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 : MDA - Market Direction Analysis
SPY 689.100.0%Jan 23 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HairBall who wrote (6268)2/12/1999 10:09:00 PM
From: Wildstar  Read Replies (1) of 99985
 
All,
I've updated my site regarding this weeks action in the New Highs/New Lows. Both the 20 day MA and 50 day MA of the Fraction NH are dropping like a rock.

members.xoom.com

If you look back to right after June 98 on the chart, you can see that the Dow made a new high but the 50 day MA just barely inched up, giving a leading sell signal.

Over the last two months or so, the Dow has remained in a trading range from about 9000 to 9500. During this time, both the 20 day MA and the 50 day MA of the Fraction NH have both declined.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext