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S&P 500 & DOW 5 charts


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#1 mss

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Posted 17 April 2004 - 09:27 AM

Not much has changed but more weakness and time is running out for a clear direction signal, up-down-consolidation-sideways. IMHO it will be up or down with the odds in favor of down at the present. :o mss
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As always comments and suggestions are welcome,mss :D
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#2 hiker

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Posted 17 April 2004 - 09:50 AM

mss - thanks for the updates. :D

#3 dollarbear

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Posted 18 April 2004 - 06:19 PM

substantial wekaness in breadth indicators on latest run higher makes me suspect it was mostly short covering and wallstreet is distributing shares to the little guy... espec tech clearly money shifting tech> consumer staples, tech>drugs, tech>energy here... i'm guessing bounce into greenspan dovish testimony then lower to 10k dow which means exactly the opposite will happen!