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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Caroline who wrote (2976)2/6/1999 2:23:00 PM
From: go4it  Read Replies (1) | Respond to of 39683
 
Question : Is there somewhere that I can pick up a technical chart for the indexes i.e. Dow, NASDAQ, XAU etc.....

TIA Chuck



To: Caroline who wrote (2976)2/7/1999 5:55:00 AM
From: Dr. Stoxx  Read Replies (2) | Respond to of 39683
 
CB:

Some further TA work on GE, C, COMS:

GE: a genuine short in progress
MACD: very bearish, with clear indication of weakness in latter part of its present trading range
OBV: moderately bearish
ROC (30/15): very bearish

C: probably one to stay out of for now. All indicators are showing little in the way of trending, and none are giving clear signals in either direction
MAC: neutral to moderately bearish
OBV: neutral
ROC: neutral

COMS: this one, if timed properly, should be a big winner. Nearly all the oscillators are at record lows, and appear to be bottoming out. Price is at midterm support.
MACD: still very bearish, of course
OBV: very bearish, but at support
ROC: at absolute bottom, which would indicate a buy signal
Stochastics (15/5): at absolute bottom, but also indicate that a clear sell signal was given early last week, which we missed.

TC.