Sunday, June 14, 2015

Determine Market Direction (12 Jun 15)

Bull Market, Pullback, Correction and Bear Market
(1)     Pullback: -5% off 52W High   (2) Correction: -10% off 52W High   (3) Bear Market: -20% off 52W High
Benchmark
Symbol
52-Week High
Market Trend
Russell 2000
IWM
-0.95%
Bull Market
S&P 500
SPY
-1.80%
Bull Market
Nasdaq 100
QQQ
-2.17%
Bull Market
Dow Jones 30
DIA
-2.30%
Bull Market
 
Understanding stock market direction is critical to any position you take in the market.  Knowing whether you are in Bull Market, Bear Market or a Flat Market is equally important and key in assessing the potential for your trade.

No comments:

Post a Comment