XRT Watch

The exchange-traded fund that tracks the retail sector, XRT, has switched to bull phase on the parabolic sar, after three days in bear phase. The bull signal is aligned with a trend stretching back to early February.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
XRT $44.18

The signal was accompanied by a price increase intra-day that traversed 2.6% low to high. The average directional index, at 52, suggests that whipsaws in the bull direction will be rare.

You are here:

• Reversal
• $45.51, +3%
• $44.53, +0.8%
• Now $44.18
• Reversal
• $42.29, -4.3%

The $45.51 level is the highest point ever attained by the stock. Above that, it's blue skies.

---

Technical Analysis Explained : The Successful Investor's Guide to Spotting Investment Trends and Turning Points

Technical analyst Martin Pring reveals the secrets of the craft. No trader should be without this book.

---

This signal will be followed in the daily Watchlist, which is posted beginning around 2:45 p.m. Eastern. Look for it at www.timbovee.com.

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.

New to Private Trader? Check out the Reader's Guide.

New to private trading? Here's a look at How to Become a Private Trader.