Here’s a brief update on the charts I use to gauge overall market conditions.

SPX

$SPX

Breadth

Breadth

McClellan Summation

NYSI

Intermarket relationship – High Yield Bonds

High Yield

Yield Curve – Particularly useful for banks

Yield Curve

University of Michigan Consumer Sentiment

U of M Sentiment

And my 2 favorites: Put/Call

Put Call

And Volatility Structure

Volatility Structure

Trade well,

 

Ivan