Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: hotlinktuna who wrote (36688)	3/4/2002 9:51:52 AM
From: r.edwards	Read Replies (1) of 99280

In marking out Fridays upside gains, the market also managed to close above the 100-Day moving average for the first time since mid-February and above the 50-Day moving average for the first time since Early January. S&P futures have also marked a change in their short-term bias since Fridays action, with momentum readings having broken higher and pointing to a more bullish tone in the market. Initial upside targets are set at the 1160.00 level for this move, with a close below the 1105.00 level needed to negate the markets bullish tone. Close: 1132.50 Simple Moving Average: 9-Day: 1102.633 18-Day: 1101.527 40-Day: 1121.421 Momentum 9-Day: 102.5072 18-Day: 103.3963 40-Day: 98.1369 Stochastic (Slow) 9-Day: %K: 68.4520 %D: 53.3708 18-Day: %K: 64.0196 %D: 40.9408 20-Day: %K: 59.3768 %D: 38.4324 Directional Indicator ADX +DI -DI 9-Day: 6.7147 20.2333 12.8803 18-Day: 37.0174 20.9194 14.1402 20-Day: 37.6721 18.5309 19.6134 Relative Strength 9-Day: 60.9659 14-Day: 60.7271

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