Monday, September 21, 2015

Determine Market Trend (21 Sep 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
% off 52-Week High
Market Trend
S&P 500
SPY
-7.37%
Pullback
Nasdaq 100
QQQ
-7.61%
Pullback
Dow Jones 30
DIA
-9.28%
Pullback
Russell 2000
IWM
-10.12%
Correction

Traders who strive for consistency—their goal is to make money in all market environments.  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.

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