8/23 Morningline

• S&P 500, Nasdaq 100 move to bull phase on the fast stochastic (SPY, QQQQ).
• Treasury long-term bonds enter bear phase on the fast stochastic (TLT).
• High-yield corporate debt turns bullish on the parabolic sar (JNK).

Stocks and Rates

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

The parabolic sar bull signal on JNK follows Friday's move to bull phase on Person's Proprietary Signal.

Below, oil and gold, and global indicators.

Oil and Gold

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

Although GLD has dipped below the 80-line on the fast stochastic, the indicator is tracking sideways and could easily slip above the line, negating the signal.
Global

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

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.