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Major Market Swing Signal (End of Day) Monday 4-18-22

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36% of the Dow Jones is on an Upswing


42% of the S&P 100 is on an Upswing


29% of the Nasdaq 100 is on an Upswing


35% of all Three Indexes Top Holdings is on an Upswing


Notice the change from Thursday (4-14-22)


The Dow Bullish Swing Percentage decreased by 7%


The S&P 100 Bullish Swing Percentage decreased by 6%


The Nasdaq 100 Bullish Swing Percentage decreased by 8% pushing the Nasdaq into the Very Bearish territory from Bearish (the Nasdaq is under a lot of pressure)


All the Top Holdings Bullish Swing Percentage decreased by 8% (this is moving dangerously close to Very Bearish territory)


Notice that all three of the Categories decreased from last week Thursday becoming more bearish


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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