Tuesday, November 16, 2010

Bulls vs. Bears and Market Summary on 16-NOV-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:

Finally, the bears got it. However, this is only for the short term, for the intermediate term and long term, I am still very bullish. Refer to the support levels in the SPY diamondwise chart below.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 11/16/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD10.22.57Click here to show stocks
UP between 1 to 2 STD30.61.27Click here to show stocks
UP between 0 to 1 STD224.40.26
DOWN between 0 to 1 STD17735.4-0.68
DOWN between 1 to 2 STD23046-1.4Click here to show stocks
DOWN over 2 STD6713.4-2.48Click here to show stocks
Total # of UP Moves265.20.46
Total # of DOWN Moves47494.8-1.28
Total500100-1.19
Note:




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

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