9/1 Morningline

• S&P 500, Nasdaq 100 show bull phase on Person's Proprietary Signal (pps), parabolic sar, fast stochastic in early trading (SPY).
• Fear index turns bearish on the fast stochastic (VIX).
• Pps gives bear signal for crude oil, fast stochastic turns bullish (USO).
• Emerging markets show pps, parabolic sar bull phase on a gap upward (EEM).

Stocks and Rates

	trend	adx	psar	pps	macd	macd trend	sto	sto zone
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

Oil and Gold

	trend	adx	psar	pps	macd	macd trend	sto	sto zone
USO
GLD

Global

	trend	adx	psar	pps	macd	macd trend	sto	sto zone
EUR/USD
USD/JPY
EEM

EEM gapped up 1.8% from Tuesday's close. The fund invests in so-called emerging countries (when does a country count as having emerged?). China, Brazil, South Korea and Taiwan account for 58% of the fund's holdings. The full factsheet (as a pdf) can be found here.

Indicator Exchange-Traded Fund Symbols:
EEM - emerging markets
EUR/USD - euro/dollar currency pair
GLD - gold
JNK - high-yield corporate bonds
QQQQ - Nasdaq 100 index
SPY - S&P 500 index
TLT - Treasury long-term bonds
USD/JPY - dollar/yen currency pair
USO - crude oil
VIX - fear index


Abbreviations:

• psar - Parabolic Stop and Reverse
• adx - Average Directional Index
• pps - Person's Proprietary Signal.
• ma20 - 20-day moving average
• macd - Moving Average Convergence-Divergence
• sto - Fast Stochastic

About the glance: The colors indicate the state of each signal.

• trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
• adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
• psar, pps, macd: green for bull mode, red for bear
• sto: green for overbought, red for oversold, yellow for the neutral zone.