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Strategies & Market Trends : The Market Beacons
SPY 689.58-0.3%Jan 7 4:00 PM EST

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To: cgw1948 who wrote (982)6/3/2001 10:28:11 PM
From: Magnatizer   of 1298
 
cgw

The short term indicators I use are widely known.

CCI (standard) 6

RSI 3

And a Moving Linear Regression (MLR) 8 with BBs (20,1.62) plotted on it.

When the MLR moves outside the BBs I consider the stock/index short term extended and I track the RSI and CCI for signals of a likely return inside the bands.

This is the series of indicators I use for the extention scan.

ht
Mag

MLR is also known as Linear Regression Slope.
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