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<h2>Market Indexes</h2>
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<p>A market index is a hypothetical portfolio of investment holdings that represents a segment of the financial market. The calculation of the index value comes from the prices of the underlying holdings. Some indexes have values based on market-cap weighting, revenue-weighting, float-weighting, and fundamental-weighting.</p>
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<p><strong>S&amp;P 500</strong> - Standard &amp; Poor's 500<br><strong>DJIA</strong> - Dow Jones Industrial Average<br><strong>DJIA Delta</strong> - Difference in quantity<br><strong>DJTA</strong> - Dow Jones Transportation Average<br><strong>DJUA</strong> - Dow Jones Utility Average<br><strong>NASDAQ</strong> - Stock Exchange<br><strong>RUSSELL 2000</strong> - Small cap American companies<br></p>
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<h4>S&amp;P 500</h4>
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<p>Standard &amp; Poor's 500</p>
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<h2>Breadth/Volume Indicators</h2>
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<p>Measures market "breadth" or participation. Deteriorating breadth is one of the earliest and most reliable of bear market warning flags. Trend is most important.</p>
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<h2>Leadership Indicators</h2>
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<p>Negative Leadership Composite: Measures internal leadership for evidence of a new bull market - or the danger of an imminent bear market.<br></p>
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<p>A bullish Selling Vacuum indicates the absence of bear market (downside) leadership. Always present at the early stage of a new bull market, but can drop to 0 in a maturing bull market. (Range: 0 to +100)</p>
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<p>A bearish Distribution reveals that bear market leadership is present and/or rapidly increasing. (Range: 0 to -100)<br></p>
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<p>Leadership Indexes: Measures relative leadership strength for the NYSE and NASDAQ. Readings above +50 are usually very bullish for the 3-4 week outlook; readings below -50 are bearish. (Range -100 to +100)</p>
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<h2>Short-Term &amp; Miscellaneous Indicators</h2>
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<p>Used to forecast the short-term outlook for the market, which can be useful in improving entry/exit decisions in individual stocks or mutual funds. When at Oversold levels, a rally or upward reversal is very likely within the next few weeks. An Overbought reading indicates the market has climbed too far too fast and is likely to experience a consolidation or correction.<br></p>
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<p>Pressure Factor: Oversold = -30 or below / Overbought = +30 or above<br>Call/Put Ratio: Oversold = -50 or below / Overbought = +50 or above</p>
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<h2>Weekly Indicators</h2>
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<p>Measures the monetary climate. Most bear markets begin with unfavorable or hostile monetary conditions.</p>
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