Sunday, August 29, 2010

Bulls vs. Bears and Market Summary on 29-AUG-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: It looks like a bottom process, but the bulls need one more push to get the buyers back into the market. I went long again when market reversed into positive on Friday, I believe it is a good risk reward play using recent low as stop.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 8/29/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD6412.832.38Click here to show stocks
UP between 1 to 2 STD23446.891.44Click here to show stocks
UP between 0 to 1 STD17034.070.63
DOWN between 0 to 1 STD265.21-0.31
DOWN between 1 to 2 STD51-1.31Click here to show stocks
DOWN over 2 STD0.0Click here to show stocks
Total # of UP Moves46893.791.28
Total # of DOWN Moves316.21-0.47
Total4991001.17
Note:




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

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