SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ajtj99 who wrote (35059)4/29/2002 4:17:01 PM
From: TechTrader42  Read Replies (1) of 52237
 
We're looking at the same things, AJ. I was just looking at the NDX, too, and thought the same thing. (I'd just posted a note on the complacency thread.)

Anyway, let me know if you see any all-clear signs. Right now, I think it still looks very questionable. But the indexes are finally in oversold territory in the short term. The Naz ST CI is at 0, and the SPX one is close. The LT ones aren't quite at oversold levels yet.

Since 1074 was breached so decisively today by the SPX, it would seem more likely that there'll be some more uncertainty ahead, and more down days. The bounce -- if it was coming -- should have occurred there. We shall see. The SPX just looks bad. It should at least test the 1053 area. On the weekly chart, there are some MACD crossover sell signals.

In all of this, one thing is irrelevant: the bearish/bullish debate on SI. The charts are what matter.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News