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January 13, 2003
The average is ranging between 8161 and 9076, at the top end of the base that has been forming since July 2002; a bullish sign.
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 1 point to close at 1446.
The primary trend is up.
The S&P 500 closed almost unchanged at 926.
The index ranges between 965 and 768, establishing a base. It has recently held above 867 and failed to re-test support at 768; a bullish sign.
The Chartcraft NYSE Bullish % Indicator increased to 52% (January 10).
AOL loses Steven Case, chairman of AOL, and Walter Isaacson, chairman of CNN, within 24 hours. (more)
New York: Spot gold eased 30 cents to $US 354.10
Slow Stochastic (20,3,3) is below its signal line; MACD (26,12,9) is above; Twiggs money flow is falling.
For further guidance see Understanding the Trading Diary.
When Confucius heard this, he said, "Twice is enough."
- The Analects of Confucius: 5.19