Nasdaq Summation Index (17 Apr 15): Bearish

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
S&P 500	SPY	-1.58%	Bull Market
Russell 2000	IWM	-2.12%	Bull Market
Dow Jones 30	DIA	-2.43%	Bull Market
Nasdaq 100	QQQ	-3.12%	Bull Market