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S&P 500
6,995.78
(
0.41%
)
US TECH 100
25,306.61
(
0.65%
)
Dow Jones
48,370.38
(
-0.34%
)
Brent Oil
92.88
(
-2.71%
)
Bitcoin
74,142.01
(
-0.08%
)
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Post# of 704044
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JimQuinceH

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JimQuinceH

Re: opnion post# 250142

Wednesday, 05/26/2004 2:42:33 PM

Wednesday, May 26, 2004 2:42:33 PM

Post# of 704044
Generally, market price highs occur two to three weeks after momentum highs occur, yesterday may have been a momentum high in the overall market (I don't know yet, as I use closing data). If it was then we probably still have several more weeks before the market, turns down.
The momentum high preceding the January market highs occurred 18 trading days before the price high occurred.

Jim
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