23 Jul 2010 Global Relative Strength Update

Note: Will be travel to China for two month (till end Sep). It is known that Blogger is not accessable in China. Will try to break the firewall, or stuffs can not be updated.


Sector ETFs mainly consist of US sectors. Therefore, underperform the Countries ETF.

Countries and Currencies ETF... Short term wise, only US is lagging, almost all other regions are performing well.

SPY 500 Long term is on sideway, while short term is gaining up momentum.


Singapore ^STI is still having upwards momentum. It should test the 3000 point next week.


China SSE Index is starting to gain strength and moving up. Long term wise is considered as side way.

16 Jul 2010 Global Relative Strength Update

Industries ETFs: Since the Industries ETFs are of US companies... and US long term is still on down trend... It is a hard time to trend with high probablity as short term is slightly up while long term is down.... If the short term start to fall rapidly, shorting would be a safer bet.


Countries and Currency ETFs
US is lagging.... And US markets is the heaviest weight among all markets.


SNP500: Long term perspective is still on the down trend...


Singapre Strait Time Index: ^STI
This is one of the strongest country's index. Unfortunately, the capital of the overall market is too small to help in bring up the world.



China SSE Composite index: 000001.SS
Despite the China Government keep affirming that the country is doing good... and housing price continue to climb... The stock market performance is among the weakest at the moment.





9 July 2010 Update - S&P500 & STI

^STI is one of the front runner in leading the global market at the moment.
But, take note that ONLY Blue Chip is doing good, not the small companies.
Also note that the Global market is NOT YET on up turn in long run. So, it can not conclude that how long this will last, as it might be pull down by the Global Market.

Countries & Currencies
Sectors

^STI Leading...

S&P500 is still on down trend for the long run...


Notice

Update would be continue after a major system upgrade... Some time around Jul 10.


Market State Daily/Weekly Update 7 May 10

SPY Weekly

SPY Daily


Weekly ^STI update

Daily ^STI Update

Market State Daily Update 29 Apr 10

SPY in Trading Range

^STI daily Relative Strength is getting weak.

Market State Daily Update 28 Apr 10

SPY Daily is Pulling Back, and Relative Strength weaken.
Stand sideline and do nothing first.

^STI follow global market to have a sudden turn to down trend in short term.

Market State Daily Update 27 Apr 10

SPY and its 9 sector ETFs RS... Healthcare (XLV) is the weakest.
SPY sudden turn to down trend in short term

STI daily chart and its 30 components RS.

Market State Daily Update 26 Apr 10

SPY daily on Up Trend

^STI daily Chart: continue on up trend

Market State Daily/Weekly Update 23 Apr 10

SPY weekly chart on up trend. US Market leading the world.
SPY daily chart on up trend.

^STI weekly chart still going strong.
^STI daily chart does not look too good, likely to retest support.

Market State Daily Update 21 Apr 10

SPY is on up trend while now pull back.

^STI pull back to test support.

Market State Daily Update 20 Apr 10

Global ETF RS

^STI Pull Back & its 30 components RS states.

Market State Daily Update 19 Apr 10

SPY: Pull Back

^STI - Up Trending, currently experience a heavy pull back

Market State Weekly Update Week 15 2010

SPY Weekly, on up trend

^STI Weekly, on healthy up trend.

Market State Daily Update 16 Apr 10

Global ETFs RS: Lots of RED Lights in short Term (Pulling back)

^STI & its 30 components RS

Market State Daily Update 15 Apr 10

US Market ETFs (Countries, Sectors, Currencies, Commodities) RS

^STI and its 30 component RS

Market State Daily Update 14 Apr 10

SPY continue its up trend.

^STI break 3000, decisively on up trend.

Market State Daily Update 13 Apr 10

SPY: Up Trend

^STI: Likely to have an immediate pull back

Market State Daily Update 12 Apr 10

SPY: Up Trend

^STI and its 30 components RS
It show that the small/mid cap is running

Market State Weekly Update Week 14 2010

SPY Weekly: Up Trend

^STI Weekly. Steady Up Trend