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muditwahal
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Interested in technical analysis using Point and Figure charting, Bullish Percentage Index, on major markets, indices and sectors. Write and test new systems using several long/short strategies using ETFs and mutual funds.
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  • Market Watch Using Bullish Percentage Index For Major Markets, Indices And Sectors - Oct 3, 2012 0 comments
    Oct 4, 2012 4:54 PM | about stocks: DIA, SPY, QQQ, XLB, XLK, XLE, XLF, XLY, XLU, XLI, XLP, XLV

    As observed in the table below, the BPI of major indices and several sectors have either paused in their rise or started to roll over. Its evident by looking at their 2 weeks vs 4 week change. The market may either pause till it gather more steam for a rally after the pause or it runs out of breath.

    Name BPI 1Dy
    Ch
    2Wk
    Ch
    4Wk
    Ch
    3Mt
    Ch
    6Mt
    Ch
    Hi
    3Mth
    Hi
    1Yr
    Lo
    3Mth
    Lo
    1Yr
    NYSE 72 1 -1 5 15 -4 74 80 57 19
    NASDAQ 59 1 0 5 8 -6 59 66 49 20
    DIA Dow Jones Industrial 86 0 -1 3 16 -4 90 97 70 20
    SPY SP 500 76 0 -3 5 20 -6 79 85 55 19
    QQQ NDX 100 67 2 -3 3 20 -13 71 85 39 24
    IJH SP 400 69 0 -4 0 15 -12 74 85 54 13
    IJR SP 600 65 0 -2 4 13 -9 68 78 49 17
    OEF SP 100 OEX 80 0 -4 0 12 -6 85 93 65 20
    IWB Russell 1000 73 1 -4 3 17 -7 78 86 55 16
    IWM Russell 2000 65 1 1 6 9 -4 65 71 53 18
    SPY SP 500 76 0 -3 5 20 -6 79 85 55 19
    XLB (Basic Ind Sector) 77 0 0 16 17 7 77 83 53 6
    XLV (Cons Serv Sector) 83 2 2 12 20 -11 83 98 62 12
    XLP (Cons Stap Sector) 78 0 2 2 12 -7 78 90 65 35
    XLY (Cycl/Trans Sector) 71 2 -3 6 21 -14 75 86 41 16
    XLE (Energy Sector) 93 2 -3 13 49 37 96 96 44 2
    XLF (Financial Sector) 81 0 -3 4 15 -7 85 90 62 9
    XLI (Industrial Sector) 67 1 -8 2 15 -14 76 90 50 15
    XLK (Technology Sector) 65 0 -5 0 28 -16 71 82 34 29
    XLU (Utilities Sector) 84 0 0 -6 -3 0 90 91 84 61
    XME SPDR S and P Metals and M 63 -3 -3 21 37 17 66 79 21 1
    XOP SPDR S and P Oil and Gas 81 0 -1 5 30 30 84 84 51 1
    XPH SPDR S and P Pharmaceutic 69 0 -1 -1 -4 -20 78 89 67 34
    XBI SPDR S and P Biotech 68 0 2 7 -6 5 78 78 50 22
    XES SPDR S and P Oil and Gas 67 -2 -17 -3 38 7 88 88 29 7
    XHB SPDR S and P Homebuilders 78 4 -7 9 18 -1 85 93 48 3
    XHE SPDR S and P Health Care 86 2 4 14 17 0 86 87 58 18
    XSD SPDR S and P Semiconducto 39 0 -7 -9 16 -21 50 67 19 19
    XTL SPDR S and P Telecom ETF 56 0 0 2 15 -7 60 80 35 16
    XTN SPDR S and P Transportati 44 0 -9 -9 -23 -37 67 95 42 5
    EUFN Ishares MSCI Europe Finc 62 1 2 15 22 -11 62 76 33 25
    XBD NYSE Arca Broker Dealer I 64 0 9 19 28 -27 64 91 18 1
    FIN NDX Financial 100 81 0 7 18 17 0 82 82 62 18

    (click to enlarge)S&P 500 Index and its Bullish Percentage Index

    (click to enlarge)Dow Jones Industrial Average and its Bullish Percentage Index

    (click to enlarge)NYSE Composite Index and its Bullish Percentage Index(click to enlarge)Nasdaq Composite Index and its Bullish Percentage Index

    Stocks: DIA, SPY, QQQ, XLB, XLK, XLE, XLF, XLY, XLU, XLI, XLP, XLV
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