2011 Intraday "Correction" Statistics 08/04/11

Make sure you check out my:

• August 4 Chart of AAII Bulls-Bears Sentiment Indicator

S&P500 Data - More S&P500 Charts

Last Market High 05/02/11 at 1,370.58
Last Market low 08/04/11 at 1,199.54
Current S&P500 Price =  1,200.07
Decline in Points = 170.51
Decline in percent = 12.4%
Max Decline = 12.5% 

Since the decline in the S&P500 is less than 20% and the 50-DMA is still above the 200-DMA, it is still officially a correction in a bull market.

• This means the decline from intraday high to intraday low is 12.5% and we are currently 12.4% off the peak.
• The decline in the S&P500 from the closing high to the closing low was 12.0% 

More S&P500 Charts & August 4 Chart of AAII Bulls-Bears Sentiment Indicator

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