SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TradeOfTheDay who wrote (22530)11/4/1998 2:00:00 AM
From: Magnatizer  Read Replies (2) of 79460
 
Market magnets

Note: on all indexes I am seeing some possibility of a base/decline
starting late this week, early next.

DJ30: I will buy dips below 8561 neutral zone. Will know better
when dip comes where target for bottom will be but right now I am
favoring low 8000s. If it does run through overhead uptrends we will
be breaking out big time

Nasd comp: Looking for pullback to 1600s

SP500: 1061 trendline may be pretty stiff. SP5 looks to be the
strongest index of the three. It may just make a run at 1200 pretty
soon. If it gaps over 1116.1 tomorrow HANG ON. It could decide
to pop to 1200 sooner than expected. Market is running through
overbought indicators right now.

Mon Tue Wedn Thur Fri
DOW 30 Close 8592 8706 8706
day prior

Monday Friday
(if sloped)
7511 7406 -1081 -1221 -1248 7432 7406
7636 7646 -956 -1068 -1065 7644 7646
7724 -868 -982 -982 7724 7724
7933 -659 -773 -773 7933 7933
8084 8101 -508 -618 -614 8097 8101
8143 -450 -564 -564 8143 8143
8352 -240 -354 -354 8352 8352
8561 -31 -145 -145 8561 8561
8770 178 64 64 8770 8770
8867 8888 275 166 172 8883 8888
8894 8915 302 193 199 8910 8915
8980 388 274 274 8980 8980
9012 9034 420 312 317 9029 9034








Nasdaq Close 1771 1801 1788
day prior

Monday Friday
1402 1404 -369 -399 -385 1404 1404
1438 1435 -333 -364 -352 1436 1435
1478 -293 -323 -310 1478 1478
1528 -243 -273 -260 1528 1528
1550 -221 -251 -238 1550 1550
1576 1564 -195 -228 -218 1567 1564
1615 1608 -156 -188 -177 1610 1608
1622 -149 -179 -166 1622 1622
1634 1612 -137 -173 -165 1618 1612
1694 -77 -107 -94 1694 1694
1766 -5 -35 -22 1766 1766
1783 12 -19 -6 1783 1783
1846 75 45 58 58 1846
1910 139 109 122 1910 1910


SP500 Close 1099 1111 1111
day prior

Monday Friday

946 947 -153 -165 -165 947 947
978 -121 -133 -133 978 978
1006 1007 -93 -105 -105 1007 1007
1015 1018 -84 -95 -95 1017 1018
1024 -75 -87 -87 1024 1024
1022 1025 -77 -88 -88 1024 1025
1031 1032 -68 -80 -80 1032 1032
1042 -57 -69 -69 1042 1042
1061 1063 -38 -50 -49 1063 1063
1070 -29 -41 -41 1070 1070
1116 17 5 5 1116 1116
1162 63 51 51 1162 1162
1200 1203 101 90 91 1202 1203

ht
david
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext