Monthly Trend Value 12 (running uptrend)
Weekly Trend Value 8 (trending up)
Daily Trend Value 0 (mixed)
45-min Trend Value -12 (running downtrend)
ST Moving Av Trend Val -16 (running downtrend)
Turtle Trend (LT) 4 (running uptrend)
SPU Trend
..........Q......M.....W.....D.....45'
SPU....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
------------------
Momentum Trends
TMom Neutral
HMom Up
-----------------
Bollinger Band Trend
10-day Neutral
7-day Neutral
3-day Down
1-day Down
1/2--day Down
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Moving Average Trend
Mason-Dixon (NDX 200H) Neutral
Gator (SPX 13D+8) Neutral
Mallory (NYA 49D) Up
Zweig (MID5%) Up
Junk (ML1%) Up
---------------
Intermediate Momentum Indicators
NY ITBM Down
NY 10D NH% Up
NY Vol McSum Down
ND Vol McSum Down
Oversold
Trin 2.39
Running 45-min downtrend on all 4 indices
Comments
The 45-min trend has turned down, so much so it represents an oversold condition.
A bounce off the oversold condition is likely.
The Questionable Daily trend and the Neutral Gator and Mason-Dixon also indicate a muddled trend picture.
From a trend point of view it is best to wait for trends to resolve.
Porter
Index Trends 9/24/03
Started by
Porter
, Sep 25 2003 04:52 AM
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