<font color=green>The Indexes - Wednesday, October 17th
Despite another depressing down day in the markets, there's a new Buy Signal tonight.
The only change today was with the TSE300 Daily Index.
It moved back into a buy from yesterday's hold signal.
Index Period - Weekend | After Monday | After Tuesday | After Wednesday
Dow Weekly - Sell | Sell | Sell | Sell
Dow Daily - Buy | Buy | Buy | Buy
Nasdaq Weekly - Sell | Sell | Sell | Sell
Nasdaq Daily - Buy | Buy | Buy | Buy
TSE Weekly - Sell | Sell | Sell | Sell
TSE Daily - Hold | Hold | Hold | Buy
Gold Bugs Weekly - Buy | Hold | Buy | Buy
Gold Bugs Daily - Sell | Sell | Sell | Sell
Oil & Gas Weekly - Buy | Buy | Buy | Buy
Oil & Gas Daily - Buy | Buy | Buy | Buy
On the TSE300 Daily, you can see the +DI moved above the -DI, again confirming the Buy Signal of the price over the 20day MA.
stockcharts.com[e,a]dallyimy[dc][pb20][vc60][iud20!ub14!ll14!la12,26,9!lp14,3,3!lc20][J1082381,Y]
On the Gold Bugs Daily, you can see that the DMI lines almost had a positive cross today. That would have moved the GB Daily into a Hold.
stockcharts.com[e,a]dallyimy[dc][pb20][vc60][iud20!ub14!ll14!la12,26,9!lp14,3,3!lc20][J1218073,Y]
Cush |
