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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Cush who wrote (4207)2/26/2002 7:07:21 PM
From: Cush  Read Replies (1) of 5144
 
<font color=green>The Indexes - Tuesday

Charts are updated on my web site, under Index Charts.

www3.sympatico.ca

Oh those gold stocks in Toronto.

The TSE300 Daily moved all the way from a Sell Signal to a Buy Signal, today.

That was the only change in the signals, but it's worth noting that the Dow Weekly is poised to move from a Hold Signal into a Buy Signal. The price cross of the 20 week Moving Average hasn't been confirmed by the DMI, yet, but the ADX, +DI and -DI have now converged onto one molecule. Any strength in the Dow tomorrow would likely trigger a Buy signal on the Weekly.
Keep in mind, I'm referring to the Dow Weekly Chart.
The really valid signal, on this chart, will be generated on Friday.

Cush
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