Monthly Trend Value 5 (trading range)
Weekly Trend Value -2 (trading range)
Daily Trend Value -11 (running downtrend)
45-min Trend Value -12 (running downtrend)
Turtle Trend (LT) -3 (trending down)
SPM Trend
..........Q......M.....W.....D.....45'
SPM....U......U......D.....D......D
Value..2......2......-1......-2......-2
------------
SHORT TERM TRENDS
Opening Range Trend
Daily--Down
Weekly--Down
Monthly--Down
Globex
45-min Trend Down
135-min Trend Down
-------------
Keltner Band Trend
10-day Neutral
7-day Down
2-day Down
-----------
Moving Average Trend
Mason-Dixon (NDX 200H) Down
Gator (SPX 13D+8) Down
Mallory (NYA 49D) Down
SB (SPX 75D) Down
Chandelier Trend
Zweig (MID5%) Down
Stox (NAZ9%) Up
Junk (ML1%) Up
---------------
Intermediate Momentum Indicators
NY ITBM Down
NY 10D NH% Down
ND 10D DEAD Down
ND BP RSI Down
NY Vol McSum Down
ND Vol McSum Down
Oversold
All 4 indices in running 45-min downtrend
Equity Put/Call -QQQ ratio 0.66
STIX 43.3
YStix Vol 42.1
QStix Vol 41.5
McClellan Oscillator -208
Nasdaq McClellan Oscillator -201
5D Trin 1.48
New Highs Daily Momentum 0.8
Comments
The market is oversold, but the March lows have yet to be touched.
Porter
Index Trends 4/30/04
Started by
Porter
, Apr 30 2004 09:07 PM
2 replies to this topic
#1
Posted 30 April 2004 - 09:07 PM
#2
Posted 02 May 2004 - 12:01 AM
So does this mean we go long ( : ????
#3
Posted 03 May 2004 - 10:28 PM
So does this mean we go long ( : ????
It depends on the timetrame that you are trading.
If your horizon is very short term, then yes.
If your horizon is longer term, I would wait.
Porter