Replies to post #719 on ETF SWING & DAY TRADING

[kenwong]

Subject: Glenn, posting your chart setup

Wanted to see how it looks. Going ahead and posting it, too. Thanks.



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Posted by: glennob
In reply to: cruzship who wrote msg# 718 Date:8/15/2005 3:57:24 PM
Post #of 720

I use those and the NDX:SPX daily, using EMA5, MA13, the macd and RSI 14. They are all pointing down.
Glenn

[cruzship]

Glenob, does the uptick in the 5 ema on your chart indicate to you that this may be a bottoming action similar to the first week in July?