December 23, 2002
The primary trend is down and will only reverse up if the average rises above 9130.
The Nasdaq Composite gained 1.3% to close at 1381.
The primary trend is up.
The S&P 500 closed 2 points up at 897. The index is ranging between 965 and 768, establishing a base.
The Chartcraft NYSE Bullish % Indicator appears stuck at 50% (December 20).
Crude oil futures reach a 2-year high as tension over Iraq escalates and Venezuelan strikes continue.
New York: Spot gold is back up 500 cents at $US 345.30.
The index continues to range between 2915 and 3050, building a broad base.
MACD (26,12,9) crossed to above its' signal line; Slow Stochastic (20,3,3) is above its' signal line; Twiggs money flow signals accumulation.
For further guidance see Understanding the Trading Diary.
to put the nation in order, we must first put the family in order;
to put the family in order, we must first cultivate our personal life;
we must first set our hearts right.
- The Analects of Confucius.