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Strategies & Market Trends : KEEP IT SIMPLE TRADING

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To: mistermj who wrote (309)	5/18/2004 9:36:41 PM
From: Nutty Buddy	Read Replies (1) of 321

Hi M and all, I've been daily tracking ETFs and a few other sectors for a while now. I utilize Excel to color code Weekly MACD conditions on a daily basis for those groups that I follow. This keeps me from having to flip through chart after chart to spot an interesting MACD situation. The tables use 4 main colors for Weekly MACD cycle conditions: Green - MACD line rising and above the signal (bullish)(The darker, the stronger the relative MACD line rise) Red - MACD line falling but above the signal (breaking down) Blue - MACD line falling and below the signal (bearish)(The darker, the stronger the relative MACD line fall) Purple - MACD line rising but below the signal (turning positive) I have stocks of a similar Weekly MACD condition sorted together. The current date is the rightmost date column. 22 previous trading days of conditions run to the left of the current date so you are looking at a month of daily trends: ETFs: home.mindspring.com Semiconductor Equipment Stocks: home.mindspring.com Semiconductor Manufacturing Stocks: home.mindspring.com Software Stocks: home.mindspring.com REITs: home.mindspring.com NASDAQ 100 Components: home.mindspring.com S&P 500 Components: home.mindspring.com S&P 400 MidCap Components: home.mindspring.com S&P 600 SmallCap Components: home.mindspring.com 250 Stocks I follow (my original group): home.mindspring.com The "Power" column (some tables) reflects volume power relative to the market for the 5 most current trading days. Green normally represents strong relative upward volume strength for the period while red represents strong relative downward volume strength. Tables without the "Power" column show the actual 5 day up or down percent of average volume trend. 50 Day Avg Daily Dollar Volume takes the midpoint trading range of each trading day and multiplies it by that day's volume and averages the sum of the last 50 trading days. This along with the closing price help address liquidity concerns. After Friday's close, ALL 108 ETF's had falling Weekly MACD conditions below the signal (blue) and remain so as of today's close. I have another table I update weekly that applies this condition to 198 sectors. As of Friday's close, only 6 of the 198 sectors have Weekly MACD lines above the signal. Of those 6, 5 have dropping Weekly MACD lines: home.mindspring.com I update many more colorful tables daily which can be accessed from my home page: home.mindspring.com I value feedback. If you have any suggestions, request for additions/deletions, etc., feel free to email me or post them here. Buddy

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