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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (30675)7/3/1999 12:36:00 AM
From: Magnatizer  Read Replies (3) of 79240
 
Market magnets 7.6.99

geocities.com

Tuesday is Tuesday as Mondays values are from 7.2

Notes

Dow: Signaled Friday so the focus goes to the newest mag tline (11059 utrend). Weekly hold rating.

Nasdaq: Weekly buy.

SP500: Weekly buy rating. Looks like it has a upside bias into the July 30 tline cross.

Nas100: Weekly buy rating.

I feel next week will be a bit choppy as some of the overheated technicals reset prior to the next leg up. All major indexes have now given mag signals recently so they have no immediate "goal".

ht
david
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