BarChart Weekly Market Momentun W/E July 17,2009 - CODE GREEN

Remember you should always first evaluate which way the Stock Market is Trending before you add or delete from your portfolio. No stock investment should be made in a vacuum.

Value Line Index Daily Moving Averages - This index contain approximately 1700 stocks

1. ABOVE 20 DMA
2. ABOVE 50 DMA
3. ABOVE 100 DMA

Trading ABOVE all 3 Daily Moving Averages - BULLISH

BarChart Value Line Index w/DMA, Trend and 14 Day Turtle Chart

BarChart Market Momentum

What percentage of stocks are trading ABOVE or BELOW their Daily Moving Averages - Approximately 5800 stocks

1. 81% ABOVE their 20 DMA
2. 73% ABOVE their 50 DMA
3. 88% ABOVE their 100 DMA

A sample of 5800 stocks shows that better than 50% of the stocks are ABOVE their DMA for all 3 periods - BULLISH

BarChart Market Momentum Table

BarChart New High/Low Ratios

1. 20 DAY new H/L 1570/216 = 7.3 to 1
2. 65 DAY new H/L 655/83 = 7.9 to 1
3. 100 DAY new H/L 630/43 = 14.7 to 1

These are good numbers - New Highs far outnumber New Lows for all 3 periods - Very BULLISH

BarChart New H/L Table

It would appear we are in CODE GREEN and you should not be afraid to add to your portfolio holdings at this time

BarChart Market Trend Indicators W/E July 10,2009

All 3 of the BarChart Indicators that I use to evaluate short term Stock Market trending are NEGATIVE - A CODE YELLOW situation still exists. Until the Market changes direction let your stop losses trigger and do not make new positions

Value Line Index Daily Moving Averages (approx 1700 stocks) 2 of 3 DMAs trending lower

1. Trending BELOW its 20 DMA


2. Trending BELOW its 50 DMA


3. Trending ABOVE its 100 DMA

Value Line DMA Chart

BarChart Market Momentum ( approx 5725 stocks) Daily Moving Averages 2 of 3 trading lower

1. 67% trading BELOW their 20 DMA


2. 58% trading BELOW their 50 DMA


3. 77% trading ABOVE their 100 DMA

BarChart Market Momentum

BarChart New High/Low Ratios 2 of 3 ratios lower

1. 20 day H/L 355/1110


2. 65 day H/L 157/296


3. 100 day H/L 114/66

BarChart New High/Low