Major Market Swing Signal (End of Day) Thursday 4-21-22

This content and any associated materials are for informational, educational, and entertainment purposes only and nothing should be construed as a recommendation or rating to buy, hold, or sell any securities. BTA is not a licensed Adviser and can not give financial advice. Please see our Disclaimer on the Website

76% of the Dow Jones is on an Upswing

63% of the S&P 100 is on an Upswing

42% of the Nasdaq 100 is on an Upswing

56% of all Three Indexes Top Holdings is on an Upswing

Notice the change from Wednesday (4-20-22)

The Dow Bullish Swing Percentage had an decrease of 10%

The S&P 100 Bullish Swing Percentage had a big decrease of 20% this changed the Swing to Bullish from Very Bullish Bullish

The Nasdaq 100 Bullish Swing Percentage had a big decrease of 27% this changed the Swing to Bearish from Bullish

All the Top Holdings Bullish Swing Percentage had a big decrease of 22% this changed the Swing to Bullish from Very Bullish

Notice that all three of the Categories had a substantial decreases in the percentage of Bullish Swings.

The market is now in a Bullish Swing according to our analysis but, the Major market seems to have 1or 2 days up then 1 or 2 days down with somewhat of large price swings.

This is a very choppy market and difficult for trend followers like us. So we will tighten our stops and reduce our position sizes

(It looks like the BULLS are still in control for now).

Thank You

BTA