No. of Recommendations: 14
As August, September, and now October have been mildly but generally steadily negative, it's not surprising that these signals below are almost all "Bearish", and especially US Small Caps (like the SIPro screen universe). Of note recently, the SMA Slope on the S&P just went neutral, bearish on the Russell 2000, and tpotos old 26w/52w intermediate signal went bearish on smallcaps. The Seasonal Timing indicator went bullish for 2 days 10/16-10/17 on the evaluation day, then flipped to bearish again, a headfake.
There are weak bottom signals appearing in the "so bad it has to get better soon" category, and a few signals are in oversold level.
WEATHERVANE (US MKT) -9 = Get Out/mild bottom
BEARS/TOP BULLS/BOTTOM AS OF
Intermediate-Term
BearCatcher Nasdaq New Highs/New Lows Bear 8/4/23
BearCatcher SMA Slope, S&P 500 10/27/23 Smallcaps bear 10/27
BearCatcher Dying Bullish Euphoria comb. Bull 2/1/23
BC Summary The Key Watch Out
Momentum, Int # 26 week highs 7/14/23
Momentum, Int DMI Bear 9/22/23
Momentum, Int- 10/50 Crossover Bear 9/21/23
Momentum, Int PPO Weekly Bear 9/8
Momentum, Int 26W / 52W Bull 10/27/23 Smallcaps bear 10/27
Breadth, int PAMA Naz 50 Bear 9/8
Breadth, int Naz Bullish % Bear 9/6/23
Breadth, int S&P PAMA 200 Bear 2/24/23
Breadth Thrust Breadth Thrust Watch Last was Jan 23
Correction Mode >7% off last peak Bear 10/20/23 Tech Correction
Timing, Seasonal MACD on RUT Bull 10/16/23 Bearish Headfake
Interest Rates Corporate Bond Index Bear 9/29/23
Short Term Warning 3
Momentum, ST PPO Daily Bear 10/20/23
Breadth, short term SP600 PAMA20 Bear 10/6
Breadth, short term PAMA5D %OFF 21dh Bear 10/27/23
Top, short term PAMA Divergence Highs (no Top signals figiring
Sjuggerud Bear
FC
