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


To: J.T. who wrote (17984)10/14/2003 11:12:22 PM
From: Alex MG  Read Replies (1) | Respond to of 19219
 
now THIS is interesting traders-talk.com

...NYSE cumulative A/D chart which is now within a couple of days of making all time highs, If breadth joins the cumulative new highs/new lows in new high territory, this would then close the door that an ongoing secular bear market as being the preferred market interpretation. This would only leave a cyclical bear as the only idea that would make sense, and even then, this cyclical bear may have also been already completed with last October's bottom.


Value Line Arithmetic Index & Russell 2000 Value Index are now at all time highs