[isatrader]

Attached is the NYSE Bullish Percent Index and the NYSE long, medium and short term moving average breadth charts.

The NYSE and Nasdaq Composite Bullish Percent Indexes

Note: The Bullish Percent Index P&F charts remain in a column of Xs following triple top breakouts in early February. So current signal is Bull Confirmed still by these longer term measures.

       

       


NYSE Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages charts

Note: The short term NYSE Percentage of Stocks above their 50 Day Moving Averages chart changed to bear confirmed signal on March 6th. The mid and long term measures are on Bull Correction status

           

           


Nasdaq Composite Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages charts

Note: The short term Nasdaq Percentage of Stocks above their 50 Day Moving Averages chart changed to Bear Alert status on the 8th, as it moved back below the 70% line. The mid and long term measures are on Bull Correction status currently.

           

           


Definitions of Market Breadth Status

Bull Confirmed – chart is on a p&f buy signal and is rising (column of x’s); and/or is in a column of x’s above 68%.
Bear Confirmed – chart is falling (column O’s) below 70% and has generated a p&f sell.
Bull Correction – chart is on a p&f buy signal but is falling (column of O’s) without yet reaching 70%.
Bear Correction – chart is on a p&f sell signal but is rising (column X’s) without having moved above 68%.
Bull Alert – chart shows rising (X’s) moving up from below 30% but has not yet generated a p&f buy.
Bear Alert – chart is falling from above 70% to below 70% without yet generating a p&f sell.
Bull Top - chart is falling (column of Os) but above 70%.