Wednesday, February 24, 2010

Market Summary Based on Market Close of 24-Feb-2010

Market Summary Based on Market Close of 24-Feb-2010
Short Term Bulls vs. Bears Score System
Comments: Bulls 23, Bears 17, the next 2 days will be critical. Like I said yesterday, bulls need keep bears under 25 to remain in control. Today's action is a good start, but tomorrow will be the key.
Intermediate Term Market Mode
INDEXCurrentModeSignalDateandPriceModeChangePrice
DOWBUY17-Feb-2010at10309Whendailycloseprice<9922modewillbeSELL
S&P500BUY18-Feb-2010at1107Whendailycloseprice<1065modewillbeSELL
NASADQBUY19-Feb-2010at2243Whendailycloseprice<2148modewillbeSELL
Note: The "Mode Change Price" may change each day.This is as of 24-Feb-2010
Long Term ZigZag View of SPY
Comments: UP TREND, in strong price zone 2.
Summary of S&P 500 Stocks Daily Price Change Behavior Model on 02/24/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD122.402.92Click HERE to show list of stocks
UP between 1 to 2 STD9819.601.30Click HERE to show list of stocks
UP between 0 to 1 STD30160.200.51
DOWN between 0 to 1 STD7715.40-0.30
DOWN between 1 to 2 STD102.00-1.46Click HERE to show list of stocks
DOWN over 2 STD20.40-5.08Click HERE to show list of stocks
Total # of UP Moves41182.200.77
Total # of DOWN Moves8917.80-0.54
Total5001000.54
Note: Bulls had good day with 411 out of 500 went up. 12 stocks moved up over 2 STD.
How to read this table
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