Sector Indexes

Looks like gold stocks is making a move:

USA	Monthly	Weekly	Daily
S&P500	Up	Up	Up
DJI	Up	Up	Up
NasdaqComp	Up	Up	Up
DJ Transport	Up	Up	Up
DJ Utility	Neutral	Up	Up
Russell 2000	Up	Up	Up
AMEX Airline	Up	Up	Up
AMEX Biotech	Up	Up	Up
AMEX Gold Bugs	Up	Up	Up (+)
AMEX Natural Gas	Up	Up	Neutral (-)
AMEX Oil	Neutral	Up	Up
AMEX Security Broker	Up	Up	Up
AMEX Telco	Up	Up	Up
KBW Bank	Neutral	Up	Up
KBW Insurance	Up	Up	Up
PHLX Housing	Up	Up	Up
PHLX Semiconductor	Up	Up	Up
S&P Retail	Up	Up	Up

Sector Indexes

Looks like the continuation of uptrend. Oil and gas, gold and telco looks promising.

USA	Monthly	Weekly	Daily
S&P500	Up	Up	Up
DJI	Up	Up	Up
NasdaqComp	Up	Up	Up
DJ Transport	Up	Up	Up
DJ Utility	Neutral	Up	Up
Russell 2000	Up	Up	Up
AMEX Airline	Up	Up	Up
AMEX Biotech	Up	Up	Up (+)
AMEX Gold Bugs	Up	Up	Neutral
AMEX Natural Gas	Up	Up	Up
AMEX Oil	Neutral (+)	Up	Up (+)
AMEX Security Broker	Up	Up	Up
AMEX Telco	Up	Up	Up
KBW Bank	Neutral	Up	Up
KBW Insurance	Up	Up	Up
PHLX Housing	Up	Up	Up
PHLX Semiconductor	Up	Up	Up (+)
S&P Retail	Up	Up	Up

Sector Indexes

Could be a temporary top. Bigger trend is still up. Immediate trend is correction.

USA	Monthly	Weekly	Daily
S&P500	Up	Up	Up
DJI	Up	Up	Up
NasdaqComp	Up	Up	Up
DJ Transport	Up	Up	Up
DJ Utility	Neutral	Up	Up (+)
Russell 2000	Up	Up	Up
AMEX Airline	Up	Up	Up
AMEX Biotech	Up	Up	Neutral
AMEX Gold Bugs	Up	Up	Neutral (-)
AMEX Natural Gas	Up	Up	Up
AMEX Oil	Down	Up	Neutral
AMEX Security Broker	Up	Up	Up
AMEX Telco	Up	Up	Up
KBW Bank	Neutral	Up	Up
KBW Insurance	Up	Up	Up
PHLX Housing	Up	Up	Up
PHLX Semiconductor	Up	Up	Neutral
S&P Retail	Up	Up	Up

Sector Indexes

How high can the rally go? Major indexes is overbought. Need to correct. When? How much?

USA	Monthly	Weekly	Daily
S&P500	Up	Up	Up
DJI	Up	Up	Up
NasdaqComp	Up	Up	Up
DJ Transport	Up	Up	Up
DJ Utility	Neutral (+)	Up	Neutral (-)
Russell 2000	Up	Up	Up
AMEX Airline	Up	Up	Up
AMEX Biotech	Up	Up	Neutral (-)
AMEX Gold Bugs	Up	Up	Up
AMEX Natural Gas	Up	Up	Up
AMEX Oil	Down	Up	Neutral (-)
AMEX Security Broker	Up	Up	Up
AMEX Telco	Up	Up	Up
KBW Bank	Neutral (+)	Up	Up
KBW Insurance	Up	Up	Up
PHLX Housing	Up	Up	Up
PHLX Semiconductor	Up	Up	Neutral (-)
S&P Retail	Up	Up	Up

Sector Indexes

Everything sector is very bullish now:

USA	Monthly	Weekly	Daily
S&P500	Up (+)	Up	Up
DJI	Up (+)	Up	Up
NasdaqComp	Up	Up	Up
DJ Transport	Up (+)	Up	Up
DJ Utility	Down (-)	Up	Up
Russell 2000	Up (+)	Up	Up
AMEX Airline	Up (+)	Up	Up
AMEX Biotech	Up	Up	Up
AMEX Gold Bugs	Up	Up	Up
AMEX Natural Gas	Up (+)	Up	Up
AMEX Oil	Down	Up (+)	Up
AMEX Security Broker	Up	Up	Up
AMEX Telco	Up	Up	Up
KBW Bank	Down	Up	Up
KBW Insurance	Up (+)	Up	Up
PHLX Housing	Up (+)	Up	Up
PHLX Semiconductor	Up	Up	Up
S&P Retail	Up	Up	Up

Based on daily charts, it is overbought, so I expect some pullback and then go up higher since the weekly chart shows that there is some more to go.

Sector Indexes

I cannot believe that the biotech sector can make this type of move. Simply amazing. Every sector is current going up.

USA	Longterm	Midterm	Shorterm
S&P500	Neutral	Up	Up
DJI	Neutral (+)	Up	Up
NasdaqComp	Up	Up	Up
DJ Transport	Neutral (+)	Up	Up
DJ Utility	Neutral (+)	Up	Up
Russell 2000	Neutral	Up	Up
AMEX Airline	Neutral (+)	Up (+)	Up
AMEX Biotech	Up	Up	Up
AMEX Gold Bugs	Up	Up (+)	Up (+)
AMEX Natural Gas	Neutral	Up (+)	Up (+)
AMEX Oil	Down	Neutral (+)	Up (+)
AMEX Security Broker	Up	Up (+)	Up
AMEX Telco	Up	Up (+)	Up (+)
KBW Bank	Down	Up (+)	Up
KBW Insurance	Neutral	Up (+)	Up (+)
PHLX Housing	Neutral (+)	Up (+)	Up (+)
PHLX Semiconductor	Up	Up	Up
S&P Retail	Up	Up	Up

Sector Indexes

Flip-flop week. Lots of upgrades:

USA	Longterm	Midterm	Shorterm
S&P500	Neutral (+)	Up (+)	Up (+)
DJI	Down	Up (+)	Up (+)
NasdaqComp	Up	Up (+)	Up (+)
DJ Transport	Down	Up (+)	Up (+)
DJ Utility	Down	Up	Up (+)
Russell 2000	Neutral (+)	Up (+)	Up (+)
AMEX Airline	Down	Neutral	Up (+)
AMEX Biotech	Up (+)	Up (+)	Up (+)
AMEX Gold Bugs	Up	Neutral	Neutral (+)
AMEX Natural Gas	Neutral (+)	Neutral	Neutral (+)
AMEX Oil	Down	Down	Neutral (+)
AMEX Security Broker	Up	Neutral	Up (+)
AMEX Telco	Up	Neutral	Neutral (+)
KBW Bank	Down	Neutral (+)	Up (+)
KBW Insurance	Neutral (+)	Neutral	Neutral (+)
PHLX Housing	Down	Down	Neutral (+)
PHLX Semiconductor	Up	Up (+)	Up (+)
S&P Retail	Up	Up (+)	Up (+)