Short Term Bulls vs. Bears Scoring System | ||||
Short-term buy signal: Bulls>Bears and Bulls>=25; Sell signal: Bears>Bulls and Bears>=25 | ||||
Comments: Wow, What a day, I really hope you came out OK today. I personally took big losses today. The market goes down because there are more willing sellers than buyers. Volume is huge, and another bad news is our intermediate term SP500 turned into SELL mode today. I will post the industry group ranking based on spatial sorting later tonight. Be careful, and be cautious if you are still long. Control your risk, and Good Lucks in your trading. | ||||
Summary of S&P 500 Stocks Daily Price Change Behavior Model 4/27/2010 | ||||
Type of Daily Move | # of Stocks | Percent of all stocks | Avg Move | Symbols of the Moves |
UP over 2 STD | 2 | 0.4 | 4.18 | Click here to show stocks |
UP between 1 to 2 STD | 3 | 0.6 | 1.62 | Click here to show stocks |
UP between 0 to 1 STD | 16 | 3.2 | 0.27 | |
DOWN between 0 to 1 STD | 61 | 12.2 | -0.6 | |
DOWN between 1 to 2 STD | 192 | 38.4 | -1.56 | Click here to show stocks |
DOWN over 2 STD | 226 | 45.2 | -2.99 | Click here to show stocks |
Total # of UP Moves | 21 | 4.2 | 0.84 | |
Total # of DOWN Moves | 479 | 95.8 | -2.11 | |
Total | 500 | 100 | -1.99 | |
Note: 226 stocks down over 2STD !!!. The market may bounce tomorrow, but the technical damage is just too big 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 < 10967 Mode will be SELL | |
S&P500 | SELL | 27-APR-2010 at 1183 | When Daily Close Price > 1215 Mode will be BUY | |
NASADQ | BUY | 19-Feb-2010 at 2243 | When Daily Close Price < 2444 Mode will be SELL | |
Comments: SP500 turned into sell mode today, it needs go up to 1215 to become buy mode. | ||||
Long Term ZigZag View of SPY | ||||
Comments: The bears may be happy today, but the long term chart is still very healthy, now I believe we will stay within the yellow diamond for next month. |
Tuesday, April 27, 2010
Bulls vs. Bears and Market Summary on 27-APR-2010
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