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Index Trends 7/22/04


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#1 Porter

Porter

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Posted 23 July 2004 - 07:02 AM

Monthly Trend Value 0 (mixed) Weekly Trend Value 2 (trading range) Daily Trend Value -11 (running downtrend) 45-minTrend Value -8 (trending down) Turtle Trend (LT) -4 (running downtrend) SPU Trend ..........Q......M.....W.....D.....45' SPU....U......U......U.....D......D Value..2......1......1......-3......-2 ------------ SHORT TERM TRENDS Opening Range Trend Daily--Up Weekly--Down Monthly--Down Globex 45-min Trend Down 135-min Trend Down ------------- Keltner Band Trend 10-day Down 7-day Down 2-day Neutral ----------- 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%) Up Stox (NAZ9%) Up Junk (ML1%) Up --------------- Intermediate Momentum Indicators NY ITBM Down NY 10D NH% Down ND 10D DEAD Down NY Vol McSum Down ND Vol McSum Down Seven Sentinals ...TrinQ Buy ...TrinY Buy ...NAMO Sell ...NYMO Sell ...NAHL Sell ...NYHL Sell ...BPCompQ Sell Commentary Lower Highs and Lower Lows show a downtrending market Daily and Hourly. The Nasdaq Comp is testing its May low. Porter