On March 14, 2025, we provided update on the NLO Market indicator and stated the following:
- Japan
- Market Indicator
- Price Momentum Indicators
- Richard Russell
- Silver
- Speed Resistance Lines
- U.S. Dividend Watch List
Category Archives: NLO Market Indicator
NLO Market Indicator–March 14, 2025
The recent market pull back is triggering some interesting development in our proprietary indicator. From recent peak on 2/19/2025 to trough on 3/13/2025, S&P 500 has fallen 10%. There is a shift in our indicator which we will review the data and potential risk. Continue reading
NLO Market Indicator–June 18, 2024
Our readers recently inquired about an update to our Market Score and Dow Theory Indicator. Continue reading
NLO Market Indicator Revisit
We received a question from our member and wanted to revisit our market indicator:
Hi New Low – I have a question about the market indicators — right now, the buy is showing -5, and the sell is showing -1…. I’m not sure what this means because you say when the sell is -1, that’s a bearish indicator and a time to preserve cash, but the buy is showing quite bullish at -5 (given you say it’s a time to be bullish at -6).
The market indicator is our proprietary model that combines various data into a single model with the intention of identifying inflection points in the market. Continue reading
NLO Market Indicator–November 10, 2022
The market had one of the largest daily gain since 2020 today with the S&P rising 5.5% and the Nasdaq jumping 7.3%. Such action pushed S&P 500 above the most recent high of 3,900 in late October. Below is the current view of our Dow Theory Indicator and NLO Market Score ®. Continue reading
NLO Market Indicator–September 16, 2022
The market fell another 5.8% this past week and has lost over 9% in a month. Continue reading
NLO Market Indicator–June 14, 2022
On Monday June 13, 2022, the market fell nearly 4% and triggered our Market Score down to –6. The last time we saw this was on March 12, 2020. Continue reading
NLO Market Indicator–May 11, 2022
Since our update on 4/29/2022, the market continue to move downward and now reaching a yearly low. Our Market Score and Dow Theory Indicator turned negative on May 9, 2022. Continue reading
NLO Market Indicator–April 29, 2022
The S&P 500 lost -9% in the month of April and many indicators are pointing to a bearish market. Our Dow Theory Indicator (red line) has not turned negative yet. However, all major indexes are approaching their yearly low (see second chart below) and surely will trigger our indicator to move into negative territory of –1 and give us a sell signal.
Although an official sell signal hasn’t been triggered by this indicator, our read on the market breadth has been negative since the Market Score (green line) went into negative territory on February 1st. At the time, the S&P 500 was at 4,547 which is 10% higher than current level.
A buy signal occurs when market capitulates to the downside. A mark of –5 indicate a market capitulation to the downside and triggers a buy signal. Continue reading
Market Update – March 4, 2022
There are no surprises that we all major indexes are declining. One of the factor we monitor is the market internal which look at the % from the one-year low. The chart below display the weakness which started when the Russell (RUT) broke below one-year low on 1/19/2022.
Our team will provide an update on the market based on Dow Theory this weekend.
NLO Market Indicator–June 4, 2021
Major indexes rallied to end to week a little closer to their all-time high. Both the Dow Industrial and S&P 500 are a fraction of percentage away from reclaiming the peak. However, we are seeing concerning sign from our NLO Market Indicator. We explore the current environment and revisit the financial crisis and dot-com bubble to see the similarities. Continue reading
NLO Market Indicator–May 14, 2021
It was a volatile week for the market. Despite 3 major indexes (S&P 500, DJI, JIT) reaching all-time high and confirming Dow Theory bull market. There are some sign to keep a look out for. Below is the market indicator at the end of last week. Continue reading
Posted in Market Ratio, NLO Market Indicator, NLO Market Score, Uncategorized
Tagged members