No replies to this topic

[Porter]

Monthly Trend Value 12 (running uptrend) Weekly Trend Value 8 (trending up) Daily Trend Value -2 (questionable) 45-min Trend Value -12 (running downtrend) Turtle Trend (LT) 4 (running uptrend) SPZ Trend ..........Q......M.....W.....D.....45' SPZ....U......U......U.....U......D Value..3......3......2......0.....-3 ------------ SHORT TERM TRENDS Opening Range Trend Daily--Down Weekly--Down Globex 45-min Trend Down 135-min Trend Down ------------------ Bollinger Band Trend 10-day Neutral 7-day Down ----------- Moving Average Trend Mason-Dixon (NDX 200H) neutral Gator (SPX 13D+8) Up Mallory (NYA 49D) Up Chandelier Trend Zweig (MID5%) Up Stox (NazComp3%) Up Stox (NazComp9%) Up Junk (ML1%) Up --------------- Intermediate Momentum Indicators NY ITBM Down NY 10D NH% Up ND 10D DEAD Down ND BP RSI Down NY Vol McSum Down ND Vol McSum Down Oversold All 4 indices are in a running 45-min downtrend. Comments All four indices are attempting to turn the Daily trend down and will likely do so tomorrow. Once again all 4 indices are in a 45-min running downtrend which will likely be relieved by a ST bounce. Note: The Mason-Dixon line is at 1376.5/NDX and is a likely place for support. Porter