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Here is something for consideration for Wednesday's open. If the futures
stay above YUVA(yesterday's upper value area)1165.5 overnight, then first
expect a test of support at YUVA. If that holds(vague statement, i know)
then expect a rally and test of R1, R2, R3. If YUVA fails then expect YMVA
to be tested(YMVA=yesterday's mid value area). If that fails, then expect a
test of S1 or YLVA(you know what that is now). If those fail then expect
test of S2, and S3.
bobr
----- Original Message -----
From: "profitok" <profitok@xxxxxxxxxxxxx>
To: <gannsghost@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, March 12, 2002 8:23 PM
Subject: Re: [gannsghost] Re: [RT] sp500/nasdaq
> look at the last 5 days
> # of stocks making new high decrease while the sp500 kept making
higher
> high
> does that clears the point
> just a bearish divergence
> nice day
> Ben
>
> ----- Original Message -----
> From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Cc: <gannsghost@xxxxxxxxxxxxxxx>
> Sent: Tuesday, March 12, 2002 8:41 AM
> Subject: [gannsghost] Re: [RT] sp500/nasdaq
>
>
> > Attached find daily new highs and lows for the NASDAQ and NYSE (daily
and
> > weekly). Perhaps I did not correctly interpret your statement but it
looks
> > to me like the new highs have expanded quite nicely over this rally
while
> > new lows have declined?
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "profitok" <profitok@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Cc: <gannsghost@xxxxxxxxxxxxxxx>
> > Sent: Monday, March 11, 2002 8:04 PM
> > Subject: [RT] sp500/nasdaq
> >
> >
> > > Hello and nice evening to all
> > > I have a bearish outlook for at least until 3/15-3/18
> > > reasons
> > > a the 5 and the 10 day trin are at a 34 day low
> > > b: with the sp making a higher high almost daily we STILL do NOT
> have
> > increasing new yearly new highs,,
> > > c: p/c very bearish (lowest in 34 days)
> > >
> > > just wondering also where the score for BOTH NASDAQ and sp500 stand?
> > > good trading
> > > Ben
> > > p.s
> > > I still see 1212 sp cash by 4/1-4/3/02
> > >
> >
> >
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> >
> >
> >
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> >
> >
>
>
>
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