Medium
Term Trend Checklist (20-50 trading
days)
Checklist
calculations
| Stock
Check List - DJIA medium term
trend checklist |
| Stock:
DJIA |
BUY/SELL
Rating: -5
|
Date:
April 19th, 2005 |
| Indicator |
Confirming |
Negating |
| Trendlines |
|
Down |
50
& 100 day SMA's
|
|
20 & 50 day SMA cross |
MACD
MACD-H |
|
MACD downtrend
MACD-H downtrend |
| RSI |
|
RSI downtrend |
| __________________________________________________________________________ |
| Points: |
0
positive |
5
negative |
This
shows clearly we have reached
a peak, a larger drop should be
expected and dropping below the
10000 mark should not be unexpected.
