Thursday, February 11, 2010

Bulls vs. Bears and Market Summary on 11-Feb-2010

Market Summary Based on Market Close of 11-Feb-2010
Short Term Bulls vs. Bears Score System
Comments: With today's rally, bulls are now in full control for short term. Bulls 28, Bears 18. Only negative today is that volume is not very high.
Intermediate Term Market Mode
INDEXCurrentModeSignal Date and PriceMode Change Price
DOWSELL21-Jan-2010 at 10389When dailycloseprice>10275 mode willbe BUY
S&P500SELL21-Jan-2010 at 1116When dailycloseprice>1100 mode willbe BUY
NASADQSELL22-Jan-2010 at 2205When dailycloseprice>2241 mode willbe BUY
Note: The "Mode Change Price" may change each day.This is as of 11-Feb-2010
Long Term ZigZag View of SPY
Comments: Long term is in UP TREND.
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