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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 689.100.0%Jan 23 4:00 PM EST
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To: Logain Ablar who wrote (42810)11/23/2005 3:12:05 AM
From: Johnny Canuck  Read Replies (2) of 69967
 
Thanks Tim.

You follow these indicators more closely than I do.
Do you need the other indices to do a three
box reversal back to 'X' s to indicate a rally
is in progress?

The NYSE is reversing off of a neutral area (reading
in the 50's) as opposed to an extremely undersold
condition (less than 20) . I would expect this be an intermediate term bounce at the most based on your system?
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