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Incredible Charts 4.0.3.600 is now
available!
Your version of Incredible Charts should automatically update to the new version. Check under Help >> About on the charts menu to establish whether you have the latest version. If not, download and replace over your existing version. See What's New! (below) for a list of new features. |
USA
The Dow Industrial Average broke through resistance at 10000 after another pull-back. Light volume on the rally signals a lack of commitment from buyers.
The Dow Industrial Average broke through resistance at 10000 after another pull-back. Light volume on the rally signals a lack of commitment from buyers.
The primary trend appears uncertain, following the retreat back
above 10000. The consolidation pattern continues.
Twiggs Money Flow has formed a double bottom below the signal line but does not yet signal accumulation.
Twiggs Money Flow has formed a double bottom below the signal line but does not yet signal accumulation.
The Nasdaq Composite also displays light volume on the
latest rally.
The primary trend is headed downward.
Twiggs Money Flow (not shown) continues to signal distribution.
The primary trend is headed downward.
Twiggs Money Flow (not shown) continues to signal distribution.
The S&P 500 again pulled back to test resistance at
1100. Light volume signals a lack of commitment from
buyers.
A break above 1150, followed by confirmation of the breakout, would signal that the primary trend is headed upward.
Twiggs Money Flow continues to signal distribution.
A break above 1150, followed by confirmation of the breakout, would signal that the primary trend is headed upward.
Twiggs Money Flow continues to signal distribution.
NYSE Bullish Percent
The NYSE Bullish Percent Index rose slightly to 54.68% but the bear signal continues.
The NYSE Bullish Percent Index rose slightly to 54.68% but the bear signal continues.
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Treasury yields
The yield on 10-year treasury notes is consolidating just above 4.20%.
Expect a re-test of support at 4.00%.
The yield differential (10-year T-notes minus 13-week T-bills) is still healthy at 2.8%.
Low differentials, of below 1.0%, are strong bear signals.
The yield on 10-year treasury notes is consolidating just above 4.20%.
Expect a re-test of support at 4.00%.
The yield differential (10-year T-notes minus 13-week T-bills) is still healthy at 2.8%.
Low differentials, of below 1.0%, are strong bear signals.
Gold
New York: Spot gold rallied to $412.90 and appears headed for a test of long-term resistance at $427.25.
New York: Spot gold rallied to $412.90 and appears headed for a test of long-term resistance at $427.25.
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ASX Australia
The All Ordinaries rallied back above 3500, continuing the consolidation pattern. Lower volume and a fairly weak close on Friday signal a lack of commitment from buyers. A reversal in the next day or two may still result in a test of support at 3450.
The All Ordinaries rallied back above 3500, continuing the consolidation pattern. Lower volume and a fairly weak close on Friday signal a lack of commitment from buyers. A reversal in the next day or two may still result in a test of support at 3450.
If support at 3450 holds, it would be a
long-term bull signal.
A fall below 3350 would signal reversal of the primary trend.
Twiggs Money Flow continues to signal distribution.
A fall below 3350 would signal reversal of the primary trend.
Twiggs Money Flow continues to signal distribution.
Incredible Charts 4.0.3.610 - Test
version
The latest revision is available at Incredible Charts Test version if any members want to download it ahead of the general release planned for next week. Replace over your existing version.
The latest revision is available at Incredible Charts Test version if any members want to download it ahead of the general release planned for next week. Replace over your existing version.
- The new version fixes a bug that occurs when deleting stocks from watchlists and deleting project files.
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It also remembers (between sessions) the
last 30 stocks that you have charted.
To find the last 30 stocks, go to Securities >> Re-open from the main menu.
Norton Personal
Firewall
Members who use Norton Personal Firewall are likely to be prompted by their firewall whenever there is an update of Incredible Charts.
Members who use Norton Personal Firewall are likely to be prompted by their firewall whenever there is an update of Incredible Charts.
It is important that you select Always allow
connections from this program on all ports from the list of
options.
If not, you are likely to block all communication between Incredible Charts and the servers.
You may also receive an incoming communication alert:
If not, you are likely to block all communication between Incredible Charts and the servers.
You may also receive an incoming communication alert:
Select Permit from the
drop-down list and check Always use this
action in the box underneath.
Clearing existing Norton PF block
If you have previously selected the Always block connections option, it is probably best to clear your existing settings and start again.
Clearing existing Norton PF block
If you have previously selected the Always block connections option, it is probably best to clear your existing settings and start again.
- Go to Norton Personal Firewall 2004, select Status & Settings on the left.
- Highlight Personal Firewall in the center panel.
- Press the Configure button.
- Select the Programs tab
- Then scroll down the list until you reach Incrediblecharts.exe.
- When you have Incrediblecharts.exe selected in the list, click the Remove button.
- At the prompt, select Yes.
- And Yes again.
When you next open Incredible Charts, you will be able to reset
Norton PF at the prompts.
About
the Trading Diary has been expanded to offer further
assistance to readers, including directions on how to search the
archives.
Colin Twiggs
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It is remarkable that in so many great wars it is the
defeated who have won. The people who were left worst at
the end of the war were generally the people who were
left best at the end of the whole business. For instance,
the Crusades ended in the defeat of the Christians. But
they did not end in the decline of the Christians; they
ended in the decline of the Saracens. That huge prophetic
wave of Moslem power which had hung in the very heavens
above the towns of Christendom: that wave was broken, and
never came on again. The Crusades had saved Paris in the
act of losing Jerusalem. The same applies to that epic of
Republican war in the eighteenth century to which we
Liberals owe our political creed. The French Revolution
ended in defeat; the kings came back across a carpet of
dead at Waterloo. The Revolution had lost its last
battle, but it had gained its first object. It had cut a
chasm. The world has never been the same since.
~ G K Chesterton (1912) |
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