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alanfl

04/17/03 10:26 AM

#13182 RE: Bernard Ng #13179

where do you get the futures thru the night?
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Bernard Ng

04/21/03 9:21 AM

#13219 RE: Bernard Ng #13179

IndexPulse TrendWatch for Monday

Overall Market:
Long Term: Short
Medium Term: Long
Short Term: Short

Time Frame and Trading Signals: as stated in iBox

Futures are slightly green. FTSE is closed for the day. TNX gapped up and trading at HOD. The market looks bullish at the moment. The testing signal agrees with the green futures, but suggests that we should fade this gap, and hold on to it. The Plan is slightly bullish at the moment, but I still think that we got the top last week, and expecting INDU to see 8000 in a week or two. This gapup won't run much, I only give it 60 points maximum for the day.

Leading Indicators will come out at 10:00am.

INDU's 5 day MACD support at -30, resistance at +40. A short at or above +30 is what I'm looking for.

INDU should have a trading range between 8200 and 8400.
NDX should have a trading range between 1065 and 1090.
SPX should have a trading range between 880 and 895.
JMHO.