Financial Markets Observatory Lab

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about the Current Levels of some Breadth Indicators of NYSE Stock Market.

☒ Aim of the post.
In this post there are 3 breadth indicators of NYSE stock market, in order to compare the current levels vs. previous key bottoms:
Absolute Breadth Indicator [see previous #post];
Stock% above its 200 daily moving average [see previous #post];
McClellan Summation Indicator [#1].

General stocks-benchmarks usefull for this post.
► main U.S. stocks-benchmarks (charts & notes: QQQ; ONEQ; DIA; OEF; SPY);
► global U.S. stocks-benchmarks (charts & notes: EUSA; ITOT; IWB; IWV; IYY; THRK);
► global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
These breadth indicators shows current levels about in-line with the previous key-lows from 1986 until now, with the exclusion of 2008/2009.
There are the conditions for fast buying operations on underlyings.
There are also the conditions for an important impairment of main bull trend of underlyings.

☒ References.

☒ Chart sources.

❖ FreeStockCharts.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about the % of Employees working for an average >50h/week, in some OECD Countries.

☒ Aim of the post.
In this post there is a slides from OECD (original souces on charts) about the % of employees working foa an average of 50h and more per week. See also post #1 for Italian data vs. EuroArea.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
See attached charts.

☒ References.
#1.- Financial Markets Observatory Lab. Grafici e considerazioni riguardanti le Curve di Disoccupazione-Occupazione dell'Italia vs. EuroArea. http://www.researchgate.net/publication/279751275

☒ Chart sources.
❖ OECD.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about the short-term Evolution of some Key ETF on Global Stock Assets [ACWI, VT, IOO] and Emerging Markets.

☒ Aim of the post.
In this post there is the current graphical situation (see previous posts #110, #111) of 3 main global stock ETF, as ACWI, VT, IOO, with some notes also on the MSCI emerging market benchmarks. See the attached charts for benchmarks, sources and formats; moreover see #1, for a statistical view of 2016.
M/10 or Multiple 10mo. average, is a combination of the following curve (yellow-orange lines): sma, ema, fwma, vwma, AL-ma, triangular-ma, Wilders-ma, Envelope-ema.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; VT).

☒ Graphical Elements.
In 4h frame, we can see the current price-levels well below these elements: -) yellow band of M/10 (see the ascending test in IV quarter, with bearish confirmation); -) previous key low levels (green circles); -) ascending line from 2011 bottom.
ACWI ETF shows a well structured ascending rectangle, with a first bearish break (green arrow) and a first obtained I-target; moreover there is also a new bearish break of I-line (2016) with an ''in-progress'' II-target now at 48/49$.
IOO ETF shows a wonder double tops (gray area) with an interesting target (gray-column) at 63$.
EMA 10 weekly shows two bearish crosses vs. 44 weekly one; moreover ema 44 weekly is in full descending test of ema 100, with imminent new bearish cross !!!
The inside candle of Aug.2015 shows a preliminar bearish evolution, with a incomplete breaks of its low level; bearish targets as purple columns (40/41$; 44$; 53/54$), if prices goes below Aug.2015 bottoms. Mid levels of Aug.2015 inside (dark lines) as the switch node bearish vs. bullish.
The MSCI All Country performance > MSCI BRIC in the recent 2015-2016 phase (as in 2006-2012).
The Price/Book of Emerging Market Stocks, shows current evaluations very similar to 1998 crisis !!!
In the ratio-chart we can see the current level of Emerging Market Stock strengths well below the 50% of entire chart-leg 1999-2010, with values near to the base. Its long-term MACD shows a main bearish trend, but with divergence formations in the recent phase 2013-2015 !!!

☒ References.
Salvatore Salvi Vicidomini, 2015 [#1] - Financial Markets Observatory Lab. Notes and charts about the Monthly, Seasonal, President, II term President, Decade Cycles-Patterns, and some empirical rules as 30y, 21y, 12y, 7y, GANN's January Rule, and December Low Rule for US Dow Jones Industrial Average Index. https://www.researchgate.net/publication/289252448

☒ Chart sources.
❖ BigCharts, MSCI, StockCharts.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about the Volatility and Breadth Indicators of WTI Oil and US Stocks of S&P Energy Sector.

☒ Aim of the post.
In this post there is a short up-date of two breadth indicators of S&P Stocks of US Energy Sectors and on two volatility indicators of WTI Oil (see references #1, #2, #3, #4, #5).
The chart format used is on the attached slides.
M/10 or Multiple 10mo. average, is a combination of the following curve (yellow-orange lines): sma, ema, fwma, vwma, AL-ma, triangular-ma, Wilders-ma, Envelope-ema.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
The CBOE volatility indicators shows a preliminar (and monstre) buy-signal, with an interesting cup-structure and target at 92-93$ or 91-92$ (according to volatility benchmark used).
Point & Figure charts (see format) of CBOE USO Volatility Index shows a ''monstre'' target about 50% above the levels of January 2016 (98-99$).
The Cumulative Net Cash Flow inside the Rydex ''Energy'' shows bottom levels (Dec.2015), well below 1998 lows Funds; moreover there is a local divergences between this indicator (Dec. lows) vs. S&P500 Energy Stock Index (Jan. lows).
McClellan Summation for S&P500 Energy Stock Index shows bottom values from 2006, and also in this case there is a local divergences Dec. vs. Jan.

☒ Notes.
WTI Oil is in a new phase of zero-resilience versus new bearish attacks, with possible violent spike of volatility if these indicators are in continuation-bull above the double top-line 2011-2015.
Alert on a possible local bottom formation for S&P500 Energy Index in this first quarter.
See also #6.

☒ References.
Salvatore Salvi Vicidomini, 2015 [#1] - Financial Markets Observatory Lab. Notes and charts about the key levels of the WTI oil, on very long term charts. - ForexFactory thread http://www.researchgate.net/publication/269572385
Salvatore Salvi Vicidomini, 2015 [#2] - Financial Markets Observatory Lab. Notes and charts about the OIL Benchmarks WTI & BRENT: Current Situation of some Indicators, with Annotations on Possible QE Role. - ForexFactory thread http://www.researchgate.net/publication/282002813
Salvatore Salvi Vicidomini, 2015 [#3] - Financial Markets Observatory Lab. Notes and charts about the Net CoT Charts of Gold, US Dollar, Euro, and WTI Oil. - ForexFactory thread https://www.researchgate.net/publication/286199418
Salvatore Salvi Vicidomini, 2015 [#4] - Financial Markets Observatory Lab. Notes and charts about the Ratio & Spread Curve of Gold vs. WTI Oil (spot prices). - ForexFactory thread http://www.forexfactory.com/showthre...30#post8661530
Salvatore Salvi Vicidomini, 2015 [#5] - Financial Markets Observatory Lab. Notes and charts about the Volatility and Breadth Indicators of US Stocks of S&P Energy Sector. - ForexFactory thread http://www.forexfactory.com/showthre...37#post8695937
Salvatore Salvi Vicidomini, 2015 [#6] - Financial Markets Observatory Lab. Notes and charts about the Monthly, Seasonal, President, II term President, Decade Cycles-Patterns, and some empirical rules as 30y, 21y, 12y, 7y, GANN's January Rule, and December Low Rule for US Dow Jones Industrial Average Index. https://www.researchgate.net/publication/289252448

☒ Chart sources.
❖ FreeStockCharts, StockCharts.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about the Long Term Situation of Baltic Dry Index & Harpex Index.

☒ Aim of the post.
In this post there is a chart up-date of two main shipping-rates benchmarks, in order to shows the critical chart structures of these two indexes (see references #1, #2, #3).

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
See the attached slides.

☒ References.

☒ Chart sources.
❖ Harper&Hansen; StockCharts.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about the Stats of Chinese Monkey Year vs. S&P500 performances.

☒ Aim of the post.
In this post there is an interesting slide with stats about the current Chinese Monkey Year and the performances of US S&P500, in mid-long term observations.
For an about complete stat-data on US stock benchmarks, see #1.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
See attached slide.

☒ References.
Salvatore Salvi Vicidomini, 2016 [#1] - Financial Markets Observatory Lab. Notes and charts about the Monthly, Seasonal, President, II term President, Decade Cycles-Patterns, and some empirical rules as 30y, 21y, 12y, 7y, GANN's January Rule, and December Low Rule for US Dow Jones Industrial Average Index. https://www.researchgate.net/publication/289252448

☒ Chart sources.
❖ LPL-Res.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about the Performances of some Key Financial ETF & stocks USA vs. Europe.

☒ Aim of the post.
In this post there is a comparation between some financial ETF & stocks of US area vs. Europe area:
ETF - XLF, IAI, EUFN;
Stocks - Deutsche Bank, BNP Paribas, Credit Agricole, Banco Santander, J.P. Morgan Chase, Banc of America, Well Fargo.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
European elements used shows an important underperformance vs. US elements.
These underperformance accelerates from 2014 about.
Deutsche Bank and Banco Santader shows collapsed values (lows from 2000).
These data are side-effects of QE financial ecosystem (see also: #1, #2) ???

☒ References.
Salvatore SalVi Vicidomini, 2015 - Financial Markets Observatory Lab. Notes and charts about the Market Capitalization of China Stock Exchanges vs. Japan, USA and World, inside the Financial Ecosystem of QE. - ForexFactory thread, post n.88 - https://www.researchgate.net/publication/281176863
Salvatore SalVi Vicidomini, 2015 - Financial Markets Observatory Lab. Notes and charts about the OIL Benchmarks WTI & BRENT: Current Situation of some Indicators, with Annotations on Possible QE Role. - ForexFactory thread, post n.95 - https://www.researchgate.net/publication/282002813

☒ Chart sources.
❖ StockCharts - YHOO-fin.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about the Comparation of Bank Total Assets and Capitalizations of EuroArea vs. US Area, during the QE (Quantitative Easing) Financial Ecosystem (2008-2015).

☒ Aim of the post.
►ENG. In this post there are some new data about the possible influence and side-effects of QE (Quantitative Easing) Financial Ecosystem, from 2008 until 2015.
In some previous posts there are notes and data about the QE effects vs.:
✔ Gold and other metal prices [#2,3,5,7];
✔ Cryptocurrencies (BitCoin) [#4,5,7];
✔ Europe economy [#5];
✔ Inflation & Euro currency [#5,6,7];
✔ Stock market capitalization [#4] (see also #1 for CHF shock).
In this note there are data about the evolution of values of main World Banks from 2008 to 2015 (assets & market capitalizations) according to RelBanks [#n].
►ITA. Note e grafici riguardanti la comparazione assets e capitalizzazione totali delle banche di EuroArea vs. US Area, durante l'Ecosistema Finanziario dei QE (Quantitative Easing: 2008-2015). In questa pubblicazione ci sono alcuni nuovi dati circa la possibile influenza e effetti collaterali dell'Ecosistema Finanziario dei QE (Quantitative Easing), dal 2008 al 2015.
In alcune precedenti pubblicazioni ci sono note e dati relativi agli effetti del QE contro:
✔ Prezzo di oro e altri metalli [#2,3,5,7];
✔ Cryptomonete (BitCoin) [#4,5,7];
✔ Economia europea [#5];
✔ Inflazione & Euro [#5,6,7];
✔ Capitalizzazione dei mercati azionari [#4] (see also #1 for CHF shock).
In questa nota ci sono dati circa l'evoluzione del valore delle principali banche mondiali dal 2008 al 2015 (assets e capitalizzazione di mercato) in accordo con RelBanks [#8].

☒ Data.
►ENG. Data are obtained from table 2 and 3, according to RealBanks site. Table 4 and 5 are for qualitative comparation only.
In table 1 are reviewed the data obtained and used for the comparation EuroArea Banks vs. US Area Banks 2008/2015.
According to ranking positions, EuroArea shows an important decreases from 2008 to 2015, both for assets and for market capitalizations (these data shows hard decreases).
Average rank for EuroArea shows important decreases, but n. of banks in first 20 or 10 positions shows a loss of 50% about of presences.
Total assets and market capitalization (first 20 positions) for EuroArea, shows a very important decreases (45% & 36.5%) from 2008 to 2015.
According to ranking positions, US Area shows a increases from 2008 to 2015, both for assets and for market capitalizations.
Average rank for US Area shows little increases, as also the n. of banks in first 20 or 10 positions.
Total assets (first 20 positions) for US Area, shows a little increases (12.5%) from 2008 to 2015, but market capitalization shows monstre increases (+260%), with giant enlargement of average size (from 74 to 159 US$b).
In the second part of table 1 there are some data about the main bank players of the table 2 (assets) and table 3 (market capitalizations) for EuroArea and US area.
EuroArea banks, as assets, BNP and Credit Agricole shows important decreases, but Deutsche Banks shows critical values. As market capitalization, the situation is a total KO, because 3/5 banks of first 20 in 2008 there aren't in 2015 (Italian Intesa SanPaolo and UniCredit; Spanish BBVA).
US Area banks, as assets, JPMC and BoA shows important increases, but CityGroup no. As market capitalization, the situation shows a monstre increases for WellFargo, JPMC and BoA.
►ITA. I dati sono stati ottenuti dalle tabelle 2 e 3, seguendo il sito di RealBanks. Le tabelle 4 e 5 sono solo per comparazioni qualitative.
In tabella 1 sono riassunti i dati ottenuti ed usati per la comparazione EuroArea Banks vs. US Area Banks 2008/2015.
In accordo con il posizionamento in classifica, EuroArea mostra un importante decremento dal 2008 al 2015, sia per gli assets sia per la capitalizzazione di mercato (questi ultimi dati sono drammaticamente diminuiti).
La posizione media per EuroArea mostra importanti diminuzioni, ma il n. delle banche nei primi 20 o 10 posti mostra una perdita di circa il 50% delle presenze.
Assets totali e capitalizzazione di mercato (prime 20 posizioni) per EuroArea, mostrano una forte diminuzione (45% & 36.5%) dal 2008 al 2015.
In accordo col posizionamento, US Area mostra un incremento dal 2008 al 2015, sia per assets sia per capitalizzazione di mercato.
La posizione media per US Area esibisce piccoli incrementi, come anche il n. di banche nei primi 20 o 10 posti.
Assets totali (prime 20 posizioni) per US Area, esibisce un piccolo incremento (12.5%) dal 2008 al 2015, ma la capitalizzazione di mercato mostra un incremento enorme (+260%), con un aumento gigante della taglia media (da 74 a 159 US$b).
Nella seconda parte della tabella 1 ci sono alcuni dati relativi le principali banche di tabella 2 (assets) e tabella 3 (capitalizzazione di mercato) per EuroArea e US area.
Le banche di EuroArea banks, come assets, BNP e Credit Agricole mostrano importanti decrementi, ma Deutsche Banks esibisce valori addirittura critici. Come capitalizzazione di mercato, la situazione rappresenta un totale KO, in quanto 3/5 banche tra le prime 20 nel 2008 non compaiono nel 2015 (Italiane Intesa SanPaolo e UniCredit; Spagnola BBVA).
Le banche US Area, come assets, JPMC e BoA mostrano importanti incrementi, ma CityGroup no. Come capitalizzazione di mercato, la situazione mostra un incremento enorme per WellFargo, JPMC e BoA.

☒ Notes.
►ENG. Data are very clear about it.
Since 2008, EuroArea banks have suffered a substantial decrease in importance worldwide, both as assets and as market capitalizations.
This phenomenon of course is reflected in the rank positions.
Italian banks were eliminated from the first 20, and Deutsche Bank seems that more in financial erosion.
This European phenomenon is also observed by assessing the evolution of the charts from 2000 to the present [post n. [b] [URL = "http://www.forexfactory.com/showthread.php?p=8753253#post8753253"] 127 [/ URL] [/ B]] of the key bank players.
The financial crisis, that began in the US, has caused and is causing, greater damage to the banking system of EuroArea vs. US Area.
The US banking system has even gained greatly in qualitative and quantitative scale.
The rest of erosion (in assets and market capitalizations) must be attributable to the dimensional unstoppable rise of the Chinese financial sector.
Given the results [#2, #3, #4, #5, #6, #7; see also #1] that accompanied the QE in the US, we must ask ourselves whether such a financial ecosystem of QE has not primed and boosted current difficulties of EuroArea banking system to compete globally with that of UK & US.
These results are unexpected? Unexpected by economists and / or unexpected even by FED / ECB & Co.?
This new financial ecosystem is caused-sponsored by FED & Co.?
►ITA. I dati sono molto chiari a riguardo.
Dal 2008 le banche di EuroArea hanno subito una consistente diminuzione dell'importanza a livello mondiale, sia come assets sia come capitalizzazione di mercato.
Questo fenomeno ovviamente si riflette sulle valutazioni di posizione all'interno delle classifiche.
Le banche italiane sono state eliminate dai primi 20, e Deutsche Bank sembra quella che maggiormente sta subendo l'erosione.
Questo fenomeno europeo lo si osserva anche valutando evoluzione dei grafici dal 2000 ad oggi [ post n.127 ].
La crisi finanziaria partita in USA, ha causato e sta causando danni in misura maggiore al sistema bancario di EuroArea rispetto US Area.
Il sistema bancario USA ha addirittura guadagnato enormemente in chiave qualitativa e quantitativa.
Il resto dell'erosione (in assets e capitalizzazione di mercato) deve essere imputabile alla inarrestabile ascesa dimensionale del settore finanziario cinese.
Visti i risultati [#2, #3, #4, #5, #6, #7; vedi anche #1] che hanno accompagnato il Quantitative Easing negli USA, bisogna chiedersi se tale ecosistema finanziario dei QE non abbia innescato e incrementato le attuali difficolta' del sistema bancario di EuroArea di competere a livello globale con quello di tipo anglosassone.
Questi risultati sono inattesi? Inattesi dagli economisti e/o inattesi anche da FED/ECB & Co.?
Questo nuovo ecosistema finanziario viene causato-promosso da FED & Co.?

☒ References.
Salvatore Salvi Vicidomini, 2015 [#1] - Financial Markets Observatory Lab. Notes and charts about the ForEx BlackSwan of Swiss Franc (CHF), powered by Swiss National Bank in January 15, 2015, based on a qualitative analysis of CoT curves. - ForexFactory thread - http://www.researchgate.net/publication/271137015
Salvatore Salvi Vicidomini, 2015 [#2] - Financial Markets Observatory Lab. Notes and charts about the Ratio & Spread Curves of Precious Metal Commodities vs. Commodity Benchmarks and Industrial Metal Commodities. - ForexFactory thread - http://www.researchgate.net/publication/286190739
Salvatore Salvi Vicidomini, 2015 [#3] - Financial Markets Observatory Lab. Notes and charts about the ratio indicators of Gold (Au) vs. some precious and industrial metals: Platinum (Pt), Silver (Ag), Palladium (Pd), Copper (Cu), Aluminium (Al), Lead (Pb), Zinc (Zn). - ForexFactory thread - https://www.researchgate.net/publication/277889956
Salvatore Salvi Vicidomini, 2015 [#4] - Financial Markets Observatory Lab. Notes and charts about the Market Capitalization of China Stock Exchanges vs. Japan, USA and World, inside the Financial Ecosystem of QE. - ForexFactory thread -https://www.researchgate.net/publication/281176863
Salvatore Salvi Vicidomini, 2015 [#5] - Financial Markets Observatory Lab. Notes and charts about the Qualitative Effects of the ''QE Financial Ecosystem'' on price-curves of US Dollar, Gold, BitCoin, Yuan-Renminbi crosses and Euro. Chance vs. Will. - ForexFactory thread -https://www.researchgate.net/publication/280775743
Salvatore Salvi Vicidomini, 2015 [#6] - Financial Markets Observatory Lab. Notes and charts about the OIL Benchmarks WTI & BRENT: Current Situation of some Indicators, with Annotations on Possible QE Role. - ForexFactory thread -https://www.researchgate.net/publication/282002813
Salvatore Salvi Vicidomini, 2015 [#7] - Financial Markets Observatory Lab. Notes and charts about the qualitative effects of US and Japanese Quantitative Easings on Dollar, Euro, Yen and Gold. - ForexFactory thread -https://www.researchgate.net/publication/271907415
RelBanks site - [#8] -http://www.relbanks.com/

☒ Chart sources.
❖ RelBanks.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

The Event !!! Negative Yield of Japan Governative 10y-Bond.

☒ Aim of the post.
In this post there are some charts of negative yield obtained by Japan 10y Governative Bond, in Feb.2016.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
See attached charts.

☒ References.

☒ Chart sources.
❖ TradingEconomics.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

M&A between Financial & Political Numbers ???

☒ Aim of the post.
Some interesting slides by VisualCapitalist [#1]

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
See attached slides.

☒ References.
[#1].-http://www.visualcapitalist.com/if-presidential-candidates-were-nascar-drivers/

☒ Chart sources.
❖ VisualCapitalist.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about 6 key stock ETF: ACWI & VT (global benchmarks); VTI & IWV (US); EZU & IEV (EuroArea & Europe).

☒ Aim of the post.
In this post there is a short up-date of the mid-term chart evolution of 6 key stock ETF: two global; two US; two Europe (see also post n.123).
Charts are in linear scale, h4 frame, ema-format.
M/10 or Multiple 10mo. average, is a combination of the following curve (yellow-orange lines): sma, ema, fwma, vwma,AL-ma, triangular-ma, Wilders-ma, Envelope-ema..

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
US benchmarks shows an attempt of M/10 to bear-cross 24mo ema (green circles). This phenomenon is well advanced in Global & Europe benchmarks.
See also the spread between the current levels vs. the previous lows of 2015 & 2014.
The current graphical situation is very similar to a recovery inside a bear structure (see price-levels vs. M/10).

☒ References.
Post n.123 - http://www.forexfactory.com/showthread.php?p=8722621#post8722621

☒ Chart sources.
❖ TradingView.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about Euro vs. US Dollar future in very long term.

☒ Aim of the post.
In this post there is a short up-date of the global chart structure of Euro vs. US Dollar future (according to ProRealTime souce).
M/10 or Multiple 10mo. average, is a combination of the following yellow curves: sma, ema, fwma,vwma,AL-ma, triangular-ma, Wilders-ma, Envelope-ema.

☒ Graphical Elements.
See attached chart and #1, #2.

☒ References.
#1.- Salvatore SalVi Vicidomini, 2014 - Financial Markets Observatory Lab. Notes and charts about a work-hypothesis of monetary-Japanisation of Euro currency (Forex: €/US$). - https://www.researchgate.net/publication/269399799
#2.- Salvatore SalVi Vicidomini, 2015 - Financial Markets Observatory Lab. Notes and charts about the Net CoT Charts of Gold, US Dollar, Euro, and WTI Oil. - https://www.researchgate.net/publication/286199418

☒ Chart sources.
❖ ProRealTime.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about 6 key stock ETF. Part II. ACWI & VT (global benchmarks); VTI & IWV (US); EZU & IEV (EuroArea & Europe).

☒ Aim of the post.
In this post there is a short up-date of the mid-term chart evolution of 6 key stock ETF: two global; two US; two Europe (see also post n.123; n.131).
Charts are in linear scale, monthly frame, candles-format.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
US benchmarks shows a price evolution again internal to inside candle of Aug.2015 (but see VTI vs. IWV), with a preliminar ascending test of the mid level of the inside.
Global benchmarks shows a preliminar bearish activation of the Aug.2015 inside (pink zone), with an incomplete ascending test toward the mid level of inside.
The European benchmarks shows a bearish activation of a inverse cup-like structure, with current values in full ascending test of the neck-line !!!
The current graphical situation, is very similar to a recovery inside a mid-term bear structure.

☒ References.
Post n.123 - http://www.forexfactory.com/showthread.php?p=8722621#post8722621
Post n.131 - http://www.forexfactory.com/showthread.php?p=8780266#post8780266

☒ Chart sources.
❖ TradingView.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about some iShare ETF on European MSCI Equity Indexes from the start of Euro Quantitative Easing (QE).

☒ Aim of the post.
In this post there are the performances of some iShare ETF on MSCI Equity Indexes about some key European Contries (see the slide).

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
See the attached slide.

☒ References.

☒ Chart sources.
❖ StockCharts.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about some alternative energy ETF: TAN (solar); FAN (wind); NLR (atomic).

☒ Aim of the post.
In this post there are the evolution of 3 alternative energy ETF: TAN (solar); FAN (wind); NLR (atomic).
M/10 or Multiple 10mo. average, is a combination of the following curve (yellow-orange lines): sma, ema, fwma, vwma, AL-ma, triangular-ma, Wilders-ma, Envelope-ema.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
See the attached slide.

☒ Chart sources.
❖ FreeStockCharts - StockCharts.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about the Seasonal Data of S&P500.

☒ Aim of the post.
In this post there is a seasonal histogram of S&P500 from 1997.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
See the attached slide and compare to previous data about seasonals, cycles, etc. [#1].

☒ References.
#1.- Salvatore SalVi Vicidomini, 2016 - Financial Markets Observatory Lab. Notes and charts about the Monthly, Seasonal, President, II term President, Decade Cycles-Patterns, and some empirical rules as 30y, 21y, 12y, 7y, GANN's January Rule, and December Low Rule for US Dow Jones Industrial Average Index. - https://www.researchgate.net/publication/289252448

☒ Chart sources.
❖ StockCharts.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about the Alerian MLP Stock Index.

☒ Aim of the post.
In this post there is a long term chart of the Alerian MPL stock Index.
M/10 or Multiple 10mo. average, is a combination of the following curve (yellow-orange lines): sma, ema, fwma, vwma, AL-ma, triangular-ma, Wilders-ma, Envelope-ema.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
See the attached slide.

☒ Chart sources.
❖ FreeStockCharts.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about some Libor Indicators for Assessing the Liquidity of Financial Markets.

☒ Aim of the post.
In this post there are some Libor indicators (some are personal) for the assessing the current status of liquidity inside the Financial Market.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
The main graphical elements are as follows.
-) Ted Spread - This indicator (contrarian) shows an interesting continuation-divergence vs. underlyings from 2010. Moreover in 2015 shows the top of chart from mid-2012 !!! The chart structure is in bullish status but it is still in the secure-liquidity area.
-) Spread ''Libor3mo. vs. UST-Bond yield 3mo.'' - The chart structure (contrarian) is very similar to TED spread, except for the monstre spike of 2015.
-) Ratio ''Libor3mo. vs. UST-Bond yield 3mo.'' - The chart structure (contrarian) shows a large divergence pattern among the circled low-zones vs. current levels.
-) Spread ''Libor1mo. vs. UST-Bond yield 1mo.'' - The chart structure (contrarian) shows a divergence pattern between the circled low-zones vs. current levels. Current levels are well below the curve values of 2005-2007 ( = secure liquidity area).
-) Ratio ''Ted spread vs. UST-Bond yield 1mo.'' and Ratio ''CBOE Put/Call vs. UST-Bond yield 1mo.'' - These two personal indicators (contrarian) shows divergernces in action, but curves in secure liquidity area.
-) Ratio ''CBOE Volatility Index (both 3mo. and 1mo.) vs. UST-Bond yield (3mo. and 1mo.)'' - The chart structures (contrarian) shows important divergences between current values vs. 2005-2008 values, but there are not liquidity stress as in the 2008-2012.

☒ Graphical Elements.
These libor indicators (and libor-like indicators), shows some interesting divergences in action, and also high values campared to those of 2015-2014-2013.
At this moment (last decade of March) there are not critical signs of liquidity stress.

☒ References.

☒ Chart sources.
❖ StockCharts.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about 3 key stock ETF: ACWI, VT, IOO (global benchmarks).

☒ Aim of the post.
In this post there is a short up-date of the mid-term chart evolution of 3 key ETF ON global stocks (see also post n.123; n.131; n.133).
Charts are in linear scale, h4 frame, ema-format, with M/10, and Ichimoku Transformed (orange-red line).
M/10 or Multiple 10mo. average, is a combination of the following curve (yellow-orange lines): sma, ema, fwma, vwma, AL-ma, triangular-ma, Wilders-ma, Envelope-ema.

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
These benchmarks shows a complete recovery of M/10, with a full ascending test.
This phenomenon is in tandem with the full test of the descending red rectangle from the top-area of 2015.
Current levels of curves are in test of the low area of 2014.
The current graphical situation shows a complete (and beyond) recovery inside a bear structure.

☒ Chart sources.
❖ TradingView.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣

♈► #Financial #Markets #Observatory #Lab. ◀♈

By ORCID: 0000-0001-5086-7401

Notes and charts about the Lumber future and its Internal Ratio ''Soft'' vs. ''Hard'' as Indicator.

☒ Aim of the post.
In this post there is an up-date of the graphical situation of Lumber future (see previous post n.71).

☒ General stocks-benchmarks usefull for this post.
► Global World stocks-benchmarks (charts & notes: ACWI; DGT; IOO; NYSE W.L.I.; ONEF; VT).

☒ Graphical Elements.
►ITA.
Le principali caratteristiche grafiche sono le seguenti.
-) I minimi chiave di prezzo nel lungo termine hanno arrangiamento crescente.
-) Forte azione direzionale 1970-1993.
-) Minimi e massimi post-1993 hanno arrangiamento discendente (1993-oggi ha le caratteristiche di una giga-bandiera correttiva ???).
-) Una prima grande struttura grafica si individua in un rettangolo rosso discendente, con un livello medio molto interessante marcato con -❖.
-) Una seconda struttura gigantesca si individua in un rettangolo ascendente che parte dall'inizio del grafico; questo rettangolo risulta attraversato nel 1993, con un obiettivo immediato (vedi linea-bersaglio tratteggiata in blu). Anche in tal caso risulta molto interessante il livello medio marcato con -❖. In blu si evidenzia una struttura a tazza associata ad un obiettivo completato (vedi colonna blu).
-) Una III struttura gigantesca si individua nella recente ''tazza'' verde, ora in stato rialzista; molto interessante il rispettivo livello medio marcato con -❖.
-) Un importante livello chiave orizzontale risulta essere il massimo del 1979, esattamente dentro la convergenza dei livelli marcati con -❖(vedi zona viola).
-) Il grafico CoT mostra una grande differenza o spread (natura rialzista ???) tra grandi operatori finanziari (>> 0 posizioni nette) vs. Arbitraggisti commerciali (<< 0 posizioni nette).
-) La curva del legname in rapporto vs. S&P500 mostra una struttura a tazza di inversione sul lungo termine, ai minimi dal 2006 (Lumber>> S&P500 nei prossimi trimestri ???)?.
-) L'indicatore di correlazione sul medio termine, mostra un interessante relazione positiva Lumber vs. S&P500 a partire dal 2008.
-) MACD, TRIX, PPO nel medio termine, confermano il modello grafico rialzista in azione dai minimi del 2009.
-) Sul grafico secolare la tendenza risulta laterale-ribassista (si veda #1 il CPI-Adj. 1900-2009), con un bellissimo doppio minimo, un comportamento discendente a 5 massimi (marcatori gialli), e un bersaglio ribassista completato nel 2009, partito da un grande rettangolo ascendente (giallo).
-) Il rapporto tra i sottosegmenti del legname morbido vs. duro mostrano un comportamento della curva molto interessante perch sul lungo termine risulta divergente rispetto i mercati azionari di riferimento (indicatori sperimentali e personali). Questi rapporti mostrano massimi degli azionari di riferimento proprio durante il periodo 2011/2014, con un tentativo di inversione in corso. Questi rapporti hanno un bersaglio ribassista ancora attivato ed ancora non completato (vedere le linee-bersaglio tratteggiate derivate dai precedenti rettangoli ascendenti).
☒ Note.
Il future sul legname o Lumber mostra alcuni segni/segnali rialzista, sia nel lunghissimo termine che nel medio-lungo termine.
La zona viola col multiplo set-up di linee chiave risulta essere il centro del grafico (vedere il massimo del 1979), ora a quota 270-290 US$ e al di sotto dei prezzi (vedere la barra ascendente gigante di Marzo.2016 in superamento dell'area viola).
I prezzi sopra l'area viola sono molto positivi per il future sul legname, con obiettivi veloci a 360, 400, 425 US$ (attivazione rialzista della coppa verde).
I prezzi al di sotto della zona di viola sono molto negativi per il future sul legname, con obiettivi veloci sui minimi del 2015 e il test dell'area gialla.
Le curve degli indicatori personali basati sui ratio del legname suggeriscono che gli indici azionari non hanno ancora completato l'azione rialzista partita nel 2009.

►ENG.
Some graphical notes are the following.
-) Key long-term price-lows are in ascending-array.
-) Strong directional action in 1970-1993.
-) Main lows and tops post-1993 have descending-array (1993-now is a corrective giga-flag ???).
-) A first gigantic structure is the descending red rectangle with the very interesting mid-level ❖-marked.
-) A second gigantic structure is the ascending rectangle from the chart-start; this rectangle was crossed in 1993 with an instant target (see dotted blue target). See the very interesting mid-level ❖-marked. See the associated blue cup-structure with a completed target (blue column).
-) A III gigantic structure is the large cup (green area) now in bullish-status; see also the very interesting mid-level ❖-marked.
-) A very important horizontal key level is 1979-top, exactly inside the triple mid-levels ❖-marked (see the purple-area).
-) CoT chart shows a very large spread (bullish nature???) between Large Financial Traders (>> 0 net positions) vs. Commercial Hedgers Players (<< 0 net positions).
-) The ratio curve Lumber vs. S&P500 shows a long-term reversal cup at bottom from 2006 (Lmnber >?> S&P500 in the next quarters ???).
-) Correlation indicator in mid-term frame shows an interesting positive relation Lumber vs. S&P500 from 2008.
-) MACD, TRIX, PPO in mid-term frame, confirms the bullish graphical pattern in-action from 2009 lows.
-) In secular frame the trend is side-bearish (see #1 the CPI-adj chart 1900-2009), with a wonder double bottom, a descending 5 tops (yellow markers), and a complete (in 2009) bearish-target from a large ascending (yellow) rectangle.
-) The ratio of soft vs. hard lumber sub-segments have a pattern very interesting because of complete (long-term) divergence vs. underlying financial stocks-benchmarks (these ratio are experimental and personal indicators). These ratio shows tops of stock benchmarks during 2011/2014, with a little reversal in progress. These ratio have again bearish target activated (see the dotted target lines derived from the previous ascending rectangles).
☒ Notes.
Lumber future shows some bullish signs/signals, both in very long-term and in mid-long term frames.
The zone with a key set-up of lines (violet-area) is the center of chart (see top-1979), now at 270-290 US$ and below the prices (see the giant ascending bar of March.2016 in cross of violet area).
Prices above the violet area are very positive for lumber future, with fast targets at 360, 400, 425 US$ (bullish activation of green-cup).
Prices below the violet zone are very negative for lumber future, with fast targets at lows of 2015 and the key yellow-area.
Lumber ratio personal indicators suggests that stock benchmarks have not yet completed the bullish action from 2009.

☒ References.
Post n.71 -http://www.forexfactory.com/showthread.php?p=4310921#post4310921
Salvatore Salvi Vicidomini, 2011 [#1] - Financial Markets Observatory Lab. Some charts about Agricultural Commodity Benchmarks. Lumber spreads. - ForexFactory thread - https://www.researchgate.net/publication/260453007

☒ Chart sources.
❖ IndexMundi; MRCI; StockCharts.

☒ Sorry for my bad English. I hope that this post is at least minimally useful [Contact].
Tuned on main trend, but follows short-medium term signs from underlying prices, for a correct & real-time set-up.
It is very important do not anticipate the main trend of the underlying financial instruments.
☻/♪ ❖ EARTH.pk, Alert 2.O !!! ❖
/▌
/|
I.M.O. by Sa!Vi ►►♥█║▌│││█║℠║▌║▌▌║█❤◀◀
#Ke'SaddhaPha'Pe'Kampa': #BundaBunda EMPIRE ❣!!!❣