08-04-2006, 09:45 AM
Daily & hourly oscillators (5,17;10,70; 5,35) for NYSE & Nasdaq are turning positive. NYSE is positive in both Daily & Hourly. Normally I would begin to search for DT opportunities for NYSE, but I WILL WAIT FOR FED ON TUES.!!!
Nasdaq is positive for Hourly, but shows only 5,17 for daily is positive; 10,70 & 5,35 are still negative. Hence Nasdaq is "transitioning". Still wait for FED TUES.
Regards, Jon
Nasdaq is positive for Hourly, but shows only 5,17 for daily is positive; 10,70 & 5,35 are still negative. Hence Nasdaq is "transitioning". Still wait for FED TUES.
Regards, Jon