in medium-short term the trend is bullish.
Some important divergences calls for better protection of open long positions.

Tuned on breadth-indicators.
It is very important do not anticipate the main trend of the underlying financial instruments.

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HI ALL. Some notes about Breadth Indicators of Stocks-Market [bad English, sorry ]

Financial Markets Observatory Lab.

The Nd ADVvs.DECL issue (curve as ema-transformed for medium-term) shows an hard bullish-array for the underlying but with some dangerous signs for the medium-long term:
descending array of main 3y lows, or hard-ascending for the inverse spread;
bearish divergence october vs. november in the chart I.

Same patter for Nd ADVvs.DECL volume, but more dangerous (see two main descending tops of white-chart and ascending ones of black-chart).

According to these 4 indicators the main-trend of underlying Nd/comp. is in hard bullish-array, but some important signs calls for better protection of open long positions.

Tuned on breadth-indicators.
It is very important do not anticipate the main trend of the underlying financial instruments.

I.M.O. by $@!Ψ¥