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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (38650)	1/31/2000 11:18:00 AM
From: Les H	Read Replies (1) \| Respond to of 99985

It's not surprising. The NDX has severely weakened in breadth as well. I run a weekly scan of distribution of the NDX by 14-day Wilder RSI. Nasdaq 100 S&P 100 Strongest (RSI >= 90) 0 0 Stronger (RSI >= 70) 0 1 Strong (RSI >= 50) 34 22 Weak (RSI < 50) 62 69 Weaker (RSI <= 30) 4 8 Weakest (RSI <= 10) 0 0