Market Check-Up with Guppy Charts

Here are a few guppy multiple moving average charts that I use to keep track of the market's health. Guppy charts are helpful for identifying trend direction, trend reversals, and times of uncertainty.

First, the S&P 500 and the Nasdaq. Both of these are holding up well. Uptrends in-tact.

Small caps (IWM) struggled at the end of '09 but have resumed the uptrend.

China has been moving sideways for a while with no clear direction. I will be watching FXI to see if it confirms the uptrend in US markets.

Finally, a stock that I've mentioned a few times: MED. It has been tearing it up for months and has shown real weakness in the past couple days.