Monthly Trend Value 12 (running uptrend)
Weekly Trend Value 9 (trending up)
Daily Trend Value 5 (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...... 3.....2
------------
SHORT TERM TRENDS
Opening Range Trend
Daily--Down
Weekly--Neutral
Globex
45-min Trend Down
135-min Trend Up
-------------
Bollinger Band Trend
10-day Neutral
7-day Up
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Moving Average Trend
Mason-Dixon (NDX 200H) Neutral
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 Down
NY 10D NH% Up
ND 10D DEAD Down
ND BP RSI Down
NY Vol McSum Down
ND Vol McSum Down
Comments
The NYA is forming a 5 point RPW.
This is a reversal pattern unless it clears the 12/9 high.
It tried to break out but closed below that high.
Short term trends are mixed with the SPX/NYA Up and the NAZ and MID Down.
Momentum indicators have turned down.
The ITBM has been whipsawing, and the McClellan Oscillator has yet to reach +70 or -70.
Porter
Index Trends 12/15/03
Started by
Porter
, Dec 16 2003 08:05 AM
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