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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject5/2/2002 3:41:33 PM
From: TechTrader42  Read Replies (1) of 1487
 
The Naz just set a new low for the week, but only by a fraction of a point. The Q's breached support by more than half a point. When the Naz failed at support on 4/23 by just a fraction of a point, it turned out to be significant.

Send ailing Naz sympathy cards to Upson Downs, Whipsaw City. Now for the sucker bounce and the hidden trap door, I suppose?

ST Naz CI: 13.452 21.320
MT Naz CI: 13.452 21.320
LT Naz CI: 52.454 55.993

ST S&P CI: 60.475 64.487
MT S&P CI: 53.272 56.806
LT S&P CI: 66.425 68.869
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