| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| SPY $119.28 | ||||||||
| VIX 18.10 | ||||||||
| TLT $90.99 |
The VIX, which measures SPY's volatility, opened 7% above yesterday's close. Person's Proprietary Signal switched into bear phase on SPY in a two-day whipsaw. The macd and stochastic deteriorated sharply.
Treasury long-term bonds (TLT) are trading just above yesterday's high. The exchange-traded fund rose sharply yesterday, setting a higher high and higher low and is trading at the bottom of price congestion (resistance) set in mid-March.
The movements, down for SPY and up for TLT, are continuations of price direction during trading after market close on Wednesday.
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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
mfi - Money Flow Index
sto - Fast Stochastic
Exchange-Traded Fund Symbols:
EEM - emerging markets
EUR/USD - euro/dollar currency pair
GLD - gold
JNK - high-yield corporate bonds
SPY - blue-chip stocks
TLT - Treasury long-term bonds
USD/JPY - dollar/yen currency pair
USO - crude oil
VIX - fear index
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.
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