Thursday, April 22, 2010

Bulls vs. Bears and Market Summary on 22-APR-2010



Short Term Bulls vs. Bears Scoring System

Short-term buy signal: Bulls>Bears and Bulls>=25; Sell signal: Bears>Bulls and Bears>=25
Comments: The market will not go down when everyone is calling it. The bulls just reached 25, one point above the bears. Our short term signal turns into bullish again. Every dips have been bought.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 4/22/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD5911.83.27Click here to show stocks
UP between 1 to 2 STD9118.21.37Click here to show stocks
UP between 0 to 1 STD19839.60.46
DOWN between 0 to 1 STD10220.4-0.42
DOWN between 1 to 2 STD306-1.32Click here to show stocks
DOWN over 2 STD204-4.01Click here to show stocks
Total # of UP Moves34869.61.17
Total # of DOWN Moves15230.4-1.07
Total5001000.49
Note: 59 stocks up >2STD




How to read this table
Intermediate Term Market Mode
INDEXCurrent ModeSignal Date and PriceMode Change Price
DOWBUY17-Feb-2010 at 10309When Daily Close Price < 10947 Mode will be SELL
S&P500BUY18-Feb-2010 at 1107When Daily Close Price < 1188 Mode will be SELL
NASADQBUY19-Feb-2010 at 2243When Daily Close Price < 2444 Mode will be SELL
Comments:
Long Term ZigZag View of SPY

Comments: Good volume today, bodes well for the bulls.
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