Major Market Swing Signal (End of Day) Friday 4-8-22
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53% of the Dow Jones is on an Upswing
50% of the S&P 100 is on an Upswing
27% of the Nasdaq is on an Upswing
41% of all Three Indexes Top Holdings is on an Upswing
Notice the change from Thursday (4-7-22)
The Dow Bullish Swing Percentage increased by 11% turning the Index back barely bullish
The S&P 100 Bullish Swing Percentage increased by 8% turning the index neutral from bearish
The Nasdaq 100 Bullish Swing Percentage remains Very Bearish
All the Top Holdings Bullish Swing Percentage increased by 7% but still bearish
The market is still in a Bearish Swing according to our analysis (The BEARS are in control for now)
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