5/25 Morningline: Other Indicators

Among the other indicators I follow, it's like going to a beach party when you're high school. You know the class drunk will get drunk. You know the class clown will pull a stunt. You know the shy kid will hang back. You know the jocks will do dumb jock things.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
JNK $36.92
GLD $117.23
USO $31.29
EEM $35.66
EUR/USD $1.2245
USD/JPY ¥89.68

At 10:23 a.m. Eastern

The gang of indicators are all behaving as expected in today's rather gloomy beach party on Wall Street. The price of almost everything is down -- high-yield corporate debt, emerging markets, oil, and euro against the dollar -- and the price of gold is up (barely).

Also, the dollar is down against the Japanese yen, which appears to be a perfectly contrarian indicator when it comes to the strength of the U.S. currency in Europe.

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Indicator 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


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.

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