$BND showing bullish signs

Daily Chart

• Bullish trend since mid-July
• An exit above the cloud will turn the chart more bullish

Weekly Chart

• Price closes slightly above the cloud which is bullish

$ALK is +28% year-to-date and is the only airline with positive performance

$TWTR is bearish

$FB is bullish, but let it find some support before investing

$IWM remains bullish

$VIX bearish doji star pattern may bode well for the market to reverse its downtrend

$BABA gaps down after bearish two crows pattern; traders may now have a potential buying opportunity, for a limited profit

• If you missed shorting it on Friday, don't worry there may be another chance.
• Traders may now have a potential buying opportunity for a quick, but limited profit. Wait for your signal.

$TWTR still doesn't show any upward momentum, but has a support zone around $30-$35

$BABA shows bearish upside gap two crows pattern and may be a short opportunity for a quick, but small profit

$DIA, $SPY, $IWM, $QQQ, $BND year-to-date and 1-year performance

• YTD performance confirms that the market is bullish, but market uncertainty has tempered overall returns

                                  YTD                        1-YEAR
                            Performance              Performance
$DIA                         -0.16%                       +5.22%
$SPY                        +2.14%                       +6.77%
$IWM                      +2.38%                        +7.52%
$QQQ                      +8.10%                      +15.62%    
$BND                      +0.16%                        +2.17%

Year-To-Date Performance




1-Year Performance

$SPY Multi-Timeframe Analysis - still in an uptrend despite bearish signs

Weekly Chart

• Weekly chart remains bullish
• A close below Kijun Sen (red line) would be troublesome
• Watch closely due to bearish engulfing candlestick 

Daily Chart

• Bearish tilt since price closed below the cloud
• Not completely bearish due to other cloud elements
• Chikou Span closing below the cloud can be used as confirmation and it is currently above the cloud
• Initial support around $203-$204 if market breaks down

Hourly Chart

• Bearish trend
• Chikou Span, Tenkan Sen, and Kijun Sen have not fallen below cloud yet which will completely turn the chart bearish

$SPY is bullish as all cloud elements are properly aligned

$DJT to $DJIA ratio is bearish

$DJT continues to weigh on the $DJIA

$HD is trading sideways

• Traded higher on Friday, but has not broken out of $110-$114 trading range
• Tenkan Sen (blue line) needs to start pointing upward for upward momentum
• Future Kumo is bullish, but still flat although Senkou Span A is tilting upward which is promising

$TWTR doesn't have any upside momentum; 93% probability of being below $50 over the next 50 days

• Sentiment: Bearish
• % Below 200-EMA: -16.9%
• % increase needed to reach $50: 43%
• Probability of being below $50 over the next 50-days: 93%

$SPY looks like a pullback in an uptrend, but caution is advised

Weekly Chart

• Sentiment: Bullish
• Kijun Sen is acting like support which is around $204

Daily Chart

• Sentiment: Bearish since price is below Kumo. 
• Current Kumo is bullish while future Kumo is bearish
• Price seems to be finding support in the $204-$205 range
• A breakout above the cloud will confirm that the pullback has reversed

Hourly Chart

• Kumo breakout looming which is bullish
• Future Kumo has turned bullish
• A breakout above the cloud should carry over to daily chart to complete the reversal of the pullback

$SPY approaches support zone

• Short-term trend is bearish
• Intermediate and long-term trends are still bullish
• Monitor market for bounce off support to improve risk/reward ratio
• A close below the support zone will turn intermediate term bearish

$VTI reflects the uncertainty in the market with a slight bearish tilt short-term

$GOLD $SILVER $COPPER $USD $SPX 1-year performance

$BABA has found support around $82 with $86 being initial resistance

$AAPL falls slightly below support, but flat trading seems to be in the cards short-term

$FB may be pausing between $86-$88

$VIX remains above the cloud signaling that investors are nervous about the market

$UNH pulls back in an uptrend

$IWM has support around $123

$SPY is trading below the cloud which is bearish near-term

• A move into the cloud would show some upward momentum
• $SPY needs to move back above the cloud to turn bullish
• A close toward $203 would threaten the 200-day EMA