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Strategies & Market Trends : Group Theories

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To: macavity who wrote (760)10/22/2003 10:24:13 AM
From: macavity  Read Replies (1) of 1017
 
ST Outlook : US Market Indices.

Bit late now.
DAILY charts have turned down at the open so things are BEAR.
With WEEKLY charts pointing down for $NDX, $COMP, and $SPX then there is probably a fair bit of downside.
$SPX already hit a new low for the week and is clearly below the 55period EMA on 'HOURLY' Charts.

-macavity
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