Thursday, June 24, 2010

The bears take back control, 6/24/2010



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 took over, and the market is sick. It seems nobody wants hold stocks.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 6/24/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD0.0Click here to show stocks
UP between 1 to 2 STD20.41.22Click here to show stocks
UP between 0 to 1 STD408.020.24
DOWN between 0 to 1 STD26953.91-0.6
DOWN between 1 to 2 STD17835.67-1.28Click here to show stocks
DOWN over 2 STD102-2.38Click here to show stocks
Total # of UP Moves428.420.29
Total # of DOWN Moves45791.58-0.91
Total499100-0.81
Note:




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

Comments: SPY goes under the trendline with increasing volume, both bad for the bulls.  The bulls need put together a good efforts soon.
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