The Bulls Put Up! Or Did the Bears Just Shut up??? This past week the S&P 500, along with several narrower formations, broke out to new all-time highs. On the surface, it appears the bulls have finally put up and the bears have shut up. The more important question is whether this was a decisive […]
Put Up or Shut Up In practical terms, the week began Wednesday, April 8th, with a decisive bullish gap higher in the S&P 500. The advance was supported by a 90% upside Capital Weighted Volume day on above average upside volume, though total volume remained only average. The rally delivered strong upside participation relative to […]
Put Up or Shut Up The month ended with a show of force, but the campaign remains unresolved. On the month and quarter-end, Tuesday, March 31st, the bulls launched a counteroffensive, delivering a 95% Capital Weighted Upside Volume day on above average volume. The new quarter opened with a 90% upside day on below-average volume. […]
Put Up or Shut Up The campaign opened with strength but ended with attrition. Early in the week, the bulls mounted a decisive advance with 97% of Capital Weighted Volume to the upside, though participation remained slightly below average. By week’s end, control shifted sharply as the bears delivered a 96% downside day on heavy […]