Wednesday, May 19, 2010

Bulls vs. Bears and Market Summary on 19-MAY-2010



Short Term Bulls vs. Bears Scoring System

Short-term buy signal: Bulls>Bears and Bulls>=25; Sell signal: Bears>Bulls and Bears>=25Signal History
Comments: The bears score even drops a little bit while the index is down. This is positive divergence. However I don't want to guess the bottom anymore. I am still patiently waiting my buy signal to appear. It will come, I just don't know when.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 5/19/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD10.22.45Click here to show stocks
UP between 1 to 2 STD81.61.48Click here to show stocks
UP between 0 to 1 STD11923.850.31
DOWN between 0 to 1 STD33366.73-0.42
DOWN between 1 to 2 STD377.41-1.21Click here to show stocks
DOWN over 2 STD10.2-2.08Click here to show stocks
Total # of UP Moves12825.650.4
Total # of DOWN Moves37174.35-0.5
Total499100-0.27
Note: only 1 down over 2std, interesting and amazing to me.




How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY

Comments: The market may bounce from here, but the bears is getting more aggressive, the bears want the market to bounce, so they can short more...until the bulls can push the market higher and stay there for a while.
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