| SPY latest price $137.7100 (-0.7%) ($137.7100 - $138.8700) on Tue. Jul. 31, 2012. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.01% (three month average) |
| RSI | 62 |
| Latest Price | $137.7100(-0.7%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SPY advances 0.6% a day on average for past five trading days. |
| Weekly Trend | SPY advances 0.7% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability)
QQQ(92%) XLK(88%) IWM(87%) XLY(85%) EWG(78%) |
| Factors Impacting SPY price | SPY will decline at least -0.505% in a week (0% probabilities).
TLT(-25%) SHY(-6%) IGOV(-6%) TIP(-1%) GLD(3%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -0.505% (StdDev 1.01%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.6% |
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