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Major Market Swing Signal (End of Day) Monday 4-11-22

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46% of the Dow Jones is on an Upswing


38% of the S&P 100 is on an Upswing


16% of the Nasdaq 100 is on an Upswing


31% of all Three Indexes Top Holdings is on an Upswing



Notice the change from Friday (4-8-22)


The Dow Bullish Swing Percentage decreased by 7%


The S&P 100 Bullish Swing Percentage decreased by 12% changing the Signal to Bearish from Neutral


The Nasdaq 100 Bullish Swing Percentage decreased by 11% pushing the Nasdaq further into the Very Bearish territory (the Nasdaq is under extreme pressure)


All the Top Holdings Bullish Swing Percentage decreased by 10% (this is moving dangerously close to Very Bearish territory)


The market is still in a Bearish Swing according to our analysis (The BEARS are FIRMLY in control for now)


Thank You

BTA

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