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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (40281)1/8/2001 11:05:40 AM
From: donald sew  Read Replies (3) | Respond to of 42787
 
Paul,

The NAZ NEW HIGHs/LOWs are right now at 27/70, so the NEW LOWs are deteriorating but not at a significant rate, keeping in mind that previously it was as low as 900. I would still consider it a positive divergence.

Today is the 7th day in a row with the NYSE TRIN reading above 1.00 which is at extreme levels for the past 2 years.

The NDX may be in the process of forming a MORNING STAR if it can close off of its lows with a DOJI/SPINNING TOP. Morning Stars are 3-DAY patterns, and today is only DAY-2.

Right now the SOX is FLAT.

Possible UP-POP tomorrow.