Market Monitor is an early indicator of any major change in trend. It also indicates a safe period to trade. The system has been designed by Pradeep Bonde. Please visit www.stockbee.biz or http://stockbee.blogspot.com for more information.
The colour scheme is self explanatory itself. Green indicates safe period, orange is cautious and red is alert zone. Avoid any trading during the alert period.
The major indicator is 65 days. Any reversal in this ratio indicates start of bull or bear phase. Stocks down 25% in 65 days below 200 indicates a major correction around the corner. Stocks up 25% in 65 days below 200 indicates start of bear phase. Above 200 and ratio > 1 indicates bull phase.
Number of stocks up 4% up or down above 50 indicates high volatility.
Number of stocks up 50% above 20 indicates a correction around the corner.
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