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END OF THE BEAR TRAP RALLY, PART ONE

|Includes:ProShares UltraShort Health Care ETF (RXD), SCC, SDD, SIJ, SKF, SMN

Is the Bear Market Rally over?  It looks like it.  Why do we say that?  Our long-term trends have not gone negative; our shorter-term trends HAVE gone negative however.  Short-term trends change first, always.  Our definition of a bull market is trends that are making higher highs and higher lows.  Issues that are making lower lows and lower highs are in a bear market phase.

Suddenly, many of our ULTRASHORT issues -- anti-stocks, that move up when the market sinks -- have turned up with, finally, higher highs and higher lows, suggesting lower prices for stocks. 

Our Part One Instablog is going to show a trend change from Short to Long for a handful of Ultrashort issues: Healthcare (NYSEARCA:RXD), Consumer Services (NYSEARCA:SCC), Small Cap Index (NYSEARCA:SDD), Industrials (NYSEARCA:SIJ), Financials (NYSEARCA:SKF), Basic Materials (NYSEARCA:SMN),

The other side of this coin, of course, is that if the Ultrashorts are going up finally, then stocks are heading lower.  We will show some other issues in Part II and perhaps Part III of stocks in our database that we think are going down -- where their support levels are as levels toward which they might be heading.


Stocks: RXD, SCC, SDD, SIJ, SKF, SMN