Monthly Trend Value 12 (running uptrend)
Weekly Trend Value 12 (running uptrend)
Daily Trend Value 10 (trending up)
45-min Trend Value 11 (running uptrend)
Turtle Trend (LT) 4 (running uptrend)
SPH Trend
..........Q......M.....W.....D.....45'
SPH....U......U......U.....U......U
Value..3......3......3...... 2.....3
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SHORT TERM TRENDS
Opening Range Trend
Daily--Up
Weekly--Up
Globex
45-min Trend Up
135-min Trend Up
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Bollinger Band Trend
10-day Up
7-day Up
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Moving Average Trend
Mason-Dixon (NDX 200H) Up
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 Up
NY Vol McSum Up
ND Vol McSum Up
Overbought
STIX 59.5
YStix Vol 61.7
QStix Vol 60.4
Comments
The NYA, SPX, and Compx made new rally highs.
The MID made a record high.
The Merrill Lynch High Yield Corporate Bond index made a record high with a big gain.
The NYSE Stix Volume indicator is very overbought.
The only higher readings were 6/13/97 and 6/5/03.
Such huge overbought conditions represent strong momentum.
Porter
Index Trends 1/6/04
Started by
Porter
, Jan 06 2004 10:47 PM
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