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 : MARKET INDEX TECHNICAL ANALYSIS - MITA

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J.T. who wrote (7288)3/19/2001 9:25:12 AM
From: J.T.  Read Replies (3) of 19219
 
Rydex Total Assets Update for Friday, March 16th

Regular Series:

SPX Long - NOVA 260.4 Million**new 52 week low
SPX Short- URSA 252.8 Million

NDX Long - OTC 1,165 BILLION**new 52 week low
NDX Short- Arktos 86.6 Million

XAU Precious Metals 32.2 Million**new 2 1/2 week low
Banking 35.5 Million**near 5 month low
Biotechnology 309.9 Million**new 52 week low
Money Market 1,621 BILLION**double oversold

*******************************************

Dynamic Series (200% correlation)

SPX Long - TITAN 58.6 Million
SPX Short- TEMPEST 40.9 Million

NDX Long - VELOCITY 89.9 Million**3 1/2 month low
NDX Short- VENTURE 42.6 Million

*********************************************

CBOE Equity Index/ Total Put Call Ratio closed at a 1 year high at 1.06 to the best of my knowledge. BULLISH.

Rydex NOVA/URSA Total Assets( 260.4/ 252.8) long/short ratio at levels not seen since October 1998 but falls just shy of inversion.

SPX closed below my critical support at SPX 1,160 to close at SPX 1150.53. Today we find out if this is a one day false downside break below 1160 or confirmation that Fridays close was valid. Most stringent test the 21 day rsi on spx closed right on oversold 30.77. Many other indices including the DOW, NDX and COMP all below 35 on 21 day rsi. Rarely do these indices get to 30 or lower on the 21 day test.

I remain...

Regular Series- 100% Long XAU Precious Metals
Dynamic Series- 100% Long SPX TITAN

Best Regards, J.T.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext