Monthly Trend Value 12 (running uptrend)
Weekly Trend Value 9 (trending up)
Daily Trend Value 4 (mixed)
45-min Trend Value 1 (mixed)
Turtle Trend (LT) 4 (running uptrend)
SPZ Trend
..........Q......M.....W.....D.....45'
SPZ....U......U......U.....U......U
Value..3......3......2...... 1.....1
------------
SHORT TERM TRENDS
Opening Range Trend
Daily--Up
Weekly--Up
Globex
45-min Trend Up
135-min Trend Up
-------------
Bollinger Band Trend
10-day Neutral
7-day Neutral
-----------
Moving Average Trend
Mason-Dixon (NDX 200H) Down
Gator (SPX 13D+8) Up
Mallory (NYA 49D) Up
SB (SPX 75D) Up
Chandelier Trend
Zweig (MID5%) Up
Stox (NAZ9%) Up
Junk (ML1%) Up
---------------
Intermediate Momentum Indicators
NY ITBM Up
NY 10D NH% Up
ND 10D DEAD Up
ND BP RSI Down
NY Vol McSum Up
ND Vol McSum Down
Overbought
EPC-Q 0.44
Comments
The NYA is forming a 5 point RPW.
This is a reversal pattern unless it clears the 12/9 high.
Momentum indicators turned mixed.
Porter
Index Trends 12/12/03
Started by
Porter
, Dec 12 2003 08:39 PM
2 replies to this topic
#2
Darris
-
- Traders-Talk User
- 1,667 posts
Member
Posted 12 December 2003 - 11:17 PM
Porter, I show we printed almost 10 pts above the Dec 9th high today on the NYA. Do you still consider the 5 pt RPW in play? Thanks
#3
Porter
-
- TT Member+
- 973 posts
Member
Posted 13 December 2003 - 12:07 AM
Porter, I show we printed almost 10 pts above the Dec 9th high today on the NYA. Do you still consider the 5 pt RPW in play? Thanks
Yes, I do.
I like to look at the RPW on the 130-min chart.
What I look for is not so much how many points the intraday high is above the December 9 high, but rather how many bars clear that December 9 high.
So far the number is zero.
Porter
