Saturday, April 11, 2015

Nasdaq Summation Index (10 Apr 15): Bullish

The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining.

Pullback, Correction and Bear Market
Pullback: 5% off 52W High   Correction: 10% off 52W High   Bear Market: 20% off 52W High

Benchmark
Symbol
52-Week High
Condition
Russell 2000
IWM
-0.25%
Bull Market
S&P 500
SPY
-0.60%
Bull Market
Dow Jones 30
DIA
-1.09%
Bull Market
Nasdaq 100
QQQ
-1.53%
Bull Market

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