Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: Triffin who wrote (1184)	5/8/2002 4:18:31 PM
From: TechTrader42	Read Replies (1) of 1487

Even Tyler seems to have dipped his head in a bucket of bleach, Triffin. The Hair-dex is off the charts today. They must have all been told to lighten up for the new primary bull market. And Mary now -- a new lighter look there, too. They must have been given a group rate at the corner salon. With the Naz, note the resistance near the middle B band, at 1708. It needs to break through that. The next test would be 1784, the 50 SMA. With the Dow, 10,276 is the level of the 50 -- a big resistance level. The SPX is very near the middle B. band, a resistance level -- at 1093. If it can break through that, it could head toward the 200 SMA at 1125. Longer-term MACD reversal signals for the indexes (reversing back up). The gap in the Naz adds an interesting element to the mix. When will it get filled???

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