Bearish Universe Analysis for 21-Jun-2024
Symbol Description Instr MTA 3 RelStr CMF NH/NL MCHist
KBWB BIG BANKS ETF UP 0.92:2.08 UP 2/0 -0.1
VTV US LARGE CAP VALUE ETF UP 0.87:2.08 UP 4/0 0.1
TLT U.S. 20+ YEAR T-BOND ETF DN 0.66:2.08 UP 0/1 0.3
TLH 10-20 YEAR T-BOND INDEX ETF DN 0.62:2.08 UP 0/1 0.2
PCY EMERGING MARKET BONDS ETF UP 0.44:2.08 =UP= 5/1 0.0
SPYV S&P 500 (VALUE) ETF UP 0.43:2.08 UP 2/0 -0.0
BND TOTAL BOND MARKET ETF DN 0.30:2.08 UP 0/1 0.1
USIG USD INVESTMENT GRADE CORPORATE BOND ETF UP 0.28:2.08 UP 0/1 0.1
LQD INVESTMENT GRADE CORP BOND ETF UP 0.27:2.08 UP 0/1 0.1
IEI 3-7 YEAR TREASURY BOND ETF DN 0.18:2.08 DN 12/1 0.1
TIP TIPS BOND ETF UP 0.17:2.08 UP 12/1 0.1
BIL CASH EQUIVALENT ETF UP 0.00:2.08 «dn» 3/0 0.0
PFF S&P PREFERRED ETF UP -0.08:2.08 UP 2/1 -0.0
ANGL FALLEN ANGEL HIGH YIELD BOND ETF UP -0.17:2.08 UP 2/0 0.0
MUB MUNICIPAL BONDS ETF DN -0.24:2.08 dn 5/1 0.1
IWN RUSSELL 2000 VALUE ETF UP -0.25:2.08 «UP» 1/0 -0.3
KBE S&P BANK SECTOR ETF UP -0.42:2.08 UP 1/0 -0.0
KRE KBW REGIONAL BANKS ETF DN -1.24:2.08 UP 1/0 -0.0
Inflation Universe Charts

Data Columns
4. MTA 3: MTA 3-Slope Test: Grn=Up, Red=Down, Gry=Undef       7. NH/NL: Weeks since price was this high or this low
5. RelStr: Slp of ETF/Slp of index. Grn=Up, Red=Down       8. MCHist: Short-term trend indicator
6. CMF: 20-day Money Flow: Grn=Up, Red=Down, Gry=Flat       Yellow description means low average volume