MDA - Market Direction Analysis Message Board

STOCKTALK

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 670.97

+0.1%

Nov 7 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bobby beara who wrote (38650)	1/31/2000 11:18:00 AM
From: Les H	Read Replies (1) of 99985

It's not surprising. The NDX has severely weakened in breadth as well. I run a weekly scan of distribution of the NDX by 14-day Wilder RSI. Nasdaq 100 S&P 100 Strongest (RSI >= 90) 0 0 Stronger (RSI >= 70) 0 1 Strong (RSI >= 50) 34 22 Weak (RSI < 50) 62 69 Weaker (RSI <= 30) 4 8 Weakest (RSI <= 10) 0 0

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next