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

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To: donald sew who wrote (30505)9/21/2000 12:30:02 PM
From: Galirayo  Read Replies (1) of 42787
 
[ SPX Trendline ] Don .. I agree ..

The Trendline Break is not a Good Signal.

I'm looking at a few things in the SPX Chart that has my attention.

One of the 1st things I see that I like in the SPX is the little wiggle in the Slow Stoch Line. They are usually pretty accurate. See the Dates of .. 10/13/99 .. 12/09/99 ... 01/28/00 .. 02/23/00 ... 05/23/00 .. 06/27/00 .. 09/12/00.

This wiggle is normally accompanied by an Upward moving Slow MACD. This is happening currently.

Also on those dates .. well some of them ... the Price has broken out of the Bottom of the 1 year LRG. Which is usually followed by a Rebound to the UpSide. We have that break today.

Looks like a consistent pattern to me. Take a look and let me know if you see this. I value your opinion .. That is why I'm here reading.

Cheers!

Ray
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