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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: fut_trade who wrote (1384)	11/18/1999 10:05:00 PM
From: J.T.	Respond to of 19219

Peter, Thanks for your stats. I thought you might have some additional upside target above SPX 1,469. Every good TA must abide by his tools including support and resistance levels. <EOM> Best Regards, J.T.

To: fut_trade who wrote (1384)	11/19/1999 11:22:00 PM
From: fut_trade	Read Replies (2) \| Respond to of 19219

S&P 500 Daily Statistics - 11/19/99 Stocks above 200-DMA: 231 Advances/Declines: 156/323 2-week new highs/lows: 61/73 10-week new highs/lows: 34/27 52-week new highs/lows: 23/10 Total stock volume: 962594000 11/19/99,231,156,323,61,73,34,27,23,10,962594000 The number of stocks above the 200-DMA dropped for the 4th consecutive day, but it is still higher than last week. The declines lead advances by the biggest margin in 2 weeks. 2-week new lows beat new highs for the 1st time this week. 10-week and 52-week new lows have increased for 4 consecutive days, however, new highs still lead these new lows. Unfortunately, I have only two weeks of data, so I can't make a more detailed analysis. However, the breadth of the SPX seems to be similar to that on 11/09/99, Tuesday of last week.