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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (27351)3/15/1999 9:22:00 PM
From: Magnatizer  Read Replies (2) | Respond to of 79180
 
Market magnets 3.16.99

notes

Dow: Mids still all up. Theoretical data is testing 10015 and 10021
utrends. Actual data yet to cross 10k. Looks like it wants to do
so today (Tuesday)

Nasdaq comp: Mids all up. Tline cross today (tuesday). Of note,
IHS in 89.3.5 stochs above the 80 line. Is a nas rally headed our
way????????

SP500: Still watching the 1286 utrend closely. Mids all up now. If
it were to close here Friday a weekly buy signal would be given. A
bit early to make a move on the signal but it is encouraging for we
bulls.

NDX: Mids all up. Weekly hold and it will take quite a move to get
a buy signal.

Overall still see Dow as leader here. SP joined in on the party
today. Nas is a follower and its a role it has not played for some
time. Will see if it tires of its 2nd fiddle seat and takes the lead

Mond Tues Wed Thurs Fri
DOW 30 Close 9876 9959
day prior

Monday Friday
(if sloped)

8980 -896 -979 8980 8980 8980
9340 9361 -536 -614 9351 9356 9361
9363 9387 -513 -590 9375 9381 9387
9398 -478 -561 9398 9398 9398
9508 9532 -368 -445 9520 9526 9532
9651 -225 -308 9651 9651 9651
9905 29 -54 9905 9905 9905
10015 10051 139 65 10033 10042 10051
10021 10088 145 79 10055 10071 10088
10158 282 199 10158 10158 10158
10411 535 452 10411 10411 10411

Nasdaq Close 2382 2431
day prior

Monday Friday

1846 -536 -585 1846 1846 1846
1910 -472 -521 1910 1910 1910
1973 -409 -458 1973 1973 1973
2055 -327 -376 2055 2055 2055
2180 2190 -202 -249 2185 2188 2190
2261 2267 -121 -169 2264 2266 2267
2316 -66 -115 2316 2316 2316
2497 115 66 2497 2497 2497
2528 2536 146 99 2532 2534 2536
2655 273 224 2655 2655 2655
2970 588 539 2970 2970 2970

SP500 Close 1295 1307
day prior

Monday Friday

1116 -179 -191 1116 1116 1116
1162 -133 -145 1162 1162 1162
1188 1189 -107 -119 1189 1189 1189
1223 -72 -84 1223 1223 1223
1245 1246 -50 -62 1246 1246 1246
1265 1266 -30 -42 1266 1266 1266
1277 1281 -18 -29 1279 1280 1281
1286 1298 -9 -18 1292 1295 1298
1300 5 -7 1300 1300 1300
1330 1331 35 23 1331 1331 1331
1413 1415 118 107 1414 1415 1415
1447 152 140 1447 1447 1447

NDX Close 2009 2060
day prior

Monday Friday

1800 -209 -260 1800 1800 1800
1888 -121 -172 1888 1888 1888
1975 -34 -85 1975 1975 1975
2030 21 -30 2030 2030 2030
2084 75 24 2084 2084 2084
2177 168 117 2177 2177 2177

ht
david