To: dennis michael patterson who wrote (16867 ) 10/22/1998 10:02:00 AM From: Chris Read Replies (1) | Respond to of 42787
transports holding today.. good sign. i think we are at the stage in "pullback mode" within an uptrend. im looking for support at 9 day or 13 day ema: CSS III: Analysis of DJ INDUSTRIAL IDX (.DJI) Reviewed on 10/21/98 **************************** High: 8,561.970 Low: 8,446.120 Close: 8,519.230 Change: 13.381 (0.1573%) Volume Today: 0 shares. On 10/21/98, DJ INDUSTRIAL IDX closed up 13.3809 at 8,519.2305 on volume 0.00% below average. **************************** Summary: MOVING AVERAGES DJ INDUSTRIAL IDX closed at: 8,519.230 The close is currently Above its 5 period exponential moving average (8,404.6689). The close is currently Above its 9 period exponential moving average (8,276.1094). The close is currently Above its 13 period exponential moving average (8,194.2090). The close is currently Above its 21 period exponential moving average (8,117.9321). The close is currently Above its 50 period exponential moving average(8,175.3384). The close is currently Above its 89 period exponential moving average(8,324.1729). The close is currently Above its 144 period exponential moving average(8,395.4404). The close is currently Above its 200 period exponential moving average (8,364.4375). ********************************************* 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. 86.6280 84.7178 82.5346 80.0395 77.1880 73.9292 71.1873 69.1969 64.7964 63.0382 67.7490 Super MACD Currently the MACD is bullish since it is trading above its signal line.The MACD crossed above its signal line 8 period(s) ago. Since the MACD crossed its moving average, DJ INDUSTRIAL IDX's price has increased 7.84% , and has ranged from a high of 8,652.860 to a low of 7,666.510. 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 85.28. The Super RSI can also be used with when it moves above and below the 60 trigger line. Currently is Above the 60 trigger line. PARABOLIC STOP AND REVERSE (SAR) There were no SAR signals generated today. The last signal was a Buy 8 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.