DP Bulletin: Three New Signals Generated

Today there were three signal changes: The S&P 100 Index ($OEX) and Nasdaq 100 Index ($NDX) had Short-Term Trend Model (STTM) signals change from BUY to NEUTRAL. And the Nasdaq 100 ($NDX) intermediate-term PMO BUY signal changed to SELL.

The two daily charts of $OEX and $NDX below show the 5EMA crossing down through the 20EMA, generating STTM NEUTRAL signals.

The $NDX weekly chart below shows the weekly PMO crossing down through its signal line and generating a weekly PMO SELL signal.

Happy Charting!
- Carl

Technical Analysis is a windsock, not a crystal ball.

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Trend Models

Price Momentum Oscillator (PMO)

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