SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ron Dior who wrote (60161)5/2/2002 12:36:14 AM
From: Les H   of 99280
 
12/25/9 MACD would've kept you in the SPX in the 60-minute time frame since Tuesday morning. It's still long at this time. His settings would've required a sell and then a repurchase. Also, the 21p stochastic is just getting overbought now. Again, he uses much shorter settings. The 14p Wilder RSI still has a little more to run to get to 70.

Interesting thing about today's rally was that more volume went out of stocks that fell today in the S&P 500 than into stocks that went up. One would normally expect a weaker point-size gain in the S&P 500. One could interpret that negatively or expect that the market needs one or more big positive breadth days of 2-to-1 or more to finish this rally.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext