Bearish Universe Analysis for 23-Mar-2023
Symbol	Description	Instr	MTA 3	RelStr	CMF	NH/NL	MCHist
TLT	U.S. 20+ YEAR T-BOND	ETF	DN	0.5:-0.1	«dn»	7/1	0.5
TIP	TIPS BOND	ETF	DN	0.4:-0.1	«dn»	26/1	0.3
TLH	10-20 YEAR T-BOND INDEX	ETF	DN	0.4:-0.1	DN	7/1	0.5
GOVT	U.S. TREASURY BOND	ETF	DN	0.2:-0.1	«dn»	28/1	0.4
IEI	3-7 YEAR TREASURY BOND	ETF	«UP»	0.2:-0.1	–dn–	29/1	0.4
BGRN	GLOBAL GREEN BOND	ETF	DN	0.1:-0.1	DN	7/1	0.3
SHV	CASH EQUIVALENT	ETF	UP	0.1:-0.1	up	67/1	0.0
BND	TOTAL BOND MARKET	ETF	DN	0.1:-0.1	–dn–	7/1	0.4
CBON	CHINESE BONDS	ETF	DN	0.1:-0.1	dn	5/1	0.3
MUB	MUNICIPAL BONDS	ETF	–UP–	0.1:-0.1	«dn»	5/1	0.2
BIL	CASH EQUIVALENT	ETF	UP	0.1:-0.1	–UP–	276/1	0.0
USIG	USD INVESTMENT GRADE CORPORATE BOND	ETF	DN	-0.1:-0.1	–dn–	6/1	0.4
PCY	EMERGING MARKET BONDS	ETF	DN	-0.1:-0.1	≡UP≡	2/4	0.2
ANGL	FALLEN ANGEL HIGH YIELD BOND	ETF	DN	-0.2:-0.1	«DN»	3/2	0.1
LQD	INVESTMENT GRADE CORP BOND	ETF	DN	-0.2:-0.1	=dn=	6/1	0.5
SPYV	S&P 500 (VALUE)	ETF	≡DN≡	-0.5:-0.1	≡UP≡	2/2	-0.2
PFF	S&P PREFERRED	ETF	DN	-1.4:-0.1	DN	1/151	-0.7
VTV	US LARGE CAP VALUE	ETF	DN	-1.7:-0.1	«up»	2/21	-0.5
IWN	RUSSELL 2000 VALUE	ETF	DN	-1.9:-0.1	DN	1/24	-1.1
KBE	S&P BANK SECTOR	ETF	DN	-6.5:-0.1	–DN–	2/119	-2.7
KBWB	BIG BANKS	ETF	DN	-6.7:-0.1	–DN–	1/120	-3.2
KRE	KBW REGIONAL BANKS	ETF	DN	-8.4:-0.1	–DN–	1/119	-3.0
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