 |
|
A/D
Indicators |
|
|
|
 |
Daily Advance/Decline (AD) Sentiment Report
(100% mechanical)
Summary
Detailed Report
3 days delay
To access the most recent commentaries,
you must sign up to PLATINUM package.
|
S&P 500 |
NASDAQ 100 |
DJI |
Russell 2000 |
NYSE |
S&P 500 Sentiment Report -
9/4/2008
Based on volume and advance/decline indicator of the S&P 500 basket
The S&P 500 index dropped -2.99% today.
Declines beat advances by a ratio of almost 1 to 0 (an A/D issues ratio of 0.05). Based on volume readings, losers beat winners by a margin of 1 to 0 (an A/D volume ratio of 0.04).
The session’s lowest A/D issues ratio (of 0.04) and lowest A/D volume ratio (of 0.04) were both recorded around 14:10 EST. By this time, the index had declined about -2.97%.
From the above data we conclude that the day’s mood was extremely bearish;
|
Next Day S&P 500 Outlook:
|
Up |
62%
|
| |
DOWN
|
38%
|
More Detailed Outlook...
(Next day outlook is 100% mechanically
calculated and is based on index reaction to similar market sentiment
occurrences in history back to 1997)
Copyright © 1997-2008 MarketVolume.com: You may not copy, distribute, transmit, display, perform,
reproduce, publish, license, sublicense, create derivative works from, transfer
or sell any of the Information.
|
About Daily AD Report:
- The report is
100% mechanical;
- The outlook is
updated daily after the market close (generally by 17:30 EST);
- The report
is generated for the most popular indexes, including the NYSE Composite,
DJI, S&P 500, NASDAQ 100, as well as the Russell 2000.
- After the market
close, our system will:
-
Automatically collect Advance/Decline data: Number of
advanced and declined issues, advanced and declined volume,
advance/decline volume and issues ratios, TRIN;
-
Perform a historical scan for trading days which
exhibited similar AD data on a closing basis;
-
Determine the trend as well as the biggest advances and
declines the following trading day;
-
Formulate an outlook for the following trading day based
on similar occurrences using historical AD data.
- The system
analyzes historical data going back to 1997;
- The outlook for
the following trading day is formulated as a percentage - stating a
probability of the market being up or down that day. For instance, an
outlook may state a 60% probability of an up-day versus a 40% probability of
a down-day based on similar AD data in the period between 1997 and the
present.
|
|
|
DOW
Signals
Past 6 Months |
|
14%
 |
30%
|
|
Compound |
Compound
Margin |
|
|
|
As of 9/7/2008 |
Buy / Sell Trading signals.
|
| |
