Bull Market States, Bear Market States and Trading Anomalies

Posted on May 13, 2019

    Market State 2: Bullish Canterbury Volatility Index (CVI 59) The low in volatility was CVI 58 on 5/6/19. Low volatile periods are subject to single day outliers called “trading anomalies.” Bull markets are typically accompanied by low or decreasing...

    Market Continues to Show Strength

    Posted on May 07, 2019

      Market State 1 (Bullish) – The S&P 500 remains in Market State 1 after putting in a new all-time market high last Tuesday at 2945.  It might be difficult to remember, but just 4 months ago, the US stock market was down 20% from peak value.  Since then,...

      Market Breadth and Nasdaq Relative Strength Remain Strong

      Posted on April 29, 2019

        4/29/2019   Market State 1 (Bullish) – The S&P remains in Market State 1, a bullish market environment.  As of Friday, the Market has put in a new all-time high.  Most new highs, like the most recent one, occur in Market...

        Many Sectors Showing Strength

        Posted on April 22, 2019

          4/22/2019   Market State 1 (Bullish) – The S&P 500 currently in Market State 1, a Bullish Market State Environment.  Market State has Long-Term indicators positive, Volatility indicators (based on the Canterbury Volatility Index) are positive, and Short-term...

          Market Volatility Continues to Decline

          Posted on April 15, 2019

            4/15/2019   Market State 1 (Bullish) – The S&P 500 remains in Market State 1, which is a Bullish Market State.  Overall, Canterbury has defined 12 different Market States, separated into 3 distinct market environments: bullish, bearish,...