Sell signal in the 60 and 10 simple moving average system. Should be different this time?
Showing posts with label QQQQ. Show all posts
Showing posts with label QQQQ. Show all posts
Wednesday, October 12, 2011
Wednesday, September 2, 2009
Tuesday, May 26, 2009
NASDAQ Composite
Let's use the PVI for the NASDAQ composite. What is more interesting is that in this index, we have the same pattern as in 2003. The divergence in this indicator with the other indexes such like the Dow Jones Transport, Dow Jones Industrial and S & P 500 is something to analyze.
In 2002 - 2003, this indicator give the buy signal on october 2002, 6 months before than the buy signal in the DOW JONES. Then, we could expect the same now, although the markets never behave the same way.
NASDAQ 2003:
NASDAQ 2009:
In 2002 - 2003, this indicator give the buy signal on october 2002, 6 months before than the buy signal in the DOW JONES. Then, we could expect the same now, although the markets never behave the same way.
NASDAQ 2003:
NASDAQ 2009:
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