The average weekly distribution level is -7.22% oversold.
The Distribution Report below places Major Market ETFs and Indices into a bell curve style table based upon their current location on their 10-week trading band. The middle of the bell curve represents areas of the market that are "normally" distributed, with the far right being 100% overbought on a weekly distribution and the far left being 100% oversold on a weekly distribution. The weekly distribution ranges are calculated at the end of each week, while the placement within that range will fluctuate during the week. In addition to information regarding the statistical distribution of these market indexes, a symbol that is in UPPER CASE indicates that the RS chart is on a Buy Signal. If the symbol is dark Green then the stock is on a Point & Figure buy signal, and if the symbol is bright Red then it is on a Point & Figure sell signal. Box Color indicates the Sector Status Rating. Green = Favored, Yellow = Average, and Red = Unfavored.
The average Bullish Percent reading this week is 47.45% down 1.83% from the previous week
| <--100 | -100--80 | -80--60 | -60--40 | -40--20 | -20-0 | 0-20 | 20-40 | 40-60 | 60-80 | 80-100 | 100-> | |||
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Legend:
| Symbol | Name | Symbol | Name |
| AGG | iShares US Core Bond ETF | NASD | Nasdaq Composite |
| CL/ | Crude Oil Continuous | NDX | NASDAQ-100 Index |
| DJIA | Dow Jones Industrial Average | RSP | Guggenheim S&P 500 Equal Weight ETF |
| DVY | iShares Dow Jones Select Dividend Index | RUT | Russell 2000 Index |
| DX/Y | NYCE U.S.Dollar Index Spot | SHY | iShares Barclays 1-3 Year Tres. Bond Fund |
| EFA | iSharesMSCI EAFE Index Fund | SML | S&P 600 Small Cap Index |
| FXE | CurrencyShares Euro Trust | SPX | S & P 500 Index |
| GC/ | Gold Continuous | TLT | iShares Barclays 20+ Year Treasury Bond Fund |
| GSG | iShares S&P GSCI Commodity-Indexed Trust | UV/Y | Continuous Commodity Index |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | VOOG | Vanguard S&P 500 Growth ETF |
| ICF | iShares Cohen & Steers Realty Index | VOOV | Vanguard S&P 500 Value ETF |
| IEF | iShares Barclays 7-10 Yr. Tres. Bond Fund | VWO | Vanguard FTSE Emerging Markets ETF |
| LQD | iShares iBoxx $ Investment Grade Corp. | XLG | Guggenheim S&P 500 Top 50 ETF |
| MID | S&P 400 MidCap Index |
