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 : Ask DrBob
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Drbob512 who started this subject5/10/2001 12:48:02 PM
From: Drbob512  Read Replies (2) of 100058
 
***** TA Update (intra-day) *****

The Nasdaq has turned negative after it's early morning rally, as it filled the gap. The TRIN is a mildly negative 1.31, but it was positive earlier. A/D is now 19/16 after having been better, and up/down volume is negative at 19/20, with overall volume moderate at 940K shares, which projects to around 1.9-2.0B shares, slightly higher than the prior 3 sessions.

The Dow is faring better than the Nasdaq but it has not broken above 11,000 yet. The NYSE TRIN is a positive .81 and breadth is positive.

It would be technically quite negative in the very near term for the Nasdaq a/d to turn negative and for the up/down volume to get more negative. The a/d is currently positive at this time and needs to be watched carefully as the technical buy signal of April 18th is still in effect.

For now, the markets are in neutral in the near term and the short-intermediate term remains slightly positive.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News