Monthly Trend Value 12 (running uptrend)
Weekly Trend Value 9 (trending up)
Daily Trend Value 6 (weakly trending up)
45-min Trend Value 4 (mixed)
Turtle Trend (LT) 4 (running uptrend)
SPH Trend
..........Q......M.....W.....D.....45'
SPH....U......U......U.....U......U
Value..3......3......2...... 3......3
------------
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 Up
-----------
Moving Average Trend
Mason-Dixon (NDX 200H) Down
Gator (SPX 13D+8) Up
Mallory (NYA 4 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 Up
Overbought
STIX 56.8
YStix Volume 56.6
DJIA is 3.5% above its 21D SMA
Comments
The Merrill Lynch High Yield Corporate Bond index made another record high.
The NYA 5 point RPW pattern is busted.
Short term trends are mixed with the SPX/NYA Up and the NAZ and MID Down.
Most of the momentum indicators turned Up.
The McClellan Oscillator went above 70, but in doing so caused STIX to be overbought.
Nevertheless this is a postive development for the intermediate term.
Porter
Index Trends 12/18/03
Started by
Porter
, Dec 19 2003 12:15 AM
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