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Strategies & Market Trends : Group Theories
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To: macavity who wrote (781)10/31/2003 6:03:35 AM
From: macavity  Read Replies (1) of 1017
 
ST Outlook: US Market Indices.

Have not posted over past days.
ST Signals was BULL.

ST Outlook: BULL/#NA from BULL/BULL
BULLISH while above ST_PVTLOWS



	MO	PVT	PVTHIGH	PVTLOW
$SPX	BULL	#N/A	1052.82	1043.82
$OEX	BULL	BEAR	520.99 	516.37
$COMP	BULL	#N/A	1957.53	1929.77
$NDX	BULL	#N/A	1437.76	1413.57
$INDU	BULL	BULL	9838.76	9754.01


ST1_MO remains positive.
ST1_TRENDOSCILLATORS are not yet at o/bt and there is still 'wiggle room' to go higher.

Intraday:
Pattern is inconclusive(to me anyway).
'HOURLY stochs are trending down, but the overall pattern in 'HOURLY charts is a broadening one.
The Nazzdogs did appear to turn their 'HOURLY - ST2 - PIVOTCHARTS down, but I do not see the same in the Spoos.
This makes it hard for me to read.
We jump up and then reverse down, but no follow through.

So ST bullish while $SPX > 1043.

-macavity
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