Guppy Charts: Leaders, Laggards, and All Time Highs

Volatility has certainly increased over the past week or so. Let's take a look at how some of the indices and stocks are faring amidst the turmoil. Overall I am interested in how the divergence between China (choppy downtrend) and the US markets (choppy uptrend) develop over the coming weeks. The potential breakout from MED is also encouraging. Here are the guppy charts, which depict the alignment or struggle between short-term and long-term trends (perhaps reflecting the perspectives of short-term and long-term traders). Ideally, these charts give the "all clear" when short and long-term averages are aligned, tell you to beware of a pull-back when the averages get too far apart (extended), and tell you when to be cautious when the market is in a state of indecision (ie. when red and black lines cross).

Strong Uptrends: Gold, the US Dollar, and Medifast (MED, aka the-come-back-kid)

Struggling, but looks like things might get back on track: Small-Caps (IWM), Canada (EWC), and NRGP

Failing: China (FXI)