Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.89

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Dec 3 4:00 PM EST

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To: Johnny Canuck who wrote (42615)	9/10/2005 2:12:38 PM
From: JR Wolansky	Read Replies (1) of 68586

I watch the market averages vis-a-vis the Aroon Oscillator, which in the past has been a good predictor of upcoming moves. Currently, the aroon oscillator for the daily Dow Jones, S&P and Nasdaq Composite is very, very bullish in that it is putting in a low, and getting ready to shoot up, while the market has been moving up. I don't know how high the markets may go, but I think we are in for a nice ride up. JR

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