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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.53-1.5%Nov 20 4:00 PM EST

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To: jjs_ynot who wrote (11353)4/18/1999 2:26:00 PM
From: Les H  Read Replies (1) of 99985
 
My statistics on the OEX show the potential for a similar breakdown as
mid-March (3/16-19) near term. I would need a good 10-15% of
stocks triggering sell signals 3 or 4 days close together to get very
negative.

Percent of stocks triggering signals over last 3 days

8-17-9 MACD 16% buy signals vs. 28% sell signals
12-25-9 MACD 19% buy signals vs. 19% sell signals
14 day RSI 1% buy signals vs. 12% sell signals
21-3 Stochastic 2% buy signals vs. 22% sell signals
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