WEEKEND UPDATE FEB 5 2023 - SPY AT A CRITICAL JUNCTURE

S&P 500 ( SPY ) - Bull Uptrend
Nasdaq100 ( QQQ )- Bull Uptrend
Russell2000 ( IWM ) - Bull Uptrend
Gold ( GLD ) - Bull Pullback
US 30yr Treasury Bonds ( TLT ) - Bear Rally
US Dollar ( UUP ) - Bear Downtrend
US Real Estate ( IYR ) - Bull Uptrend
Broad European Equities ( VGK ) - Bull Uptrend
India ( INDA ) - Bear Downtrend
Broad Asia Equities ( VPL ) - Bull Uptrend
China A-Shares ( ASHR ) - Bull Pullback
Broad Emerging Markets ( EEM ) - Bull Uptrend
Wheat Futures (ZW) - Bear Downtrend
Corn Futures ( ZC ) - Bear Rally
Soybean Futures (ZS) - Bull Uptrend
Silver ( SLV ) - Bull Pullback
Natural Gas Futures ( NG ) - Bear Downtrend

Volatility Levels

S&P 500 - 18.32 - Investable Market
Nasdaq100 - 25.40 - Choppy Market
Russell2000 - 22.07 - Investable Market

S&P 500 Volatility Structure - In Contango - normal market structure
VIX 9-Day - 17.76
VIX Short Term - 18.13
VIX - 18.32
VIX Long Term - 18.73

Now, here is the list of individual ETFs and individual names are showing strength.

Strongest of our ETF universe

EWG
EWP
SLX
EWQ
EWN
SMH
XHB
SPHB
XRT
CANE
XLK
IWM
QUAL
IYT
TAN

Strongest of our ETF Leveraged/Inverse Funds

NAIL
SOXL
HIBL
RETL
EURL
KORU
EDC
MIDU
TPOR
TQQQ
DRN
TNA
WANT
FAS
SPXL
DUSL
LABU
PILL
TMF

Strongest of our Equities universe

PVH
PHM
URI
LVS
MKTX
TPR
WYNN
ETSY
MELI
PNR
BKNG
TMDX
BLDR
BEN
ODFL
NUE
GE
NFLX
ASML
BWA
RL
ULTA
IPG
STT
LEN
CHWY
MCHP
NVR
NWSA
EFX
DHI
UAL
OMC
NWS
LYB
LRCX
AXP
CDNS
IDXX
ALK
NXPI
SYK
FDX
PCAR
EQIX
SNPS
PH
CDAY
DAL
MAR
SNPS
CMG
CPRT
DFS
MGM
MCSI
DVO
ALB
AMP
MCO
MS
ALLE
AOS
HOLX
RRR
V
ROK
IQV
MAS
ITW
GWW
TEL
SNA
PKG
HST
ADI
JBHT
SPGI
PFG
RF
CHRW
BBIO
PINS
CARR
CDW
EXP
IRM
ADKS
AAPL
FAST
FRT
REGN
VLO
HBAN
ANET
TXN