TNT Bottoming Indicator - Daily
Date DailyLows SP500
6/15/26 3.33 7554
6/16/26 1.17 7511
6/17/26 1.17 7420
6/18/26 -0.83 7501
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
6/15/26 7.0 26684
6/16/26 7.2 26376
6/17/26 7.2 26022
6/18/26 7.2 26518
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
6/5/26 4.8 7384
6/12/26 4.2 7431
6/18/26 4.4 7501
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
6/5/26 6.0 7384
6/12/26 4.2 7431
6/18/26 6.8 7501
Author: TrendsandTopics
Despite a demanding schedule as an ER doctor for 30 years, I've maintained an avid pursuit of my avocations. This blog is dedicated to sharing what I have learned.
- Joe Fiore, MD
TNT Indexes for 06.12.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
6/8/26 1.5 7406
6/9/26 -0.17 7387
6/10/26 1.67 7267
6/11/26 0.17 7394
6/12/26 1.83 7431
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
6/8/26 7.4 25930
6/9/26 7.4 25679
6/10/26 7.2 25170
6/11/26 7.0 25810
6/12/26 7.2 25889
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
5/29/26 1.8 7580
6/5/26 4.8 7384
6/12/26 4.2 7431
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
5/29/26 6.6 7580
6/5/26 6.0 7384
6/12/26 4.2 7431
TNT Indexes for 06.05.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
6/1/26 5.17 7600
6/2/26 1.67 7610
6/3/26 3.33 7554
6/4/26 -0.83 7584
6/5/26 2.00 7384
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
6/1/26 6.2 27087
6/2/26 6.6 27094
6/3/26 6.6 26854
6/4/26 6.6 26831
6/5/26 7.0 25709
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
5/22/26 -0.2 7473
5/29/26 1.8 7580
6/5/26 4.8 7384
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
5/22/26 6.4 7473
5/29/26 6.6 7580
6/5/26 6.0 7384
TNT Indexes for 05.29.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
5/26/26 2.67 7519
5/27/26 4.17 7520
5/28/26 2.33 7564
5/29/26 4.67 7580
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
5/26/26 8.0 26656
5/27/26 7.8 26675
5/28/26 7.8 26917
5/29/26 7.6 26973
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
5/15/26 4.0 7409
5/22/26 -0.2 7473
5/29/26 1.8 7580
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
5/15/26 6.2 7409
5/22/26 6.4 7473
5/29/26 6.6 7580
TNT Indexes for 05.22.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
5/18/26 -1.17 7403
5/19/26 -0.50 7354
5/20/26 -4.50 7433
5/21/26 1.00 7446
5/22/26 2.17 7473
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
5/18/26 8.4 26091
5/19/26 8.4 25871
5/20/26 8.4 26270
5/21/26 8.4 26293
5/22/26 8.6 26344
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
5/8/26 2.4 7399
5/15/26 4.0 7409
5/22/26 -0.2 7473
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
5/8/26 6.2 7399
5/15/26 6.2 7409
5/22/26 6.4 7473
TNT Indexes for 05.15.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
5/11/26 2.17 7413
5/12/26 -1.50 7401
5/13/26 0.50 7444
5/14/26 -0.83 7501
5/15/26 1.17 7409
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
5/11/26 6.4 26274
5/12/26 6.6 26088
5/13/26 6.6 26402
5/14/26 6.8 26635
5/15/26 6.8 26225
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
5/1/26 4.0 7174
5/8/26 2.4 7399
5/15/26 4.0 7409
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
5/1/26 6.2 7174
5/8/26 6.2 7399
5/15/26 6.2 7409
TNT Indexes for 05.08.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
5/4/26 1.83 7201
5/5/26 -2.33 7259
5/6/26 -1.83 7365
5/7/26 -1.33 7337
5/8/26 -1.67 7399
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
5/4/26 6.2 25068
5/5/26 6.4 25326
5/6/26 6.2 25839
5/7/26 6.6 25806
5/8/26 7.2 26247
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
4/24/26 5.2 7165
5/1/26 4.0 7174
5/8/26 2.4 7399
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
4/24/26 6.4 7165
5/1/26 6.2 7174
5/8/26 6.2 7399
SP500 65d divided by 200d
The 65-day SMA of the SP500 divided by the 200-day SMA is interesting. A value 1.09 or above has generally been associated with an advancing market. A value of 0.925 or below has been associated with a market bottom.
TNT Indexes for 05.01.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
4/27/26 -0.17 7174
4/28/26 -1.00 7139
4/29/26 0.50 7136
4/30/26 -4.50 7209
5/1/26 -0.17 7230
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
4/27/26 5.0 24887
4/28/26 4.8 24664
4/29/26 5.0 24673
4/30/26 4.8 24892
5/1/26 5.2 25114
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
4/17/26 1.0 7126
4/24/26 5.2 7165
5/1/26 4.0 7174
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
4/17/26 6.4 7126
4/24/26 6.4 7165
5/1/26 6.2 7174
TNT Indexes for 04.24.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
4/20/26 -0.17 7126
4/21/26 2.33 7109
4/22/26 -1.67 7138
4/23/26 -2.00 7108
4/24/26 -1.00 7165
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
4/20/26 4.2 24404
4/21/26 4.2 24260
4/22/26 4.2 24658
4/23/26 4.0 24439
4/24/26 4.6 24837
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
4/10/26 1.6 6817
4/17/26 1.0 7126
4/24/26 5.2 7165
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
4/10/26 5.6 6817
4/17/26 6.4 7126
4/24/26 6.4 7165
TNT Indexes for 04.17.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
4/13/26 -1.83 6886
4/14/26 -1.17 6967
4/15/26 -1.17 7023
4/16/26 1.33 7041
4/17/26 -1.67 7126
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
4/13/26 5.4 23184
4/14/26 5.6 23639
4/15/26 6.0 24016
4/16/26 6.0 24103
4/17/26 5.6 24468
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
4/2/26 -1.2 6583
4/10/26 1.6 6817
4/17/26 1.0 7126
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
4/2/26 6.4 6583
4/10/26 5.6 6817
4/17/26 6.4 7126
TNT Indexes for 04.10.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
4/6/26 -1.50 6612
4/7/26 -1.67 6617
4/8/26 -4.17 6783
4/9/26 -3.83 6825
4/10/26 -1.67 6817
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
4/6/26 5.6 21996
4/7/26 5.4 22018
4/8/26 5.2 22635
4/9/26 5.2 22822
4/10/26 5.4 22903
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
3/27/26 -4.6 6369
4/2/26 -1.2 6583
4/10/26 1.6 6817
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
3/27/26 6.6 6369
4/2/26 6.4 6583
4/10/26 5.6 6817
TNT Indexes for 04.02.2026
TNT Bottoming Indicator - Daily
Date DailyLows SP500
3/30/26 -3.67 6344
3/31/26 -1.67 6529
4/1/26 -4.67 6575
4/2/26 -2.50 6583
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
3/30/26 6.4 21795
3/31/26 6.2 21591
4/1/26 6.0 21841
4/2/26 6.4 21879
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
3/20/26 -4.2 6506
3/27/26 -4.6 6369
4/2/26 -1.2 6583
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
3/20/26 7.4 6506
3/27/26 6.6 6369
4/2/26 6.4 6583
TNT Indexes for 03.27.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
3/23/26 -2.83 6581
3/24/26 -2.50 6556
3/25/26 -3.50 6592
3/26/26 -1.17 6477
3/27/26 -2.00 6369
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
3/23/26 6.6 21947
3/24/26 6.8 21762
3/25/26 6.8 21930
3/26/26 6.6 21408
3/27/26 6.6 20948
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
3/13/26 -2.8 6632
3/20/26 -4.2 6506
3/27/26 -4.6 6369
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
3/13/26 7.8 6632
3/20/26 7.4 6506
3/27/26 6.6 6369
TNT Indexes for 03.20.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
3/16/26 -2.67 6699
3/17/26 -1.17 6716
3/18/26 2.33 6625
3/19/26 -0.33 6606
3/20/26 1.67 6506
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
3/16/26 4.8 22374
3/17/26 4.8 22480
3/18/26 4.6 22152
3/19/26 4.6 22091
3/20/26 4.6 21648
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
3/6/26 -0.4 6740
3/13/26 -2.8 6632
3/20/26 -4.2 6506
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
3/6/26 8.2 6740
3/13/26 7.8 6632
3/20/26 7.4 6506
NASDAQHighLowIndexSelect0.0225
The NASDAQ High Low Index has forged to record levels. Here is a current chart, showing the Index versus the NASDAQ price. For the sake of clarity, only the days that the Index has been over a value of 0.0225 are shown. An explanation of the derivation of the Index can be found in the 2nd Edition of Robert Colby's 'The Encyclopedia of Technical Market Indicators'. Decide for yourself the degree to which this Index correlates with market tops.
NYSE TRIN
Here's a TRIN chart using NYSE data. There has been no TRIN value over 4 since 12/28/2011. A low TRIN for an index occurs on a day when there is a small down volume diffused over many declining issues, while on the same day there is a large up volume which is concentrated in just a few issues. This is compatible with the fact that the capitalization of the top 10 companies was 15% of total market capitalization in 2011, growing to 36% in 2026
TNT Indexes for 03.13.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
3/9/26 0.17 6796
3/10/26 -2.67 6781
3/11/26 -1.00 6776
3/12/26 -1.00 6673
3/13/26 -0.83 6632
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
3/9/26 6.8 22696
3/10/26 6.8 22697
3/11/26 6.8 22716
3/12/26 6.4 22312
3/13/26 7.0 22105
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
2/27/26 3.2 6879
3/6/26 -0.4 6740
3/13/26 -2.8 6632
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
2/27/26 8.4 6879
3/6/26 8.2 6740
3/13/26 7.8 6632
TNT Indexes for 03.06.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
3/2/26 -2.17 6882
3/3/26 -0.50 6817
3/4/26 -0.83 6870
3/5/26 1.33 6831
3/6/26 0.33 6740
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
3/2/26 6.6 22749
3/3/26 6.8 22517
3/4/26 7.4 22807
3/5/26 7.2 22749
3/6/26 7.0 22388
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
2/20/26 2.2 6910
2/27/26 3.2 6879
3/6/26 -0.4 6740
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
2/20/26 8.4 6910
2/27/26 8.4 6879
3/6/26 8.2 6740
TNT Indexes for 02.27.26
TNT Bottoming Indicator - Daily
Date DailyLows SP500
2/23/26 -0.17 6838
2/24/26 -2.17 6890
2/25/26 -2.83 6946
2/26/26 -2.00 6909
2/27/26 0.17 6879
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
2/23/26 6.6 22627
2/24/26 6.2 22864
2/25/26 6.4 23152
2/26/26 6.2 22878
2/27/26 5.8 22668
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
2/13/26 5.4 6836
2/20/26 2.2 6910
2/27/26 3.2 6879
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
2/13/26 8.4 6836
2/20/26 8.4 6910
2/27/26 8.4 6879