sell signal remains in effect. INDU should bottom near the lower 4% envelope.
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=6&dy=0&i=p23242174874&r=5986.png
NYSE 21 day adv/declines remains weak
http://stockcharts.com/c-sc/sc?s=$NYAD&p=D&yr=0&mn=6&dy=0&i=p50966274753&r=2413.png
also confirmed by NYSE 21 day up/down volume
http://stockcharts.com/c-sc/sc?s=$NYUD&p=D&yr=0&mn=6&dy=0&i=p50966274753&r=6665.png
INDU
Started by
airedale88
, Jun 30 2007 01:28 PM
4 replies to this topic
#1
Posted 30 June 2007 - 01:28 PM
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#2
Posted 30 June 2007 - 07:29 PM
sell signal remains in effect. INDU should bottom near the lower 4% envelope.
Hi, what indicator are you plotting there? I've never seen a chart like that. Thanks.
#3
Posted 01 July 2007 - 02:51 PM
it's a 21 day simple moving average of the daily NYSE advances minus declines.
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#4
Posted 01 July 2007 - 03:04 PM
is defintely bothersome that the NYUD is moving sharply lower despite the double bottom in price.
ari, you expect the envelopes to be tested by end of july?
“be right and sit tight”
#5
Posted 01 July 2007 - 03:17 PM
yes, at the expected nest of cycle lows.
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England