S&P 500 & Nasdaq Analysis and Trends

[stockholygrail]

all you have to do is use rsi(2) for the daily weekly and monthly time frames and the 15-30-and 60 minutes time frames for the intraday setup- the montly will pick off the 2-4 year time frames and the weekly will pick off the 1-4 month time frame and the daily will pick off the 5-20 day time frame- when they are all <1-5% this is usually your dead bottom on strong moves down like the qqqq on 10-10-02 all three were <0.7% while qqqq was at <20$ and when it was >120$ in 2000 all three were above 99.7%. it works the same way for the intraday setup using linear regression with it. when following the qqqq look at all the stocks that lead it-when they hit >98% on the daily they will usually start going down telling you that the qqqq is ready to move down again and nvda is one of the best to follow- three days ago its daily rsi(2) was at 99.46% its high. same thing on the bottom- it will lead up with brcm too about 1-3 days before the qqqq starts to move up. another good way is to use the weekly rsi(2) <5% is usally the bottom 80% of the time and likewise >95% is usually the top--if you have questions let me know- you may want to look at gnta right now its monthly rsi(2) is at 0.6% at 0.50 99% od the time a stock will never go below 0.5%on the monthly rsi(2)--