Short
Term Trend Checklist (under
20 trading days)
Checklist
calculations
| Stock
Check List - DJIA short
term trend checklist |
| Stock:
DJIA |
BUY/SELL
Rating: -4
|
Date:
April 19th, 2005 |
| Indicator |
Confirming |
Negating |
| Trendlines |
|
Downtrend |
| Candlestick
patterns |
Hammer |
|
50
& 100 day SMA's
|
|
5 & 20 day SMA down |
MACD
MACD-H |
|
MACD downtrend
MACD-H downtrend |
| RSI |
|
RSI downtrend |
| __________________________________________________________________________ |
| Points: |
1
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.
