This thread is for my thinking on the market.
Just for the record and easy for myself to check.
Here are short-term, medium term and long-term update on several indices.
=========================================================
Updated 01/03/2005
Short-term bullish (9 ema over 12 ema):
$ndx, $nikk, $tnx
Short-term bearish (9 ema under 12 ema):
$hui, today add $xoi, $osx (oih almost now), $crb
12 ema over 26 ema: $osx (barely), $ndx, $nikk
12 ema under 26 ema: $hui, $gold, $crb, today add $xoi
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Updated 1/03/2005
Medium-term
Bullish: 20 day over 50 day sma: $xoi, $osx, $ndx, $nikk, $tnx
Bearish: 20 day under 50 day sma: $hui
Closed under 50 day sma -- $xoi, $osx
Closed under 200 day sma -- $hui
50 day sma over 200 day sma: $xoi, $osx, $ndx, $hui
50 day sma under 200 day sma: $nikk, $tnx
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Long-term (weekly chart)
Looking at 10, 40 and 80 sma weekly
Bullish:
$hui (barely -- starting to look bearish)
ewj
stockcharts.com[w,a]waclyyay[pb10!b40!b80!f][vc60][iut!Ub14!La12,26,9!Lah12,26,9!Lk14!Lf!Lg!Lp14,3,3!Ll14]&pref=G
$dxe
stockcharts.com[w,a]waclyyay[pb10!b40!b80!f][vc60][iut!Ub14!La12,26,9!Lah12,26,9!Lk14!Lf!Lg!Lp14,3,3!Ll14]&pref=G
$osx
stockcharts.com[w,a]waclyyay[pb10!b40!b80!f][vc60][iut!Ub14!La12,26,9!Lah12,26,9!Lk14!Lf!Lg!Lp14,3,3!Ll14]&pref=G
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Updated 12/27/2004
Mega long-term -- looking at 20 and 40 month sma
20 month sma over 40 month sma: $hui, $osx, $ndx, $nikk
20 month sma under 40 month sma: $tnx
stockcharts.com[w,a]maclyyay[pb20!b40][vc60][iUb14!La12,26,9]&pref=G
stockcharts.com[w,a]maclyyay[pb20!b40][vc60][iUb14!La12,26,9]&pref=G
stockcharts.com[w,a]maclyyay[pb20!b40][vc60][iUb14!La12,26,9]&pref=G
-------------------------------------------------------
Updated 12/27/2004
Super-long 40 month sma and 80 sma
--- It normally takes a while (many years) for this two sma
to cross. Look at $nikk, the peak was at late 1989 and 1990, however it took three more years for 40 sma to go under 80 sma. And $tnx 40 sma still over $80 sma for many many years.
stockcharts.com[w,a]maclyyay[pb20!b40!b80!f][vc60][iut!ub14!la12,26,9!lah12,26,9!lk14!lf!lg!lp14,3,3!ll14]&pref=G
stockcharts.com[w,a]maclyyay[pb20!b40!b80!f][vc60][iut!ub14!la12,26,9!lah12,26,9!lk14!lf!lg!lp14,3,3!ll14]&pref=G
stockcharts.com[w,a]maclyyay[pb20!b40!b80!f][vc60][iut!ub14!la12,26,9!lah12,26,9!lk14!lf!lg!lp14,3,3!ll14]&pref=G
stockcharts.com[w,a]maclyyay[pb20!b40!b80!f][vc60][iut!ub14!la12,26,9!lah12,26,9!lk14!lf!lg!lp14,3,3!ll14]&pref=G |
