Here are some observations from my system
Short term
Unambiguous buy-the-dips mode which i posted last week - on all indices (SPX/DOW/COMPQX/RUT)
Intermediate term
Bearish on all indices
Long term
SPX - Bearish
RUT - Bearish
NYA - Bearish
DOW - Bullish
NDX - Bullish
Nasdaq composite - Bullish
BKX Banking index - Bullish (Below 60 it will enter a bear)
This is different from what i have seen in 2000 and 2007, when all indices entered into a bear market in Sync. This is a mixed bag. I make no inference out of this. Just posting what i am seeing. My confidence level on a long term bear remains low until i see all the indices go into a monthly sell.
Edited by NAV, 31 January 2016 - 11:51 PM.