Market breadth confirms the bounce

	Market Monitor Market monitor is market breadth based market timing tool		Current Readings Bullish. Market is rebounding post a correction.
Type	Indicator	Value	Comments
Daily	# of stocks up >4% on high volume	483	66 stocks with 100 million plus dollar volume.(M$V)
Daily	# of stocks down>4% on high volume	85	3 stocks with 100 million plus M$V
Primary	# of stocks up >25% in a quarter	1032	We are back in positive territory. This market has had corrections , but they have been brief affair.
Primary	# of stocks down>25% in a quarter	517
Secondary	# of stocks up> 50% in a month	6
Secondary	# of stocks down>50% in a month	2
Secondary	# of stocks up>25% in a month	44
Secondary	# of stocks down>25% in a month	77
Primary fast	# of stocks up>13% in 34 days	1308
Primary fast	# of stocks down>13% in 34 days	1137
MMA+	% of stocks in confirmed uptrend	32
MMA-	% of stocks in confirmed downtrend	36
10 day cumulative breadth ratio	#of stocks up> 4% in last 10 days/ #of stocks down>4% in last 10 days	0.70	There are two big 1152 and 854 negative day in last 10 days. In next 2-3 days they will drop from cumulative total and this ratio would show 2 plus breadth thrust.