Bulls vs. Bears and Market Summary on 23-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 bulls had a good day and a good week. All the dips have been bought. Our short-term signal turned bullish yesterday.  The last sell signal was a failed one. Hope you all had a good week in trading and life. Thanks for all the visits to this blog's sponsors this week. I really appreciated it, and that also gave me evan more motivation to share my research and opinions about the market. I will try to share my favarorite trading setup this weekend, stay tuned. Have a great weekend.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 4/23/2010
Type of Daily Move	# of Stocks	Percent of all stocks	Avg Move	Symbols of the Moves
UP over 2 STD	48	9.6	3.02	Click here to show stocks
UP between 1 to 2 STD	106	21.2	1.41	Click here to show stocks
UP between 0 to 1 STD	233	46.6	0.45
DOWN between 0 to 1 STD	92	18.4	-0.39
DOWN between 1 to 2 STD	13	2.6	-1.48	Click here to show stocks
DOWN over 2 STD	8	1.6	-2.78	Click here to show stocks
Total # of UP Moves	387	77.4	1.03
Total # of DOWN Moves	113	22.6	-0.68
Total	500	100	0.64
Note: Again, mkt internal very bullish today
				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: volume lower, but no question about the trend, It may break into the upper diamond soon.