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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.

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To: Matthew L. Jones who wrote (1271)10/7/1999 11:31:00 AM
From: OX  Read Replies (2) of 2103
 
I don't use hourly charts. On dailys, I guess it depends on what settings you use on indicators. I normally use 5,3 on slow stochastics and QQQ just entered OB region.
MACD looks good. RSI(14) is up to about 65.
PnF will signal a double top buy at 128: 3rd in a series of buys. 128 however is the top of 1 std dev band on a 10wk trading band (10wk band courtesy of DWA).
I'm not one to buy at the top of regions, so I'll wait for some pullback and hope it comes.
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