Monthly Trend Value 12 (running uptrend)
Weekly Trend Value 8 (trending up)
Daily Trend Value -3 (mixed)
45-min Trend Value -5 (weakly trending down)
Turtle Trend (LT) 4 (running uptrend)
SPH Trend
..........Q......M.....W.....D.....45'
SPH....U......U......U.....U......D
Value..3......3......3......1.....-1
------------
SHORT TERM TRENDS
Opening Range Trend
Daily--Neutral
Weekly--Down
Globex
45-min Trend Down
135-min Trend Questionable
-------------
Bollinger Band Trend
10-day Up
7-day Neutral
-----------
Moving Average Trend
Mason-Dixon (NDX 200H) Down
Gator (SPX 13D+8) Up
Mallory (NYA 49D) Up
SB (SPX 75D) Up
Chandelier Trend
Zweig (MID5%) Up
Stox (NAZ9%) Up
Junk (ML1%) Down
---------------
Intermediate Momentum Indicators
NY ITBM Down
NY 10D NH% Up
ND 10D DEAD Down
ND BP RSI Down
NY Vol McSum Down
ND Vol McSum Down
Oversold
McClellan Oscillator -158
Comments
The Merrill Lynch High Yield Corporate Bond index has been down 5 days in a row.
It has gone down more than 1%.
This correlates with the poor breadth readings.
Breadth is no longer supporting the market.
Porter
Index Trends 1/30/04
Started by
Porter
, Jan 31 2004 08:02 AM
No replies to this topic