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 : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: donald sew who wrote (23542)8/21/1999 10:38:00 AM
From: James Strauss  Read Replies (1) of 99985
 
Don:

Good observations about New Highs/New Lows...

A look at the 10 day MA Differential shows an up movement...
decisionpoint.com

A look above that shows the Number of New Highs rising while the number of New Low shrinking... While not a perfect fit, there is a reasonable correlation between this 10 day MA and the NYSE composite... A continuation to the 0 line and above would be very positive...

The major averages continue to bounce off support trendlines...
decisionpoint.com

And most importantly, those trendlines are angled up...

After Alan Greenspan Does his thing on Tuesday I'm expecting the market to move up on increasing volume...

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext