{"id":2681,"date":"2010-01-28T15:23:35","date_gmt":"2010-01-28T14:23:35","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/?p=2681"},"modified":"2010-01-28T15:23:35","modified_gmt":"2010-01-28T14:23:35","slug":"stock-market-price-upturn-on-rising-volume","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/2681\/stock-market-price-upturn-on-rising-volume\/","title":{"rendered":"Stock Market: price upturn on rising volume..."},"content":{"rendered":"<p><b><i>Stock Market: price upturn on rising volume indicates an<br \/>\noversold bounce.<\/p>\n<p><\/i><\/b> Short term, downside momentum appears to be broken.<br \/>\nThe market already may have worked off considerable amount of the<br \/>\nhigh level of bullish sentiment registered earlier this month. Some<br \/>\nmarket indicators got oversold enough to support a bounce to the<br \/>\nupside.<\/p>\n<p>Advisory Service Sentiment: there were 40.0% Bulls versus 23.3%<br \/>\nBears as of 1\/27\/10, according to the weekly Investors Intelligence<br \/>\nsurvey of stock market newsletter advisors. The Bull\/Bear ratio<br \/>\ncollapsed to a neutral 1.72, down from 3.36 on 1\/13\/10, which was<br \/>\nthe highest ratio of bullish sentiment in 6 years. The 20-year<br \/>\nrange of the ratio is 0.41 to 3.74, the median is 1.50, and the<br \/>\nmean is 1.57.<\/p>\n<p>Materials Stock Sector Relative Strength Ratio ) plunged below the<br \/>\nlows of the previous 12 weeks on 1\/27\/10, and absolute price of XLB<br \/>\nalso fell below the lows of the previous 11 weeks on 1\/27\/10.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/SecretsoftraderscomMasterFeed\/~4\/eI7qVHqha08\" height=\"1\" width=\"1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock Market: price upturn on rising volume indicates an oversold bounce. Short term, downside momentum appears to be broken. The market already may have worked off considerable amount of the high level of bullish sentiment registered earlier this month. Some market indicators got oversold enough to support a bounce to the upside. Advisory Service Sentiment: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"1","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2681","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/2681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=2681"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/2681\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=2681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=2681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=2681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}