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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (30004)6/1/1999 9:47:00 PM
From: Magnatizer  Read Replies (1) of 79230
 
Market Magnets

notes

SP500: 1281 utrend held support again. I put its anchors in so all
could draw it.

Other than that nothing really strikes me as much of a change today.
Very light volume for a tline cross day... Likely to see some real
action in the next 2-3 days.

Mond Tues Wed Thurs Fri
DOW 30 Close 0 10560 10596
day prior

Monday Friday
(if sloped)

9651 9651 -909 -945 9651 9651
9794 9818 9794 -760 -790 9812 9818 Top of Set of Three
9905 9905 -655 -691 9905 9905
10158 10158 -402 -438 10158 10158
10411 10411 -149 -185 10411 10411
10482 10521 10482 -68 -95 10511 10521 Not Mag but very key
10679 10679 119 83 10679 10679
10926 10998 10926 384 366 10980 10998 Newest mag tline
10947 10947 387 351 10947 10947
11239 11239 679 643 11239 11239

Nasdaq Close 0 2471 2412 Next mag tline cross:
day prior 6.7.99

Monday Friday

2055 2055 -416 -357 2055 2055 Strong
2290 2298 2290 -179 -118 2296 2298
2316 2316 -155 -96 2316 2316
2317 2304 2317 -157 -102 2307 2304
2338 2343 2338 -132 -72 2342 2343 12.23.94 to 10.20.95
2471 2475 2471 1 61 2474 2475
2497 2497 26 85 2497 2497
2611 2624 2611 143 206 2621 2624 1.14.99 to 3.16.99
2644 2652 2644 175 236 2650 2652 8.2.96 to 11.8.96
2655 2655 184 243 2655 2655
2818 2844 2818 354 419 2838 2844
2812 2812 341 400 2812 2812
2970 2970 499 558 2970 2970
3127 3127 656 715 3127 3127
3210 3210 739 798 3210 3210

SP500 Close 0 1302 1294 Next mag tline cross:
day prior 6.1.99

Monday Friday

1162 1162 -140 -132 1162 1162
1208 1209 1208 -94 -86 1209 1209
1223 1223 -79 -71 1223 1223
1262 1263 1262 -40 -32 1263 1263 85 Line
1281 1282 1281 -21 -13 1282 1282 8.1.84 to 10.19.84
1300 1300 -2 6 1300 1300
1325 1328 1325 24 33 1327 1328 9.18.97 to 6.24.98
1342 1344 1342 41 49 1344 1344 New Mag Tline cross
1348 1350 1348 47 55 1350 1350 86 Line
1381 1387 1381 81 90 1386 1387
1434 1444 1434 135 145 1442 1444
1436 1437 1436 134 143 1437 1437
1447 1447 145 153 1447 1447
1593 1593 291 299 1593 1593

NDX Close 0 2090 2026
day prior

Monday Friday

1888 1888 -202 -138 1888 1888
1975 1975 -115 -51 1975 1975 Strong
2030 2030 -60 4 2030 2030
2084 2084 -6 58 2084 2084
2177 2177 87 151 2177 2177
2269 2269 179 243 2269 2269
2312 2337 2312 228 299 2331 2337
2362 2362 272 336 2362 2362
2454 2454 364 428 2454 2454

ht
david
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