To: Electric who wrote (14807 ) 8/21/1998 11:05:00 AM From: Chris Respond to of 42787
spx holding abv 200 day ema CSS III: Analysis of S&P 500 INDEX (.SPX) Reviewed on 8/20/98 **************************** High: 1,098.790 Low: 1,089.550 Close: 1,091.600 Change: -6.460 (-0.5883%) Volume Today: 0 shares. On 8/20/98, S&P 500 INDEX closed down -6.4601 at 1,091.6000 on volume 0.00% below average. **************************** Summary: MOVING AVERAGES S&P 500 INDEX closed at: 1,091.600 The close is currently Above its 5 period exponential moving average (1,090.3347). The close is currently Above its 9 period exponential moving average (1,089.8184). The close is currently Below its 13 period exponential moving average (1,093.1697). The close is currently Below its 21 period exponential moving average (1,101.5330). The close is currently Below its 50 period exponential moving average(1,113.0492). The close is currently Above its 200 period exponential moving average (1,058.5320). ********************************************* TREND STRENGTH: - this number represents the trend strength. Ideally, for going long, you want to see a rising value for each progressing day. A low reading (around 20's-40's) represents an oversold condition - this could mean that uptrend might just be starting. A high reading (around 80's-90's) represents an overbought condition - this could mean that uptrend might be limited/topping. Trend Strength for the Last 10 Days Today's value is the first line. 31.8872 27.9562 22.2977 17.9738 15.8221 17.2712 17.9889 18.0245 20.0757 21.2617 22.0723 Super MACD Currently the MACD is bullish since it is trading above its signal line.The MACD crossed above its signal line 2 period(s) ago. Since the MACD crossed its moving average, S&P 500 INDEX's price has decreased 0.87%, and has ranged from a high of 1,106.320 to a low of 1,083.670. SUPER RELATIVE STRENGTH (Super RSI) This customized RSI shows overbought (above 80) and oversold (below 20) areas. The current value of the Super RSI is 50.37. The Super RSI can also be used with when it moves above and below the 60 trigger line. Currently is Below the 60 trigger line. PARABOLIC STOP AND REVERSE (SAR) There were no SAR signals generated today. The last signal was a Buy 2 period(s) Ago. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. Always use other indicators/forms of analysis to confirm.