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Strategies & Market Trends : The Stock Market Bubble
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To: R Stevens who wrote (687)6/23/1998 11:08:00 PM
From: Les H  Read Replies (1) of 3339
 
I plot it in AIQ using the breadth data I get.
You can view it on the web site decisionpoint.com
where they have TRIN and a number of other breadth plots.
The ADR/X and DMI also gave an uptrend signal today for NASDAQ
today (i.e., ADR/X > 25 and DMI cross above 0). ADR/X and DMI
are weak for Dow and S&P. If the Dow can move above the 28-day
mov avg (AIQ's basis for price channel) which it is 55 points below,
it will join the OTC and S&P in the upper part of its respective price
channel.
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