Monthly Talk

[JTH]

Bear market warning

The top 4 are all trading below their 12 month moving average. For traders who prefer to make just a few trades a year, check out Bulkowski's (http://thepatternsite.com/12MonthMA.html) take on the 12SMA.

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Although not as sexy, we do have AGG.
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[JTH]

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[JTH]

Bull market warning

The top 4 are all trading above their 12 month moving average. For traders who prefer to make just a few trades a year, check out Bulkowski's (http://thepatternsite.com/12MonthMA.html) take on the 12SMA.

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[tsptalk]

Interesting. Thanks!

[JTH]

Bear Market warning, only the transports closed above its 12SMA for August.

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[JTH]

Based on the Fibonacci levels, the Transports & Small Caps appear the strongest, followed by the NASDAQ, then the S&P 500. The S&P 500 is the only chart trading below the 2007 50% retracement level. It's been over 5 months since the last peak...

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[JTH]

Starting the month out, the top 4 are all trading above the 12SMA which is bullish. However, we can see volume has been declining and each month has been a filp-flop above and below the 12SMA. I'd like to see confirmation this month, if this happens I'd be highly encouraged we'll finish the year with a solid gain.


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[JTH]

For our long-term investors, we still have bullish conditions on the monthly charts. The top 4 are trading above their 1 year moving average, and 3 of the 4 are trading above the 61.8% % Fibonacci retracement level.

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