http://investorshub....age_id=72128548
chart #1 in the Link displays:
#1 - weekly closes in histogram format for the NYSE Composite Index
$8071.43 = the inflection level from the prior price action, and this level now represents an important resistance level the bulls want to see become support in the future
* the weekly 34,55,1 MACD is just now breaking above the zero line, as of February 14, 2012 ... and the bulls want to see this MACD continue to advance
chart #3 in the Link displays AND notice how the 8-day sma for the daily NYAD has a first-time change for the year 2012 in its location which is now BELOW the zero line:
#3 - cumulative NYAD chart
and at the bottom of the chart are the plots of the 20-day and 8-day sma for the daily NYAD
these charts update "live" permanently in the future when you refresh your browser
- hiker
p.s. be sure you examine the 1st major 2008 intraday low for the NYSE and compare it to the $8071 level which I have selected as the now critical inflection level
Edited by hiker, 15 February 2012 - 07:20 PM.
