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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,381.26
(
0.46%
)
Post# of 103302
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powerofthepenny

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powerofthepenny

Re: now invest post# 77603

Thursday, 10/28/2010 10:22:08 AM

Thursday, October 28, 2010 10:22:08 AM

Post# of 103302
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, LLEG scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Tuesday
+20 Last Price Above 20 Day Moving Average
-25 New 3 Week Low, Week Ending October 9th
+30 New 3 Month High in September

+75 Total Score
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