Market Indicators at the turn of the year

A summary of my personal dashboard of market conditions, using the simple indicators pulled from MI posts, Stockcharts and other sources.

As of the last couple of weeks pre-Christmas market action, the weathervane at -12 swung decidedly back to full bearish warning consensus. These conditions also indicate increased possibility for a near term bottom/bounce.

All 3 bearcatchers remain bearish, and every other non-expired indicator except the seasonal timing and the corporate bond index trend is bearish.

If anyone is interested in the individual signals and last switch dates of the signals, reply and I’ll post it.

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Yes, please post individual signals and last switch dates of the signal

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RUT NASDAQ S&P EEM EFA CHG LAST CHECK Trend? RUT NAZ S&P/Comp. EEM
BEARCATCHERS
BearCatcher NH-NL (EMA9) $NAHL - -246 - - - 8/26/22 12/30 flat Bearish
BearCatcher SMASlope SMA -1 -1 -1 -1 -1 4/29/22 12/2 bottoming Bearish Bearish Bearish Bearish
BearCatcher 99Day/DBE DBE 100 100 100 100 13 5/24/22 12/31 Bearish Bearish Bearish Bearish
MIDTERM iwm $compq $SPX $msemf $mseafe
Trend Strength DMI Stockcharts -2 -13 -7 0.5 18 11/26/21 12/30 down Neutral Bearish Bearish Bullish
ADX (Trend) ADX>20 trending 17 29 22 25 25 8/28 12/30 weakening weak strong strong strong
IWM $compq Weekly $msemf $mseafe Up! 6/10
Trend Strength, IT MACD (weekly) - -0.6 -46 -11 17 19 12/23 12/30 down/EU flat Bearish Bearish Bearish Bullish
Breadth, midterm PAMA 50 Stockcharts - 33 49 - - 12/6 12/30 down Bearish Neutral
Breadth, midterm PAMA 200 (Barchart) - - 48.6 - - 8/6/21 12/2 mild up Bearish
Breadth, midterm Naz/S&p Bullish % $BPCOMPQ - 32 42 - - 10/28/22 12/2 up Bearish Bearish
Momentum, midterm 26W above 52W - Bearish Bearish Bearish Bearish Bullish 12/15/22 12/30/22 Bearish Bearish Bearish
Timing 10/50 EMA Cross 1M - -20 -15 -22 - - 12/13/22 12/30/22 Bearish Bearish Bearish
Correction Correction (% off last peak) - 5 5 5 - - 1/14/22 1/1/23 up Bearish Bearish Bearish In Correction if >7% off peak
Leverage, Macro Margin Debt to GDP Gurufocus / Finra 2.5 Yardeni <1% S&P - - 9/1/22 11/18/22 down (good) Bullish
SHORT TERM / TOPS
Optimal trade time Avoid buy 2nd wk mth - - - - - - - - OK
Trend Strength, ST MACD (daily) Stockcharts -1 -50 -12 - - 12/9/22 12/30 mild down Neutral Bearish Bearish
Breadth, short term PAMA5D %OFF 21dh >19 bearish 49 - - 12/9/2022 12/9 Bearish
Top warning PAA Count - - - - 1/26/22 Auto Neutral
Top warning Recent Simple Top (10d) - 0 0 0 0 11/19/21 Auto
# 26week Highs last 10d - 0 0 1/4/22 Auto Neutral Neutral
PAMA Divergence at Highs - 0 0 0 - - 12/10/21 Auto 0 Neutral
Primary-Tech Divergence - - - - 7/10/20
Breadth, short term SPSC Above 20DMA !GT20SML - - 34 - - 12/9/22 12/30/22 Bearish
Interest Rates Dow Corp Bond index (14wk MA) $DJCB - - 1.05 1 11/25/22 12/16/22 Bullish
Seasonal Timing NSB-D - MACD on the Russell Bullish - - - - 10/17/22 10/19/22 Bullish
Trigger Security Most Recent High Date - #N/A #N/A
Breadth, midterm Breadth Thrust (rare) - 8/19/21 1/1/23 Off
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