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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Cush who started this subject11/18/2000 3:22:27 PM
From: Cush   of 5144
 
The Nasdaq first, this weekend
stockcharts.com[W,A]DACLYIMY[DC][PB10!B50!B200!H.02,.20][VC60][IUB14!LA12,26,9!LP14,3,3!LC20]

I follow the Nasdaq chart because I feel it's a good indicator of the overall trend in techs.

I don't think this chart looks good for those of us looking for a rally.

MACD momentum lines and histogram are trending negative. No buy signal that I can see.

Stochastic and CMF have both turned negative.

Looks to me like we're still in a down trend.
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