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Aus technischer Sicht geht`s bald runter mit der Nasdaq - wohl heute nach der Zinsentscheidung. Aus dem www.siliconinvestor.com: Started By: Drbob512 Date: Nov 6, 2001 2:20 AM *****Announcement: TA Training Classes ***** Are now available for November, at www.Stocktimers.com. ***** Technical Analysis (November 5) ***** A strong market rally pushed the Nasdaq to a new recovery closing high of 1793, compared to a 1775 close on October 25 and an intra-day high of 1792 a week ago Friday. The Dow is below its prior closing high of 9545 but is now just above its 50 dma. The breadth momentum indicator for the Nasdaq and NYSE are in the plus low 30`s, off of their October highs of +56 and +50, respectively. The overall volume has been light for the past week, including rally days, such as today`s 1.7B/1.2B shares for the Nasdaq/NYSE respectively. While this does not guarantee a sharp selloff, it does imply that a pullback or at least a pause is likely soon. The Nasdaq now has a gap below at 1759, and will likely get filled in the short term unless the index can rally on heavy volume. The Nasdaq a/d was positive at 21/14 as was the a/d for the NYSE which was 2/1. The Nasdaq MACD, Williams%R, DMI, CCI, Money Flow, Acc/Dist and Aroon are all very positive, while the rate of change and OBV are neutral. The RSI rose to 61.8. The Nasdaq monthly stochastic has finally crossed up, which may signal the end of the bear market, but that will need to be confirmed by a rising "d" and a widening of the crossover by the "k," along with other technical confirmations. The VIX/VXN dropped as expected on such a strong rally day. The put/call ratio dropped to .64. Sentiment is neutral. The markets seem to be ignoring bad news as money stream indicators remain positive, though they have lost a little momentum. The markets may be nearing a short term top. If the market trades higher early on Tuesday without strong market internals, then it could decline for a while afterwards, but if it opens down, then more rallying can ensue for the day. If rallies are accompanied by heavier volume than we have seen lately, then this up trend can continue. Dr.Bob`s commentaries are not to be construed as recommendations to buy or sell securities, options or index vehicles. Information is believed to be reliable but cannot be guaranteed. Always do your own research before investing or trading. Dr.Bob`s mission is to teach Technical Analysis and demonstrate a structured approach to Market Analysis, for position, swing, and daytrading. Information on his TA classes are now available at www.Stocktimers.com. NEW TIME Announcement: Dr.Bob hosts Stocktimers meetings on Sunday nights to discuss the end of week Market Analyses, especially Technical Analysis, at AOL’s private chat room, from 6-7 pm PST. The Stocktimers AOL meeting starts off in the private chat room, and then usually goes into the regular rooms for more capacity. Just Instant Message Drbob512 to locate him. To receive weekly TA Updates/alerts and other information, go to www.Stocktimers.com, or send request to be added to Dr.Bob’s email list at: Drbob512@msn.com |
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| aus der Diskussion: | 06.11.01: US-Zinsentscheidung - Greenspan gibt der Nachwelt einen Trümmerhaufen |
| Autor (Datum des Eintrages): | Reisen (06.11.01 09:12:38) |
| Beitrag: | 36 von 767 (ID:4804271) |
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