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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: jfhh who wrote (40250)1/24/2001 9:32:29 AM
From: Daveyk  Read Replies (1) | Respond to of 43080
 
John,here's what I see.Daily momentum is positive 13 days,weekly negative 7.7 weeks,monthly negative 12 months,50dma 20.90,200dma37.32.
It would give a buy signal with a print of 14.5;a sell at 10.5 Right now it's in a triangle so direction is not determined.Sector bull confirmed which is a positive.Here's the bell curve with middle being median price.
Wkly Distribution
| + | + + | + + | + + * + + + | +--|---------------------------------7.79 25.63 43.47
Daily Distribution
+| + | + + | + + | + + * + + | +-----------------|------------------9.03 12.22 15.41

Edit,I see the bell curve doesn't cut and paste properly.Middle of band on daily is 12.22;weekly 25.63