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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%4:00 PM EST
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To: Vitas who wrote (17925)6/20/1999 1:44:00 AM
From: Doug R  Read Replies (1) of 99985
 
Vitas,

Here's something that you may find useful applied to the S&P 500:

(SMI(2,1,2)+SMI(3,2,1)+SMI(4,2,3)+SMI(5,3,5)+SMI(8,21,13)+SMI(13,25,2))
That's displayed on the same pane as a 5 dEMA of the same:
MOV(SMI(2,1,2)+SMI(3,2,1)+SMI(4,2,3)+SMI(5,3,5)+SMI(8,21,13)+SMI(13,25,2),5,e)

MACD on the S&P is also something to watch here...it's trying to countermand the momentum warning.

Doug R
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