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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Lee Lichterman III who wrote (20261)7/16/1999 8:53:00 AM
From: Les H  Read Replies (1) of 99985
 
I use a 10 day TRIN. I use the 5-day TRIN with the 5-day RSI fo shorter term. The most bullish indicator so far has been the HILO indicator which has been in new highs for two weeks. I was following FPP (Paper) for a potential breakout play with GP (Georgia Pacific). I was also following CEX (Chemical) which still looks like a possible rally. It's being held up by DD (Dupont) and EMN (Eastman) while UK (Union Carbide) and DOW (Dow) are breaking down.
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