Short Term Bulls vs. Bears Scoring System | ||||
To prevent whipsaws, I suggest to use the following guideline for short-term trading: Short-term buy signal: Bulls>Bears and Bulls>=25; Short-term Sell signal: Bears>Bulls and Bears>=25 | ||||
Comments: This market is stock pickers and day traders market. It is very hard to do swing trades. To prevent whipsaws, I talked about in comment area many days ago that you can use 25 points as the critical threshold.(I put the note under the plot in case people missed in comments area). Good lucks in your trading. | ||||
Summary of S&P 500 Stocks Daily Price Change Behavior Model 4/21/2010 | ||||
Type of Daily Move | # of Stocks | Percent of all stocks | Avg Move | Symbols of the Moves |
UP over 2 STD | 18 | 3.6 | 3.14 | Click here to show stocks |
UP between 1 to 2 STD | 68 | 13.6 | 1.41 | Click here to show stocks |
UP between 0 to 1 STD | 186 | 37.2 | 0.4 | |
DOWN between 0 to 1 STD | 169 | 33.8 | -0.42 | |
DOWN between 1 to 2 STD | 41 | 8.2 | -1.33 | Click here to show stocks |
DOWN over 2 STD | 18 | 3.6 | -3.17 | Click here to show stocks |
Total # of UP Moves | 272 | 54.4 | 0.84 | |
Total # of DOWN Moves | 228 | 45.6 | -0.8 | |
Total | 500 | 100 | 0.09 | |
Note: Even to slightly advantage to the bulls. | ||||
How to read this table | ||||
Intermediate Term Market Mode | ||||
INDEX | Current Mode | Signal Date and Price | Mode Change Price | |
DOW | BUY | 17-Feb-2010 at 10309 | When Daily Close Price < 10947 Mode will be SELL | |
S&P500 | BUY | 18-Feb-2010 at 1107 | When Daily Close Price < 1188 Mode will be SELL | |
NASADQ | BUY | 19-Feb-2010 at 2243 | When Daily Close Price < 2444 Mode will be SELL | |
Comments: | ||||
Long Term ZigZag View of SPY | ||||
Comments: If SPY pullbacks to the yellow box area, it is still healthy for the long term. |
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