Bearish Universe Analysis for 25-Nov-2022
Symbol Description Instr MTA 3 RelStr CMF NH/NL MCHist
ANGL FALLEN ANGEL HIGH YIELD BOND ETF DN -0.3:1.0 UP 10/2 0.4
BGRN GLOBAL GREEN BOND ETF DN -0.8:1.0 =UP= 9/2 0.4
BND TOTAL BOND MARKET ETF DN -1.0:1.0 =UP= 9/2 0.5
CBON CHINESE BONDS ETF DN -1.8:1.0 dn 1/2 0.1
GOVT U.S. TREASURY BOND ETF DN -1.1:1.0 UP 7/2 0.4
IEI 3-7 YEAR TREASURY BOND ETF DN -0.6:1.0 up 1/2 0.2
IWN RUSSELL 2000 VALUE ETF UP 2.0:1.0 UP 1/2 -0.0
LQD INVESTMENT GRADE CORP BOND ETF DN -0.7:1.0 UP 10/1 0.8
MUB MUNICIPAL BONDS ETF DN -0.3:1.0 UP 12/0 0.5
PCY EMERGING MARKET BONDS ETF DN 0.5:1.0 UP 11/2 0.7
PFF S&P PREFERRED ETF DN -1.6:1.0 dn 7/2 0.6
SPYV S&P 500 (VALUE) ETF UP 2.7:1.0 =UP= 14/0 0.3
TIP TIPS BOND ETF DN -1.4:1.0 =UP= 9/0 0.3
TLH 10-20 YEAR T-BOND INDEX ETF DN -2.3:1.0 UP 9/0 1.1
TLT U.S. 20+ YEAR T-BOND ETF DN -3.4:1.0 UP 7/0 1.5
USIG USD INVESTMENT GRADE CORPORATE BOND ETF DN -0.8:1.0 UP 10/1 0.7
VTV US LARGE CAP VALUE ETF UP 3.0:1.0 UP 25/0 0.2
BIL CASH EQUIVALENT ETF UP 0.0:0.9 UP 135/0 0.0
SHV CASH EQUIVALENT ETF DN 0.0:1.0 «UP» 12/1 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