Tuesday, June 15, 2010

The Bulls are in total control: 30 to 15.



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: not surprised by today's move at all, as the bulls are in control for a few days now.  Another significance of today's move is the fact that SPY is now above 111. I believe the bears are in hot seats now, their covering will provide more fuels into the upside.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 6/15/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD255.012.32Click here to show stocks
UP between 1 to 2 STD23747.491.32Click here to show stocks
UP between 0 to 1 STD22645.290.69
DOWN between 0 to 1 STD91.8-0.3
DOWN between 1 to 2 STD0.0Click here to show stocks
DOWN over 2 STD20.4-2.38Click here to show stocks
Total # of UP Moves48897.81.08
Total # of DOWN Moves112.2-0.68
Total4991001.04
Note:




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

Comments: SPY pushed into the upper diamond, bodes well for the bulls.
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