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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who wrote (1096)4/29/2002 4:06:01 PM
From: TechTrader42   of 1487
 
After the close:

ST Naz CI: 0.000 30.945
MT Naz CI: 0.000 25.959
LT Naz CI: 49.087 65.525

ST S&P CI: 3.401 1.916
MT S&P CI: 3.401 1.916
LT S&P CI: 34.480 47.783

The NDX looks really dicey now. On the weekly chart, the next major support level seems to be the Sept. low. Maybe there's a last handgrip at 1216. I rilly don't know.

The LT CI's still aren't in oversold territory. Gettin' there, but not there yet.
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