Thursday, June 10, 2010

The bulls vs bears model gives out a Buy signal again, 6-10-2010




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: well, if you still have confidence in my bulls vs bears scoring system, today the model yet again gives a buy signal.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 6/10/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD479.422.37Click here to show stocks
UP between 1 to 2 STD35370.741.47Click here to show stocks
UP between 0 to 1 STD9418.840.69
DOWN between 0 to 1 STD51-0.28
DOWN between 1 to 2 STD0.0Click here to show stocks
DOWN over 2 STD0.0Click here to show stocks
Total # of UP Moves494991.41
Total # of DOWN Moves51-0.28
Total4991001.39
Note: very strong internals




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

Comments: SPY backs above the upper diamond with good volume. Good for the bulls.
blog comments powered by Disqus

My Favorite Books