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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (26833)8/4/2000 4:44:55 PM
From: el paradisio  Read Replies (1) of 42787
 
Chris,I think we should include NYA in the market analysis.
NYA
siliconinvestor.com
This chart is very bullish and is missing only 7 points to blow off the top....
If the top will be taken....it will be a buy signal for overall market.
NYA is "suggesting",that we will not have any further interest hikes soon.
Here is daily chart...not upgraded yet...
As you see NYA is above 20 and 50 MA already
siliconinvestor.com
Today was a very important day for this index.
BTW,my reading is neutral on NDX momentum.
Regards,
el
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