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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (30290)6/17/1999 11:14:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 79230
 
Market Magnets 6.18.99

notes

Dow: close here tomorrow is weekly hold rating. Magnet indicators
near a magnet signal.

Nasdaq: Close here tomorrow is weekly hold. Magnet indicators very
likely to give new magnet tomorrow.

SP500: Weekly hold with close here tomorrow. New normal mag born
today. 1321 utrend is the new key to watch in mag land.

Nas 100: Weekly buy with close here tomorrow.

Very impressive show of strength today. I still feel we will see a
attempt to fill the gaps (at minimum) in the near future.

Mond Tues Wed Thurs Fri
DOW 30 Close 10491 10563 10595 10785 10842
day prior

Monday Friday
(if sloped)

9847 9870 -644 -710 -737 -921 -972 Top of Set of Three
9905 -586 -658 -690 -880 -937 Neutral zone
10158 -333 -405 -437 -627 -684 Quarter zone
10411 -80 -152 -184 -374 -431 Weak
10582 10613 91 27 3 -180 -229 Not Mag but very key
10679 188 116 84 -106 -163 Neutral zone
10947 456 384 352 162 105 Regular
11096 11160 605 549 533 359 318 Newest mag tline
11239 748 676 644 454 397 Weak

Nasdaq Close 2448 2398 2415 2518 2544
day prior

Monday Friday

2055 -393 -343 -360 -463 -489 Strong
2198 -250 -200 -217 -320 -346 Weak
2289 2279 -159 -112 -131 -237 -265
2312 2320 -136 -84 -99 -200 -224
2316 -132 -82 -99 -202 -228 Neutral zone
2353 2358 -95 -44 -60 -161 -186 12.23.94 to 10.20.95
2434 -14 36 19 -84 -110 Weak
2480 2484 32 83 67 -35 -60
2497 49 99 82 -21 -47 Regular
2527 2520 79 127 109 4 -24 5.21.99 to 6.8.99
2648 2663 200 254 241 141 119 1.14.99 to 3.16.99
2668 2677 220 272 258 157 133 8.2.96 to 11.8.96
2655 207 257 240 137 111 Quarter zone
2891 2925 443 502 493 399 381
2812 364 414 397 294 268 Regular
2970 522 572 555 452 426 Quarter zone

SP500 Close 1294 1294 1301 1330 1340
day prior

Monday Friday

1162 -132 -132 -139 -168 -178 Neutral zone
1208 -86 -86 -93 -122 -132 Quarter zone
1211 1212 -83 -83 -90 -118 -128
1265 1266 -29 -29 -36 -64 -74 85 Line
1274 1257 -20 -24 -36 -69 -83 5.10.99 to 6.1.99
1284 1285 -10 -10 -17 -45 -55 8.1.84 to 10.19.84
1300 6 6 -1 -30 -40 Regular
1321 1324 27 28 22 -7 -16 3.9.99 to 6.17.99
1334 1337 40 41 35 6 -3 9.18.97 to 6.24.98
1348 1350 54 55 48 20 10
1352 1353 58 58 52 23 13 86 Line
1397 1403 103 105 99 72 63
1439 1440 145 145 139 110 100
1447 153 153 146 117 107 Quarter zone
1456 1466 162 165 160 134 126
1593 299 299 292 263 253 Neutral zone

NDX Close 2062 2029 2058 2167 2191
day prior

Monday Friday

1888 -174 -141 -170 -279 -303 Quarter zone
1975 -87 -54 -83 -192 -216 Strong
2030 -32 1 -28 -137 -161 Neutral zone
2084 22 55 26 -83 -107 Regular
2091 2094 29 63 35 -74 -97 3.26.99 to 6.9.99
2177 115 148 119 10 -14 Quarter zone
2269 207 240 211 102 78 Neutral zone
2366 2393 304 344 322 219 202
2362 300 333 304 195 171 Quarter zone
2454 392 425 396 287 263 Regular

ht
david