December 30, 2002
The primary trend is down and will only reverse up if the average rises above 9076 (the high from December 02).
The Nasdaq Composite lost 9 points to close at 1339.
The primary trend is up.
The S&P 500 closed 4 points up at 879. The index is ranging between 965 and 768, establishing a base.
The Chartcraft NYSE Bullish % Indicator appears stuck at 50% (December 27).
Wal-Mart, JC Penney and Federated Stores, owners of Macy's and Bloomingdales, report mixed results. (more)
New York: Spot gold lost 470 cents to close at $US 344.20.
The index is ranging between 2915 and 3050, building a base.
Slow Stochastic (20,3,3) crossed to below its signal line; MACD (26,12,9) is above; Twiggs money flow signals accumulation.
For further guidance see Understanding the Trading Diary.
It is by observing a person's mistakes that you can know his/her goodness.
- The Analects of Confucius 4:7.