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

To: Chris who wrote (8903)5/26/1998 11:57:00 PM
From: Jan Robert Wolansky  Read Replies (1) | Respond to of 42787
 
Yes, I see the same thing for the Nasdaq. However, I don't like the fact that today's close dropped below the auto trend channels. On the other hand, in Metastock, the StochRSI's are very low: StochRSI 21/5 is less than 2, 34/13 and 8/5 are both around 10. Couple this with the bond market rallying strongly, I think that with rates so low, we may be getting close to the bottom of the correction. Perhaps it's wishful thinking on my part.



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