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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Monty Lenard who wrote (35478)5/6/2002 3:58:40 PM
From: TechTrader42  Read Replies (1) of 52237
 
They're getting a shellacking. We've been watching 1053 for a while as a possible support level for the S&P. Note, though, that the complacency indexes for the S&P aren't even at the oversold level yet (below 30):

ST S&P CI: 31.934 50.817
MT S&P CI: 27.880 44.764
LT S&P CI: 48.869 60.543

The Naz is oversold and shooting for the 1558 level of support:

ST Naz CI: 0.177 9.905
MT Naz CI: 0.177 9.905
LT Naz CI: 26.998 42.580

The Naz CI's are now oversold in all time frames. But the LT CI has a ways to go, I suppose.
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