Market log explanation and interpretation

Back to Reports

It is not unusual at all to have the Market log's Access plot disagree with the market section, or the group rotation. In fact, that's more common than not.

The Market log is set up as a complete look into all areas that AIQ has found that give market insight.

The Access log looks at all the stocks in your system and determines for each indicator, positive or negative. The arrows correspond to the percentage of all the stock that are positive or negative.

Since breadth usually leads the market, this is considered a early warning or anticipatory indication of what might come.

The market plot section simply looks at the current conditions of the DJIA market indicators. This generally is slightly early to slightly lagging current market conditions.

The Sector rotation is built on Trend Score, which by nature tries to determine strength of trend an therefor is more of a lagging, or confirming indication.

The proper way of using the Market log is a combination view of;

1. Getting an early indication that the current market direction may change with a shift in the Access plot.
2. Then within a few days the market plot shows a change.
3. Full confirmation with Sector rotation.

Also in the Market log are the U.S. , WAL and GS, and DTS.

US and WAL tend to be a 1,2 early warning, (Values of 75 or greater) and day to day changes in GS and DTS also provide a good indication to internal changes.