SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: Davy Crockett who wrote (3752)11/20/2001 11:35:49 PM
From: Davy Crockett  Read Replies (1) | Respond to of 5144
 
Interesting chart of the NAZ... way overbought IMO

stockcharts.com[w,a]diclyymy[dd][pc5!c21!b50!b100!b200!i!h.02,.20!f][vc60][iUb14!Ll14!Lp14,3,3!La12,26,9!Lc20!Lg!Lh39,1]

Note the that the MACd is awfully close to a sell signal (esp. with the Strong trending market --> ADX), but look @ the MACd histogram, negative divergence with the rising NAZ.
Histogram although positive, has actually been declining from about the middle of October!!!

Another interesting view of the NAZ is this PnF chart
stockcharts.com Getting very close to that BRL (bearish resistance line (red declining line)

Regards,
Peter



To: Davy Crockett who wrote (3752)11/21/2001 9:19:35 AM
From: Cush  Read Replies (1) | Respond to of 5144
 
Hi Peter. Great chart and explanation. I hope you can leave that picture up at Yahoo for a few days, or should I print it? I may not get much of a chance to think about it until tomorrow (guessing things will be sort of slow with the US markets closed).

Cush


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News