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Strategies & Market Trends : Shorting SPY for fun and profit. -- Ignore unavailable to you. Want to Upgrade?


To: ed doell who wrote (165)9/15/1999 5:18:00 PM
From: fut_trade  Read Replies (1) | Respond to of 346
 
I loaded today's data for the NYSE.

The close before the 200 day MA is a sell signal.

The A-D ROC is right at the support line (which I guess is a neutral indication). It looks to me that the trend of the NYSE (and hence the NASDAQ and S&P 500) is down or at least neutral at this point.

I have no idea if the downside will be significant. Maybe the indexes will just wander around some more???

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