samitrading

SPX's Percent of Stocks Above 50d MA.

SPCFD:SPX   S&P 500 Index


****************************
****Reading Table:******
****************************
-Green Lines readings below 10%
-Black Lines readings Between 10%-20%
-Red "Date Range" is reading above 90%
- Pinks are Crossing below 50% then
Crossing above it again. "Bottom finder"
-----------------------------------------------
Reading Between 10%-20% :
( 9 Signals)
--------------------------------------
Bottom
- before bottom
bottom
bottom
bottom
bottom
going down
botom
bottom
----------------------------
Conclusion:
-90 % success rate at Bottoms
-Much better surprisingly than
going below 10% which is most
extremes
----------------------------------------------------------------------

Reading Below 10% : (11 signals since 2009)
------------------------------------------------------
Bottom
bottom
False
bottom going down
3 weeks before a bottom
bottom
bottom
bottom
bottom
going down
bottom
-------------------
Conclusion :
- much better to wait for it to
crosses above 10% just to clear off errors .
- 54% confirmed bottoms,9% false signals
- 18 % going down to a bottom
----------------------------------------------------------
Readings Above 90% :
9 signals
----------------------------------
up swing ( small dip)
up swing
up swing
top "small dip"
up swing
top small dip
up swing
Major top
up swing
-----------------------------------------
conclusion :
- Small dips 7%-5 %
-89% of the time just up swing
showing how strong the market
is.
-11% Major top

------------------------------------------------
Summary:
*** Above 90% is just up swing, 89% of the time!!
***Surprisingly between 10%-20% is much better
than going below 10% ! !! 90% VS. 54%.
***Both lowest section readings either we are very
close to a bottom like weeks or at one .
***Like any other indicator, during crashes we
will get false signals across the board like allot!!!
*** All dips if i may say, happened between pink
lines when single or between them for longer pullbacks

Comments

KEEP IT UP, I want to see where this goes

thanks
+1 Reply
samitrading wolffarchitecture
@wolffarchitecture, Thanks buddy, wish you all the best.
Reply
So nice work! Share more such ideas!
Reply
@Karzon, Hey Karzon, i will do my best keep praying for me : -). Appreciate your kind words.

wish you all the best.
Reply
I think the forecast is correct and EURUSD will rise.Good work.
Reply
samitrading CurtisTerry
@CurtisTerry, Thanks for your comments. wish u all the best.
Reply
Nicely Analysed...
Reply
@RishiMa, Thanks for your comments.

wish you all the best.
Reply
Nice information..
Reply
samitrading MirandaSimandl
@MirandaSimandl, Thanks buddy, wish you all the best.
Reply
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