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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject4/16/2002 9:59:16 AM
From: TechTrader42   of 1487
 
The Naz CI gave an end-of-day bottoming-out buy signal on 4/11, hitting 1.45. That's a stronger signal than an intraday signal. The S&P CI has given intraday signals near 0 (more than a week ago) and end-of day reversal signals (higher CI than previous day). But the S&P hasn't bottomed out near 0 in the ST recently. The closest it came was 4/10, at 12.011.

Here are values for today, yesterday and Friday:

ST Naz CI: 43.921 29.777 18.114
MT Naz CI: 43.921 29.777 18.114
LT Naz CI: 75.055 68.764 70.390

ST S&P CI: 45.870 23.696 30.000
MT S&P CI: 45.870 23.696 30.000
LT S&P CI: 77.466 68.235 70.860
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