Tuesday, May 25, 2010

Bulls vs. Bears and Market Summary on 25-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 bulls did what they have to do to keep the bull market alive today. For the record, I think the short term bottom is today's low, even though my bulls vs. bears does not turn into buy mode yet, I bought some SPY late this afternoon. Bears made money, it is time for the bulls to make some money. I didn't see many sellers left in the market. The target for SPY is around 111 to 112 area.

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Summary of S&P 500 Stocks Daily Price Change Behavior Model 5/25/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD30.63.03Click here to show stocks
UP between 1 to 2 STD132.611.29Click here to show stocks
UP between 0 to 1 STD23947.90.33
DOWN between 0 to 1 STD22444.89-0.35
DOWN between 1 to 2 STD204.01-1.28Click here to show stocks
DOWN over 2 STD0.0Click here to show stocks
Total # of UP Moves25551.10.41
Total # of DOWN Moves24448.9-0.43
Total499100.
Note: Bulls fighted all the back to get even today, I am on the bulls sideline now.




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

Comments: SPY is above the trendline, wow, I am a bull now with a target 111 to 112.
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