andrewunknown

andrewunknown

Cyclical rising trend line off '09 lows broken in January 2015 XLI continues to drift lower after failed throwback attempt to regain trend in February.

andrewunknown

Persistently overbought state (RSI oscillating over 70) now 50% longer than 2005-2007. $XLF

andrewunknown

$XLE 's secondary Bearish Butterfly objective -3% lower at 64.37.

andrewunknown

off October 2014's lows (test) $XLB

andrewunknown

Since futures trading began on the DX following late 1985's Plaza Accord, this trade-weighted USD measure has completed 14-year Bearish Bat (which performed quite well); and may now be in the process of building out another. The construction, ratios and consolidation bottom are all very similar, with the potential Bat's PRZ falling in line with the secular...

andrewunknown

TLT is breaking higher from both it's descending channel off January 2015's high and the Right Angle Ascending Broadening Formation (RAABF) it has been consolidating H12015's slide since early June. This dual trend line breakout occurs after a pivot from the Potential Reversal Zone at 115.50-116 of TLT's 10-month Bullish Bat. On this basis, TLT is poised to...

andrewunknown

Next major rung of support falls at the confluence of horizontal support and the 78.6% retracement of BC. Beneath there, 07/20/15's lows near 1.082 come into view.

andrewunknown

S&P E-mini Futures is building out a broadening pattern at primary trend highs just as it did in 2007, 2010, and 2011. Under the hood, however, individual stock participation is deteriorating as the percentage of S&P component stocks above their respective 20, 50, 100, and 200-Day SMAs (consolidated in the "Composite Participation" metric in the lower panel)...

andrewunknown

Again Structured Resistance at ~$300-$310 $XBI $IBB

andrewunknown

$IBB $XBI

andrewunknown

Following March/April Double Top Continues with Last Week's 2-Year Rising Wedge Breakdown. 2014's YTD Low From February at 1.3475 breached as well, opening path back to 1.30. Note support footholds along the way at 1.33 and 1.31 (dashed blue lines) from September and November 2013 lows.

andrewunknown

Still, Remains a Pause Only 'Til Proven Otherwise. $SOXX $SMH

andrewunknown

$TF_F $RUT $TZA $TNA

andrewunknown

Triggers on Hold <$250.

andrewunknown

$XLU $XLY $XLF $XLE $XLK

andrewunknown

$XBI $VRTX

andrewunknown

But 2.5 Year Relationship Remains Strong. $EWJ $FXY $NKD_F

andrewunknown

It's Axiomatic These Resolve Violently. $FXY $EWJ $NKY $NKD_F